Unlocking 'Free Cash' in Business?

See How This Startup Raised $26M!

458 Words | 1 min 53 Sec Read

🚀 The Genius Behind The World's Best Business Model

Picture this: A startup technique that unlocks free revenue, without any additional work.

Seems like a fairy tale? It's not.

This method has been tapped into by the likes of Uber, Airbnb, and Postmates.

And now, a fresh startup has jumped onto this bandwagon and raised an impressive $26M.

Let's dive in.

🔍 The Common Thread: Connect & Earn

What do Uber, Airbnb, and Postmates share in common?

They all link underused resources to those in need, without actually owning these assets.

For instance, Airbnb might introduce you to someone's vacant home while owning no property itself.

This model lets firms like Airbnb “borrow” these resources at no cost, paving the way for a unique customer experience.

The ripple effects?

Not only does it churn out cash from previously idle resources, but it's also an economic booster.

🏨 The $26M Startup: Unlocking Hotels & Resorts

Enter the scene: ResortPass.

Most of us have noticed how hotel amenities, like pools, gyms, and spas, are underused. And there’s a whole bunch out there wishing to indulge in these without spending on a room.

ResortPass identified this gap and created a platform for hotels to offer day passes to their amenities.

Their strategy? Work hand-in-hand with hotels, fix a price, and pocket a portion from each booking.

Imagine living in Miami, eager for a pool day with friends but lacking access.

With ResortPass, you can snag a day pass at a posh hotel, maybe even rent a cabana, all without a room booking.

The hotel, in turn, enjoys almost free revenue with zero extra effort.

📈 Recession-Proof & Profitable

Not only is it ingenious, but it's also recession-friendly:

  • Hotels get that extra boost during off-seasons.

  • Guests get a luxe experience without burning a hole in their pocket.

But ResortPass's brilliance doesn’t stop here. They’re also crafting the software hotels need to manage these day guests, earning from both the visitor fee percentage and the hotel subscription for the software.

Some numbers to ponder:

  • 900+ hotels (with names like Ritz Carlton and Four Seasons on board)

  • Over 1.6M users have enjoyed day passes.

  • A whopping $26M raised recently, with celebrity investors like Jessica Alba and Gwyneth Paltrow.

💡 The Three-Way Win

Platforms like ResortPass redefine success:

  • Users relish newfound experiences.

  • Companies discover an auxiliary revenue channel.

  • The platform grows by bridging the two, sans any facility investments.

Given the triumph of Uber, Airbnb, and Postmates, it won’t be surprising to see ResortPass joining this league soon. It leaves us pondering - what other goldmines like this might we be missing out on?

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