Home > Home > Thayer Ventures backs TripBAM vision to transform hotel shopping with $1 million round

Thayer Ventures backs TripBAM vision to transform hotel shopping with $1 million round

09/23/2013| 10:33:02 AM| 中文

Still a fair amount of investment money kicking about for newbies in the hotel sector as TripBAM picks up a $1 million round from Thayer Ventures.

The company hopes the investment will further its vision to transform the way travelers book hotels in the $10 trillion global travel and hospitality industry. 

TripBAM allows travelers to book hotels at the best rate possible by monitoring the changing price of a particular room. When a lower price is available, the service informs the traveler, who can then cancel and re-book at that lower rate. 

The service will also continually monitor a selection of hotels and e-mail the traveler daily with updates as the service searches all of the booking sites automatically. 

Read full story at: http://www.tnooz.com/article/thayer-ventures-backs-tripbam-vision-transform-hotel-shopping-1-million-round/#sthash.zxJZlSSq.dpuf

TAGS: Thayer Ventures | TripBAM | Financing | Hotel booking
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