Hotel N Apartment
A global accommodation solution through full service for corporate customers, from one day to one year. Margins are double than regular Travel Agencies.
- Stage $500K in TTM Revenue
- Industry Travel
- Location Bangalore, Karnataka, India
- Currency USD
- Founded April 2015
- Employees 12
- Website hotelnapartment.com
Company Summary
Global accommodation provider to corporate travelers, in more than 150 countries, from 1 day to 1 year duration. Unlike a travel agency who book and collect commission, we buy on behalf of customer(s) and resell it to them. Double the incentive than market at 15%. Targeting 100 cr in 03 years. Break even within 15 months. 2nd phase will see huge technology integration offering a hybrid model to give them online pricing with full service.
Team
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CEOA career spanning 21 years, with agencies like AMEX and Carlson Wagonlit, corporates like IBM & Dr. Reddy’s and with start-ups like Out of City.com as COO (acquired by Infibeam.com in 2010) and WW Stay as Sr. VP – BD, key contributor for its exponential growth. Master degrees in Wildlife; and Tourism and a PG in finance. Currently pursuing his PhD in Film Tourism. A voracious reader of history and biographies, he has a passion for super bikes.
Advisors
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Rajesh BuchAdvisorUnconfirmed
Previous Investors
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Noopur AgarwalAngel InvestorUnconfirmed
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