Turismocity

Turismocity

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Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth--6 %122 %30 %
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

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More about Turismocity
Made with AI
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Turismocity operates as a travel search engine, allowing users to browse and compare prices for hotels, flights, holiday packages, and rental cars. The platform utilizes artificial intelligence to aggregate and present the best travel deals to its users, primarily targeting the Latin American and Spanish-speaking markets.

The company's business model is centered around its marketplace for travel packages. This marketplace enables hundreds of travel agencies to publish their products, providing them with a new sales channel. Turismocity monetizes this by earning a commission on each sale made through its platform. This approach creates a competitive environment where travel agencies vie for customers, which can result in better prices for consumers.

In addition to its core travel search, Turismocity has been expanding its services and market reach. The company has made strategic acquisitions, such as the purchase of the Brazilian travel platform Quanto Custa Viajar, to solidify its presence in key Latin American markets. This indicates a growth strategy focused on both organic expansion and strategic acquisitions to increase market share and enhance its service offerings.

Keywords: travel search, price comparison, booking engine, flights, hotels, car rentals, vacation packages, Latin America, travel agencies, marketplace

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Investments by Turismocity

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FareCompare.com
ACQUISITION by Turismocity Dec 2020
Quanto Custa Viajar
ACQUISITION by Turismocity Sep 2021