Kampaoh has a turnover of 23 million euros and announces its ambitious goals for 2024

Kampaoh, the Spanish startup specializing in accommodation in comfortable and sustainable tents, culminates in a successful 2023 marked by International expansion into new European markets, including France, Italy and Portugal, accounting for 6.5% of the company’s total sales. The brand was founded in 2016 by entrepreneur Salvador Lora and has experienced exceptional growth Revenue from 45,000 euros to 23 million euros in just seven years, with an offer that includes 3,500 accommodations spread over 83 campsites.

Unstoppable growth in numbers

Since its inception, Kampaoh’s growth has been unstoppable. An original idea that Salvador Lora is able to successfully implement in Spain after a vacation with his wife and sister-in-law in the Dominican Republic. The concept of camping “simple and beautiful” It not only manages to attract adventurous travelers but also the attention of various capital funds looking for investments.

To start In 2016, Lora invested €5,000 when purchasing the first stores and the basic equipment thanks to the FFF (Family, Friends & Fools), which allows constant and organic growth over 4 years.

In 2020, Encomenda Smart Capital shows its interest and contributes an amount of almost half a million euros, a key investment for the end of 2021 marked by the pandemic but also by a Sales of 3.4 million euros. There were also other investment funds such as Alter Capital, Axon Partners Group and JME Ventures At the end of 2022 they will add 14 million eurosthe key to the growth and internationalization of Kampaoh in 2023. In the same year, the company manages to strengthen its presence in the north of Spain, making it the second largest region with the highest income after Andalusia.

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Innovative growth plans for 2024

The startup’s business model has opened up numerous opportunities for the tourism industry, offering travelers a high-quality service with more sustainable and environmentally friendly experiences. To this end, Kampaoh carefully selects each of the campsites where they set up their handmade tents – handcrafted in their workshops in Seville – guaranteeing their customers the best possible holiday.

In 2024, Kampaoh plans to add fully brand-managed campsites in Spain to its catalog to improve the camping experience “simple and beautiful” to another level. As for income, Kampaoh expects sales of 40 million euros, which represents an increase of 74% compared to the previous year. It also plans to expand its presence by 25% (from 80 to 100 campsites). 5,000 stores in the 4 countries where it is present. Kampaoh is also looking to strengthen its international presence in more exotic destinations such as the Philippines and the Dominican Republic.

“At Kampaoh, we are proud of our success because we understand that for our customers, luxury means sharing unforgettable experiences with our loved ones while respecting the environment. Our goal is to continue to innovate to meet the increasingly demanding needs of our customers and ensure the best possible vacation without the hassle.”says Salvador Lora, President and Founder of Kampaoh.

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