London based startup Triptease, has recently secured a $2 million seed round of funding led by VCs Episode 1 Ventures and Notion Capital.
It offers a ‘Price Check’ widget that sits on hotel websites and displays prices from across the web in real time. This will help to reduce the uncertainty surrounding a hotel’s direct price and will help the user make direct bookings.
Triptease Co-Founder and CEO Charlie Osmond said that, “e-marketing tools work to bring interested people back to hotel’s site, whereas Price Check is designed so that visitors never have a reason to leave in the first place.” Further adding, “The main reason why people leave a hotel website to book elsewhere is an oft-mistaken belief that the price will be cheaper. We show them it is not and increase direct bookings as a result.”