Company profile: Corporate Rates Club
1.1 - Company Overview
Company description
- Provider of an online hotel booking and central billing platform offering corporate rates across 750,000 accommodations with integrated reviews; a free online statistics tool with Excel downloads; interfaces to integrate CRC rates into online booking engines for centralized booking and billing; and hotel purchase support via the Ratefinding tool, available self-service or with managed contract negotiation.
Products and services
- Central Billing: Consolidated service supplying unified billing for hotel services, eliminating individual receipts and producing detailed invoice data for streamlined corporate accounting
- CRC Hotel Booking Platform: Online platform delivering access to 750,000 accommodations worldwide with corporate rates, advanced hotel search functionality, and integrated user reviews for informed booking decisions
- Integration into Online Booking Engines (OBE): Interface-based integration enabling CRC rates within various OBEs, allowing centralized booking and billing through existing corporate travel platforms
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Corporate Rates Club
Helijet
HQ: Canada
Website
- Description: Provider of aviation services as a Canada-based company, operating a fleet of over 20 aircraft.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Promovacances
HQ: France
Website
- Description: Provider of travel agency services offering affordable travel packages across Europe, the Caribbean and Asia; competitive flight booking including low-cost options; last-minute deals; all-inclusive stays covering accommodation, meals and activities; cruise packages with Caribbean itineraries; and short weekend getaways.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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PlacePass
HQ: United States
Website
- Description: Provider of a digital marketplace that helps travelers find, compare, and book great things to do in any destination.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Priceline
HQ: United States
Website
- Description: Provider of an online travel agency platform that lets travelers compare prices and book flights, hotels, rental cars, vacation packages, and cruises, with access to deals and discounts. Offers Cheap Flight Deals, Hotel Deals, Rental Cars, Vacation Packages, Cruises, and American Forces Travel for military and DOD civilians with exclusive travel deals and benefits. Part of Booking Holdings Inc.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Priceline company profile →
Localyte
HQ: United States
Website
- Description: Provider of a platform connecting travelers with local people ("Localytes") in travel destinations, featuring a community of over 30,000 Localytes. Offers the Localyte App for local businesses to sell gift cards and tickets, schedule events, and communicate with local consumers, plus a Marketing Delegate Program to onboard clients, craft messages, and advise on features to engage customers.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Localyte company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Corporate Rates Club
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Corporate Rates Club
2.2 - Growth funds investing in similar companies to Corporate Rates Club
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4 - Top valuation comps for Corporate Rates Club
4.2 - Public trading comparable groups for Corporate Rates Club
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