Excerpt from Travel Tripper
Almost seven years since HotelTonight launched its tonight-only hotel booking app, the industry has been flooded with a host of ambitious startups looking to find similar success. At the recent PhocusWright Summit, almost half of the 24 startups presenting their ideas were related to hotel booking apps.
However, during a rapid 3-minute question round, potential investor Chris Hemmeter questioned the sustainability of one of the startup’s business models, raising concerns that it merely took advantage of industry loopholes.
In the following post, we’ll look at how some newer hotel booking apps are striving to find their own niche, weighing up whether their innovative booking models really do have long-term viability.