B&B distribution service player AsapOne lands multi-million yuan in funding
08/10/2018|5:18:12 PM|ChinaTravelNews

B2B homestay distribution service provider AsapOne has picked up nearly RMB 10 million in an angel round of financing, backed by Divine Capital. The funds will be used to optimize product system, develop technology interface, expand its global presence and quickly add listings and distribution channels, according to Ms. Nan Zhang, founder and CEO of AsapOne.

Founded in 2017, AsapOne is a B2B service provider that bridges property owners and homestay distribution channels around the world. Through a property management system (PMS) and distribution system, it helps home-sharing business operators improve service qualities, management and distribution capabilities, and save operating costs. To better serve distributors, it enables a dynamic display of room status and rates to enhance reservation success rate and deliver superior experience.

Unlike other B&B technology specialists in China, AsapOne targets homestay operation companies and individual property owners worldwide.

AsapOne develops its own central reservation system (CRS) and PMS to solve management and distribution headaches. For suppliers, it offers rich distribution channels for homeowners and operation and management solutions for B&B operation companies. For channel partners, it resolves issues of information mismatch and high costs for online/offline sales channels.

Ms. Zhang said: “AsapOne is committed to being an intermediary for property suppliers and distribution channels, and we develop our own PMS with real-time inventory and rate information to achieve better distribution performance.”

Distribution service is just a starting point for AsapOne. The company plans to equip its B&B portfolio with smart devices and value-added services in the next step after consolidating its homestay distribution platform.

AsapOne expects to bridge more than 30,000 homestay units with distribution channels by the end of this year. It will start in Asia, in Taiwan, Japan, Thailand and other Southeast Asian countries this year, and then extend to Europe, America and Australia. The balance between property supply and distribution will remain its priority in the process.