What Eurasia Travel Network does

Eurasia Travel Network (ETN) is a privately held, Cyprus-domiciled business-to-business travel management company founded in 1985, operating from offices in Limassol, Greece (Athens), India (Mumbai), and the Philippines (Manila) with approximately 40 employees. The company specializes in marine and corporate travel, supporting over 20,000 seafarers and 700 vessels worldwide through dedicated crew-change logistics, 24/7 multilingual support, and travel coordination to remote and offshore locations. ETN also serves non-marine corporate clients, oil and gas operators, and mining companies, making it a niche-focused travel management provider rather than a broad-market competitor.

ETN's core technology is Trip Planner, a proprietary online booking tool developed in conjunction with MariApps (a technology division partner) and integrated with both Amadeus and Travelport global distribution systems, plus Best Buy Plus / Fare Optimizer for fare comparison. Trip Planner can operate standalone or be integrated with client HR, Crewing, and Accounting systems, and includes features such as CO2 emissions tracking for ESG reporting and real-time traveler alerts. Through a 2019 joint venture with BCD Travel (BCD Energy Resources and Marine), ETN also gains access to BCD's TripSource itinerary platform and DecisionSource analytics, extending its technology footprint within the marine and energy verticals.

The company's revenue model combines airline and hotel booking commissions, managed-service fees for full-service travel programs, and technology licensing/integration opportunities for Trip Planner deployments. Pricing is custom and quote-based, structured around multi-year enterprise contracts with no publicly disclosed tiers. Three IATA-approved offices (Cyprus, India, Philippines) provide regulatory standing and competitive global ticket pricing. The company is independently owned with no disclosed institutional investors, parent company, or stock listing, and is led by Managing Director Nikos Bolias with regional operations directors across EMEA and APAC.

Name

Eurasia Travel Network

Legal name

Eurasia Travel Network

Website

https://eurasiatravelnetwork.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

Eurasia Travel Network is a privately held B2B travel management company founded in 1985, specializing in marine crew-change logistics, corporate travel, and offshore energy/mining travel, serving 20,000+ seafarers and 700+ vessels via its proprietary Trip Planner platform across offices in Cyprus, Greece, India, and the Philippines.

Ownership category

akta.pro rank

Headquarters

HQ city

Limassol

HQ country

Cyprus

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Travel Agency Commissions: ETN earns commissions from airline bookings and hotel reservations. They partner with global hotel aggregators for competitive rates and have direct negotiation arrangements with hotels for clients with significant expenditure. They use Travelport and Amadeus GDS systems for booking transactions.
2. Corporate Travel Management Services: Full-service travel management for corporate clients including ship management companies, ship owners, offshore service providers, and various non-marine organizations. Revenue generated through service fees and transaction commissions.
3. Technology Platform Licensing: Trip Planner can be offered as standalone product or integrated with client's HR, Crewing and Accounting systems, providing technology licensing opportunities.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Eurasia Travel Network is a B2B global travel management company that delivers specialized travel services for marine, corporate, energy, and mining clients. It bundles these services with a proprietary online booking tool (Trip Planner) built on MariApps technology and connected to Travelport and Amadeus GDS systems. The company supports crew changes, vessel crew rotations, offshore and remote-location travel, and corporate business travel with 24/7 global support from offices in Cyprus, Greece, India, and the Philippines.

Product overview

Eurasia Travel Network (ETN) operates as a global travel management company offering a platform-plus-services model centered around Trip Planner, its proprietary Online Booking Tool (OBT). Trip Planner serves as the core technology product connecting to Travelport/Amadeus GDS systems and Best Buy Plus/Fare Optimizer for fare data, with capabilities for standalone use or integration with HR, Crewing, and Accounting systems. Around this platform, ETN delivers specialized service offerings across four sectors: Corporate Travel Management, Marine Travel Services (supporting 20,000+ seafarers and 700 vessels), Energy-Resources Travel Management, and Mining Travel Management. Supporting service components include air booking, hotel aggregation with negotiated rates, ground transportation, and travel tools for passport/visa/health information. The BCD ERM joint venture (formed 2019) provides additional digital marine solutions and analytics capabilities (DecisionSource®, TripSource®) that enhance ETN's marine travel offering.

Differentiator

Problem solved

Functional benefit

Brands

• Trip Planner: An online booking tool and travel management platform developed from ETN's experience in marine and corporate travel sectors. Provides automated planning, integrated booking, and travel expense analytics.

Products and services

• Trip Planner ETN's Online Booking Tool (OBT) for marine and corporate travel management, enabling independent booking and ticketing, agent-assisted requests, integrated reporting on travel expenses and destinations, CO2 emissions tracking, real-time travel alerts, and traveller tracking. It can be used standalone or integrated with HR, Crewing, and Accounting systems, and is built on Travelport and Amadeus GDS integrations plus Best Buy Plus / Fare Optimizer.
• Corporate Travel Management Services Full-service business travel management for corporate clients, including airfare optimization, hotel rate negotiation through global aggregators and direct negotiation programs, and customized ground transportation solutions. Designed for non-marine organizations seeking travel policy compliance, expense optimization, and duty of care.
• Marine Travel Services Specialized maritime travel solutions for ship management companies, ship owners, and offshore service providers, supporting crew changes, vessel crew rotations, and travel to remote or offshore locations with 24/7 multilingual support. ETN supports over 20,000 seafarers and 700 vessels worldwide through this service.
• Energy-Resources Travel Management Services Travel management for oil, gas, and offshore personnel, addressing challenges of extreme conditions with compliance-focused solutions for crew travel to remote locations. Focused on cost efficiency, resilience planning, and industry regulatory compliance.
• Mining Travel Management Services Travel logistics and crew rotation management for the mining and resources sector, focused on risk reduction, operational continuity, and cost savings for bulk crew movements to remote mining sites.
• Air Booking Services Expert airfare sourcing for ETN clients, using the firm's experience to find appropriate fares without hidden costs, covering long-haul flights to multi-large group trips. Leverages 18 major airline partnerships and Travelport and Amadeus GDS systems.
• Hotel Services Global hotel aggregation providing lowest available rates, with direct hotel negotiation programs for clients with significant accommodation expenditure to secure customized rates.
• Ground Transportation Services Customized ground transportation solutions through a global network of providers to meet client expectations for seamless end-to-end travel experiences.
• Travel Tools & Resources Passport, visa, and health requirement information tools plus IATA traveler resources and world tourism organization links for comprehensive travel preparation, supporting ETN's enterprise clients.

Quantifiable outcome

• Supports over 20,000 seafarers and 700 vessels worldwide
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and supporting.

• BCD Travel (BCD Energy Resources and Marine)coreStrategic or Co-development Partner · 1 January 2019Joint venture established in 2019 between ETN and BCD Travel to create a specialized global marine travel service provider. The JV combines ETN's marine travel expertise and Trip Planner technology with BCD's global corporate travel infrastructure. Services include comprehensive crew management applications, MariApps Trip Planner, BCD TripSource itinerary management, and BCD DecisionSource analytics. This partnership enhances ETN's expansion of its global Energy, Resources & Marine practice.
• TravelportcoreTechnology or IntegrationGlobal Distribution System (GDS) partner providing booking and reservation capabilities. Trip Planner is connected to Travelport to ensure access to competitive fares and comprehensive travel content.
• AmadeuscoreTechnology or IntegrationGlobal Distribution System (GDS) partner providing booking and reservation capabilities. Trip Planner is connected to Amadeus to ensure access to competitive fares and comprehensive travel content. Travel consultant positions require expertise in Amadeus GDS systems.
• MariAppscoreTechnology or IntegrationTechnology division providing Trip Planner - comprehensive crew management applications and digital marine solutions that make it easier and more efficient to manage seafarers' travel and logistic requirements. Trip Planner can be standalone or integrated with HR, Crewing and Accounting systems.
• Airline Partners (United, Emirates, Delta, American, Qatar, Turkish, Air India, Qantas, China Eastern, Thai, Singapore, British Airways, Middle East Airlines, Saudi Arabian, Lufthansa, Gulf Air, Aegean, Air France)supportingChannel Partner/ Reseller/ Distributor18 major airline partners providing global route coverage and competitive pricing for ETN's marine and corporate travel clients. Partners include major carriers across US, Middle East, Europe, Asia, and Australia.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• BCD Travel: Global corporate travel management company and ETN's joint venture partner through BCD Energy Resources and Marine. Overlaps directly with ETN in marine, energy, and corporate travel management, and serves as both a partner and the most strategically relevant incumbent peer.
• CWT (Carlson Wagonlit Travel): Large global TMC serving enterprise clients across multiple verticals including energy, resources, and marine. Comparable to ETN in serving multinational corporations with managed travel programs and 24/7 traveler support.
• FCM Travel (Flight Centre Travel Group): Global corporate travel management company with strong presence in resources, energy, and mining sectors. Directly comparable to ETN in serving enterprise clients with specialist vertical expertise and 24/7 support.
• American Express Global Business Travel (Amex GBT): One of the largest global TMCs serving enterprise clients including those in energy, resources, and maritime sectors. Comparable as a direct competitor for large multinational travel management contracts and as a provider of OBT technology.

Direct peers

• Direct Travel: Mid-size US-headquartered TMC serving enterprise and corporate clients with managed travel programs. Comparable to ETN in targeting specialized industries with tailored corporate travel solutions.
• RADIUS Travel: Global travel management company network serving mid-market and enterprise corporate clients. Comparable to ETN in offering managed travel services with international footprint and corporate booking technology.
• Corporate Travel Management (CTM): Mid-to-large TMC serving enterprise and corporate clients globally with sector specializations including resources and energy. Highly comparable business model to ETN, targeting enterprise accounts with managed services and proprietary technology.
• Marmedsa (Maritime Travel & Services): Maritime-specific travel management company serving seafarers, ship owners, and offshore operators. Direct vertical peer to ETN's marine practice, with similar focus on crew changes and seafarer transportation logistics.
• Travel and Transport (TAG): Corporate travel management company serving mid-to-large enterprise clients. Similar in scale and structure to ETN, offering managed services and proprietary booking technology for corporate accounts.

Emerging players

• SAP Concur: Leading enterprise travel and expense management technology platform, including an OBT competing with ETN's Trip Planner. Comparable as a technology layer that large enterprises may prefer to consolidate travel spend on, potentially displacing or integrating with TMCs like ETN.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Customer concentration

• LinkedInlinkedin.com/company/eurasia-travel

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eurasia Travel Network