ByHours.com

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Decide what time you check in and check out of your hotel

description

ByHours.com Business Model & Company Description

Transcript of ByHours.com

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Decide what time you check in andcheck out of your hotel

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Is the first online booking platform that lets you decide what time you

check in and out of your hotel, with packs from 3 to 48 hours.

ByHours.com

FAIRPRICE

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YOURDESTINATION

YOURCHECK-IN TIME

HOW LONGYOU WANT

TO STAYAT YOUR HOTEL

+ +

AT ByHours.com YOU DECIDE:

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We want to revolutionise the hotel sector.

Change the rules, so hotels adapt to you.

WHY?

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WHY...

Pay for a full day in a hotel when you only want to stay there a few hours?

WHY...Do you have to checkout at 12 when your flight doesn’t leave until theevening?

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PROBLEM

NECESSITY

THESOLUTION

ADDED VALUE: Own technological platform, both front-end and back-end.

Increasingly customised products, specifically tailored to each customer. Customer needs and demands are increasing; customers want to choose and pay only for what they consume.

The customer decides their check-in and check-out time and can reserve hotels through packs of hours. The customer can make reservations via web and mobile platforms, giving them total freedom to choose where, when and how they book.

Inflexibilty in the world of hotel reservations. Values already established.

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VISION:To be the leading hotels by the hour reservations platform, allowing every customer to choose what time they check in and out of their hotel. To position ourselves as a leader

competitors though: service, care, supply and

chance to pay a fair price for their hotel stay.

MISSION:We want to be the “Amadeus” of hotel by the hour bookings. Provide hotels with a tool that lets them manage this new model of hotel reservations and distribute the information freely to the maximumamount of channels possible.

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FOR CUSTOMERS· Our product adapts to the needs of the customer. · Not low cost, but fair price.

FOR HOTELS· ByHours.com is a new line of business to increase hotel occupancy. · Increase the hotels revpar.

COMPETITIVE ADVANTAGE& THE KEY TO SUCCESS

We are the only online platform that allows customers to choose what time they check in and out and to make a reservations by packs of hours. In a saturate market this helps us stand out and gives us our place. Furthermore we o!er a service both for the customer and the hotelier. Our service fills the needs of the customer, and the hotel is provided with a tool to help increase revenue.

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BUSINESSANGELS

CAIXA CAPITAL RISCBANCO SABADELL

SHAREHOLDERS

PRIVATEINVESTORS

FOUNDERS

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45% men

55% women

27 years old

Graduates inengineering,business,online marketing,tourism...

SpanishEnglish Work hard,

play hard

Founders: serial entrepeneurs

19team workers

OUR TEAM

IT programmersHotel contractorsMarketersCustomer serviceDesigners

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CURRENT MARKET

PRIC

E

CUSTOMER EXPERIENCE

OFFLINE TRAVEL AGENCIES

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B2C

CUSTOMERS

B2B

OUR BUSINESS MODEL

HOTELS

We receive a % commission for every reservation made.

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TRAVEL

HEALTHCARE

OUR COMMERCIAL STRATEGY 3 drivers of B2B merchandising

Airports HighwaysStationsPorts

LEISURE

Dream hotelsYou bring the car,we provide the hotel

Concerts & festivals

SportsForty winks

HospitalsHotel + spa

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COMMERCIAL AGREEMENTS

Europe· Leader in online travel· Leader in Europe health insurance· Leader in retail travel

International

THIS PROVESTHAT THERE IS A

MARKET

WHAT HAVE WE ACHIEVED?

IT· Launch integrations PMS/Channels M· Development API`s B2B (upselling/agencias/MMB)

MOBILEByHours.com

· APP· Web Mobile

TOOLS· Start CRM· Various tools UX· MKT Remarketing tools

MKT· Increased sales SEO & SEM· Customer loyalty

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4.000million sales

Leader in e -Travelo!ering

cross-selling sales

Presencein 28

countries

EXAMPLE OF AGREEMENT WITH ODIGEO

White labelonline

bookingplatform

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eDreamsWHITE LABEL SEARCH ENGINE EXAMPLE

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CONTRACTS WITHIMPORTANT HOTELCHAINS IN EUROPE

Channel managerintegration

Coming soon

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TIME OF PURCHASE

1ST YEAR SALES DEVELOPMENTSPAIN

Total revenue:301.188 !

JANUARY FEBRUARY MARCH APRIL MAY JUNE JULY (marketing investment: 51.200!)

16.500" 23.799" 27.963"44.487"

58.886" 62.390" 67.136"

BOOKINGWINDOW

2,5days

75%

WEB

25%

MOBILETRAFFIC SOURCE PER DEVICE

SEARCH ENGINETRAFFIC

DIRECT TRAFFIC

REFERENCE TRAFFIC

CAMPAIGNS

SOCIAL NETWORKS

30%

8,77%

13,68%

3%

44,55%

Healthcare

40%

Leisure

25%15%

Agencies Tra"c

20%

600HOTELS

MORNING(7-11h)14% MIDDAY

(11-16h)31% AFTERNOON (16-19h)22% NIGHT

(19-7h)33%

CONSUMPTION TYPE

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STRATEGIC POINTSTO HIGHLIGHT

Negotiation with various hotel chains. Exclusivity for the management and distribution of this new model.

Testing in London and Milan.

US patent already applied for through Carr/Ferrell law firm.

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MARKET TESTATTRACTING COSTUMERS

Spain 3rd tourist market in the world.

The perfect test market that includesboth holiday and urban hotels.

OPEN NEW MARKETS

SPAIN IN 6 MONTHSTransactions: 6.990

Hotels: 600Angel funding: "1M

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www.byhours.com

[email protected]

www.facebook.com/byhours

www.twitter.com/Byhours

www.youtube.com/user/ByHoursTV

WE’RE WAITING FOR YOU AT...

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Decide what time you check in andcheck out of your hotel