This design is simple, modern and clean. It uses the rainbow colors within the icon to create a loose circular shaped portal element which originates from the dot and circles the com. The reason for the irregular looseness to the circle is that it's about being free and experiencing a fun and relaxing vacation. The light grey color used on the main text is soothing and calming again adding the the relaxing element to the holidays. Also, the font text has been customized exclusively for this logo to add a uniqueness to the final brand.
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