Traveltech startup Hotelmize brings innovation to the hotel booking industry in WTM London 2019

October 29, 2019
Share this Post: 

Tour Operators, OTA’s and Wholesalers are connecting their platforms to Hotelmize technology and are increasing their margins without risk or previous investment.

We have analyzed the trends that are coming to WTM 2019 and the impact they will have on the tourism market in the coming months and years.

Due to a variety of economic factors, the collapse of Thomas Cook the industry has shown slow growth, which has caused fierce competition to maintain its established annual sales targets, margins and profits in an over-saturated and historically low margin market. Tour Operators, OTA’s and Wholesalers are connecting their platforms to Hotelmize technology and are increasing their margins without risk or previous investment.

In the hotel distribution industry, we have found a solution, that with an innovative approach and technology, is helping OTAs, Wholesalers and Tour Operators to increase their profitability over their existing reservations automatically. They have just opened an office in the UK and they will be present this year at the International Travel Tech Show on the 4th of November in London, also the rest of WTM from the 4th November till 6th November. 

Hotelmize has developed an automated Big Data and Machine Learning based Artificial Intelligence tool that connects to different platforms via the API, optimizing existing booking margins through a secure process with zero overhead to daily operation.

The huge amount of data that helps Hotelmize to develop its smart toll ut is thanks to more than $1.1 billion of booking volume processed in its system which allows Hotelmize to gain remarkable insights for the benefit of rits clients.

How was the idea born? Its founders, Dor KrubinerOmry Litvak, and Guy Levitan, passionate about the world of finance and tourism, realized the potential that the stock market technology could have in the tourism industry. After four intense years of development and work, Hotelmize currently counts among its clients the most important companies in the tourism sector, monitoring and optimizing thousands of reservations on a daily basis.

Thanks to its unique financial approach and 100% automated solution, Hotelmize can increase the bottom line profit of its client by up to 30%!  

Interested in learning more about Hotelmize? Make your appointment during WTM 2019 by writing an email to [email protected].

Read more here.

Join us November 13-15 for the Property Portal Watch Conference Madrid 2019.

Property Portal Watch Madrid Conference 2019

October 29, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hemnet Vs Rea Group
Analysis: Hemnet Still Playing Catch-up to REA Group When It Comes to Vendor Paid Advertising

Vendor-paid markets are great for real estate portals. For more than a decade the leading Swedish player Hemnet has charged...

Read More
Ohmyhome Full Year Results Net Losses But Big Ambitions
OhMyHome 2023 Full-Year Results: Net Losses But Positive Outlook for Nasdaq-listed Marketplace

The Singapore-based publicly listed company OhMyHome has released its 2023 full-year financial results. Highlights include: Revenues totalled S$5.0 million (US$3.8...

Read More
Homely Financial Results
Australian Portal Homely Records 16% More Enquiries in 2023

Australian challenger portal Homely generated over 15.5 million enquiries in the 12 months from April 2023. Homely, which competes with...

Read More
Yandex Q1 Strong Performance From Divested Assets
Yandex Q1 2024: Net Losses for Remaining Assets After Large Scale Divestments

Yandex N.V., the Dutch holding company of the marketplace giant Yandex, has released its financial results for the first quarter...

Read More