segunda-feira, 1 de junho de 2015

Tiger-Backed Hotel Urbano Sees Startup Turning Profitable in ’15

Hotel Urbano, the online travel agency that was the top recipient of venture capital funding in Brazil last year, is on the cusp of generating its first profit, one of its founders said.

The company expects to generate earnings before interest, taxes, depreciation and amortization in 2015, founder Jose Eduardo Mendes said in an interview at the company’s Rio de Janeiro offices last week. He declined to provide absolute forecasts, citing confidentiality agreements with investors.

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