Xbed

Xbed Technology Group, established in Guangzhou in 2015 by founder Chuntian Li, operates as an internet-based hotel management company. Li, a member of the founding team of 7 Days Inn, leveraged his extensive experience in the hotel industry to address the operational challenges and rising costs facing traditional hotels. Xbed has secured significant financial backing, raising a total of $38.1 million over four funding rounds from investors including Gobi Partners, QF Capital, and Dayi Capital.

The company's core business revolves around a proprietary internet operational and sales system, positioning itself as China's first "Internet hotel" network, also referred to as unmanned hotels. This model targets the vast market of individually owned properties, short-term rentals, and small to medium-sized independent hotels, offering them a comprehensive management solution. The business generates revenue by charging franchisees a fee and taking a 7% commission on each order booked through its system. By 2017, the company reported it had reached a break-even point.

Xbed's platform provides a fully digital guest experience, allowing users to handle reservations, check-in, door access, payments, and service requests entirely through the Xbed mobile app or a WeChat account. For property owners, Xbed offers a system that de-centralizes hotel operations, enabling even a single room to be managed like a hotel, thus maximizing property utilization and financial returns. The system also incorporates a dual-sharing model, which includes not only property sharing but also人力 a gig-economy approach to housekeeping, where local cleaners can accept jobs through an app. In 2020, Xbed launched a subsidiary brand, Xbed Xi Hotel, specifically targeting the refurbishment and management of small-scale properties in China's lower-tier cities. This brand focuses on cost restructuring and system operation, providing property owners with room renovation guidance, system integration, and access to Xbed's wide network of distribution channels to increase occupancy and revenue.

Keywords: hotel technology, property management system, unmanned hotels, internet hotel, short-term rentals, hospitality industry, franchise model, shared accommodation, accommodation booking, Chuntian Li, hotel operations, asset-light model, digital check-in, mobile-first hospitality, hotel management software, China hospitality, revenue management, smart hotel, property technology, online travel agency