The Barcelona-based OTA said in a statement that it was “assessing and evaluating various strategic options for the company, including a potential M&A transaction involving the company’s shares”.

The company, which owns brands such as eDreams, Go Voyages, Opodo, and Travellink, said that this review had been “prompted by unsolicited indications of interest from potential investors”.

eDreams Odigeo has appointed investment bank Morgan Stanley as its advisor for the strategic review.

“The review process remains at an early stage and there is therefore no certainty on the level of interest of potential investors or if any potential formal proposal will be satisfactory to the company and its shareholders,” said the OTA in a statement.

The company has also upgraded its profit forecasts for both 2018 and 2020 due to “operational execution and leveraging scale, and more favourable terms in a number of contracts with the company’s suppliers”.