Quotatrip CEO Achieves 120% Annual Growth Through Personalized Travel Technology

Quotatrip CEO Achieves 120% Annual Growth Through Personalized Travel Technology

Author: Mario Giovanni

Photo Courtesy of Victor Der Megreditchian

Victor Der Megreditchian, CEO of Quotatrip, has steered the company to remarkable success, achieving 120% year-over-year growth using personalized travel technology. The platform connects travelers with local agencies worldwide and has processed over 100,000 customized trips since its inception. This performance recently earned the company recognition for excellence in travel services.

Der Megreditchian’s journey with Quotatrip began after he sold his educational technology venture, MyStudies.com. Recognizing a similar opportunity in the travel industry, he acquired and restructured Quotatrip, with Petit Futé as a key shareholder. The company now focuses on connecting travelers with authentic local experiences across global destinations.

From Clicks to Trips: How Quotatrip Works

Quotatrip‘s core technology matches traveler preferences with specialized local agencies, reducing planning timelines. Users input travel parameters through a questionnaire, after which certified Destination Management Companies submit competing proposals. The platform evaluates pricing and experience relevance, ensuring travelers receive personalized options that meet their needs.

This technological framework supports Quotatrip’s primary offering: free, personalized trip comparisons from over 1,000 pre-vetted agencies across multiple countries and destinations. The model particularly appeals to travelers seeking authentic cultural immersion rather than standardized tourism packages.

The Travel Tech Jungle

Quotatrip has put itself between mass-market aggregators and luxury concierge services. The platform emphasizes granular customization, allowing travelers to receive multiple personalized trip proposals for free, compare them, and book directly with local experts who know their destination thoroughly.

The platform includes features that help travelers make informed decisions about their trips, including detailed itineraries and direct communication with local agencies. These capabilities have helped Quotatrip capture a weighty market share in the European travel sector within months of relaunch.

Quotatrip has made sustainability a core business strategy. The platform encourages partner agencies to implement environmentally responsible practices and support local communities. These initiatives align with growing consumer preferences for more sustainable travel options.

Der Megreditchian iterates that technology, when properly applied, can enhance cultural authenticity rather than diminish it. The platform aims to generate economic opportunities for local experts while delivering customized travel experiences that create meaningful connections between travelers and destinations.

Fresh Look and Strategic Partnerships

In January 2025, Quotatrip revealed a completely redesigned platform with a modernized design and simplified functionality to enhance communication between agencies and travelers. The new site highlights eco-responsible agencies, reflecting growing consumer interest in sustainable tourism. Since the launch of this new version, the platform has recorded a 100% increase in requests compared to the previous month.

To further boost traffic and visibility, Der Megreditchian has secured a three-year partnership with Petit Futé, ensuring Quotatrip’s presence across nearly all pages of the Petit Futé website, which receives between 70 and 80 million visitors annually. This strategic tie-up combines Petit Futé’s editorial expertise with Quotatrip’s technology, providing travelers with reliable recommendations alongside the ability to book fully personalized trips with carefully selected local agencies.

Additional partnerships with groups in Canada, Germany, and England are also under discussion, with the goal of attracting travelers from diverse countries to generate more requests for Quotatrip’s partner agencies. These international connections reflect Der Megreditchian’s multicultural background, having grown up in Russia and lived in Latin America and the Middle East.

The Next for Quotatrip

Quotatrip’s plan outlines initiatives to enhance the travel experience further. The company is developing new technologies to better match travelers with ideal destinations and experiences, while continuing to expand its network of local agencies worldwide.

In catering to global travelers who prioritize companies with transparent booking practices, Quotatrip is evidently capable. Der Megreditchian’s 20-20 on the future of travel focuses on using technology to facilitate meaningful human interactions, connecting travelers directly with local experts to create personalized experiences

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