About RoomRite
RoomRite is a company based in Orlando (United States) founded in 2023. It operates as a Marketplace, and B2B. RoomRite offers products and services including RoomRite Platform, VIP Partner Program, and Inventory Manager. RoomRite operates in a competitive market with competitors including Hotel Planner, Groople, Roomblocker, Groupbook and Sports Travel HQ, among others.
- Headquarter Orlando, United States
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Sectors
Travel & Hospitality
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Website
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Social
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Products & Services of RoomRite
RoomRite offers a comprehensive portfolio of products and services, including RoomRite Platform, VIP Partner Program, and Inventory Manager. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online system for buying and selling group hotel rooms
Offers exclusive hotel deals for partners
Tool for managing and tracking hotel room blocks
Funding Insights of RoomRite
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by RoomRite
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RoomRite
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Roomrite Comparisons
Competitors of RoomRite
RoomRite operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hotel Planner, Groople, Roomblocker, Groupbook and Sports Travel HQ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Functions as an app-based marketplace for group hotel reservations via reverse auctions.
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| domain | founded_year | HQ Location |
Group hotel bookings are enabled for organizations and individuals.
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| domain | founded_year | HQ Location |
Facilitates group hotel bookings for events.
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| domain | founded_year | HQ Location |
Provides AI-powered solutions for organizing and monetizing group travel events.
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| domain | founded_year | HQ Location |
Provides an online platform for booking hotels tailored to groups of travelers.
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| domain | founded_year | HQ Location |
Operates an online platform offering discounts on group hotel bookings.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about RoomRite
When was RoomRite founded?
RoomRite was founded in 2023.
Where is RoomRite located?
RoomRite is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
What does RoomRite do?
RoomRite operates an online platform that facilitates the resale of unused group hotel rooms, helping meeting planners and hotels manage occupancy and reduce attrition. It provides tools for booking, tracking, and accessing exclusive deals, connecting buyers and sellers efficiently. Based in Winter Garden, Florida, it serves businesses in the hospitality sector with real-time features and partnerships.
Who are the top competitors of RoomRite?
RoomRite's top competitors include Groople, Hotel Planner and Roomblocker.
What products or services does RoomRite offer?
RoomRite offers RoomRite Platform, VIP Partner Program, and Inventory Manager.
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