PointsHound (TLabs here) works by allowing guests to collect points from the airline loyalty scheme of their choice when they book a hotel property on the system.

Airline partners (and even Bitcoin) include a number of high profile carriers including United, Etihad and Virgin Atlantic.

The company created was founded by online veterans Peter Van Dorn and Chris Boyd and had received $425,000 in seed funding in early-2013 from a number of high profile industry figures 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. 

Read full story at:http://www.tnooz.com/article/points-buys-pointshound/