Shark Tank Hotels by Day Update
- Entrepreneur: Yannis Moati and Brian Dass
- Business: Day room hotel booking app
- Ask: $750,000 for 10% equity
- Result: No deal
- Shark: None
Not everyone who stays at a hotel wants to use it for 24 hours. Some would prefer if they could only stay for the morning and pay less because of it. However, these “daycations” require more effort for hotels. Most don’t bother to offer a day room service. This is where Hotels by Day comes in.
Hotels by Day gives customers a list of hotels to choose from that offer rooms for the time window they need. This makes it easier for customers to confirm bookings on the company’s website or app. At the same time, this allows hotels to put their rooms on offer for the entire day as opposed to just at night.
Unfortunately, the sharks and Hotels by Day did not see eye to eye.
Robert Herjavec didn’t think that the technology was proprietary by any means, so he went out. Chris Sacca wasn’t a fan either. He did agree that the company is solving a problem but didn’t like how Yannis and Brian answered his questions, so he went out. Mark Cuban went next, followed by Kevin O’Leary and finally, Lori Greiner.
Because Yannis and Brian did not get a deal in
Our Hotels by Day update revealed that the company is still going strong. Before their episode aired on
Meanwhile, in 2018, the company expanded to cover 450 hotels, which is 50% more than the 300 hotels they had partnered with when their
Unfortunately, we have no figures to show for our Hotels by Day update. However, considering that the company is fairly active on social media and has since expanded its offerings from Day Rooms to Work Rooms, Meeting Rooms, Event Space, and Coworking Desks, we can only assume that this was a big missed investment opportunity for the sharks.
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