The Hotels Network

9 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Mar 2, 2019 by Juan Rodriguez · said 34 times in 1 episodes since 2019 · across every show →

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brought up most by Nathan Latka (34)

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2019 34 mentions in 1 episode

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Everything said about The Hotels Network, oldest first

Mar 2, 2019
Assertion Supported
The Hotels Network charges $300 per month per property for full package
“So we, our current price is 300, US dollars per month per property for the full package.”
Juan Rodriguez Mar 2, 2019 ▶ 2:37 1316 3000 Hotels Pay Him $4.3m in ARR to Help With Website Bookings
Mar 2, 2019
Disclosure
The Hotels Network raised its Series A at a 6x–8x ARR multiple
“We were, let's say we were working between six and eight.”
Juan Rodriguez Mar 2, 2019 ▶ 11:44 1316 3000 Hotels Pay Him $4.3m in ARR to Help With Website Bookings
Mar 2, 2019
Assertion Not checkable as stated
The Hotels Network reaches over 3,000 paying hotel customers
“We have over 3000 hotels that we work with now.”
Juan Rodriguez Mar 2, 2019 ▶ 4:16 1316 3000 Hotels Pay Him $4.3m in ARR to Help With Website Bookings
Mar 2, 2019
Assertion Not checkable as stated
The Hotels Network clients pay an average of $150 to $200 monthly
“It depends a bit, but that would say that about, I mean, I'm 50 to 200, if you do it on average, it depends on, on the dollars dollars, US.”
Juan Rodriguez Mar 2, 2019 ▶ 2:57 1316 3000 Hotels Pay Him $4.3m in ARR to Help With Website Bookings
Mar 2, 2019
Assertion Not checkable as stated
The Hotels Network achieves CAC payback within 6 to 9 months
“So we are seeing how much the average fee is compared to the number we have spent and it is between six and nine months.”
Juan Rodriguez Mar 2, 2019 ▶ 8:47 1316 3000 Hotels Pay Him $4.3m in ARR to Help With Website Bookings
Mar 2, 2019
Disclosure
The Hotels Network raised a $3.7M round while profitable
“And then we raised money in February, 3.7 million us to drive growth away when we were already profitable.”
Juan Rodriguez Mar 2, 2019 ▶ 10:19 1316 3000 Hotels Pay Him $4.3m in ARR to Help With Website Bookings
Mar 2, 2019
Assertion Not checkable as stated
The Hotels Network acquires hotel properties for $600 to $800 each
“So if you do it per property, our cost of acquisition is probably around 600 dollars, six to 800 maybe.”
Juan Rodriguez Mar 2, 2019 ▶ 7:16 1316 3000 Hotels Pay Him $4.3m in ARR to Help With Website Bookings
Mar 2, 2019 bullish
Assertion Not checkable as stated
The Hotels Network grew revenue roughly 100% to 150% year-over-year
“We we've grown the last year. We've grown over a hundred percent. It's I think it's about, if you see a year a year, it's probably a hundred, a 50%.”
Juan Rodriguez Mar 2, 2019 ▶ 5:31 1316 3000 Hotels Pay Him $4.3m in ARR to Help With Website Bookings
Mar 2, 2019
Disclosure
The Hotels Network reached profitability after raising under $300K
“Less than three, 300 K from the founders ourselves, and then from a small round from NFX in in San Francisco. And then we became profitable on that.”
Juan Rodriguez Mar 2, 2019 ▶ 10:05 1316 3000 Hotels Pay Him $4.3m in ARR to Help With Website Bookings
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