HotelMap™ is a leading technology platform focused on simplifying hotel bookings at the complex end of the market, group bookings and hotel stays for events, conference and trade shows.
They operate in 512 cities worldwide and are used by the world’s largest event organisers, associations and destination management companies. HotelMap™ customers include: Reed Exhibitions, UBM, Informa, Knect365, Clarion, FT and other organisers such as Cisco, EA Sports and Amazon Web Services.
Over $128bn is spent on hotel bookings for conference attendees every year and HotelMap™ is the largest platform in the space.
delegate hotel booking technology platform in the world.
Umbra met the founder of HotelMap™ during their initial capital raising efforts and were so impressed by the quality of the team and their ability to tackle the opportunity that they decided to invest personally in the business.
Following impressive growth, Umbra helped the founder determine a fair valuation for the latest round and introduced the transaction to members of the Umbra family, who invested alongside them and added value by offering their expertise and network. The raise was oversubscribed and Umbra is now a significant minority shareholder.