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RoomsTonite

Last-minute hotel booking provider
Startup Cemetery
GENERAL INFORMATION
Category:
Travel
Country:
India
Started:
2014
BUSINESS FAILURE
Outcome:
Bankruptcy
Cause:
Lack of Funds
Closed:
2017
FOUNDERS & EMPLOYEES
Number of Founders:
1
Name of Founders:
Suresh John
Number of Employees:
100-250
FUNDING
Number of Funding Rounds:
1
Total Funding Amount:
$1.5M
Number of Investors:
4

What was RoomsTonite?

RoomsTonite was a last-minute hotel booking app for people that decided to travel in or to India. It focused on listing hotels that had vacant rooms and could be filled on short notice. The app was free to download and could be found on the Apple and Google Store. The app specifically let people search and book rooms at a discounted price from about 4,000 hotels across 325 locations. The booked room was supposed to be filled on the same day or within 72 hours.

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Why did RoomsTonite fail and shut down?

The company had announced to have raised $1.5 million in funding but the payment probably was late to arrive or didn’t go as planned and the company struggled to continue its operations. Both versions of the app were taken down.

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