Hotel Engine Stock

hotelengine.comConsumer & Lifestyle / Travel & HospitalityFounded: 2015Funding to Date: $83.15MM

Hotel Engine has created a membership platform that gets hotels, travelers, and companies connected with one another.

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As Hotel Engine is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private company like Hotel Engine, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not an accredited investor, discover how to begin the process to potentially qualify for new investment opportunities.
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Can you sell Hotel Engine stock?

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Is Hotel Engine a public company?

No, Hotel Engine is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Hotel Engine’s stock price?

Hotel Engine is a privately held company and therefore does not have a public stock price. However, you may access Hotel Engine’s private market stock price with Forge Data.
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What is Hotel Engine’s stock ticker symbol?

Hotel Engine does not have an official ticker symbol because this company is not currently publicly traded.
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Denver-based company Hotel Engine is expanding its services in response to increased post-pandemic business travel. The company announced new services including FlexPro, a subscription service that allows companies to alter or cancel reservations up to noon on the day of check-in, and enhancements to its group booking service, Groups. The company has seen robust growth and connects its 40,000 member companies to over 700,000 partner hotels worldwide.
The majority of travel bookings are now made online, prompting hotels to list themselves on third-party travel websites to boost their global visibility. However, this approach involves commission costs. In response, the hotel tech space is evolving to optimise hotel websites and improve direct booking strategies. Despite this, smaller hotels often prefer to rely on third-party sites. The report also highlights differences in online booking behaviour among post-millennials, who are tech-savvy and form opinions based on an organisation's online presence and social media storytelling.
Updated on: Jul 26, 2024

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