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Published on : Tuesday, August 2, 2016
Hotelbids, Inc. launched its long awaited App in India, with a beta that reached 1700 hotels in 63 cities. Hotelbids – Stay@Your Price is an app that targets last-minute hotel bookings. The app is the brain child of Inder Sharma, a serial entrepreneur and founder of Hotel.com in 1996. Having been connected with the hospitality industry for over 20 years, he realized customers were not getting what they deserve. Hundreds of online travel agencies (OTAs) claim the best deals, even though the difference in price remains just few dollars. Every night approximately 1.7 million rooms go empty globally. This gap created a need for a platform which is both customer-centric (to get the best deal) and hotel-centric (to fill to capacity).
To use this platform, a customer uses the app to request hotels in a particular city. This request is broadcast to all hotels in the Hotelbids network, which can respond immediately to accept the offer. Customers can then review the specifics of the hotel before making their decision. In this simple and transparent way, both hotels and customers win. It is a two click last minute room booking app.