RoomBeast is a B2B hotel marketplace that connects hotels with travel agencies and wholesalers through a centralized interface, allowing for real-time inventory management and the use of pre-negotiated rates. This platform eliminates high costs associated with traditional online travel agencies and GDS systems, enabling businesses to efficiently manage hotel bookings and streamline administrative processes.
Funding
$80K 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
Hotels face high costs connecting with B2B clients through traditional online travel agencies (OTAs) and Global Distribution Systems (GDS). Travel agencies and wholesalers struggle to efficiently utilize pre-negotiated rates with hotels online. Companies lack control over hotel costs and access to competitive pricing with 24/7 support.
Solution
RoomBeast is a B2B hotel marketplace that directly connects hotels with travel agencies and wholesalers in Latin America, enabling real-time inventory management and the use of pre-negotiated rates. The platform allows hotels to connect with relevant wholesalers and agencies, upload inventory and rates via a proprietary interface or channel manager, and differentiate conditions by client and date. Travel agencies can directly connect online with a domestic portfolio of hotels, use pre-contracted rates, and rely on RoomBeast for daily management with hotels. Large and small companies can centralize hotel administrative management, access 24/7 support, and potentially benefit from centralized billing with payment terms.
Target Audience
The primary customers are hotels seeking to increase bookings and profitability, travel agencies/wholesalers looking for the best market rates, and companies aiming to simplify corporate travel management.
Features
- Connection to relevant wholesalers and agencies
- Inventory and rate uploads via proprietary interface or channel manager (integrations with Travelclick, Siteminder, FNS, Wubook, E-GDS)
- Flexible inventory management with no minimum allotments or release times
- Direct online connection with a domestic portfolio of hotels
- Ability to use pre-contracted rates with hotels
- Centralized billing and administrative management
- 24/7 support
- Integrations with TGX, Juniper, Nemo, Oris, Ideas Fractal, and Argo