BYHOURS
Type of site
Hotel Booking service
Available in7 languages
FoundedMarch 2012 (2012-03)
Headquarters
Barcelona, Catalonia, Spain/ Mexico City, Mexico
Area served24+ countries[1]
Key peopleOrlando Elias
(Founder & Chairman)
Christian Rodríguez
(CEO & Founder)
IndustryTravel, hotel
Employees60+
URLwww.byhours.com
CommercialYes
Current statusOnline

BYHOURS is a Spanish company and hotel microstay platform offering hotel stays by the hour. Guests book the hotel for a specific time of arrival and a duration of 3, 6, or 24 hours.[2][3][4][5][6]

History

The company was founded in March 2012 by Christian Rodríguez and Guillermo Gaspart in Barcelona, Catalonia, Spain. The company raised €600K seed funding from Caixa Capital and Cabiedes Partners in July 2013.[7] In 2014, according to Travelmole, over 150,000 bookings were made through BYHOURS at over 1,500 hotels in Spain.[8][9] In 2018, the company reached the first million hours booked in their platform.[10] During 2019, BYHOURS opened a new office in Mexico City, Mexico, and started its new expansion project in Latin America and the United States.

BYHOURS currently has about 60 employees based at its Barcelona headquarters and Mexico City office. BYHOURS offers more than 4,000 hotels by the hour in more than 24 countries around the world and about 600 destinations throughout Europe,[11][3][12][4][13] Latin America[1] and in travel hubs in the Middle East.[1] The platform has also a mobile application available on Android and iOS.[14][15][16]

Funding

In July 2013, BYHOURS raised €600K seed funding from Caixa Capital and Cabiedes Partners.[7] In April 2014, the company received a funding of 2.6 million from Spanish investors.[17] In August 2016, BYHOURS has also received 1.5 million from European funds[18] and in November 2017, the company was announced a funding of 3 million from new international investors as well as existing ones.[19] In January 2020, BYHOURS closed a €8M funding round to continue to grow in Europe, Latin America and the Middle East, as well as expand into the United States.

Awards and recognition

  • Best Startup of the Year in 2012 Spain at Ecommerce awards.[2][20][21]
  • Received eAwards 2014 as the Best App of the Year in Spain
  • Won the first prize in the travel and tourism web shop category[2][20][21]
  • Winner of 2017 Overall Awards – Best Business & Productivity App of 2017[22]
  • 2nd Best APP in #Startmeapp (Huawei and El Pais)[23]

References

  1. 1 2 3 "ByHours.com dinamiza hoteles de A.Latina al ofrecer habitaciones por horas". W Radio: Noticias en Colombia y el mundo (in Spanish). 2017-07-06. Archived from the original on 2017-09-30. Retrieved 2017-11-12.
  2. 1 2 3 Pizzetti, Elena (2016-11-18). "Hôtellerie 2.0: it's time for Temporary Rooms". Il Giornale (in Italian).
  3. 1 2 R, B (2015-04-16). "A quick in and out". The Economist.
  4. 1 2 "ByHours, pour réserver des hôtels à l'heure". Deplacements Pros (in French).
  5. ↑ "ByHours, ora gli alberghi si prenotano giorno e notte per 3, 6 o 12 ore". ItaliaOggi (in Italian). 2016-11-10.
  6. ↑ Davis, Marta (2015-04-11). "ByHours: la 'app' que vende habitaciones de hoteles por horas". Forbes Spain (in Spanish).
  7. 1 2 "ByHours.com Raises €600k in Funding". FinSMEs. 2013-07-26.
  8. ↑ Smith, Andrea (2018-05-19). "Are microstays at hotels and gyms the new face of business travel?". Lonely Planet.
  9. ↑ "Spanish startup that's revolutionizing the hotel industry just launched in the MENA region!". Startup MGZN. 2018-04-12.
  10. ↑ "La venta de habitaciones por horas, un filón que genera 5,5 millones de euros en el sector hotelero". ABC (in Spanish).
  11. ↑ O'Neil, Sean (February 22, 2015). "Startup pitch: BYHOURS to go beyond hotels to offer meeting rooms in hourly slots". Phocuswire.
  12. ↑ Woos, Ben (2015-01-04). "ByHours now lets 'business travellers' book a hotel room in London for 3, 6 or 12 hours". The Next Web.
  13. ↑ "Sbarca in Italia la piattaforma di prenotazioni alberghiere ByHours: gli hotel si prenotano per 3, 6 o 12 ore". Webitmag (in Italian). 2016-11-09.
  14. ↑ "Nuova identità di marca e nuova App per Byhours". MediaKey.TV (in Italian). 2017-10-27.
  15. ↑ "Una plataforma catalana, d'hotels per hores, triomfa". Corporació Catalana de Mitjans Audiovisuals (in Catalan). 2016-05-04.
  16. ↑ "Arriva in Italia ByHours.com, le camere d'hotel si vendono a ore". Travel Quotidiano: Giornale specializzato nel turismo (in Italian). 2016-11-09.
  17. ↑ el, escrito (2014-04-30). "Christian Rodríguez, BYHOURS: "nuestro modelo beneficia al hotelero"". TecnoHotel (in Spanish).
  18. ↑ "Byhours cambia el rumbo y gana fuerza en el exterior". La Vanguardia (in Spanish). 2017-06-06.
  19. ↑ "La plataforma de reserva de habitaciones BYHOURS cierra una ronda de inversión de 3 millones". El Economista (in Spanish).
  20. 1 2 "Arriva in Italia ByHours per utilizzare gli hotel per multipli di 3 ore". Travelnostop (in Italian). 2016-11-09.
  21. 1 2 "LE PRENOTAZIONI DI HOTEL "A ORE" DI BYHOURS SBARCANO IN ITALIA". Missionline (in Italian). 2016-11-10.
  22. ↑ "Winner of 2017 Overall Awards – Best Business & Productivity App of 2017". The Best Mobile App Awards.
  23. ↑ "Huawei y El País Retina premian una app de recetas". El País (in Spanish). 2018-01-26.


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