Our Investment In Telkie — Discover Hidden Hotel Deals
What if we told you — you weren’t getting the best hotel deals all along? When it comes to hotel deals, direct and private is key.
Best Deals Here?
Where is the first place you turn to when you are booking a hotel for your next trip? Is it Hotels.com for their stay 10 nights for 1 night free reward? Or do you immediately think “Hotels? Trivago”! What if we told you — you have not been securing the best deals available all along? Neither have we — until we met the Telkie team.
The Secret Menu
“Hotels always have their absolute best, exclusive deals with them — unavailable anywhere else. It may be a free breakfast, complimentary happy hour cocktail, discount on their signature spa, you name it. ”, explained Telkie’s Co-founder as they walked us through their solution. “It’s essentially their secret menu — they would be willing to give it out any day, if only you would contact them directly and ask about it. ”
Not a lot of people would bother to dig up a hotel’s email and send them a message asking for private, exclusive deals.
This is where Telkie comes in.
A New Genre
Telkie is here to redefine the world of online travel booking through facilitating direct conversations between travelers and hotels.
For travelers, discovering hidden hotel deals has never been easier. Telkie is building a discovery platform for hotels who are keen to attract new direct bookers. Just click on one of Telkie’s hotel partners, start chatting, and you’ll get an exclusive private deal.
Created For Hotels
As an early-stage investor, we love teams that benefit both sides of the table.
Telkie was birthed with hotel’s interests in mind.
Currently, 70% of hotels bookings are made via online Travel Agencies (OTAs) like Hotels.com and Expedia. Hotels know they are losing hefty commissions to the OTAs, (a mid-size hotel of 500 rooms can benefit from USD415K commission savings to OTAs each year for every 10% growth of direct bookings).
But they have no choice. They would lose most of their business if they stopped distributing their rooms on OTAs, but if they did, they aren’t allowed to undercut their price, which makes it very hard for hotels to attract guests to book direct.
But wait — in fact, more than 50% of travelers visit the hotel website before making a booking. Every page view is a chance to capture a direct booking.
Happy Hotels
Since the official launch January 2019, Telkie has already been trusted by several 5-star hotels in Hong Kong including The Royal Garden . Their clients have come back with happy results — generating an average of 400 room booking enquiries per hotel per month, with around 30% conversion to direct bookings.
Data-driven, Holistic Digital Solution
Data is the new oil. Telkie tracks the hotel’s web traffic, engagement and conversion rates, stores all chat history and emails provided by guests and generates monthly analytics and insights for hotels.
The Power Team
With a team of investment banker turned hotel digital consultants, venture capitalists, marketing and operations business veteran and ex-IBM tech entrepreneur, the team holds both strong entrepreneurship, hospitality, business operation and technical background.
We are so excited to continue to redefine the online travel booking landscape with Telkie! Click here to learn more about them.
