The leading hotel booking website in Russia, Oktogo.ru has partnered with TripAdvisor, the world’s largest travel site. The users of Oktogo.ru will see TripAdvisor‘s hotel reviews. TripAdvisor will get access to Oktogo.ru‘s extensive database of the Russian hotels and reviews.
Launched in 2010, Oktogo.ru raised $5 million from Mangrove Capital and Ventech in April 2011. St. Petersburg-based Oktogo.ru is expected to generate hotel booking revenues of more than $10 million in 2011. Oktogo.ru plans to increase a number of Russian hotels in its database from 2,000 to 5,000 hotels over the next year. In addition, Oktogo.ru offers Russian travelers to book one out of 100,000 hotels worldwide in more than 80 countries. It also offers route planners, visa support services and different payment options.
Oktogo.ru is the first Russian travel site to partner with Expedia-owned TripAdvisor for the Russian hotel booking and travel market.
In June 2011, Oktogo.ru integrated Russia’s largest online mapping service, Yandex.Maps into its online hotel booking service.