Pangea to present its plan for 90 stores by 2029 at FIS

Pangea The Travel Store aims to reach 90 outlets in Spain by 2029 and will present its franchise model at the next Franchise Innovation Summit (FIS) in Madrid. The company, which currently has more than 25 outlets, will put its Pangea Premium Partners offering at the heart of its next meeting with the franchising community.

A target of 90 outlets in Spain

Pangea’s expansion plan includes both domestic and international ambitions, although its stated target of 90 outlets by 2029 applies to Spain. According to information published by Europa Press on 15 September, the travel agency already has a network of more than 25 outlets.

The 2029 figure is a business target, not a schedule of confirmed openings. The available information does not specify how many of these future outlets will be company-owned and how many will operate as franchises. The announcement should therefore be understood as a target for the Spanish network as a whole, rather than an indication that all future additions will use the Premium Partners format.

For the franchising community, the specific development is the presentation of this model to FIS attendees. The company has chosen the event to introduce an offering that will support its next phase of growth.

From €9 million in turnover to more than €102 million

Pangea comes to the event having increased its turnover more than tenfold over the past decade. The company went from turnover of €9 million in 2016 to more than €102 million in 2025, according to figures reported by Europa Press.

For 2026, the company forecasts sales of €140 million. It is important to distinguish this forecast from the previous year’s figure: the sum of more than €102 million is reported as turnover for 2025, while €140 million is an expectation for the current year.

These figures describe the company’s commercial performance and ambitions. They do not represent the turnover of an individual store, nor do they, on their own, indicate the revenue a new franchisee might generate. The information provided does not include a breakdown of sales by outlet or operating model.

This difference in scale matters when assessing the offering: the brand’s growth provides context, but anyone considering joining the network needs to examine the financial terms and projections for the specific outlet.

Premium Partners: investment from €100,000

The Pangea Premium Partners model requires an initial investment starting at €100,000. According to the company’s description, its commercial focus is on products with high added value.

Pangea estimates that the initial investment can be recovered within one year. It also projects a sixfold increase in the capital invested over four financial years. Both figures are company estimates and should not be interpreted as guaranteed outcomes for every outlet.

The published information does not detail the assumptions behind these projections or provide a breakdown of the initial investment. Nor does it specify which expenses, financing requirements or operating conditions were taken into account when calculating the stated return.

For anyone considering the offering, the phrase ‘starting at’ deserves particular attention: it identifies an entry point, not necessarily the total outlay for each project. Before making a decision, prospective franchisees should request a full budget and scrutinise the revenue, cost and cash-flow scenarios underpinning the forecasts.

FIS: the next opportunity to explore the offering

Franchise Innovation Summit will take place on 30 September and 1 October at Madrid’s Riyadh Air Metropolitano stadium. BBVA will be the event’s main sponsor, according to information published by Emprendedores.

Pangea will use the event to present Premium Partners. Its participation gives interested parties an opportunity to learn more about the format and ask questions about the investment, how the franchise relationship works and the assumptions behind the financial plan.

Practical takeaway: the target of 90 stores puts Pangea’s ambitions into perspective, but any decision to join its network should be based on the documented terms of the individual project. Return projections are a starting point for questions and scrutiny, not a guarantee of profitability.