Hotiday is a Milan-based traveltech startup founded in 2022 that selects rooms within partner properties and adapts them to travellers’ needs while preserving each location’s character. The company combines services, technology, design and comfort with a proprietary revenue management system and advanced data analytics to help hotels optimize pricing and increase revenues. Hotiday monetizes natural unsold inventory to raise occupancy rates and generate passive income for properties. In the last year it hosted more than 33,000 people across more than 90 tourist destinations in Europe. The startup intends to use new funding to open locations in major European resorts and cities, broaden services offered to partner hoteliers and expand its team. Hotiday purchases unsold hotel rooms from partner facilities and resells them online under a proprietary “Hotiday Hotels” brand, operating as a decentralized, data-driven hotel chain. It uses a proprietary algorithm and an instant-buying logic to acquire rooms at the right price, offers cashback to travellers, and provides digital services such as online check-in and a digital concierge via an app. Since its founding in March 2022 the startup has grown rapidly and achieved a turnover of over €1 million by 2023 while serving multiple facilities across Italy. The company plans to invest new funds in technology to further enhance its algorithm and online platform, pursue new acquisitions, and expand its presence throughout Italy. Hotiday also intends to expand the team with hires including a product manager and a sales account to support growth. Founders include Vittorio Gargiulo (CEO), Federico Di Carlo (Chairman & CCO), and Federico Brunelli (CFO), all with hospitality experience.

Total raised

$7M

Funding rounds

2

Latest round

Equity

Latest activity

May 2025