Sweet Inn News
5 articlesÉvasion - Vacances urbaines et françaises
growth-positive
Sweet Inn Revolutionizes Apartment-Hotel Concept Through Cutting-Edge Technology for Guests
Israeli apartment-hotel company, Sweet Inn, is investing in unique technological applications to enhance its customer experience. The company has launched a mobile app that allows users to book apartments directly and explore cities using the apps personal concierge. The app also offers additional services such as airport transfer, grocery and breakfast delivery, housekeeping, and more. The company is also transforming its apartments into smart homes by installing Nukis Smart Locks, allowing guests to self-check-in and check-out via the app. The company aims to provide more control, transparency, and independence to its customers.
CustomersInvestmentExpand
growth-positive
Sweet Inn partners with Fornova, taps Machine Learning to dynamically price its 500 apartments
Sweet Inn has announced a partnership with Fornova to build its own Revenue Management System (RMS) and leverage Distribution Intelligence. The partnership will enable Sweet Inn to optimize the pricing of its properties and extend Fornovas platform to scan the vacation rental market. Sweet Inn has invested heavily in data analysts and machine learning experts to work on the new dynamic pricing platform. The vacation rental market is projected to reach $169.7 billion by 2019. Fornova will provide data accuracy and scale to help Sweet Inn deliver the best-in-class RMS for its apartments. Sweet Inn operates in 10 major cities and offers over 450 apartments.
Partners
growth-positive
Who Benefits From The Fierce Airbnb, Booking.com Rivalry?
Sweet Inn, a hospitality brand specializing in upscale apartments, is experiencing significant growth in the vacation apartments market. The company aims to provide a personalized hotel-like experience for travelers. Sweet Inns unique selling point is its local teams stationed in every city where they operate, offering unparalleled care and service to guests. The company has grown 100% year-over-year, raised $22 million in funding, and expanded to 10 cities. Sweet Inn faces competition from companies like Sonder, StayAlfred, and Airbnb, which recently launched Airbnb Plus. However, Sweet Inn believes its local teams and comprehensive control over the guest experience set it apart from competitors. The article highlights the importance of identifying unmet client needs and building actionable solutions to thrive in the evolving hospitality industry.
CustomersPartners
growth-positive
Resort suite booking co Sweet Inn raises $22m
Israeli resort suite booking company, Sweet Inn, has raised $22 million in a funding round led by Qumra Capital. The company, founded in 2014, offers tourists the opportunity to book high-quality suites online in various cities. The funds raised will be used to expand operations in Europe, increase the number of rooms offered in existing cities, and enter new cities such as London, Amsterdam, and Milan. Sweet Inn also plans to venture into the US market in the next two years. The company currently operates 350 apartments under a distributed hotel model and offers additional services to guests. The investment represents a new type of venture capital investment that focuses on the technological robustness of non-inherently technological products.
InvestmentExpand
