After a number of profitable exits in each offline and on-line resort distribution, you possibly can say Bob Diener, president and co-founder of Travel Funders Network, has been there, performed that.
He was there and really a lot concerned within the early days of on-line resort distribution because the co-founder and president of Inns.com and later held the identical roles at Getaroom, earlier than selling it to Booking Holdings in late 2021.
Now Diener, alongside long-term enterprise companion David Litman, is increase Journey Funders Community as a B2B wholesaler for inns. In his phrases, “there’s all the time alternative.”
He spoke in regards to the enterprise throughout an interview within the PhocusWire studio at The Phocuswright Conference in Florida final month.
“At Journey Funders Community, we actually take a look at gaps within the market, what actually isn’t being touched as a result of we don’t need to compete with others within the market,” he stated. “We developed a singular community to deliver an actual worth proposition to our resort companions. Right here’s a brand new channel you may take part in that’s totally different, artistic, that’s progressive and that may deliver you new enterprise.”
Diener coated numerous floor in the course of the dialogue, from how it began with a call-center enterprise and later promoting to USA Networks (which later acquired a controlling curiosity in Expedia) to monetization alternatives for inns past promoting rooms and the expertise challenges that come alongside the chance.
He additionally touched on the position synthetic intelligence will play in resort reserving and had some recommendation for journey startups.
Watch the complete interview with PhocusWire senior reporter Linda Fox within the video beneath.
The Phocuswright Convention 2023 Govt Interview: Bob Diener