{"id":13183,"date":"2013-05-07T10:00:00","date_gmt":"2013-05-07T08:00:00","guid":{"rendered":"https:\/\/www.rudebaguette.com\/?p=13183"},"modified":"2013-05-07T10:00:00","modified_gmt":"2013-05-07T08:00:00","slug":"verylastroom-raises-400ke-to-bring-its-last-minut-hotel-reservation-service-to-every-town-in-france","status":"publish","type":"post","link":"https:\/\/www.rudebaguette.com\/en\/2013\/05\/verylastroom-raises-400ke-to-bring-its-last-minut-hotel-reservation-service-to-every-town-in-france\/","title":{"rendered":"VeryLastRoom raises 400K\u20ac to bring its last-minute hotel reservation service to every town in France"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignright size-medium wp-image-13184\" alt=\"VeryLastRoom_Small\" src=\"https:\/\/www.rudebaguette.com\/assets\/VeryLastRoom_Small.png\" width=\"300\" height=\"214\" \/>Founded by <a href=\"http:\/\/www.linkedin.com\/in\/nicolassalin\" target=\"_blank\" rel=\"noopener\">Nicolas Salin<\/a>, <a href=\"http:\/\/verylastroom.com\" target=\"_blank\" rel=\"noopener\">VeryLastRoom<\/a> announced last week a seed round of funding of 400,000\u20ac in order to spread VeryLastRoom to every city, town &amp; village in France. The service offers users the ability to choose between 50-60 hotels in a given city for a last-minute reservation, taking advantage of a hotel&#8217;s leftover rooms, as well as the rising desire for last-minute travel, made possible by web and mobile applications offering last-minute travel discounts. To incite users, VeryLastRoom starts each day at noon with a price on each room, and prices drop .01\u20ac at a time, meaning the longer a user waits, the cheaper the room is; however, since there is a limited supply of rooms, the Vente Priv\u00e9e style flash-sale mentality is used to incite purchase.<\/p>\n<p>VeryLastRoom counts today over 450 hotels on its service each day in France &#8211; founder Nicolas Salin laughed that, among competitors, they have the highest ration of funding to hotels offered, a reference to their American competitor, HotelTonight, who launched in France recently during its European expansion. Of course, there is a certain advantage to being local when dealing with local deals &#8211; daily deals sites like Groupon (who <a href=\"http:\/\/techcrunch.com\/2010\/05\/16\/groupon-invades-europe-with-acquisition-of-citydeal\/\" target=\"_blank\" rel=\"noopener\">purchased their German equivalent CityDeals<\/a>) and LivingSocial (<a href=\"http:\/\/venturebeat.com\/2011\/06\/01\/livingsocial-buys-frances-dealissime-gaining-on-groupon-yes-and-no\/\" target=\"_blank\" rel=\"noopener\">who purchased their French equivalent Dealissime<\/a>) are examples of the necessity for a local skill set.<\/p>\n<p>With this round of\u00a0funding, VeryLastRoom hopes to bring its popular iPhone application to Android, as well as keep on-boarding hotels and users to the service.<\/p>\n<p>While Salin chooses to distinguish himself from his competitors &#8211; the aforementioned\u00a0HotelTonight, Justbook ou Blink &#8211; through their different product features (descending price tags, quantity of rooms available per day, etc.) &#8211; I think the most interesting one is his nationality. He is building a French service for French travelers in France, and that might just give him a leg up on the competition &#8211; in France at least. It seems that Salin does not have grand ambitions of building VeryLastRoom out across the globe &#8211; despite the company&#8217;s\u00a0distinctly\u00a0unfrench name &#8211; that may be a result of being beaten to other markets, or it may be a result of the hotelier market size in France, whose capital is still the most visited city in the world.<\/p>\n<p><em>You can download VeryLastRoom on iPhone <a href=\"https:\/\/itunes.apple.com\/fr\/app\/verylastroom-hotel-booking\/id533146853?mt=8\" target=\"_blank\" rel=\"noopener\">here<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Founded by Nicolas Salin, VeryLastRoom announced last week a seed round of funding of 400,000\u20ac in order to spread VeryLastRoom to every city, town &amp; village in France. The service offers users the ability to choose between 50-60 hotels in a given city for a last-minute reservation, taking advantage of a hotel&#8217;s leftover rooms, as<\/p>\n","protected":false},"author":77,"featured_media":13184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"subtitle":"","footnotes":""},"categories":[10563],"tags":[],"class_list":["post-13183","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tech"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/13183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/comments?post=13183"}],"version-history":[{"count":0,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/13183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media\/13184"}],"wp:attachment":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media?parent=13183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/categories?post=13183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/tags?post=13183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}