What’s going on at Russia-based Travelmenu, a startup which specialises in online package holidays?
Travel tech news from Zomato, iXiGo, JourneyMart, Ostrovok, CabForce, Impulse Flyer, Dimmi, Aeromobile, Austrian Tourist Office, VistaPrint and Burpple.
Moscow-based hotel site Ostrovok has struck its most significant funding deal to date with the $25m round led by General Catalyst Partners
Vayable jumps to 200 destinations, Lonely Planet boosts offline apps, Emirates upgrades IFEs, HotelsCombined books with Ostrovok, Rocco opts for IDeaS… A round-up of other stories from across the industry.
The Russian travel market was given two slots at today’s Phocuswright@ITB session mostly because of the huge growth figures the sector is experiencing
More developments at Russian hotel booking service Ostrovok after wooing a former-Expedia CEO, and the founders of TripIt and Altimeter Capital as new investors.
If we look at online travel around the globe, we can see that the four key global emerging markets â€“ Brazil, Russia, India and China â€“ are showing substantially greater growth than the developed world.
Recruiting, motivating and retaining good people is the number one key success factor in building a technology company, particularly in the online travel industry.