Hotellab develops an AI system that dynamically sets hotel booking prices in real time by analyzing market factors such as guest flows, demand elasticity, and weather. The company says its technology can raise hotel revenue by 12–20% without capital spending on marketing or changes to sales structure. Hotellab charges hotels a quarterly subscription for access to the system; its revenue has grown 500% since June 2020. The product is used by international clients including Marriott and Lotte and is deployed in Turkey, Croatia, and Estonia. The team reports month-to-month growth of 10–20%. The company plans to strengthen its position in Europe and expand into Africa and the Middle East.

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2021