Historically, hotels have been unwilling to offer rooms just for the day, sticking instead to rigid check-in and -out times. We created HotelsByDay to make it easy for customers to find and book single day stays. We designed the platform to make it easy for hoteliers to add this new revenue stream and protocol to their current booking system. Intuitively, it makes sense. Financially, it does too – we've brought in $5M+ in gross booking revenues. [Read More]
A safe is a Simple Agreement for Future Equity. An investor makes a cash investment in a company, but gets company stock at a later date, in connection with a specific event. A safe is not a debt instrument, but is intended to be an alternative to convertible notes that is beneficial for both companies and investors.
July 12, 2018
October 10, 2018
Firstly, this raise will help us improve our user interface, user experience, and back-office tools so that our partner hoteliers can generate more money with less work. Secondly, we will introduce a universal loyalty program, to reward our numerous repeat customers. Lastly, about 30% of funds will be spent on marketing so we can grow internationally.
CEO and Co-Founder
20+ years in hospitality. Co-founded a travel agency, and directed a global tour operator company.
CTO and Co-Founder
Founded Timeless Hospitality (acq.) and Open Hospitality (acq.). 20+ years in hospitality.
COO and Director of Partnerships
Pursuing B.A. Philosophy at Pace University.
There are no additional research reports currently.