Quantcast
Digital Booking Sites

Brazilian Travel Startup Hotel Urbano Sees Huge Third Round of Financing

Excerpt from VentureBeat

Aug 09, 2013 1:12 am

Skift Take

Headquartered in a country with a booming economy and, in particular, a thriving tourism industry, this start-up is situated to make millions, possibly by selling to an established OTA in the near future.

— Eliza Ronalds-Hannon

Free Report: The Megatrends Defining Travel in 2015

Free Report: India Tourism Insights Report

Bruce Thomson  / Flickr

Sao Jose Beach in Bahia, Brazil. Bruce Thomson / Flickr


It’s a great time to be a Brazilian travel startup. The technology and tourism industries in Brazil are erupting at the same time and Hotel Urbano is at the epicenter of all the action.

The online travel agency announced that it has raised $20 million in its third round of financing from Insight Venture Partners. The company is growing fast and the capital will support its continued growth.

Hotel Urbano is a fairly straightforward site for making travel plans.

Read the Complete Story →

Tags: , ,

Next Up

More on Skift

Daily Travel Startup Watch: QueroPassagem, bigfly Travel Group and More
Gogobot Warns Travelers to Indiana About State’s New ‘Freedom’ Law
Labor Unions and U.S. Airlines Set Aside Differences to Attack Gulf Carriers
Will Rethinking Metasearch Increase Direct Bookings for Hotels?