PointsHound, a hotel booking service enabling guests to collect points from the airline loyalty scheme of their choice, has received seed funding of $425,000.
A number of industry luminaries participated in the round including former Expedia boss Erik Blachford, Zillow chief executive and co-founder of Hotwire Spencer Rascoff, former president of Travelocity global partner marketing Paul Nelson and Simmons Hotel Guides Cal Simmons.
Travellers can book hotel stays at the 100,000 hotels available via PointsHound and earn airline miles from a number of global frequent flyer programs.
Read full story at: http://www.tnooz.com/2013/03/20/news/pointshound-gets-seed-funding-to-take-hotel-booking-and-loyalty-miles-model-forward/