Event: 2019 Phocuswright Conference
Product: HotelRunner Connect
Category: HotelRunner
HQ: U.S., U.K., Turkey
Principal(s): Arden Agopyan, Founder & Managing Partner; Ali Beklen, Founder & Managing Partner
Funding: Seed and early-stage investors are 212 Capital Partners, Aslanoba Capital and Founders Factory. Total funding to date is US$4.2M.
Product Description: HotelRunner is the SaaS-enabled sales and distribution management platform for accommodations. HotelRunner Connect is the B2B network for accommodations, travel agencies and payment providers to find, contract, connect and transact with each other online, at scale.
Business Model: SaaS-enabled sales management platform and peer-to-peer B2B network for accommodations, travel agencies and payment providers to find, contract, connect and transact with each other online, at scale.
Competitors: HotelRunner Connect's competitors are offline B2B networking organizations.
Competitive Edge: HotelRunner, with its freemium business model and self-service platform, provides award-winning technology as well as a scalable networking platform to its partners. HotelRunner is globally backed by rock-star engineers, talented designers, hospitality specialists, marketing gurus, finance experts and online sales professionals.
Market Opportunity: Of the 15M accommodations worldwide, 14M+ are not available online in real time. 60% of biggest OTAs of the world's inventory is still not connected in real time.
Early Customers: Small- and medium-sized accommodations, enterprise OTAs, payment gateways.
Contact: Emre Corbaci, Marketing Communication Manager; emre@hotelrunner.com; +90 555 152 26 35
