ByHours
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | 1.3m | 1.3m | 1.3m |
% growth | 44 % | 44 % | 2 % | (9 %) | 48 % | - | - |
EBITDA | (1.2m) | (1.7m) | (1.4m) | (2.4m) | (<1m) | - | - |
% EBITDA margin | (193 %) | (183 %) | (151 %) | (283 %) | (76 %) | - | - |
Profit | (1.1m) | (1.4m) | (1.5m) | (2.5m) | (1.1m) | - | - |
% profit margin | (171 %) | (153 %) | (158 %) | (296 %) | (86 %) | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€30.0k | Early VC | ||
€600k | Seed | ||
$3.6m | Series A | ||
* | N/A | Media For Equity | |
* | €1.5m | Early VC | |
* | €3.0m | Early VC | |
N/A | Seed | ||
* | €8.0m Valuation: €32.0m 34.5x EV/LTM Revenues -22.8x EV/LTM EBITDA | Late VC | |
* | N/A | Late VC | |
Total Funding | AUD27.9m |
Recent News about ByHours
EditBYHOURS is an innovative platform that allows travelers to book hotel rooms by the hour, catering to the needs of business travelers, layover passengers, and anyone requiring short-term accommodation. Operating in the global travel and hospitality market, BYHOURS partners with hotels to offer flexible booking options, enabling customers to choose check-in and check-out times that suit their schedules. The business model is based on a commission structure, where BYHOURS earns a percentage of each booking made through its platform. This approach not only provides value to customers by offering cost-effective and convenient lodging solutions but also helps hotels optimize room occupancy and revenue.
Keywords: hourly hotel booking, flexible stays, travel convenience, short-term accommodation, business travelers, layover passengers, global hospitality, commission-based, room optimization, cost-efficiency.