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800 Price It

A hotel reservation system where hotels actually bid on your needs. Priceline has grown by 800% in the past 4 years, ever wonder why?

  • Stage Full Product Ready
  • Industry Travel
  • Location San Diego, CA, USA
  • Currency USD
  • Founded January 2010
  • Employees 6
  • Website 800priceit.com

Company Summary

We are a hotel reservation company that provides travelers with unpublished room rates, last minute hotel bids, and access to rooms in sell out markets. Hotels are paying 20% to 50% fees with online travel providers and our model charges a fair 15% fee. Our customer is travelers that want deals on hotel rooms, without having to give up hotel and room type selection. The hotel industry needs to change and 800 Price It fits that need!

Team

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    Stephen James Lewis
    CEO
    Unconfirmed

    Mr. Lewis has a proven track record with 21 years of experience in hotel marketing. His previous company the Travelers Coupon Guide (TCG) was founded by Mr. Lewis in 1990. Over a 10 year period TCG became a nationally recognized travel publication with annual sales in excess of $12M and a 22% EBITA. TCG was sold to Primedia for $14.7M.
    • 24M annual circulations
    • 15,000 distribution locations
    • 2,000 hotels
    • 160 employees
    • 90% renewals

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    John Jason Lee
    Vice President & General Manager
    Unconfirmed

    Jason Lee is a leading expert in Hotel interactive marketing. His career in hospitality started in 1992 where he has held many titles, including Vice President of Sales and Marketing. Along with his long time friend and business partner Steve Lewis, Jason has developed a state of the art hotel room booking system. His ability to create products and execute ideas in both the sales and operational space, make him a valuable member of any team.

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    William Miller Purchase
    Chief Information Officer
    Unconfirmed

    Mr. Purchase has over 25 years of hands-on experience working with emerging computer technologies. He joined the TCG team in 1998 and has worked with Mr. Lewis’ companies on various levels ever since. During the last 6 years he has also handled all technical aspects of the San Diego BBB publication. Areas of expertise:
    • Database mgmt.
    • Online inventory mgmt.
    • E-commerce
    • Proprietary software design
    • Office automation systems
    • Online s

Advisors

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    Charles Christopher
    Lawyer
    Unconfirmed
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    Raymond L. Gallagher
    Accountant
    Unconfirmed

Previous Investors

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    Don P. McCurdy
    Unconfirmed
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    Paul V. Becker
    Unconfirmed
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    Cliff Clifford
    Unconfirmed