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Dave Russell 09/07/2021

CarTrawler Announces 50 New Jobs & A Hybrid Working Model As Part Of €10m Investment

The world’s leading car rental marketplace, CarTrawler, is creating 50 new job roles in Dublin as it announced the introduction of a new equity scheme for employees and confirmed the plans of making hybrid working permanent. The Irish travel-tech company stated the new jobs are a part of €10m investment package.

CarTrawler says the expansion and creation of jobs are the result of it securing fresh partnerships in different segments of the market that it has signed during the COVID-19 pandemic. These include a deal with Uber to roll out the Uber Rent service throughout the world. Also, the company has added other customers, like Hooper who aren’t dependent on air travel to do business.

The company declared the new jobs will be across numerous areas, including product and technology, operations, commercial and customer service. These new roles will be based in CarTrawler’s Dublin headquarters, which is being redesigned as a hybrid working environment to give staff the flexibility to work in the location that best suits them. There will be areas for team-based working, information sharing, social connection, creative/ideation, and quiet areas.

One of the most important partnerships we have is with our people so we are shifting to an operating model that allows our staff to do their best work when and where they want, and to an operating model where our people can share in the long term success of the business,” said CarTrawler’s CEO, Cormac Barry.

The company says it is witnessing a strong recovery in travel in regions that have opened up again, with its North American business already back at pre-pandemic levels. Furthermore, he said that in Europe things are comparatively slower, especially in Britain and Ireland due to the on-going restrictions.

In uncertain times our travel partners are finding ancillary revenues more important than ever to diversify their revenue streams, benefitting even when flights were grounded. The data insight we offer our partners has also been a fundamental tool to allow them to react at pace to demand and make informed decisions on recovery,” Mr Barry added.

Although the travel-tech industry took a huge hit due to pandemic restrictions, businesses have started picking up steam in the recent months. And CarTrawler is no exception.

Barcelona’s TravelPerk raised $160m for expansion in the US and Europe, while California-headquartered Deem restarted its Ireland recruitment plans earlier in 2021.

UK-based private equity group TowerBrook invested €100m in the CarTrawler business last year and took control of it. Also, CarTrawler management injected cash as part of the deal.

Dave Russell

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