SlideShare a Scribd company logo
A new marketplace of luxury experiences… .
!
!
!
!
!
!
!
!
• Only 4-5 star products
• Flexible pricing tool
• Increase revenue
• Increase engagement
• Create urgency
• Optimize pricing
• Capture real demand
• Build a buzz
• Guarantee sales for high-
end inventory
Ratings
High customer satisfaction
We make sure that awesome experiences don't go unsold
Partners in Europe
Exclusive partnership agreements signed with:
60 hotels
16 hotels
100 hotels
500 hotels and Spas
Acquisition strategy focused on Luxury brands… moving also into other luxury
segments such as Events, Cruises and Spas in order to deliver a great product
– daily!
2500 hotels
52%
of Spain’s
4 & 5 star
hotels
And also cruises!
HGhoteles
Auction!
Page
Buy Now Button
Customer Bids
Countdown Clock
Create Urgency
Quick Purchase
Real-time market demand
Excess Capacity
Filling empty rooms and empty seats…!
!
!
!
!
!
!
!
!
!
!
…through real-time online auctions
For when the availability is greater than demand
✦Fill excess inventory — don’t let perishable items go unsold!
✦Availability — focus on specific need dates!
✦No quoted rates — only registrants see current bids and prices not indexed in Google!
✦No historical price — prices disappear and only winners know the price they pay!
✦Optimize prices - benefit from customer competition!
✦Assured booking — no-shows pay in full and systems not overloaded by group coupons!
✦Auctions — based on internally developed algorithms that optimize auction-user-price model
✦4-5 Star — maintain the highest image surrounded by the best in the industry
Excess Capacity Auctions - fill empty rooms
Excess Demand Auctions - optimize revenue
For when the demand is greater than the availability:
For specialty packages that are in high-demand and have VIP appeal, we can auction
starting at market price
Optimizing prices to capture true willingness to pay…!
!
!
!
!
!
!
…through online auctions starting at market price
Onsite widget - direct bookings or auctions
Widget - host auctions on your own website
✦ Create a buzz with onsite auction
✦ Create double-sided traffic from BidAway site
✦ Live real-time auction creates exciting competition
✦ Create urgency for last minute deals as timer expires
✦ A new gamification aspect to leisure purchases
✦ Price flexibility for specialty packages
✦Fully customizable to your website
The founding team
International Team Founded in Barcelona
LucaAlbert Brian
Bid away deck   hotels

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Bid away deck hotels

  • 1. A new marketplace of luxury experiences… . ! ! ! ! ! ! ! !
  • 2. • Only 4-5 star products • Flexible pricing tool • Increase revenue • Increase engagement • Create urgency • Optimize pricing • Capture real demand • Build a buzz • Guarantee sales for high- end inventory Ratings High customer satisfaction We make sure that awesome experiences don't go unsold
  • 3. Partners in Europe Exclusive partnership agreements signed with: 60 hotels 16 hotels 100 hotels 500 hotels and Spas Acquisition strategy focused on Luxury brands… moving also into other luxury segments such as Events, Cruises and Spas in order to deliver a great product – daily! 2500 hotels 52% of Spain’s 4 & 5 star hotels And also cruises! HGhoteles
  • 4. Auction! Page Buy Now Button Customer Bids Countdown Clock Create Urgency Quick Purchase Real-time market demand
  • 5. Excess Capacity Filling empty rooms and empty seats…! ! ! ! ! ! ! ! ! ! ! …through real-time online auctions For when the availability is greater than demand
  • 6. ✦Fill excess inventory — don’t let perishable items go unsold! ✦Availability — focus on specific need dates! ✦No quoted rates — only registrants see current bids and prices not indexed in Google! ✦No historical price — prices disappear and only winners know the price they pay! ✦Optimize prices - benefit from customer competition! ✦Assured booking — no-shows pay in full and systems not overloaded by group coupons! ✦Auctions — based on internally developed algorithms that optimize auction-user-price model ✦4-5 Star — maintain the highest image surrounded by the best in the industry Excess Capacity Auctions - fill empty rooms
  • 7. Excess Demand Auctions - optimize revenue For when the demand is greater than the availability: For specialty packages that are in high-demand and have VIP appeal, we can auction starting at market price Optimizing prices to capture true willingness to pay…! ! ! ! ! ! ! …through online auctions starting at market price
  • 8. Onsite widget - direct bookings or auctions
  • 9. Widget - host auctions on your own website ✦ Create a buzz with onsite auction ✦ Create double-sided traffic from BidAway site ✦ Live real-time auction creates exciting competition ✦ Create urgency for last minute deals as timer expires ✦ A new gamification aspect to leisure purchases ✦ Price flexibility for specialty packages ✦Fully customizable to your website
  • 10. The founding team International Team Founded in Barcelona LucaAlbert Brian