Travel tech startup Hotelmize brings innovation to the hotel booking industry in WTM London 2019
Travel tech startup Hotel mize brings innovation to the hotel booking industry in WTM London 2019
- Oct 25, 2019
Courtesy/News Source: traveldailynews.com
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 Krubiner, Omry 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 firstname.lastname@example.org
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