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Ostrovok raises $13.6M funding from US luminaries to launch Russian hotel site
Fledgling startup Ostrovok has captured the attention of some of the US’s biggest investors in travel to launch a Booking.com-style product in Russia. General Catalyst Partners (backer of ITA Software...
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Ostrovok wants to become the Booking.com for Russia
TLabs Showcase on travel startups featuring Russia-based hotel search and booking site Ostrovok. Who and what are you (including personnel and backgrounds)? Ostrovok was founded in late 2010 by Serge...
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How to build a great team for an online travel agency in an emerging market
NB: This is a guest article by Serge Faguet, co-founder of Ostrovok, a Russian-based hotel-focused online travel agency. Recruiting, motivating and retaining good people is the number one key success...
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Who wins in emerging online travel markets? Locals do
NB: This is a guest article by Serge Faguet, co-founder of Ostrovok, a Russian-based hotel-focused online travel agency. If we look at online travel around the globe, we can see that the four key...
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Ostrovok attracts online travel celebrities in latest investment round
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. Erik Blachford, the second CEO of...
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Russia open for online travel investment but do the numbers alone make it...
The Russian travel market was given two slots at yesterday’s PhoCusWright@ITB session mostly because of the huge growth figures the sector is experiencing. The figures, quoted by online hotel...
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What Else? Vayable grows, Lonely Planet offline, Emirates IFEs,...
What else is going on in the world of travel tech? A round-up of other stories from across the industry? Vayable is plotting happy days ahead with confirmation that it is rolling out its experiences...
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Online travel in Russia by numbers
NB: This is a guest article by Valentin Dombrovsky, CEO of Travelatus. I was inspired to write this article following an online travel panel at a recent conference in Moscow. After covering off the...
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From the Tnooz archive – Emerging markets (2012) and Groupon opportunities...
Rolling back the years… On 17 January 2012: Who wins in emerging online travel markets? Locals do If we look at online travel around the globe, we can see that the four key global emerging markets –...
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Ostrovok attracts $25 million from big name home and away funds
Moscow-based hotel site Ostrovok has struck its most significant funding deal to date with the $25m round led by General Catalyst Partners. Frontier Ventures, Accel Partners and Russian technology...
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The SCAN – Cabforce unveils API, Ostrovok launches last-minute booking and...
Travel tech news from Zomato, iXiGo, JourneyMart, Ostrovok, CabForce, Tripomatic, Impulse Flyer, Dimmi, Aeromobile, Austrian Tourist Office, VistaPrint, ArrivalGuides, SilverRail, BlaBlaCar, Burpple...
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Russian startup Travelmenu offloads technology but investor still claims success
What’s going on at Russia-based Travelmenu, a startup which specialises in online package holidays? The message on the website is that the server is unavailable and a note from the team on the...
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Ostrovok bids to break even, but a third of the team leave the company
Most companies keep quiet about having to slash the team to help reduce costs as Ostrovok founder and CEO Serge Faguet points out in this blog post. But the Russia-based online accommodation startup...
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Travelata to shift marketing up a gear with $5 million funding boost
Travelata, the online package tours startup has secured funding of US$5m from Poland-based equity firm MCI Management. Russia-based Travelata, which originally launched in November 2011 initially...
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