This document discusses Bidaway, a company that addresses the $37 billion problem of unsold hotel beds and cruise cabins in Europe each year. Bidaway partners with hotels and cruise lines to auction their empty rooms through a new luxury marketplace, driving 20% month over month growth. Customers on Bidaway repurchase 3 times more than other online travel agencies, and the company has seen 30% revenue growth.

1. angel.co/bidaway founders@bidaway.comangel.co/bidaway founders@bidaway.com

2. angel.co/bidaway founders@bidaway.com
57%
4 & 5 star hotels
3/5
major cruise lines
angel.co/bidaway founders@bidaway.com

3. angel.co/bidaway founders@bidaway.comangel.co/bidaway founders@bidaway.com
The unsold beds problem in Europe
$37 Billion
lost sales annually

4. angel.co/bidaway founders@bidaway.comangel.co/bidaway founders@bidaway.com

5. angel.co/bidaway founders@bidaway.com
0
0.75
1.5
2.25
3
3X
Average customer
repurchases
3X
Other
OTAs

6. angel.co/bidaway founders@bidaway.com
“Gorraiz castle was
awesome. Those
auctions are addictive”
Ana

7. angel.co/bidaway founders@bidaway.com
Month over month
growth
20%

8. angel.co/bidaway founders@bidaway.com
Hotels Cruise lines
Our Partners

9. angel.co/bidaway founders@bidaway.com
A new luxury marketplace
@bidaway_com

10. angel.co/bidaway founders@bidaway.comangel.co/bidaway founders@bidaway.com
30%
revenue
growth
@bidaway_com

11. angel.co/bidaway founders@bidaway.com
Luca Brian
We’re preparing to expand
@bidaway_com