Translated Article pt 2
Spanish The listed Canadian wants to open the future platform to services other than its travel business. / L. I. The legendary investor of Indian origin Ram Bhavnani plunges into the business of travel, albeit indirectly. The Canadian group CUV Ventures to which it recently allied has chosen Spain to set up a platform comparable to Amazon or eBay with multiple features, although it will start with a 'prime' travel service that guarantees discounts of up to 50% on market offers. Its initial focus is, in practice, to evolve the core business of Vancouver listed group because it will make the leap from online agency for travel and specialized tourism in the Caribbean to open the catalog to everyone and stand up to companies such as Trivago or Booking worldwide. The subsidiary RevoluPay, based in Sant Cugat (Barcelona), will facilitate access to all kinds of tickets for travel -flights, cruises, etc-, hotels or rent vehicles in almost any corner of the world but with a unique proposal because it was born as a club of partners. The service will only be for members who are guaranteed discounts based on the rate they subscribe: between 5 and 14% for the 'Silver Club' on standard retail prices, up to 50% for members 'Gold' or wholesale price if access to the section 'Diamond' - their annual fee, which is the maximum, they have set at $ 249, regardless of whether it is used by a single client or their entire family. It was born with the aspiration of attracting one million users in two years, so it would bill 250 million in 2020 to convince them for the 'premium' service, as detailed in the information quoted to the Canadian regulator.