Heavily funded hotel review site Oyster puts itself up for sale
Hotel review site Oyster, funded with nearly $20 million by backers such as Bain and the Travel Channel, is shopping for a banker so it can put itself up for sale, Skift has learned.
The search is in its final stages and Oyster, which offers professional hotel reviews from journalists on staff and from freelancers, has already been discussing its status with potential buyers, we have confirmed.
Oyster co-founder and CEO Elie Seidman declined to comment on the issue.
Lots of funding but not enough traction