ByHours

ByHours

A US hotel booking platform offering flexible 24-hour check-in and check-out options, immediate confirmation, and free cancellation, with a focus on business, relaxation, and travel. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues<1m<1m<1m<1m1.3m1.3m1.3m
% growth44 %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

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DateInvestorsAmountRound
-

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€16.4m

Recent News about ByHours

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More about ByHoursinfo icon
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BYHOURS 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.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.