HotelChamp B.V.

HotelChamp B. V. is a technology company that provides innovative digital solutions aimed at enhancing direct booking capabilities for hotels, enabling them to better engage with guests and optimize online presence. Founded in 2015, HotelChamp B.

V. operates from Amsterdam, Netherlands, specializing in technology solutions for the hospitality industry. The company was established by Kristian Valk, who has a history of entrepreneurship. HotelChamp has successfully closed 2 funding deals, with the latest being a Seed round in August 2017, where the company raised EUR 2.

25 million, completing the second tranche of a total EUR 4 million seed financing. HotelChamp specializes in providing advanced digital solutions for the hospitality industry, focusing on enhancing hotels' direct booking capabilities. Their core product, the Hotelchamp Booking Engine, delivers a streamlined, app-like booking experience that eliminates redirects and loading times, crucial for increasing conversion rates. This technology is complemented by Hotelchamp Convert, a no-code website builder that allows hotels to create personalized online experiences to attract and retain guests.

The company serves a diverse clientele that includes independent hotels and larger chains across various geographical markets such as Europe, North America, and Asia-Pacific. By leveraging these products, HotelChamp addresses the challenges of high distribution costs and competitive pressures from Online Travel Agencies (OTAs), ultimately enabling hotels to capture a larger share of direct bookings. The revenue model for HotelChamp is primarily based on subscriptions and partnerships with hotel clients, where hotels pay for access to the booking engine and associated services. These transactions often involve a structured pricing plan that may include monthly fees or a percentage of revenue generated through direct bookings facilitated by the platform.

The Hotelchamp Booking Engine and Hotelchamp Convert are central to this revenue generation strategy, providing hotels with tools that enhance their online presence and increase direct engagement with guests. The company has established relationships with a wide range of hotel operators, enabling them to capitalize on the growing demand for direct booking solutions in the competitive hospitality market. In August 2017, HotelChamp B. V.

raised EUR 2. 25 million in Seed financing to support its growth initiatives. The company plans to utilize this funding to enhance its product offerings, including the development of new features for the Hotelchamp Booking Engine and Hotelchamp Convert. Furthermore, HotelChamp is targeting expansion into new geographic regions, particularly focusing on increasing its presence in North America and Asia-Pacific by 2020.