hostAI, founded in 2022, is making waves in the travel industry with its ambitious slogan: "Making Direct Bookings the Default in Travel". Positioned at the intersection of AI and Automation, the company is headquartered in the United States and aims to revolutionize how hospitality brands engage with their customers.
With a mission to eliminate the hefty 20-30% intermediary fees commonly imposed by booking platforms, hostAI is committed to making travel more affordable for guests while boosting profit margins for hospitality providers. Their innovative approach seeks to transform direct bookings from an option to the standard in the industry.
In terms of financial backing, hostAI secured a Seed Round investment on 01 June 2023, with backing from Unpopular Ventures. This funding will likely propel the company's growth and development efforts as it seeks to disrupt conventional booking models.