Startup Raises $500,000 to Add Smart Hotel Bookings to Productivity Apps

Skift Take

Both unmanaged and managed business travelers are turning to their own mobile apps for bookings presenting an opportunity for previously non-travel apps to increase their own value by adding travel-related tools.

OLSET, a company that personalizes hotel recommedations for business travelers, announced today that it raised $500,000 in seed funding.

The round was led by Montage Ventures with participation from Plug & Play Tech Center, GVA Capital, XG Ventures, 500 Startups, and a number of angel investors.

The announcement comes two months after OLSET entered into its first partnership with calendar app Any.Do. Any.Do users can search through in-app personalized hotel suggestions based on their upcoming business trips. OLSET keeps track of users' bookings and tailors its hotel suggestions based on user preferences and behavior.

Users can book the hotel directly within the Any.Do app, but the feature is available only on Android at this time.

OLSET also announced that the former president of Travelocity for Business Ellen Keszler and former general manager at TripAdvsior Giampiero joined its board.

Samantha Shankman

January 16th, 2014 at 1:40 PM EST

Tags: booking holdings, funding, investors

Photo Credit: A photo of the OLSET integration on the Any.Do app. PlaceIt.net

Up Next

Hotels

How Data Quality Issues Impact Global Hospitality Operations

There are wide discrepancies in data quality for hotel transactions across global regions, with the largest occurring in Asia-Pacific. Because hotels and agencies need to harness data quality to thrive, they must take a more nuanced regional approach to monitoring potential issues.

Onyx CenterSource + Skift | 3 weeks ago

Travel Startups Raise $580 Million Over Two Weeks

The ticket experiences sector has been ripe for modernization, and Klook is among those cashing in.

Justin Dawes | 5 hours ago

A file image of a passport and airline boarding pass.

Airlines

Tariffs and Travel: What Trump’s Trade Moves Could Mean for Airlines

President Trump’s proposed tariffs on aluminum and steel imports could have ripple effects on the aviation industry — and eventually result in passengers footing the bill.

Krystin Arneson | 9 hours ago

Hotels

Accor CEO: Opening Hotels in Mykonos Too Risky due to Climate Change

When a major hotel group like Accor decides not to build in Mykonos because of climate risks, it's a sign that climate change is reshaping business decisions.

Darin Graham | 10 hours ago

Travel Technology

AI Developments in Travel: Skift Timeline

Travel has seen numerous advances in artificial intelligence in recent years that have been poised to significantly alter the industry, and here's a rundown of the most notable ones.

Rashaad Jorden | 10 hours ago

First read is on us.

Startup Raises $500,000 to Add Smart Hotel Bookings to Productivity Apps

Skift Take

Up Next

How Data Quality Issues Impact Global Hospitality Operations

Travel Startups Raise $580 Million Over Two Weeks

Tariffs and Travel: What Trump’s Trade Moves Could Mean for Airlines

Accor CEO: Opening Hotels in Mykonos Too Risky due to Climate Change

AI Developments in Travel: Skift Timeline

First read is on us.
Subscribe to read more essential travel industry news.

First read is on us.

Startup Raises $500,000 to Add Smart Hotel Bookings to Productivity Apps

Skift Take

Up Next

How Data Quality Issues Impact Global Hospitality Operations

Travel Startups Raise $580 Million Over Two Weeks

Tariffs and Travel: What Trump’s Trade Moves Could Mean for Airlines

Accor CEO: Opening Hotels in Mykonos Too Risky due to Climate Change

AI Developments in Travel: Skift Timeline

First read is on us.Subscribe to read more essential travel industry news.

First read is on us.
Subscribe to read more essential travel industry news.