The document describes how The Very Last Room company works from both the customer and hotelier point of view. The company offers last minute hotel bookings through a mobile app, allowing customers to book rooms between midday and 2am at discounted rates of up to 70% off. Hotels pay The Very Last Room a 15% commission on bookings made through the app and are not required to accept cancellations or refunds.

2. HOW DOES IT WORK?
Customer point of view
 The purpose of the company called The very last room is to
offer to book rooms at the last minute only by a mobile
application.
 The customer can book only a certain time frame: between
mid-day to 2am.
 The rate is slighty decreasing up to 70% of the original price.
 Customers can find hotel nearbyhis current position thanks to
geolocalisation.
 No refund

3. HOW DOES IT WORK?
Hoteliers point of view
 15% commission on the sell price
 No allotements
 no-cancelable and no-refundable
 no desk payment at late hours. Payment is tendered
during the booking process.
 100% mobile – create additional revenues without
competing in traditional channels.