Hoken operates a marketplace that allows users to purchase, resell, or redeem hotel bookings specifically for events, utilizing a flexible cancellation policy and guaranteed room availability. By securing hotel rooms in advance, Hoken addresses the challenges of high prices and limited options for event-related accommodations, ensuring customers can easily find and manage their stays.
Funding
$23.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Booking hotels for events often leads to inflated prices, limited availability, and inconvenient locations, compounded by inflexible cancellation policies. Traditional booking methods can be frustrating, requiring extensive searching and price comparisons, with no guarantee of securing a suitable room near the event venue.
Solution
Hoken provides a marketplace specializing in hotel bookings for events, securing rooms in advance to guarantee availability, prime locations, and competitive pricing. The platform offers a flexible cancellation policy, allowing users to resell their bookings or receive a full refund, providing peace of mind when plans change. By partnering with top-rated hotels, Hoken ensures a secure and hassle-free booking experience, simplifying event travel and allowing users to focus on the event itself. Users can easily find and manage their stays, skipping the complexities of traditional booking methods.
Target Audience
Hoken primarily targets event attendees, including concert-goers, sports fans, and festival participants, who seek convenient and affordable hotel accommodations near event venues.
Features
- Marketplace for event-specific hotel bookings with guaranteed availability.
- Pre-negotiated rates secured months in advance for competitive pricing.
- Flexible cancellation policy allowing for reselling or full refunds.
- Partnerships with highly-rated hotels and verified properties.
- Secure booking process with guaranteed hotel room confirmation.
- Option to transfer reservation to the user's name closer to the check-in date.
- Dedicated customer support available to answer questions and address concerns.