Laya Technologies

Laya Technologies

Verifiedclosed
A universal API to package any trip in real time. Learn more

Financials

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EUR20152016
Revenues00000000
% growth-2866 %
EBITDA00000000
Profit00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
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DateInvestorsAmountRound
-investor

$0.0

round

€20.0m

Series A
Total Funding000k

Recent News about Laya Technologies

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LAYA.ai is a startup revolutionizing the vacation booking experience for premium hotel brands. The company operates in the travel and hospitality market, focusing on simplifying the booking process for vacation packages. LAYA.ai serves premium hotel brands and their guests by integrating a seamless booking solution directly into the hotel's distribution system.

The core offering of LAYA.ai is its branded vacation packages, which include both hotel stays and flights. This integration not only enhances the guest experience but also reduces the likelihood of cancellations, as guests are more committed when flights are included. On average, guests who book through LAYA.ai stay for 12 consecutive nights, indicating a high level of satisfaction and engagement.

LAYA.ai's business model is based on a B2B (business-to-business) approach. The company partners with premium hotel brands and integrates its booking solution into their existing distribution systems. This allows hotels to offer comprehensive vacation packages directly to their guests via the LAYA button. The startup is already connected to over 100 distribution systems, ensuring real-time access to hotel rates and availability.

Revenue for LAYA.ai is generated through a combination of integration fees and a commission-based model. Hotels pay for the initial setup and integration of the LAYA system into their platforms. Additionally, LAYA.ai earns a commission on each booking made through its system, aligning its success with the success of its hotel partners.

In summary, LAYA.ai enhances the booking experience for premium hotel brands by offering integrated vacation packages that include both hotel stays and flights. This not only simplifies the booking process but also increases guest satisfaction and reduces cancellations. The company operates in the travel and hospitality market, serving premium hotel brands with a B2B business model that generates revenue through integration fees and commissions.

Keywords: vacation packages, premium hotels, booking solution, travel market, guest satisfaction, reduced cancellations, B2B model, integration fees, commission-based, seamless booking.

Tech stack

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