TravelerVIP.com secures over $1m in one of region's largest seed funding rounds
- United Arab Emirates: Saturday, February 02 - 2013 at 11:50
- PRESS RELEASE
TravelerVIP.com is a unique curated hotel booking website that turns ordinary online reservations into a VIP experience for consumers in the region.
The website initially gained popularity for its private sales, offering members up to 50% discount on luxury hotels.
It has since expanded its model to include a collection of over 1,000 hand-picked hotels that are curated by its Arabic and English editors and come with free perks, like WIFI or complementary upgrades, and a strict lowest rate guarantee.
"We are excited to be backed by some of the top early-stage investors in the region to help us expand and improve our user experience. Since our launch last year we have listened to customer feedback as part of our ongoing brand evolution and this investment allows us to further expand offerings to benefit regional travelers," said Blagoja Hamamdziev, CEO, TravelerVIP.
Dany Farha, CEO of BECO Capital, who co-founded Bayt.com and was an early-stage investor in Gonabit.com, said, "We believe that TravelerVIP.com raises the bar for Middle East online travel. Their model has proven to be wildly successful in the US and Europe and fills a real gap in the Middle East market for travel enthusiasts who appreciate great value."
TravelerVIP is headquartered in Dubai and is one of the first members of the 'Majid Bin Mohammed Innovation Center in5' which is an incubator for promising companies in the UAE,
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.