Hotelhoppers.net

Hotelhoppers.net is a disruptive startup that aims to revolutionize the hotel industry. Their slogan, "HotelHoppers allows hotels to auction unbooked rooms to anonymous travelers at discounted last-minute rates." perfectly encapsulates their unique business model. Founded in 2017, the company operates on a concept similar to eBay, enabling hotels to fill up their vacancies by offering travelers the best last-minute auction price. This approach is especially beneficial for travelers with unpredictable schedules or those seeking short notice accommodations, as reservations can only be made up to 24 hours in advance.

The initiative comes at a crucial time, as the hotel industry faces challenges due to the emergence of alternative services such as Airbnb and reasonable concerns about declining occupancy rates in Europe, which are currently averaging less than 80%. Hotelhoppers.net presents a feasible solution to address these concerns by aiding hotels in booking their empty rooms for the evening through an auction-based approach. This innovative strategy is designed to counter the high fixed costs and volatile market conditions that hotels face, providing them with a viable and efficient means to manage their vacancies.

While details about their headquarters, industries, last investments, and investors remain undisclosed, Hotelhoppers.net's unique business model and innovative approach position them as a potential game-changer in the hospitality industry, offering promising opportunities for venture capital investment.