HotelQuickly, a same-day mobile hotel booking application in Asia Pacific, today announced that it has raised HK$9 million (US$1.16 million) with angel investors from three continents joining the round. Its investors include Boon Hwee Koh, the former chairman of companies like SingTel and Singapore Airlines, who is also the current board member of Singapore’s Temasek Holdings.
As part of its Series A round, the funds will be used for further expansion within the region and to speed up product development.
Christian Mischler, Co-founder and COO, HotelQuickly, told e27 that the Hong Kong-based startup is actively hoping to pose as a problem to big online hotel booking sites like Agoda. It also shared that it has seen an increase in bookings in developing countries like Thailand, Taiwan and Indonesia, though it cannot disclose the numbers.
According to an official release, about 400 hotels across the region teamed up with HotelQuickly to sell their last-minute inventory with deep discounts. “Mobile booking on the spot is taking over from booking ahead of time. Not only are rooms offered via our app cheaper than online, offerings are also curated and we guarantee you a better hotel experience” explained Tomas Laboutka, CEO, HotelQuickly.
The startup is now operational in two continents and 11 countries across Asia Pacific. With over 150,000 users on the app since late March, it has a total of 40 odd destinations across the region, with more to be added in upcoming weeks and months.