eDreams ODIGEO a leading online travel company, today announces its intention to launch an Initial Public Offering (“IPO”) of its shares to institutional investors and to list on the Madrid, Barcelona, Bilbao and Valencia stock exchanges.
eDreams ODIGEO is a leading online travel company with a presence in 42 countries. It operates through five leading brands: eDreams, GO Voyages, Opodo, Travellink and Liligo. We make flight and non-flight products directly available to travellers principally through our online booking channels (desktop websites, mobile websites and mobile apps) and via our call centres, as well as indirectly through white label distribution partners and other travel agencies.
With more than 14 million customers served in the year ended March 31, 2013, we are a worldwide leader in delivering flight products, which is our principal business. We also provide our customers with non-flight products, such as hotel bookings, Dynamic Packages (bespoke packages consisting of a flight product and a hotel booking that travellers customize based on their individual specifications by combining select products from different travel suppliers through us), car rentals and vacation packages. Our business uses a state-of-the-art scalable technology platform to offer consumers tailor-made booking solutions at highly competitive rates.
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