7 Hotel Booking Platform Success Stories [2024]

Updated: November 19th, 2023
Start A Hotel Booking Platform

The explosively popular Airbnb and countless similar services have proven that the market for home and apartment rentals is growing rapidly.

As an entrepreneur who loves travel, you see an opportunity to extend this model to hotels.

That’s why you start a hotel booking platform where travelers can search for and book accommodations worldwide.

The market size of the online hotel booking platform industry worldwide amounted to nearly $518B in 2020.

Starting a hotel booking platform can be so interesting as an idea that can proliferate. It doesn’t require any license, no inventory — only mobile phones, an internet connection, and some motivation to succeed.

Here are some real life success stories of starting a hotel booking platform:

1. Tripadvisor ($1.37B/year)

How much they make: $1.37B/year
Current team size: 2956

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HOW I GOT HERE - STEVE KAUFER OF TRIPADVISOR

Tripadvisor is a global travel advice network with over 1 billion reviews and recommendations from almost 8 million companies that generated 902 million U.S. dollars in global revenue in 2021, representing a 49% increase from the previous year.

About
Stephen started Tripadvisor about 24 years ago
Revenue
Stephen grew the business to $114M/month
Read by 886 founders

So... can you actually make money with a hotel booking platform?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Booking.com

Big savings on hotels in 120,000 destinations worldwide. Browse hotel reviews and find the guaranteed best price on hotels for all budgets.

Where they're located: Nashville, Tennessee, USA
Website traffic: 546M/month

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5. Tripadvisor

World's largest travel platform. Browse hundreds of millions of traveler reviews and opinions. Compare low prices on hotels, flights, and cruises. Book popular tours and attractions as well as reserve tables at great restaurants.

How much they make:
Where they're located: Miami, Florida, USA
Current team size: 2956
Website traffic: 143M/month

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So... can you actually make money with a hotel booking platform?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. agoda

Discounts on 2 Million hotels, homes and everything in between. Now offering flight bookings! | Over 20 Million reviews | Last minute deals | Safe & secure

Where they're located: Nashville, Tennessee, USA
Website traffic: 28.1M/month

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