POLISH BUSINESS TRAVEL PLATFORM Hotailors BANKS €23 MILLION TO ACCELERATE INTERNATIONAL GROWTH
The owner of the travel platform Hotailors brand – Travel Manager has just secured €23 million in its latest funding backed by DialCom24. The company which offers a comprehensive booking book for corporate travel is currently poised to expand internationally and rebrand to ‘WorkTrips.com’.
Founded in 2016, the subject startup – Hotailors’ SaaS offering is an AI-based that enables users to book, organize, supervise and, in turn, offer oversight on employee trips. However, the Polish company already offers flights from over 900 airlines and 2.2 million hotels worldwide that entail 24/7 customer service and flexible invoicing.
In view of this development, the CEO and Co-founder of Hotailors ‘Filip Bloch’ said: “We managed to survive the most difficult pandemic period for the industry. It was a time of major redundancies and restructuring among agents specializing in business travel. We used this time to expand our sales team, develop our technology and IT department and strengthen our visibility. We are now seeing an upturn in the market and the return of multinational corporations to business travel”.
The subject platform – Travel Manager was actually built to make things easy for companies to organize business travel, specializing in handling work trips for external employees, like those working on contracts. While navigating via the travel platform Hotailors app, users can swiftly book flights, hotels and organize business trips within employee limits, and, in turn, the company receives one collective invoice. Hotailors offer customers the access to complete knowledge of business travel costs coupled with real-time management, as well as real-time control over expenses.
Further on this development, Filip added: “The breakthrough in our story was primarily the integration with global technology giant SAP. Today, our solution is published in the SAP Concur App Center and provides seamless integration to synchronize travel data and transfer the cost of a non-staff employee to the SAP Concur system. This ensures the solution meets all integration standards with international companies using our solution including Google, Vodafone, and Microsoft. We are not slowing down, which is also proved by offering new products, including the possibility of purchasing travel insurance and cancellation insurance from our partner – AxaPartners”.
The company will use the fresh fund to double down on its goal to become a leading player in the global travel market, and also plans to expand and strengthen its position in the existing markets and expand into new ones that include Africa. The startup is in the meantime rebranding to ‘WorkTrips.com’ coupled with the launch of insurance and financial products.
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