Monday, July 04, 2005

Opodo Aggressive Growth Continues with Latest Acquisition

Internet Travel News - Opodo Continues Aggressive Growth Strategy with Latest Acquisition: "Opodo has strengthened its presence in the French marketplace with its latest acquisition of French Internet travel agency Vivacances.

Vivacances launched in 2002 and offers the full range of travel products including flights, hotels, car hire, trains and package holidays.

France is the second largest and one of the fastest growing European markets for online travel with Euro 7 billion gross sales forecast to be sold in 2005. The Opodo companies in France reflect this growth as they continue to go from strength to strength. In the first quarter of 2005, Opodo.fr experienced a 96% growth compared to Q1 2004, whilst Karavel increased by 75% year on year."

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