ResortPass Raises $11 Million to Disrupt the Hospitality Industry
In a bid to revolutionize the way people experience hospitality, ResortPass has secured an additional $11 million in funding. The latest round brings the company’s total valuation to over 2.5 times its previous valuation.
A New Era of Hospitality
ResortPass is pioneering a new segment of the global lodging industry by offering day-use access to high-end hotels and resorts. This innovative approach allows guests to enjoy luxurious amenities without the need for an overnight stay.
How it Works
The company’s platform provides users with a seamless experience, emulating the normal operating flow of a hotel. Guests can book their day-use stays through the ResortPass website or mobile app, and then access their chosen property as if they were a regular guest.
Key Features
- Day-use access to high-end hotels and resorts
- Emulation of the normal operating flow of a hotel for a seamless experience
- Access to luxurious amenities such as pools, fitness centers, and restaurants
Target Market
ResortPass is targeting travelers who want to experience luxury without breaking the bank. This includes:
- Travelers staying at Airbnb properties who want access to amenities not available in their rental
- Cruise passengers looking for a day-use excursion before their flight
- Business travelers seeking a convenient and luxurious option for meetings
Growth and Expansion
With its new funding, ResortPass plans to expand its team across all departments, including sales, marketing, product, and operations. The company aims to beef up its engineering team to continue developing its platform and improve the user experience.
Industry Reaction
"ResortPass is pioneering a whole new segment of the $1.5 trillion global lodging industry," said Ryan Ackell, partner at 14W. "By creating this opportunity for hotels and guests, ResortPass is aligning the industry with how people are choosing to take time off with shorter, more frequent experiences closer to home."
Conclusion
ResortPass is poised to disrupt the hospitality industry with its innovative day-use access model. With its new funding and plans for expansion, the company is well-positioned to revolutionize the way people experience luxury travel.
Additional Resources
