Siberian startup launches auction-based hotel booking platform

A resident of the KRITBI innovation business incubator in Krasnoyarsk, in Siberia, has come up with a new IT project called “TourBazaar,” which enables users to book Russian hotels, tourist and recreation centers online.

TourBazaar’s developers have demonstrated a fairly unorthodox approach to organizing a service in this highly competitive market segment. For example, TourBazaar collects data on vacant rooms to form auction lots, which are actual tours to Russian hotels and other tourist sites. Each tour is available for a specific number of days. To buy a tour one is asked to participate in an auction with a starting price of a symbolic 1 ruble per lot.

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Topics: E-Commerce, Internet, Krasnoyarsk, News, Regions & cities, Startups
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