L Catterton Quietly Becomes a Major Travel Investor
Skift reports that L Catterton's travel investment footprint keeps expanding. The firm led an $800 million investment in private aviation company Flexjet and backed river cruise operator AmaWaterways alongside co-investors with roughly $890 million; it had already invested in Despegar, Norwegian Cruise Line, OneSpaWorld and GetYourGuide. More recently it moved into live experiences through Fever and into hospitality via a new luxury hotel strategy. When Skift reported on the attempted sale of British luxury tour operator Audley Travel, L Catterton appeared as one of the final potential buyers, though the deal fell through. L Catterton manages about $40 billion and is one of the world's larg…
Impact and considerations
A large consumer-focused private investor deepening its travel exposure could reshape capital flows and ownership across private aviation, cruises, destination experiences and luxury lodging, with implications for consolidation and strategy.
Key points
- L Catterton led an $800 million investment in private aviation company Flexjet.
- It backed river cruise operator AmaWaterways alongside co-investors with roughly $890 million.
- Its earlier portfolio includes Despegar, Norwegian Cruise Line, OneSpaWorld and GetYourGuide.
- It recently expanded into live experiences through Fever and launched a new luxury hotel strategy.
- It appeared as one of the final potential buyers in the attempted sale of Audley Travel, though the deal fell through.
- L Catterton manages about $40 billion and focuses on consumer businesses.
Sources and time
- Primary source
- Skift
- Other sources
- 0
- First source publication
- 28 Sept 2026, 23:11
- Page published
- 28 Sept 2026, 23:47
- Last updated
- 28 Sept 2026, 23:11
- Original links
- Skift Feed：How L Catterton Quietly Became One of Travel’s Most Interesting Investors (opens in a new tab)Primary source · en · Published 28 Sept 2026, 23:11