Davis Polk advised Hotel Urbano in connection with its strategic partnership with The Priceline Group. The partnership consists of a $60 million minority investment by Priceline and a related commercial agreement.

Founded in early 2011 and headquartered in Rio de Janeiro, Brazil, Hotel Urbano has become one of Brazil’s largest and fastest growing online travel companies. The company has more than 8,000 direct Brazilian hotel partners on the platform and a large audience of Brazilian consumers. The Priceline Group is the world leader in online travel and related services, provided to customers and partners in over 200 countries through six primary brands – Booking.com, priceline.com, KAYAK, agoda.com, rentalcars.com, and OpenTable.

The Davis Polk corporate team included partners Manuel Garciadiaz and Michael Davis and associates Michael Crowley and Shaun Levor. Associates David R. Bauer and Kevin A. Bensley provided intellectual property advice and advised on the commercial agreement. Members of the Davis Polk team are based in the São Paulo and New York offices.

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