9 years ago

Triptease Raises $7M Series A to Help Hotels Increase Direct Sales

  • Triptease, a UK-based startup that provides a SaaS to enable hotels to increase direct sales, has secured $7 million in Series A funding from Notion Capital and Episode 1

  • Triptease's best-known product, Price Check, is a widget that sits on hotel websites and displays prices from across the web in real-time to reduce the uncertainty surrounding a hotel’s direct price and encourage direct bookings

  • Other tools offered by Triptease include a broader price checking data platform, a website messaging feature, and a re-targeting ad solution

  • The company is currently working with 8,000 hotels worldwide, including Loews, Barcelo, Corinthia Hotels, Rocco Forte Hotels, SLS Hotels, One & Only, Denihan, PH Hotels, Leonardo Hotels, citizenM, The Address Hotels + Resorts, Red Carnation, Steigenberger and LUX* Resorts & Hotels‎.

      • ProblemTechnology

      "Hotels are losing money to online travel agencies (OTAs) like Booking.com and Expedia because customers are often unsure if the price on the hotel's website is the best deal."

      Solution

      "Triptease provides a SaaS solution that helps hotels increase direct sales by showing customers real-time price comparisons from across the web, reducing uncertainty and encouraging them to book directly."

      Covered on