WB Hotels raises 40 million for the brand's development and growth

WB Hotels, India’s number 1 online tech-based hotel brand has raised INR 40 million from its existing investors and will be using the funds to enter new markets, strengthen senior leadership roles, and towards skill upgradation, AIML & RPA-based tech development. The brand is also eyeing to join the coveted 1 Lakh club by taking 1,00,000 rooms under their wing by 2023. This pioneering fraternity under the leadership of Chandan Pandey, Co-Founder & CEO and Aman Gupta, Founder hopes to provide support with HR, finance, and technology to every budget friendly hotel in the country. 

This revolutionary travel-tech company currently has 950+ Hotels, 20,000 + Rooms, 27+ States, and 150+ locations growing by the minute. Set out to optimize the online revenue of co-branded hotels, WB is an ingenious solution to tackle problems like losses in revenue, rising costs, and customer acquisition troubles. In addition to this, the brand also offers unique services that propel occupancy and efficiency with high-end technology. They have further eased this process by offering the hotel owners an opportunity to join WB Hotels without any joining fee.

WB has unique brand-level agreements with leading OTAs to help hotels with high-quality listings along with the skills and technology for improved visibility. In the WB program, all hotels are optimized with high-end technology to increase occupancy. It also provides real-time dynamic pricing and inventory management systems to achieve rate parity. These state-of-the-art features make the WB project an outstanding one. The start-up also plans to go public in the next four to five years. 

Sharing his vision and thoughts, Chandan Pandey, Co-Founder & CEO said, “WB hotels’ technology will resolve the real time problems of budget hotels. Since all the latest technology is beyond the reach of budget hotel owners, we are here to make them a part of the fastest growing travel technology revolution. The brand also boasts its own mobile app & websites to make hotel reservations effortlessly with the help of Artificial Intelligence & Machine Learning based rate fetching technology.”

WB is now everywhere. From the countryside abode of Hotel Vinit s by WB in Bhagalpur, Bihar to the hustle and bustle of Hotel Skyhy by WB in Hyderabad. From the serene scenes of Hotel Sahil by WB in Jammu to the holy place in Samastipur Kailash Inn by WB. The brand aims to connect beautiful people to beautiful places by globalizing incredible local hospitality.