Pragma combines two core skills - a detailed knowledge of travel retailing, and an understanding of the needs of investors - to offer commercial due diligence advice across all areas of the travel sector.

Retailing in travel locations is different. The challenges to creating a successful and profitable model are not always the same as those faced in the high street or downtown. Pragma intimately understands travel retail environments and the key factors for success. We have undertaken commercial due diligence projects on both major travel infrastructure and specific retailer investment opportunities.

Whatever the travel arena - airports or train stations, motorway service stations or cruise ships - Pragma can advise investors of the opportunities and potential areas of risk. We have undertaken commercial due diligence on investments such as London Gatwick Airport, Belfast City Airport, World Duty Free, Bulgarian Airports, Muscat International Airport and other major travel retail companies.

We offer the following commercial due diligence services:

• Commercial and Market Review
• Business Plan Validation
• Customer Behaviour and Segmentation
• Financial Opportunity Identification and Modelling
• Organisational Review