BYHOURS is a disruptive player in the hospitality industry, offering a unique proposition in the form of booking hotel rooms for flexible time slots, aligning with the slogan "Join the leading platform in the management and distribution of hotel inventory, now sold by the hour." Founded in 2012 and headquartered in Spain, the company has recently attracted attention with its Venture Round investment on 20 November 2023 from Velocity Ventures.
Their innovative model allows customers to select their check-in time and the duration of their stay, with options of 3, 6, or 24 hours. This fair pricing strategy rather than a low-cost approach sets them apart, positioning the brand as an advocate for flexibility and customer-centric services. Collaborating with major hotel chains, BYHOURS maintains service quality while adapting to individual needs, resonating with modern lifestyles.
By challenging traditional booking systems, BYHOURS introduces a compelling solution for the evolving demands of contemporary travelers. The recent investment from Velocity Ventures signifies potential for growth and development, making BYHOURS an intriguing prospect for investors seeking opportunities within the dynamic and ever-expanding hospitality and mobile sectors.