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 develops business software focused on hotel price-tracking solutions. The company's core technology includes a search engine and API for rate tracking, enabling users to find lower rates for existing bookings or book directly through hotel group websites with integrated price comparison. HotelRatePRO serves the travel and tourism industry, specifically targeting the hospitality and hotel sectors, and operates with both B2B and B2C business models.
Strategic signal
In February 2018, news outlets reported on the acquisition of Travel Trix Pro, the developer of HotelRatePRO, by an American company. This event signals a successful exit for the startup, validating its price-tracking technology and market approach within the travel tech industry.
Company Intelligence Q&A
- When was HotelRatePRO founded?
- HotelRatePRO was founded in April 2016.
- Who are the founders of HotelRatePRO?
- HotelRatePRO was co-founded by Zavdi Lichtman and Nimrod Sadot.
- When was HotelRatePRO acquired and by whom?
- HotelRatePRO was acquired by Service Technologies in December 2017.
- What is HotelRatePRO's primary offering?
- HotelRatePRO offers a hotel price-tracking solution that helps guests save money on hotel bookings by monitoring rates for the same hotel or brand.
- What business models does HotelRatePRO utilize?
- HotelRatePRO operates with both B2B and B2C business models, offering its tracking-as-a-service via API to larger organizations and a free service to consumers.