eTRAVELi expands into five new European markets
eTRAVELi is launching its services on five new European markets – France, Italy, Spain, the UK and Switzerland. The initiative is part of the company’s geographic expansion process and is being implemented through the established brand Gotogate.
eTRAVELi AB is the leading Nordic online travel agent (OTA), with a broad aircentric offering that also covers accommodation and other travel-related services. In April 2013, the company launched its offering in Russia – an initiative which, together with its previous establishment in Germany, has been highly successful.
- We are now stepping into some of the largest markets in Europe, in line with our pan-European expansion plan. Thanks to a competitive technological platform, a customized corporate structure and a solid knowledge in selling travel-related services online, we see excellent opportunities for geographic scalable growth ahead, comments Mathias Hedlund, CEO of eTRAVELi.
The gradual launch in France, Italy, Spain, the UK and Switzerland is being implemented through the company’s established brand Gotogate. The technical platform and support functions are shared and managed by the Group’s existing joint corporate functions, with scope to accommodate sustained growth and geographic expansion of the eTRAVELI offering.
eTRAVELi is one of the four largest providers of air tickets online in Europe today. The launch in five new markets is a step in the company’s ongoing European expansion process with the aim to shortly continue the expansion into additional European countries.
For more information, please contact:
Mathias Hedlund, CEO of eTRAVELi, Phone: +46 (0) 706 66 37 58,
e-mail: mathias.hedlund@etraveli.com
Marléne Wallberg Banffy, Chief Communications Officer of eTraveli, Phone: +46 (0) 733 12 80 90
e-mail: marlene.wallberg@etraveli.com
About eTRAVELi
eTRAVELi is the leading Nordic online travel agent (OTA) with a broad aircentric offering that also covers accommodation and other travel-related services. The company operates in twelve countries with brands such as Supersaver/Supersavertravel, Gotogate, Travelstart and the meta-search services Flygresor.se and Charter.se in Sweden. eTRAVELi is currently the fourth largest aircentric online travel agent in Europe, and in 2013 it intermediated air tickets and related services to an amount exceeding SEK 7 billion, with net sales of more than SEK 500 million. The company is headquartered in Uppsala, Sweden and is owned by private equity fund Segulah IV, LP and senior executives.
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