Bidtotrip, an online platform that auctions off overnights for luxury hotels throughout the world, has recently launched an equity crowdfunding campaign on Seedrs to continue its website expansion.
The website, which went live in September 2014, helps customers get the best prices for luxury hotels for a very discounted price:
“Our vision is to make luxury accessible for everybody. Bidtotrip is like the Ebay of luxury travel, but with an important difference: the auctions start from £1 and travellers can potentially book a luxury hotel for up to the 90% less than the market value.”
TheBidtotrip team noted that each offer consists of 1-3 nights in a luxury hotel with the addition of an experience. Auction winners receive a complimentary bottle of champagne, or one day in the hotel spa. Winners have six months to redeem the experience. No panic, for those that do not win the auction, they have access to a special offer up to a 70% discount.
More importantly, the Bidtotrip service is free to anyone, so no monthly fees for those who just want a one-time trip. The process is simple:
1. Select a location: Choose the travel destination you prefer another those that are available.
2. Join an Auction: Join to reach the total credits amount required to start the auction.
3. Bid: Those with the highest bid will receive the discounted hotel price.
Co-founder of Bidotrip, Sarah Brunelli, stated:
“Our business is to bring luxury accessible to everyone.”
Funds will be used to create a stronger user-based website, along with build more partnerships. 30% will go towards product development, 40% to marketing and the final 30% will go towards support teams and overheads.
Since its launch, the Bidotrip campaign has secured over £86,000.
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