Hotels By Day Shark Tank Net Worth

Hotels By Day, founded by Yannis Moati and Brian Dass in 2015, has a current net worth of $4.5 million as of 2023. They appeared on Season 8 of Shark Tank in 2017, seeking an investment of $750,000 for 10% equity.

Although they did not secure a deal due to a higher valuation, Hotels By Day has achieved significant success and is generating an annual revenue of $6.7 million. The founders have a combined net worth of $4.5 million as of 2023.

Key Takeaways:

• Hotels By Day has a net worth of $4.5 million as of 2023.
• They appeared on Season 8 of Shark Tank in 2017.
• Hotels By Day sought an investment of $750,000 for 10% equity.
• The company generates an annual revenue of $6.7 million.
• The founders have a combined net worth of $4.5 million as of 2023.

Hotels By Day Shark Tank

Hotels By Day is revolutionizing the way we think about hotel stays with their innovative concept. This unique hotel booking app allows customers to book hotel rooms for a few hours or a day only, catering to those who require short-term accommodations during the day.

Whether you need a space to rest, freshen up, or conduct business, Hotels By Day offers a convenient and affordable solution.

With Hotels By Day, you have the flexibility to choose your check-in and check-out times based on your needs. This means you no longer have to pay for an entire night’s stay when you only need a few hours in a hotel room.

It’s the perfect option for business travelers who need a quiet space to work, tourists who want a place to relax and recharge between sightseeing, or locals who need a day-use hotel for various purposes.

Hotels By Day offers a wide range of room types and amenities in over 200 cities worldwide. From luxury hotels to budget-friendly options, there’s something for everyone.

The app makes it easy to search for the best hotels by day, ensuring you find the perfect fit for your needs. Whether you’re looking for top hotels for daytime stays or affordable day hotels, Hotels By Day has you covered.

Benefits of Hotels By Day:

• Flexible booking options for short-term stays during the day
• Convenient and affordable solution for business travelers, tourists, and locals
• Wide range of room types and amenities available
• Over 200 cities worldwide
• Easy-to-use app for seamless booking

Experience the convenience and affordability of Hotels By Day for your next day stay. With their unique concept and wide range of options, you’ll find the perfect hotel for your needs, whether you’re traveling for business or leisure.

Hotels By Day	Benefits
Flexible booking options	Choose check-in and check-out times based on your needs
Wide range of options	From luxury hotels to budget-friendly options
Convenient and affordable	Perfect for business travelers, tourists, and locals
Global availability	Over 200 cities worldwide

Hotels By Day on Shark Tank

Hotels By Day had the opportunity to pitch their unique concept on Season 8, Episode 17 of Shark Tank. During their appearance, they sought a $750,000 investment in exchange for 10% equity in their company, valuing it at $7.5 million.

The founders presented their innovative idea of allowing customers to book hotel rooms for short durations during the day, highlighting the potential benefits for both hotels and customers.

Despite their compelling pitch, the Sharks were not convinced to invest due to the higher valuation. However, the exposure from their Shark Tank appearance resulted in increased recognition and bookings for Hotels By Day.

The founders’ determination and belief in their concept have propelled them forward, allowing them to continue growing their business and making their unique offering available to customers around the world.

Although they did not secure a deal on Shark Tank, the appearance on the show served as a valuable platform for Hotels By Day to showcase their innovative approach to hotel accommodations. It allowed them to reach a wide audience and generate buzz around their brand.

The exposure received from Shark Tank has undoubtedly contributed to the success and growth of Hotels By Day, solidifying their position in the market as a convenient and affordable option for day stays.

Shark Tank Valuation Comparison

Company	Valuation	Investment Offered	Equity Offered
Hotels By Day	$7.5 million	$750,000	10%
Shark Tank Average	$5 million	$350,000	15%

The table above provides a comparison of Hotels By Day’s valuation and investment offering on Shark Tank with the average valuation and investment offering on the show.

While Hotels By Day had a higher valuation than the average, their requested investment amount and equity offering were in line with the typical deals made on the show.

This highlights the confidence the founders had in their business and its potential for success.

Hotels By Day Founders and Accomplishments

Let me tell you a bit about the founders behind Hotels By Day, Yannis Moati and Brian Dass. These two visionaries have an impressive background in the hospitality and travel industries, bringing their expertise to revolutionize the concept of day stays.

Yannis Moati, with over 20 years of experience in the industry, has worked in various roles at hotels and travel companies.

His deep understanding of the hospitality landscape has been instrumental in shaping Hotels By Day into a successful venture.

Brian Dass, a talented software engineer with a decade of experience, including working at tech giants like Google, brings his technical expertise to ensure a seamless user experience on the Hotels By Day mobile app.

Together, Yannis Moati and Brian Dass have achieved remarkable milestones with Hotels By Day. Their innovative concept of booking hotel rooms for short durations during the day has not only gained recognition but has also created a win-win situation for both customers and hotels.

They have successfully launched the Hotels By Day mobile app, which offers users a convenient and affordable way to book day stays in over 200 cities worldwide.

In addition to their achievements with Hotels By Day, the founders have expanded their services to include WorkDay Pass, catering to the growing demand for remote workspaces.

Their entrepreneurial spirit and strategic partnerships have allowed them to collaborate with over 450 hotels across the United States, providing customers with a diverse range of options for their day stay needs.