2022
Bengaluru (India)
Seed
Hotelzify is a hospitality technology, operating within the software development and internet industry, Hotelzify specializes in empowering independent hotels, budget properties, and short-term rental accommodations with advanced AI-driven tools to maximize direct bookings, improve online visibility, and boost profitability.
AI-Powered Ad Engine: Automates and optimizes hotel advertising campaigns across platforms like Google, Facebook, and Instagram, increasing direct bookings and booking values.
Direct Booking Website Builder: Enables hoteliers to launch custom websites with integrated booking engines, payment gateways, and AI-backed SEO in minutes, tailored for performance and conversions.
Google Business Profile Optimizer: Enhances hotel visibility on Google, complemented by a GPT-powered review management tool.
AI Chatbot: Facilitates seamless guest communication and instant query resolution using generative AI.
Price Parity Tool: Monitors competitor and OTA pricing to help hotels maintain a competitive edge.
Unique Value Proposition
Hotelzify stands out by providing AI-backed technology that allows hotels to reduce reliance on Online Travel Agencies (OTAs), thereby lowering commission expenses and increasing profit margins. Its tools are designed for ease of use, requiring minimal human intervention, and are accessible even to small and medium-sized properties.
Hotelzify operates on a hybrid revenue model that includes both commission-based and subscription-based streams:
Freemium Model: Properties can join for free, paying a commission ranging from 2.5% to 7.5% per booking, depending on the source.
Monthly Fixed Fee Model: For a flat monthly fee, hotels receive premium features such as a custom website domain, personalized themes, and advanced AI chatbot capabilities.
Value-Added Services: Additional revenue is generated from upselling modules like Google Hotel Ads management, reputation management, and dynamic pricing tools.
B2B Focus: Primarily targets independent hotels, boutique properties, and vacation rentals seeking to increase direct bookings and reduce OTA dependency.
Market Expansion: Plans to extend its reach into Southeast Asia and the Middle East, targeting emerging tourist destinations.
Product Innovation: Ongoing investment in AI-based pricing engines, customizable marketplace modules, and engineering talent to enhance product offerings.
Strategic Partnerships: Collaborates with industry players to accelerate adoption and drive value for hotel partners.
Operational Autonomy: Focuses on giving hotels OTA-equivalent technology while allowing them to retain control over guest experience and branding.
Hotelzify’s differentiators include its AI-powered ad engine, ease of website creation, and focus on empowering hotels to regain control over distribution and guest relationships, contrasting with the commission-heavy, guest-centric approach of traditional OTAs.
Hotelzify is rapidly emerging as a transformative force in the hospitality technology sector, offering AI-driven tools that enable hotels to maximize direct bookings, reduce costs, and enhance guest experiences. Its hybrid business model, strong focus on product innovation, and commitment to hotel autonomy position it as a compelling partner for independent properties and an attractive opportunity for investors seeking exposure to the digital transformation of the hospitality industry.
$488 K
1
$488 K, Seed
as of May 23, 2023
$1.96 Million
as of May 23, 2023
4.02
as of May 23, 2023
All In Capital
and 1 more23
Visa2Fly
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
May 23, 2023 | Seed | $488 K | $1.96 Million | $9.2 K | 144.5x | All In Capital, Z47 |