[{"@context":"http:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/wiki.edu.vn\/en\/wiki24\/hurb-wikipedia\/#BlogPosting","mainEntityOfPage":"https:\/\/wiki.edu.vn\/en\/wiki24\/hurb-wikipedia\/","headline":"Hurb – Wikipedia","name":"Hurb – Wikipedia","description":"before-content-x4 From Wikipedia, the free encyclopedia after-content-x4 Brazilian online travel agency Hurb (formerly Hotel Urbano) is the largest online travel","datePublished":"2018-01-06","dateModified":"2018-01-06","author":{"@type":"Person","@id":"https:\/\/wiki.edu.vn\/en\/wiki24\/author\/lordneo\/#Person","name":"lordneo","url":"https:\/\/wiki.edu.vn\/en\/wiki24\/author\/lordneo\/","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/c9645c498c9701c88b89b8537773dd7c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c9645c498c9701c88b89b8537773dd7c?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Enzyklop\u00e4die","logo":{"@type":"ImageObject","@id":"https:\/\/wiki.edu.vn\/wiki4\/wp-content\/uploads\/2023\/08\/download.jpg","url":"https:\/\/wiki.edu.vn\/wiki4\/wp-content\/uploads\/2023\/08\/download.jpg","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/en.wikipedia.org\/wiki\/Special:CentralAutoLogin\/start?type=1x1","url":"https:\/\/en.wikipedia.org\/wiki\/Special:CentralAutoLogin\/start?type=1x1","height":"1","width":"1"},"url":"https:\/\/wiki.edu.vn\/en\/wiki24\/hurb-wikipedia\/","wordCount":3927,"articleBody":" (adsbygoogle = window.adsbygoogle || []).push({});before-content-x4From Wikipedia, the free encyclopedia (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4Brazilian online travel agencyHurb (formerly Hotel Urbano) is the largest online travel agency based in Brazil.[1] Founded in January, 2011 by brothers Jos\u00e9 Eduardo and Jo\u00e3o Ricardo Mendes, Hurb was valued at R$ 2 billion or approximately US$560 million when Booking Holdings purchased a small percentage for US$60 million in 2016.[2][3][4] Its headquarters are in the city of Rio de Janeiro. , Porto and Montreal. (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4Table of ContentsHistory[edit]2014 to Present[edit]Hurb Co[edit]References[edit]History[edit]The company was initially founded as a collective buying website in 2011.[3] It was operated under this business model for only 5 months. Also in 2011, the two brothers repositioned the company in the market, and it then began operating as an online travel agency with focus on short-term off-season packages. In this new model, lodging rates are reduced in up to 40% compared to high-season rates.[2][3][5]In a few rounds of investment, American fund companies Insight Venture Partners and Tiger Global Management invested in the company. They are known to have invested in companies such as Facebook, Netflix and LinkedIn.[2][3][6] (adsbygoogle = window.adsbygoogle || []).push({});after-content-x4The company began marketing hotel accommodations and international travel packages. In 2013, it offered hotels and travel packages to 35,000 destinations in over 180 countries.[6]The company’s Facebook page is the most popular tourism page in the world (with 12 million fans) and is the 4th most popular page in Brazil.[6][7][8][9][10]2014 to Present[edit]By the end of 2014, the company had formed a partnership with Rock in Rio and became the only Brazilian company to market travel packages to the two festival editions in 2015.[11][12]In the beginning of 2015, the company formed a partnership with RentalCars.com that allowed it to market car reservation and rental services in over 26 thousand destinations in 180 countries.[7][13]The company implemented an Administrative Council in 2015, made up of independent members. These members are: Derek Zissman, former director of the KPMG group in the UK; Stelleo Tolda, executive vice-president and operations director at Mercado Livre; Leonardo Rocha, a business executive who has worked at Telef\u00f4nica, Ponto Frio and Camargo Corr\u00eaa. The Council also includes the participation of Jo\u00e3o Ricardo Mendes and Jos\u00e9 Eduardo Mendes, founders of the company, and Brad Twohig, managing partner, and Elodie Dupuy, vice-president of Insight Venture Partners, an investment fund company that has led three rounds of investments in the company.[14][15]Also in 2015, Booking Holdings invested US$60 million the company and gained a minority stake in the business.[16] This partnership aimed to expand the company’s operations, especially in Latin America, through the global network of more than 780 thousand lodging partners who benefit from Priceline.com.[17][18][19][20]However, in May 2017, Priceline declared that due to disappointing results, reduced forecasts.[citation needed]Hurb Co[edit]In 2014, the company launched a website for vacation room rentals in Brazil.[3]In 2015, the company made an investment contribution of R$5 million to improve the Voltem.com platform.[21][22] As of November 2017, the site does not exist anymore.References[edit]^ “Hotel Urbano prev\u00ea faturar R$ 100 milh\u00f5es com novo app” (in Portuguese). Exame. Retrieved October 13, 2015.^ a b c “O Hotel Urbano \u00e9 a Netshoes do turismo” (in Portuguese). Exame. Archived from the original on October 19, 2015. Retrieved October 13, 2015.^ a b c d e “Do zero ao bilh\u00e3o” (in Portuguese). Exame PME. Retrieved October 13, 2015.^ Revista Exame, Ed. Abril, “J\u00e1 vale 2 bilh\u00f5es de reais”, September 2, 2015, pp. 30. (in Portuguese)^ Revista Forbes, Ed. Forbes, “Prodigiosos”, February 1, 2014, pp. 52. (in Portuguese)^ a b c “Brazilian Vacation Bookings Goliath HotelUrbano Gets $20M Third Round Led By IVP”. Tech Crunch. Retrieved October 13, 2015.^ a b “Hotel Urbano firma parceria com RentalCars.com e Priceline para oferecer aluguel de carros em todo o mundo” (in Portuguese). Segs. Retrieved October 13, 2015.^ “Hotel Urbano promove concurso do maior grito de “F\u00c9\u00c9\u00c9\u00c9RIIIIAAAS” no Facebook” (in Portuguese). Portal da Propaganda. Retrieved October 13, 2015.^ “A ASCENS\u00c3O DO HOTEL URBANO NO MERCADO DE TURISMO ONLINE” (in Portuguese). \u00c9poca Neg\u00f3cios. Retrieved October 13, 2015.^ “As marcas brasileiras com mais f\u00e3s no Facebook em novembro” (in Portuguese). Exame. Retrieved October 13, 2015.^ “Hotel Urbano planeja crescer 58% em 2015” (in Portuguese). Brasil Economico. Archived from the original on December 8, 2015. Retrieved October 13, 2015.^ “Hotel Urbano ser\u00e1 ag\u00eancia de viagens oficial do Rock in Rio” (in Portuguese). UOL. Retrieved October 13, 2015.^ “Priceline’s Rentalcars.com Could Be the Next Big Thing”. Skift. Retrieved October 13, 2015.^ “Hotel Urbano cria Conselho de Administra\u00e7\u00e3o para abrir capital” (in Portuguese). G1. Retrieved October 13, 2015.^ “Hotel Urbano cria Conselho com vistas \u00e0 abertura de capital” (in Portuguese). Exame. Retrieved October 13, 2015.^ “Hotel Urbano recebe aporte de R$ 120 milh\u00f5es para expandir opera\u00e7\u00e3o” (in Portuguese). Pequenas Empresas Grandes Neg\u00f3cios. Retrieved October 13, 2015.^ “Grupo Priceline investe US$ 60 mi no Hotel Urbano” (in Portuguese). Exame. Retrieved October 13, 2015.^ “Priceline partners with Hotel Urbano, invests $60M”. Vator News. Retrieved October 13, 2015.^ “Priceline Pours $60 Million Into Brazil’s Hotel Urbano”. Tech Crunch. Retrieved October 13, 2015.^ “Hotel Urbano e Priceline anunciam parceria estrat\u00e9gica” (in Portuguese). E-commerce News. Retrieved October 13, 2015.^ “O Airbnb do Hotel Urbano” (in Portuguese). Exame. Retrieved October 13, 2015.^ “Hotel Urbano investe 5 milh\u00f5es de reais em site de aluguel por temporada” (in Portuguese). Info. Archived from the original on October 14, 2015. Retrieved October 13, 2015. 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