About Web Reservations International
Web Reservations International is a company based in Dublin (Ireland) founded in 1999 was acquired by Hellman & Friedman in November 2009.. Web Reservations International has completed 1 acquisition, including HostelBookers. Web Reservations International offers products and services including Hostel Booking and Hotel Booking.
- Headquarter Dublin, Ireland
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hostelworld Group Plc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Summit Partners
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Hellman & Friedman
(Nov 13, 2009)
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Products & Services of Web Reservations International
Web Reservations International offers a comprehensive portfolio of products and services, including Hostel Booking and Hotel Booking. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Bookings for hostels are facilitated through an online platform for global travelers
Bookings for hotels and bed and breakfasts are provided as part of accommodation services
Funding Insights of Web Reservations International
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2004 | Amount | Unspecified - Web Reservations International | Valuation | Summit Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Web Reservations International
Web Reservations International has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Summit Partners and Hellman & Friedman. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location | |
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Private equity firm focused on acquisitions
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Web Reservations International
Web Reservations International has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HostelBookers. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Budget accommodations and hostels are reserved via an online marketplace.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Web Reservations International
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Web Reservations International Comparisons
Competitors of Web Reservations International
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Web Reservations International
Frequently Asked Questions about Web Reservations International
When was Web Reservations International founded?
Web Reservations International was founded in 1999 and raised its 1st funding round 5 years after it was founded.
Where is Web Reservations International located?
Web Reservations International is headquartered in Dublin, Ireland.
What does Web Reservations International do?
Web Reservations International was founded in 1999 in Dublin, Ireland, and functions as an online portal within the travel and hospitality sector. Hostel options are browsed by users according to location, amenities, and other criteria. Reservations are processed via integrated payment systems on the site. Operations emphasize global hostel availability for budget travelers seeking short-term stays.
What products or services does Web Reservations International offer?
Web Reservations International offers Hostel Booking and Hotel Booking.
How many acquisitions has Web Reservations International made?
Web Reservations International has made 1 acquisition, including HostelBookers.
Who are Web Reservations International's investors?
Web Reservations International has 2 investors. Key investors include Summit Partners, and Hellman & Friedman.