Venere.com

Venere.com
Industry Travel, Hotel
Founded 1995
Founder Matteo Fago, Marco Bellacci, Renata Sarno, Gianandrea Strekelj
Headquarters Rome, Italy
Key people
Johan Svanstrom (President)
Number of employees
150
Parent Expedia, Inc.
Website us.venere.com
uk.venere.com

Venere.com was a website focusing on online hotel reservations. Its listing included various types of accommodation. Venere.com started in the year 1994 as Venere Net Srl an Online Travel Agency based in Rome, Italy.[1] In 2008 it became part of Expedia Inc.[2] President of the company is Johan Svanstrom.[3] The company offers scholarships for Business & Management and Tourism students in Europe[4] and Australia.[5]
The logo was inspired by the painting The Birth of Venus of Sandro Botticelli.

The Birth of Venus

History

1994 four partners launched Venere.com and developed the first beta version of the hotel booking engine. In February 1995 the first marketing activities were launched for hotels in Rome and Florence. The first reservation arrived in June 1995. In 2001 Venere.com became a Joint Stock Company (Venere Net SPA) and opened international offices in London (Venere UK LTD) and Paris (Venere France SARL).[6]

In 2007 the global private equity firm Advent International acquires a 60% stake in Venere Net.

Expedia Inc. acquired 100% of Venere.com in 2008.[7]

As of 1st December 2016 Venere.com became Hotels.com (an existing brand owned by Expedia) the Venere.com app is non operational after this date with users advised to download the hotels.com existing app instead.

Services

In 2001 Venere.com became a pioneer with the publication of hotel reviews. Property features can be rated independently by users who have actually stayed at the hotel in question. Hotel reviews are then published in specific consumer categories.

References

  1. "Venere.com". Bloomberg.
  2. "Expedia, Inc. Enters Into Agreement to Acquire Europe-Based Venere.com". ExpediaInc. Retrieved 15 July 2008.
  3. "Leadership". ExpediaInc.
  4. "Venere Scholarship". European Funding Guide.
  5. "Venere Business & Tourism Scholarship". Study Perth.
  6. "About". Venere.
  7. "Expedia acquires Venere but what does it mean?". Hotelblogs. Retrieved 17 July 2008.
This article is issued from Wikipedia - version of the 12/1/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.