18 Apr '13, 12am

.@HotelQuickly brings mobile last minute hotel bookings to Asia

.@HotelQuickly brings mobile last minute hotel bookings to Asia

HotelQuickly brings mobile last minute hotel bookings to Asia April 18, 2013 by Terence LEE Empty rooms have always been a problem for hotels, especially during off-peak seasons. Besides the lost revenue opportunities, hotel operators have to contend with fixed costs like staff wages, insurance premiums, and marketing expenses. One way to solve this problem would be to match unfilled inventory with a market of last minute vacationers. We already know that this market exists. Hotel Tonight , a San Francisco based startup, has developed a hotel booking mobile app catering to spur-of-the-moment travelers. It appears to be doing very well, having raised a USD 23M Series C round in June last year. Now, Hong Kong startup HotelQuickly has brought a similar concept to Asia. Launched in March this year in Thailand, Hong Kong, Singapore, Taiwan, Indonesia, and Malaysia, the iOS and ...

Full article: http://sgentrepreneurs.com/2013/04/18/hotelquickly-brings...

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