Startup Model – Last Minute Hotel Discounts

THE MODEL: A platform for users to find and book last minute hotel stays at unbeatable prices.

STARTUP: HotelQuickly (Hong Kong startup)

WHAT I LIKE

Core Idea – Lot of users book hotels at the last minute. This app can make their lives easier and help them save money also.  

Value for Hotels & Customers – Hotels get to offload their unsold room inventory. Users get discounted rates. Bookings cannot be cancelled.

CONCERNS

Competition – Established players have existing relationship with hotels and a strong user base. Entry into last minute bookings is relatively easier and more cost effective for them.