Eurotravel
Eurotravel (SIA Eurotravel) is a Riga-based online travel agency operating since 1997 under the avio.lv brand, serving leisure and group travelers in Latvia and Lithuania with flight bookings across 750 airlines plus ancillary travel services.
- Company typePrivate
- Founded1997
- HeadquartersRiga, Latvia
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Eurotravel does
Eurotravel (SIA Eurotravel) is a Riga-based online travel agency founded in 1997 and operating under the consumer brand avio.lv. The company serves individual leisure travelers and group clients in Latvia and Lithuania, providing flight search and booking services across 750 airlines worldwide along with ancillary products such as hotels, airport transfers, car rental, vacation apartment rentals, travel insurance, visa processing, charter holiday packages, and rail and bus tickets. Distribution is delivered through the avio.lv website, phone, email, and a physical service office in Riga, with the platform offered in Latvian, Russian, and English.
The core product is an IATA-affiliated reservation system that integrates real-time inventory from 750 airlines, including authorized reseller relationships with Ryanair, Wizz Air, and airBaltic. A distinguishing feature is the Low Price Calendar, an interactive tool that surfaces the cheapest fares by date across all airlines and destinations from any origin. The technology stack combines this reservation system with multi-bank payment processing (Swedbank, SEB, Nordea, Citadele BankLink integrations), Visa and MasterCard rails with SSL and PCI DSS compliance, and Google Analytics for site optimization. Charter holiday products are sourced through partnerships with tour operators Teztour and Novatours.
The business model is transaction-based, with Eurotravel earning commissions on flight ticket sales (service fees embedded in ticket prices) and additional fees for ancillary services such as refunds (10-50 EUR per passenger), insurance (from 1.60 EUR per day), and group bookings. The company is privately held, has no parent organization or external funding rounds disclosed, and operates with approximately 57 employees from its headquarters in Riga.
Eurotravel firmographics
Firmographics- Name
- Eurotravel
- Legal name
- SIA Eurotravel
- Website
- https://avio.lv
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Eurotravel (SIA Eurotravel) is a Riga-based online travel agency operating since 1997 under the avio.lv brand, serving leisure and group travelers in Latvia and Lithuania with flight bookings across 750 airlines plus ancillary travel services.
- Ownership category
- akta.pro rank
Eurotravel industry classification
Industry- Product category
- Online Travel Agency
- NAICS
- Travel Agencies (561510)
- SIC
- Transportation Services (4700)
- akta.pro primary industry
- Air Travel Booking Platforms (Flights) (BPAMAIAB)
- akta.pro secondary industries
- Online/Hybrid Corporate Travel Agencies (Self-Booking + Support) (THAKACAB), Online Booking & Reservation Platforms (B2B/B2C) (THALAMAA)
Keywords
Where Eurotravel is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Offices2 records
Markets served
Eurotravel business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Flight Ticket Sales Commission: Eurotravel earns commissions on flight ticket sales through its IATA-affiliated booking system. The service fee for ticket issuance is included in the ticket price and is non-refundable upon ticket return.
- Additional Travel Services: Revenue generated from ancillary services including travel insurance, hotel bookings, transfers, visa processing, car rental, apartment rentals, and charter flights. Service fees apply for ticket changes, returns, and exchanges.
- Group Bookings: Specialized group reservation services for sports teams, musicians, business trips, and friend groups with dedicated support and group pricing options.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard flight search and booking |
| Unit Pricing | Pay-as-you-go | Travel Insurance |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels3 records
Eurotravel product offering
Product offeringCore offering
Eurotravel is a Riga-based travel agency that sells airline tickets and ancillary travel services directly to consumers and small groups through its online portal avio.lv, supplemented by phone, email, and a physical Riga office. Its portfolio includes scheduled and charter flight tickets, hotel reservations, car rentals, airport transfers, visa support, travel insurance, train and bus tickets, apartment rentals, and gift cards. The company also specializes in group reservations for sports clubs, music groups, and other organizations.
Product overview
Eurotravel operates Avio.lv, a travel booking platform primarily serving the Baltic region. The core product is the flight ticket booking platform enabling searches across 750+ airlines worldwide. The platform operates a modular add-on architecture where users can bundle additional services including travel insurance, visa processing, hotel bookings, airport transfers, car rentals, charter flights, and train/bus tickets. The platform supports departures from Riga, Vilnius, and Kaunas with destinations across Europe, Asia, North America, South America, and Africa. A low-price calendar tool helps users find optimal travel dates, while group reservation services cater to sports teams, musicians, and business travelers.
Differentiator
Problem solved
Functional benefit
Products and services
- Flight Ticket Booking (avio.lv)
Quantifiable outcome
- Serving customers since 1997 with operations in Latvia and Lithuania
Companies that use Eurotravel
Customer profileSegments2 records
Ideal customer profiles2 records
Eurotravel technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature3 records
Eurotravel partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, major, support and minor.
- IATA (International Air Transport Association)coreEurotravel is an IATA member, providing access to global airline reservation systems and industry-standard financial and safety compliance. This membership enables the company to offer flights from 750 airlines worldwide.
- RyanaircoreEurotravel sells Ryanair tickets as an authorized reseller, offering access to Ryanair's low-cost routes from Riga, Vilnius, and Kaunas to European destinations including Belgium, Germany, Ireland, Italy, Norway, and UK.
- Wizz AircoreEurotravel is an authorized Wizz Air ticket seller, offering low-cost flights from Baltic airports to various European destinations.
- airBalticcoreEurotravel sells airBaltic tickets including Premium class options, offering direct flights from Riga to 60+ destinations in Europe, Scandinavia, Russia, CIS, and Middle East.
- TeztourmajorEurotravel offers Teztour charter holidays including flights, hotels, and transfers to destinations in UAE, Austria, Andorra, Bulgaria, Greece, Egypt, Italy, Maldives, Spain, Thailand, Portugal, Cyprus, plus guided tours.
- NovatoursmajorEurotravel offers Novatours charter holiday packages with complete travel services including flights, accommodation, and airport transfers to popular resort destinations.
- SwedbanksupportPayment processing partner allowing customers to pay for airline tickets via Swedbank BankLink system and bank transfer to Swedbank account LV11HABA0551014561071.
- SEBsupportPayment processing partner enabling customers to pay via SEB BankLink system and bank transfer to SEB account LV76UNLA0050007017045.
- NordeaminorPayment partner via BankLink system for online ticket purchases.
- Citadele BankminorPayment partner via BankLink system for online ticket purchases.
- Google Analytics SolutionssupportThird-party web analytics service used to track user behavior, analyze website usage patterns, and improve website functionality. Data is collected anonymously.
Scale indicators3 records
Recent moves7 records
Expansion highlights4 records
Eurotravel competitors and assessment
Company assessmentBroad incumbents
- Google Flights: Meta-search and booking referral platform integrated with Google's ecosystem; a structural competitor to any regional flight booking platform including Avio.lv.
- Expedia: Global OTA with full-service flight, hotel, and package offerings; competes with Eurotravel on flight booking from Baltic origins to European and global destinations.
- Booking.com: Global OTA leader that also started as a small regional travel platform in Europe; competes with Eurotravel across flight, hotel, and ancillary booking in the Baltic markets.
- Trip.com: Major global OTA with European operations; overlaps with Eurotravel on flight booking, hotels, and package tours for leisure travelers.
Regional players
- Novatours: Latvia-based tour operator with charter holiday packages; Eurotravel is a distribution partner but Novatours also sells directly, making it a partial overlap competitor.
- Teztour: Baltic-focused charter tour operator partnered with Eurotravel; offers overlapping package holiday (flight + hotel + transfer) products in the same Baltic leisure segment.
Direct peers
- eDreams ODIGEO: European online travel agency with subscription-based model and broad flight/hotel inventory; comparable to Eurotravel as a European regional OTA serving leisure travelers.
- Skyscanner: Flight meta-search and booking platform with similar global airline aggregation; competes head-to-head with Eurotravel's 750-airline flight search and comparison offering.
- Kiwi.com: European-focused online travel agency with virtual interlining and aggressive low-cost flight positioning; directly comparable to Eurotravel's value proposition to Baltic leisure travelers.
- Momondo: Flight meta-search engine popular in Northern Europe including the Baltic region; competes with Eurotravel's low-price calendar and flight comparison features.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Eurotravel social profiles
Digital presenceEurotravel compliance and trust
Trust signalCompliance3 records
Eurotravel financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eurotravel leadership team
Management profileNumber of profiles
Eurotravel funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eurotravel M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eurotravel
What does Eurotravel do?
Eurotravel is a Riga-based travel agency that sells airline tickets and ancillary travel services directly to consumers and small groups through its online portal avio.lv, supplemented by phone, email, and a physical Riga office. Its portfolio includes scheduled and charter flight tickets, hotel reservations, car rentals, airport transfers, visa support, travel insurance, train and bus tickets, apartment rentals, and gift cards. The company also specializes in group reservations for sports clubs, music groups, and other organizations.
Is Eurotravel a public or private company?
Eurotravel is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Eurotravel founded?
Eurotravel was founded in 1997. It employs 51 to 100 people.
Where is Eurotravel based?
Eurotravel is headquartered in Riga, Latvia, in the Europe region.
How does Eurotravel make money?
Three revenue lines are on record. Flight Ticket Sales Commission is the primary driver. The others are additional Travel Services and group Bookings.
Who are Eurotravel's main competitors?
Broad incumbents on record are Google Flights, Expedia, Booking.com and Trip.com. Regional players are Novatours and Teztour. Direct peers are eDreams ODIGEO, Skyscanner, Kiwi.com and Momondo.
Does Eurotravel have an API?
No public API is recorded for Eurotravel.
What industry is Eurotravel in?
Eurotravel's product category is Online Travel Agency. Its primary akta.pro industry code is BPAMAIAB, Air Travel Booking Platforms (Flights), with a secondary code of THAKACAB, Online/Hybrid Corporate Travel Agencies (Self-Booking + Support). Its NAICS code is 561510 and its SIC code is 4700.