HotelRatePRO
Hotel Price-tracking Solution
Company Overview
Snapshot
Founded in April 2016 by Zavdi Lichtman and Nimrod Sadot, HotelRatePRO operates with 1–10 employees. The company was acquired by Service Technologies in December 2017.
Business overview
HotelRatePRO provides a business software solution focused on helping hotel guests save money on reservations. The company offers price-tracking services for booked hotel reservations and a search engine for future bookings that integrates rate tracking directly from hotel group websites. Its core technology leverages web, API, and search engine capabilities to serve the travel and tourism sector, specifically targeting hospitality and hotels, with both B2B and B2C business models.
Strategic signal
In February 2018, news emerged regarding Travel Trix Pro, the developer of HotelRatePRO, being acquired by an American company, Service Technologies. This acquisition signals a strategic consolidation within the travel technology market, indicating that HotelRatePRO's price-tracking solution was a valuable asset for a larger entity aiming to enhance its offerings or expand its market reach.
Log in to access full profile ›Company Intelligence Q&A
- When was HotelRatePRO founded?
- HotelRatePRO was founded in April 2016.
- Who are the founders of HotelRatePRO?
- HotelRatePRO was founded by Zavdi Lichtman and Nimrod Sadot.
- What is HotelRatePRO's primary business model?
- HotelRatePRO operates with both B2B and B2C business models, offering its services to consumers and via API to larger organizations.
- What is the core offering of HotelRatePRO?
- HotelRatePRO offers price-tracking services for hotel reservations and a search engine for future bookings, designed to help guests secure lower rates directly from hotel group websites.