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Serge Faguet

Russia: Is It the Last Travel Gold Rush?

2011-11-21 by Phil Butler

Russia travel

Russia. The one country so many misunderstand, and the one market with room for a gold rush in profits is still possible. Outside Latin America, the Russian Federation holds more potential than any other market on Earth. This begs the question; “why has Russia not been properly engaged then?” The answer is, in all probability, misunderstanding.

Tags: Ostrovok, Putin, Russia tourism, Russia travel, Russian Federation tourism, Serge Faguet, travel to Russia, USA travel

Ostrovok Launches Russia’s “Sure Thing” Travel Site

2011-07-14 by Phil Butler

Ostrovok

The need for Russia to enter the digital age where online travel visibility is concerned may have just been met. In news from Moscow, entrepreneurs there have just raised another round of $13.6 million for Ostrovok, Russia’s answer to Expedia. The new travel portal may have Russian travel sewn up, but what about travel TO Russia?

Tags: Accel Partners, Expedia, Founders Fund, General Catalyst Partners, Kirill Makharinsky, Sequoia Capital, Serge Faguet

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Featured Stories

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Stories of Interest

Alikarnassos Bridge damage

Heraklion’s Alikarnassos Bridge Repairs on Pause. Again.

2025-11-12 By Kostas Raptis

Heraklion’s Alikarnassos bridge remains in limbo as the €10 million project awaits a green light from the bureaucracy.

Koomara berries

A Stop for a Few Wild Koomara Berries

2025-11-12 By Mihaela Lica Butler

Found across Crete’s hillsides, the evergreen Koomaria tree bursts with red fruit and white blossoms each autumn, offering beauty, flavor, and surprising health benefits.

Emerald Azzurra

Chania Welcomes 400,000 Cruise Passengers — and Counting

2025-11-12 By Manuel Santos

Nearly 400,000 cruise visitors reached Chania this year, but with port upgrades still pending, Souda’s infrastructure is sailing close to overload.

Cretan Umbrellas

The Secret Life of Cretan Umbrellas

2025-11-12 By Mihaela Lica Butler

In Crete, umbrellas have a life of their own. They vanish, wander, and return only when the sun is out. Here’s what really happens to them.

Cretan mountain tea Malotira AI illustration

Why Cretan Mountain Tea Feels Like Home

2025-11-11 By Mihaela Lica Butler

Cretan Mountain Tea, or Malotira, is a herbal treasure brewed for centuries in Crete’s highlands.

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