Whether you need a quiet place to work while traveling, a nap between flights or just some pool time during a long layover, hotel by day can offer you the comfort and convenience you need without having to spend the night. This company offers easy access to hotels for blocks of time during the morning and afternoon, with rates 40-60% cheaper than overnight rooms.
Founded by Brian Dass and Yannis Moati, the company’s website and app allow travelers to book a hotel room for specific time windows during the morning or afternoon. This allows customers to avoid paying expensive overnight rates and gives hotel owners the opportunity to earn more revenue from unused rooms.
Hotel by Day: A Flexible Solution for Travelers on the Go
The service is ideal for remote workers, road warriors who are in town for a few business meetings and families that are road tripping. Travelers on business trips can enjoy a private space to work or hold meetings, and families can get some rest during a long flight or in between stops while on a road trip.
The entrepreneurs are seeking $750,000 for 10% of the company, and they have a solid track record with impressive growth so far. However, the Sharks are skeptical of the business model and aren’t willing to make a deal. Mark Cuban thinks the idea sounds like a Saturday Night Live skit, and Kevin O’Leary says the business lacks scale and revenue. Chris Sacca believes they are attempting to hack into existing systems, and he goes out.