Traveltech startup Hotelmize brings innovation to the hotel booking industry in WTM London 2019

October 29, 2019

Tour Operators, OTA’s and Wholesalers are connecting their platforms to Hotelmize technology and are increasing their margins without risk or previous investment.

We have analyzed the trends that are coming to WTM 2019 and the impact they will have on the tourism market in the coming months and years.

Due to a variety of economic factors, the collapse of Thomas Cook the industry has shown slow growth, which has caused fierce competition to maintain its established annual sales targets, margins and profits in an over-saturated and historically low margin market. Tour Operators, OTA’s and Wholesalers are connecting their platforms to Hotelmize technology and are increasing their margins without risk or previous investment.

In the hotel distribution industry, we have found a solution, that with an innovative approach and technology, is helping OTAs, Wholesalers and Tour Operators to increase their profitability over their existing reservations automatically. They have just opened an office in the UK and they will be present this year at the International Travel Tech Show on the 4th of November in London, also the rest of WTM from the 4th November till 6th November. 

Hotelmize has developed an automated Big Data and Machine Learning based Artificial Intelligence tool that connects to different platforms via the API, optimizing existing booking margins through a secure process with zero overhead to daily operation.

The huge amount of data that helps Hotelmize to develop its smart toll ut is thanks to more than $1.1 billion of booking volume processed in its system which allows Hotelmize to gain remarkable insights for the benefit of rits clients.

How was the idea born? Its founders, Dor KrubinerOmry Litvak, and Guy Levitan, passionate about the world of finance and tourism, realized the potential that the stock market technology could have in the tourism industry. After four intense years of development and work, Hotelmize currently counts among its clients the most important companies in the tourism sector, monitoring and optimizing thousands of reservations on a daily basis.

Thanks to its unique financial approach and 100% automated solution, Hotelmize can increase the bottom line profit of its client by up to 30%!  

Interested in learning more about Hotelmize? Make your appointment during WTM 2019 by writing an email to hello@hotelmize.com.

Read more here.

Join us November 13-15 for the Property Portal Watch Conference Madrid 2019.

Property Portal Watch Madrid Conference 2019

October 29, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Investment Roundup 18Apr
Investment and Funding Roundup: Realiste, Rentify, Placy

This week's funding roundup is all about AI-powered platforms. We'll start in UAE...   Asia: Realiste closes $2M seed round...

Read More
Product Update 2025Apr18 1
Product Roundup: Zillow, Rightmove, Otodom, Hjem.no, AtHome.co.jp, PropTechBuzz

This week's product and service roundup starts in the United States, where Zillow has boosted its Showcase product with enhanced...

Read More
Zigbang Investment Scaled 2
Korean Proptech Zigbang FY2024: Revenues of $70.9 Million Drop 21.8% Year-on-Year

South Korean proptech firm Zigbang has reported full-year revenue of KRW101.4 billion ($70.9 million U.S.) for 2024, marking its second...

Read More
Redfin Coeanfront Homes 3
Redfin Joins Zillow in Banning Off-MLS Listings, Urges ‘Coming-Soon’ Compromise

The U.S. brokerage and portal operator Redfin has become the latest major player to take a public stand on the...

Read More

Editor's Pick