budgetplaces
tierabella invest s. l (t / a budgetplaces. com) - bdo
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accommodation service budgetplaces has ended almost 14 years as an independent company and sold to travel group edreams odigeo .
budgetplaces has around 7, 500, directly - contracted properties on its books from 1, 000 destinations around the globe .
at the time of palamon investment, the flagship budgetplaces brand had offices also in new york and dublin, with 85 staff .
budgetplaces claims to be processing 50, 000 room nights each month on the back of 210, 000 online reservations per year .
in case of any further questions concerning our bookings system, please don’t hesitate to contact us at communications @ budgetplaces. com. thank you !
palamon capital partners (“pcp”) acquired a majority stake in engrande s. l. in july 2011, which further accelerated budgetplaces’ international expansion .
i applied through a recruiter. the process took 3 days. i interviewed at budgetplaces (city of london, england (uk) ) in may 2012 .
at budgetplaces. com, we offer central budget accommodation in over 80 destinations worldwide and are constantly trying to improve our services and provide a maximum of transparency to our clients .
bdo ran an efficient and rapid sales process for palamon capital partners to the key trade consolidators in our sector. their approach was highly collaborative, working closely with the budgetplaces management team to deliver value in an exit to odigeo (edreams). they were a pleasure to work with from start to finish .
christoph dieterle, ceo, budgetplaces .
one of the largest online travel investments of the year in europe, after the opodo deal, has closed with palamon capital partners taking a majority stake in engrande, owner of budgetplaces .
barcelona, january 17, 2017 – edreams odigeo announces today it has acquired the barcelona - based business budgetplaces. com, a hotel booking site that provides customers with access to accommodation around the world .
as solvent sale of budgetplaces was completed to travel group edreams - odigeo. bdo was able to deliver a strategic premium for this asset for value significantly in excess of earning based valuations based on recent trading under - performance .
the company has since grown to include around 7, 000 hotels around europe and has a network of 30 city websites such as london30 and amsterdam30. the flagship brand is the budgetplaces site and the company has offices in barcelona, new york and dublin, with 85 staff .
mid - market private equity firm palamon capital partners has acquired a majority stake in engrande, a leading european on - line booking business focused on the budget accommodation sector. the terms of the transaction were not disclosed, however, palamon will hold a majority stake in the business .
palamon capital partners, one of europe’s leading mid - market private equity firms, has acquired a majority stake in engrande, a leading european on - line booking business focused on the budget accommodation sector. the terms of the transaction were not disclosed, however, palamon will hold a majority stake in the business .
palamon’s investment in engrande is based on the strong growth dynamics of the on - line travel agent market. the european hotel sector generates sales of €85 billion per annum of which on - line bookings currently account for around €14 billion but are growing at more than 14% per annum. the european budget accommodation sector itself is currently worth approximately €15 billion per annum and is rapidly growing due in part to the expansion of low cost carriers. the fragmented nature of accommodation suppliers and their low penetration on - line presents engrande with a strong opportunity to accelerate the growth of its network of providers and become the leading player in the budget market .
commenting on the transaction, founder and ceo of engrande john erceg said: “we are delighted to partner with such an experienced growth investor as palamon. their understanding of the on - line retail space and analysis of our business convinced us that they could provide the strongest strategic support to help us achieve our ambitious growth plans. a key part of the growth plan is a shared commitment to delivering the best choice of cheap, central, clean and safe accommodation to our customers. engrande is passionate about helping its online customers save money on their travel accommodation and helping hoteliers fill their rooms profitably. ”
fabio massimo giuseppetti, partner at palamon capital partners commented: “we are excited about partnering with john and his management team through our investment in engrande. the conclusion of this transaction is the culmination of an extensive amount of research into the on - line travel agent sector. the internet has yet to transform the budget accommodation sector in europe as the low cost supplier base is still highly fragmented and many owner operated establishments have yet to embrace the on - line world. ”
jaime - enrique hugas, principal at palamon capital partners commented: “engrande is a strong platform from which to build a niche market leader. the company addresses a fundamental market need by offering today’s cost conscious consumer its network of over 7, 000 cheap, central and clean establishments in europe and in selected cities globally. engrande’s has a truly differentiated offering in the budget accommodation market. we look forward to working with john and his team. ”
palamon has a strong track record in partnering founder - led businesses and providing strategic and financial support through periods of accelerated growth. in 2007 the firm invested in european on - line fashion retailer, dress - for - less, and during its ownership grew revenue and profitability by more than 35% per year. the business was sold in march 2011 to privalia, headquartered in barcelona. in december 2010 palamon sold its majority stake in loyalty partner, europe’s largest loyalty programme, to american express in a transaction valued at more than €500 million. the founder - led company, which was acquired by the firm in 2005 more than doubled revenue and profitability during palamon’s ownership .
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london is quite simply the place to be; the uk capital is one of the coolest, most dynamic and cosmopolitan cities on the planet with a virtually endless array of attractions for all tastes and ages. as the saying goes: “when a man is tired of london, he is tired of life. ” highlights: watch the changing of the guard at buckingham palace, see ancient treasures from around the globe in the british museum, shop until you drop on oxford street and take in the view from way up high on the london eye. in the evening check out the city’s famous nightlife in trendy soho and camden or catch a west end show before heading back to one of our hotels in london. food & drink: the infamous fish and chips are a must while in london, and there' s nothing better than tucking into a steaming shepherd' s pie on a rainy london day. savour the city' s international flavours by going in for dumplings in chinatown or trying out a creamy curry at one of london' s many traditional indian restaurants. off the beaten track: travelling with kids? take them to the hackney city farm just above shoreditch where they can pet the animals and you can partake in a farm - fresh brunch. for an alternative bird' s - eye view to the london eye, try the emirates air line cable car across the thames from the royal docks to the o2 arena. are you packing your bags yet? reserve one of our hotels in london and you' ll be on your way !
tomo 3205, página b - 201379, folio 62, inscripción 1, dated 5 / 11 / 1999 and with c. i. f. b - 62064845 (engrande s. l. )
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founded in barcelona in 2003, urltoken provides centrally located accommodation to travelers around the world. it records over 210, 000 online reservations per year and processes 50, 000 room nights every month. the company works with 7, 500 directly contracted hotels, hostels, bed & breakfasts and apartments worldwide .
the acquisition will give edreams odigeo and its travel brands access to innovative technology and will improve product diversification, in line with the company’s business strategy. the acquisition follows the disposal of edreams odigeo’s corporate travel business earlier in germany, sweden, finland, norway, and denmark. as a result of this, the acquisition will not have an impact on estimated fiscal year 2016 - 17 capital expenditures .
edreams odigeo is one of the world’s largest online travel companies and one of the largest european e - commerce businesses. under its four leading online travel agency brands – edreams, go voyages, opodo, travellink, and the metasearch engine liligo – it offers the best deals in regular and charter flights, low - cost airlines, hotels, cruises, car rental, dynamic packages, holiday packages and travel insurance to make travel easier, more accessible, and better value for the more than 17 million customersitserves worldwide. with a presence in 44 markets, edreams odigeo is listed in the spanish stock market .
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i applied through a job' s site, and a recruiter contacted me. he talked with me and he sent me a codility test. finished the test and, some days later, they told me that i didn' t get to top score. they were searching for people with 100% or very near. everything was fast and clean, don' t mess you with long waiting times .
codility test, with some algorithms, from easy to medium difficulties. answer question
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it seems to good to be true. has anyone booked from them or know that it is legit ?
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sounds like it is not worth the exercise... .... or at least the methodology should make one gunshie .
we do absolutely not apply the practices mentioned: on our website, we do show' from' prices, it is up to our hoteliers to ask for higher prices, especially during high season .
by choosing e. g. gbp on the upper part of our website, all prices will be shown in gbp, with the local currency shown in brackets .
urltoken says it will refund my 15 euros if i improve or delete my ratings, so i deleted my previous posting and am making an amended posting. i think they should make clear immediately that the price has gone up and that the payment will be in the local currency. urltoken shows when there has been a change in the hotel rooms immediately, so it is possible to do that. i shouldn' t have to make all these complaints to get my 15 euros back .
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urltoken
london - based palamon has not disclosed exact terms or the value of the deal, but it is said to be in the region of euro 30 million .
engrande was established in 2003 by founder and ceo john erceg, initially as a budget accommodation booking service for the city of barcelona .
news of the investment comes the same day as accommodation site easytobook sold to bcd holdings for an undisclosed fee. other major eurupean deals this year include amadeus selling opodo for euro 450 million to axa and permira .
other palamon investments include broadcast technology supplier omnibus systems and the star parks theme park group .
kevin may was a co - founder and member of the editorial team from september 2009 to june 2017 .
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edreams odigeo says the deal will not any impact on 2016 - 2017 capital expenditures as it follows the sale of part of its corporate travel division, travellink, to flight centre travel group in september last year, also for an undisclosed fee .
the company was created under the engrande umbrella in 2003 in barcelona, part of a portfolio of websites that included dozens of destination - specific brands for hotels in a specific area .
palamon capital partners took a majority stake in engrande in april 2011, in a deal that was said to be in the region of €30 million .
“the acquisition will give edreams odigeo and its travel brands access to innovative technology and will improve product diversification, in line with the company’s business strategy. ”
other brands in the edreams odigeo stable include online travel agencies, edreams, opodo and go voyages, as well as metasearch site liligo and the remaining elements of the travellink corporate travel service .
statement of affairs with form 4. 19 - link opens in a new window - 6 pages
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over 130 staff of more than 30 different nationalities were employed at the company’s headquarters in barcelona and its branch offices in new york city, london and berlin .
following structural changes in the online travel sector the investment was underperforming against expectations and an exit was sought by pcp .
bdo was engaged to run a targeted sale to trade consolidators, being international trade in the online leisure sector .
you are self - motivated, hardworking individual able to identify opportunities, create a strategic plan, prioritize in conflicting priorities, and close new business sales .
you work well on your own but are just as comfortable working closely with other team members or departments .
you enjoy problem solving and be unafraid of technical solutions to ensure success of campaigns to exceed goals .
you thrive to build healthy working relationships with partners and you have experience in account management and / or sales experience of online products, ideally in hospitality industry .
you have a strategic approach to decision making and back decisions with data analysis and a clear understanding of products, market, and industry trends .
you are driven to produce outstanding results both professionally and personally and you have a history of exceeding your goals .
you are a good communicator through expression of facts and ideas in a clear, convincing and organized manner .
you are tech savvy, proficient with crm tools and expert in ms tools .
develop and execute marketplace initiatives with a strong eye on maximizing margin opportunity, obtaining inventory and driving long term relationships with our supply partners .
benefits for all our employees: flexible pay, private medical insurance at special rate, free coffee / tea .
an excellently home like, vacation like experience with refreshingly humble, kind, politely respectful and wonderful service from humaun. paulo ,
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prices are provided by our partners, and reflect average nightly room rates, including taxes and fees that are fixed, known to our partners, and due at time of booking. other miscellaneous taxes and hotel fees which are not fixed or due at time of booking may be payable at the property at time of stay. please see our partners for more details .
we went during the weekend and had a great time. we were in 6 in the same family. me, husband, 2 kids and 2 step children. the room was cool, modern, very functional and great size. shower room was independent and close, as the toilet. very good for 6 people in a bedroom. hotel offers a free city tour by walk, we looove it. the guide, a irish guy, was excellent and very much informed. breakast at a very fair price (7 euros) and very nice, offered the basic but delicious. the only thing i didn' t like much is that i asked for one more pillow around 9pm and there wasn' t one .
dear leticia, we are glad that our team could provide you satisfaction during your stay in brussels. every reviews help us improving the place and the way guest feel here, it is even better when it is positive :) hope to see you next time in a meininger. brussels team
the price you found is 13% lower than this hotel' s average rate of us $ 101 / night .
we analyze rates over a 60 day period, and compare your selection to the average rate of comparable stays to ensure you' re getting the best possible deal .
the price you found is 11% lower than this hotel' s average rate of us $ 100 / night .
the price you found is 19% lower than this hotel' s average rate of us $ 124 / night .
the price you found is 30% lower than this hotel' s average rate of us $ 160 / night .
great value. stayed here for 3 nights in a 6 - bed dorm and it was an excellent experience. all my stays with the meininger group of hostels have been fantastic. rooms cleaned on time everyday, tidy, well equipped, good wifi and spacious. en suite showers were impressive with soap / shampoo provided. staff were friendly and we had a really casual, informal conversation even during check - in. there' s a nice bar there too. location was a quite a walk from the main square of brussels but closely situated to a metro station. for the price, i can' t ask for more .
dear guest, we are glad that our team could provide you satisfaction during your stay in brussels. every reviews help us improving the place and the way guest feel here, it is even better when it is fully positive :) hope to see you next time in a meininger. brussels team
a really nice hotel, young and efficient. essential in style, but well organized and furnished. a kitchen in inside and also a pub where, after a long day out, is nice to stay tasting a good beer (also having a baby to take care of). ; 0 )
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dear katy, we are glad that your stay here was mostly satisfying. every reviews help us improving the place and the way guest feel her. it is even better when it is positive :) hope to see you next time in a meininger. brussels team
my experience was hampered a bit by some inconsiderate roommates, which isn' t the fault of the hostel, but i found however that about half the staff was friendly, and the other half was inattentive and rude. i understand staff has to come in and at least make beds for incoming guests, but a staff member came in and did a very loud full clean of the room while several people were still trying to sleep, even though you have the option as guests to put a note on the door saying if you would like the room cleaned or not. they also have a staff member come in unannounced to make sure people have checked out, this person often just comes in, doesn' t say hello or anything, and leaves, so the first time this happened i was a bit confused. normally the front desk keeps track of this when they have guests return keys rather than barging into rooms? when i checked in, the woman i was speaking to was quite rude, and when she finally finished checking me in she didn' t say anything and i stood there thinking there was something else until she said' that' s all' and didn' t look up from her computer. not sure what other people are talking about when they say it' s the best location, i found it quite out of the way from the city center, and there aren' t really many convenient places nearby. the facilities themselves weren' t bad, but i wouldn' t come here again. side note: the breakfast is the most expensive breakfast i' ve ever had in a hostel, where i' ve had equal breakfasts in other hostels for free. i would recommend bringing some food with you or getting some from the grocery store .
dear guest, thank you for taking the time to share your feedback. it is too bad that your other roommates ruined your stay with us. i believe that since you were in a dorm room that constantly hosts different guests at different times, there is even more pressure for our cleaning staff to clean all the rooms in time for check in. unfortunetly, we wish keeping track of the room cards was enough to make sure our guests have checked out but there always those who disregard out check out time and or leave their key in the room and not check out with us. it sounds like these disruptions are not as smooth as it could have been, sometimes our staff enters a room not wanting to bother the possible sleeping guests so they say nothing. we are sorry that we didn' t check you out in the best manner and while our breakfast price is fairly high, it does correspond with the variety and current prices of food in brussels. we work hard to deliver an exceptional guest experience, and it' s apparent in this case that we fell short. if you give us a chance to earn back your trust, we can assure you that we will do our best to give you the great hotel experience that so many of our guests have grown so fond of. sincerely, your meininger brussels team
dear georgia, we are glad that your stay here was mostly satisfying. every reviews help us improving the place and the way guest feel her. it is even better when it is positive :) hope to see you next time in a meininger. brussels team
cannot rate this hostel high enough! price was good, wasnt expecting too much. i was blown away with how good. modern design, well set out, great equipment (hairdryers in bathrooms), fabulous kitchen, great staff... . made brussels great! stay here! !!
budgetplaces is an online travel agency ( ota ) which offers low-cost accommodation . as of april 2012 , budgetplaces was working with over 10,000 budget hotels , hostels , bed-and-breakfasts and apartments in more than 100 countries worldwide . 
budgetplaces is an online travel agency (ota) which offers low-cost accommodation. as of april 2012, budgetplaces was working with over 10,000 budget hotels, hostels, bed-and-breakfasts and apartments in more than 100 countries worldwide.
budgetplaces is an online travel agency (ota) which offers low-cost accommodation. as of april 2012, budgetplaces was working with over 10,000 budget hotels, hostels, bed-and-breakfasts and apartments in more than 100 countries worldwide.