Hot 25 Startups 2020: Hotelmize

Designed to help hotel distributors, wholesalers and travel agents increase profitability, Hotelmize’s AI-enabled platform automatically increases profit margins in an increasingly competitive market.

The solution is compatible with all booking systems and doesn’t require any changes in workflow.

More than $1 billion worth of hotel bookings have been monitored by Hotelmize since 2016.

Goals for 2020

"Our goals for the next period are expanding our global client base thanks to our local presence in new countries and put more focus on the U.S. and China markets.

"In addition, we continue to invest in developing more big-data based pricing related products to help our clients grow and improve business performance. We are here to make a difference in travel companies."

• Founded: 2016.
• Team size: 25.
• Funds raised: $4.5 million.
• Website: Hotelmize .

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* Correction: The location of Hotelmize has been updated.