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Venere.com

From Wikipedia, the free encyclopedia
Venere.com
Industry Travel , Hotel
Founded 1995 ; 29 years ago  ( 1995 )
Founder Matteo Fago
Marco Bellacci
Renata Sarno
Gianandrea Strekelj
Defunct December 1, 2016 ; 7 years ago  ( 2016-12-01 )
(redirected to Hotels.com )
Headquarters ,
Key people
Johan Svanstrom ( President )
Number of employees
150
Parent Expedia Group
Website 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 was acquired by Expedia Group . [2] The president of the company was Johan Svanstrom. [3] The company offered scholarships for Business & Management and Tourism students in Europe [4] and Australia . [5]

History [ edit ]

In 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 acquired a 60% stake in Venere Net. Expedia Inc. acquired 100% of Venere.com in 2008. [7] In 2008, Venere.com acquired the Italian online hotel booking agency Worldby.com. [8]

On December 1, 2016, Venere.com was redirected to Hotels.com (another brand owned by Expedia). The Venere.com app became non-operational after this date, with users advised to download the existing Hotels.com app and register an account there instead. [9]

References [ edit ]

  1. ^ "Venere.com" . Bloomberg L.P.
  2. ^ "Expedia, Inc. Enters Into Agreement to Acquire Europe-Based Venere.com" (Press release). Expedia Group . July 15, 2008.
  3. ^ "Leadership" . ExpediaInc.
  4. ^ "Venere Scholarship" . European Funding Guide.
  5. ^ "Venere Business & Tourism Scholarship" . Study Perth.
  6. ^ "About" . Venere. Archived from the original on 2005-05-27.
  7. ^ "Expedia acquires Venere but what does it mean?" . Hotelblogs. Archived from the original on 22 July 2008 . Retrieved 17 July 2008 .
  8. ^ "Venere.com acquires Worldby.com | Travel Industry News & Conferences - EyeforTravel" . www.eyefortravel.com . 2008-02-05 . Retrieved 2019-11-21 .
  9. ^ May, Kevin (January 9, 2017). "Ciao Venere - Expedia Closes Headwind-Facing Hotel Booking Site" . Phocuswire .