Excursiopedia acquires Travelatus for leadership on the market

Excursiopedia acquires Travelatus for leadership on the marketThe service on booking excursions “Excursiopedia” announced about acquisition of the site of event trips “Travelatus”. The amount of a deal and its details are not disclosed. According to the statement of the “Excursiopedia”, this purchase meets strategic targets of the company to become leaders on the market of local activities of any type – both loop tour, education in the surfing school or visit to the concert in a club or football match.

The expertize of the team “Travelatus”, collected during the service development, will allow the company to widen offered to clients entertainment assortment, which are available during travelling. The “Travelatus” in its turn accumulates offers from the “Excursiopedia” in order to give opportunity to travellers to acquire all required for travelling services in one window.

Besides, the “Excursiopedia” acquires qualifies workers, whose experience will help in the company’s development on the whole. Valentin Dombrovsky being the VPInnovations will contribute in company’s promotion on the international market and establish interaction with potential partners on European and American markets. Vitaly Korobkin and Denis Volkov will take positions of Chiefs for development teams and will be able to use their skills in order to increase efficiency in this direction.

“Our companies for a long time followed the actions of each other – it was clear that in many aspects we drive in one direction – offering the service for those who chooses “smart travel”, full of activities of different kind and the best impressions. We negotiated about the opportunity of using offers from the “Excursiopedia” at the site “Travelatus”, but it appeared that it would be more reasonable to unify our efforts in order to establish the company together, potential cost of which I estimate not less than $1B”, - stated Valentin Dombrovsky, founder of the Travelatus.

“Excursions market, active and educational trip is in the most beginning of its establishment in online. This market is huge not only from the point of view of its completeness – the product that we formulate as “the great impressions” is much more sophisticated that market of hotels or air tickets. But thanks to it is very interesting. We are happy to welcome the team “Travelatus” and are eager to significantly increase a spectrum and quality of offered activities and entertainments to travellers. Step by step we realize our strategy of one window in the world of great impressions in a trip or at home”, - said Kirill Semeryagin, CEO Excursiopedia.