hoo wants to change the hotel booking experience for the better by allowing customers & hotels to negotiate rates directly via their end-to-end platform. With access to 100K+ hotels and a hotel content licence agreement with Google now is your chance to invest alongside existing investors.
The online travel agent (OTA) market is expected to generate in excess of $830bn by 2025 but can create a false impression of competition & value. Guests think they are getting the best deal when in fact, the price is controlled by the OTAs, & then hotels are squeezed with commission rates rising from 15% to +25%.
With hoo guests make an offer that fits their budget and hotels choose what they are willing to sell for. This negotiation happens in real-time between hotel and guest and is handled through our end-to-end platform using automation and business rules configured by the hotel.
The industry has started to take notice. We've agreed a hotels licence agreement with Google along with leading inventory providers such as STAAH, eviivo and Amadeus.
It’s time to open this opportunity to consumers. We've demonstrated this online behaviour with:
- 51% of guests want to make offers - successful Make an offer bookings Vs Book it Now*
- 23% success rate - offers ending in a new rate agreed*
(*See FAQs for further details & sample size)
Now raising funds to:
- Optimise negotiations with data insights, room upgrades & explore new monetisation feature potential
- Scale hotel coverage through integration with more providers
- Scale user growth and make hoo known for value & fairness