Event: 2022 Phocuswright Conference
Product: GauVendi - Central Sales System
HQ: Frankfurt, Germany
Principal(s): Carina Stegmayer, Markus Mueller
Funding: 750k EURO Seed Funding + 55k hours of delivered programming software
Product Description: GauVendi is a cloud-based central sales system for hospitality with a globally new inventory management approach that is dynamic and feature-based. The new data structure and data points are the foundation for intelligent AI enabling novel ways of selling, revenue management, marketing & automation solutions for any type of accommodation business.
It includes an Inventory Management System, Sales & Booking Engine, Voice & Proposal Module, Automated Pricing, Best-Fit Room Assignments & B.I.
Business Model: Subscription model starting from 3.80 per room & month (min fee applies) and instant room feature upsell fee of 5%. Includes the sales & booking engine, automated pricing and best-fit room assignments for all channels, telephone & proposal module as well as business intelligence. Onboarding fee applies including system training.
Competitors: Substitute products are a combination of Booking Engines, Proposal Tools, Pre-Arrival Upselling Tools and Revenue Management Systems.
Competitive Edge: Central Sales System with a globally novel approach to manage inventory dynamically & feature-based, powered by AI, which enables new sales, revenue management & automation capabilities; truly personalized direct booking experiences & attribute-based selling for higher guest satisfaction & profits.
Market Opportunity: Scarce human resources, rising operating and distribution costs are forcing accommodation businesses to adapt and change. However, customers want more personalized experiences. Independent, small chains in particular struggle to improve profitability. GauVendi's centralized sales system enables greater automation, differentiated, individualized sales and monetization of room features driving more direct & higher value bookings. A win-win for guests and hoteliers alike.
Early Customers: harrys home, Ambassador Zurich, arthotel bakker, Alpenhotel Wittelsbach, Cornell Inn, 18Arts Hotel, Hofgut Wissberg, adlers Innsbruck.
