Milan -based TravelTech Startup Hottest The portfolio of European destinations announces to extend the range of services, to establish new partnerships with tourism housing and increase the capital of € 5.5 million to increase the team.
The fund of the fund was guided by the P 101 SGR and saw the participation of both the Italian and international business as well as the Jemz of 40 Jemz.
“We are making something that is unprecedented in the hospitality industry. In a market that is still bound to the traditional ligament, we have turned a clear, yet innovative vision that gives us better experiences and provide better experiences for travelers: Digital, fluid and thinking that we have new funds and new funds to us. This is a new meaning that considers us and gives us a new fund that considers us and it is emotion, and we’re just at the beginning” Vitorio GarguloCEO and HOTEED Co-founder.
Founded by Vitorio Gurgioo, Federico Brunelli and Federico de Carlo in 2022, and developed thanks for the B4 I -Bocconi Innovation Acceleration Program, with a 500% earning growth of Hetida 2023 and the first international room in Paris.
Hotida claims to be the first decentralized global hotel based in the best local hotels. The rooms selected by Hotada in a particular area of partner hotels are adapted to the aspirations and needs of travelers and improved with additional services.
Today, more than 65 hospitality, including top -to -top hotel groups like the TH resorts, work with hotter partners and more than 90 destinations in Europe, including Italy, Spain, France, Greece and Portugal.
Hotida believes that its power helps to renew the boundaries of modern hospitality experiences, to help hotels manage their feasibility and achieve their feasibility while expanding travelers’ experiences.
The hotter model generates passive income for the property to solve the problem of natural -sales lists, increase the income and occupation rates and the property that works with it. From the owned revenue management system to advanced data analytics, the hottidia hotels enable hotels to adapt pricing techniques and increase revenue.
The ‘HOTDEE Room Collection’ is the rooms that partially located within the selected hotels through a owned algorithm. This model “gives birth”The world’s first decentralized hotel“: A dispersed hotel has been placed in the dedicated region within the benefit of the partner.
With this new fund, the twelfth investment made by P 101 SGR Programma 103 is a fund that is supported by the European Union and the Digital Transition Fund through the CDP Venture Capital SGR – which uses the PNRR, which uses the SMEs for the NexTogenic EURR.
Stefano GuidoThe partner in the P101, who led the transaction of HOTDED, said, said, “We are interested in supporting Hotidia at this new level of growth. The company successfully brings innovation to a traditional festive industry like hospitality, identifies a clean market requirements and reacted with effective technology-driven solutions. With more than a decade experience of Traveltech and a strong network, P101 will actively contribute to further development of HOTD. Thanks for a highly skilled team and a sophisticated owned technology and with our ongoing support we are sure that the company will unlock its full potential not only in Italy, but also in the international level too quicklyThe “
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