The document is a letter from the Spanish Confederation of Hotels and Tourist Accommodation (CEHAT) expressing their support for the business model of ByHours.com. CEHAT represents most hotels in Spain and has seen the success of hotels collaborating with ByHours.com over the past 3 years. CEHAT supports any business model that increases hotel income and meets customer needs and trends. ByHours.com is seen as an example of hotel industry evolution through its technology and alignment with market trends. CEHAT is confident in ByHours.com's international expansion and growth plans in Spain.