Hotiday
Partnering with visionary hoteliers to create unique room collections tailored to modern travelers.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor investor investor investor investor investor | €0.0 | round | |
* | €5.5m | Early VC | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 2902 % | 650 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | (73 %) | (5 %) | - |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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A travel-tech company that operates as a digital hotel chain, focusing on the acquisition and management of blocks of hotel rooms that would otherwise remain unsold.
The company's business model centers on partnering with hotels to take over their unsold inventory, thereby guaranteeing them an income on rooms that would typically yield no revenue. Hotiday then offers these rooms to travelers, effectively creating a new branded category of hotel supply. This approach allows the company to increase occupancy rates for its hotel partners and provide them with a passive income stream.
Hotiday serves both hoteliers, by solving their unsold inventory problem, and travelers, by offering access to rooms in various destinations. The company operates primarily in the European tourism market, with a presence in over 70 locations. Its revenue is generated through the margins made on the rooms it manages and sells.
Keywords: travel-tech, digital hotel chain, unsold inventory, room block management, hotel revenue, occupancy rates, passive income, European tourism, hospitality, branded supply