Irish Travel Search company on way to $1 billion valuation
From the SB Post article
Web Reservations International, a Dublin internet company[owner of brands such as Hostelworld, Hostels.com, etc], plans to launch a travel search engine next January, pitting the firm against internet giants such as Google….. The company made a pre-tax profit of â‚¬12.5 million last year as turnover rose by 79 per cent to â‚¬28.5 million. He said that a valuation of $1 billion was â€˜â€˜not beyond the realms of possibilityâ€™â€™ for WRI.