Travel Portal Investment Opportunity in Dubai, United Arab Emirates
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 36 thousand |
Run Rate Sales | USD 27 thousand |
EBITDA Margin | 13 % |
Industries | Travel Portals |
Locations | Dubai |
Local Time | 6:08 AM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Active |
# Online booking platform that offers users hotel rooms by the hours, days or months and gives the flexibility to choose the time of both check-in and check-out.
# Through our platform we offer an opportunity for our users who are mainly travellers to reduce their hotel bills and pay what they are utilizing.
# Here are some of our traction and numbers:
1: Total number of registered users: 6,464.
2: Revenue made until last month: AED 97,575.
3: Total bookings till date: 1,005.
4: Total number of rooms: 143.
5: Monthly run rate: AED 4,548.
# Business was one of the top 10 startup finalists of Dubai Tourism's Futurism Program a couple of years back.
# We have launched our mobile app for Android and iOS and have seen more than 10K downloads on the Google Play Store with good ratings.
# Have partnered with 80 plus hotels across Dubai, Abu Dhabi, Sharjah and Ajman.
# Business is operational across UAE.
# Revenue is generated by charging a 15% commission from hotels for each booking.
# Mobile app and website are developed in-house by an experienced team.
# Promoter has more than 14 years of software development experience in the travel industry.
# Due to the pandemic, the revenue has dropped.
Hotel room booking platform by the hours, days or months and by giving the flexibility to choose the time of both check-in and check-out.
Android and iOS apps, online booking website, extranet (hotel reservation system), brand trademark, some furniture.
Currently, we have registered the company in Fujairah and we do have rented office space in Downtown Dubai.
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Earlier than 15 daysDirector, IT Services And Consulting, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Diversified, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysSales Manager, Building And Fishing Materials Trading, Dubai, Individual Investor / Buyer connected with the Business