ResortPass Sees Record Growth Fueled by Experience Economy and Redefines Guest Revenue Opportunities for Hotels & Resorts
The gold standard in hotel and resort guest day passes enters 2020 with the momentum of expanded partnerships, investment rounds, and record sales performance
Santa Monica, California - ResortPass, the leading day-guest program for US-based luxury hotels and resorts today announced that 2019 was a record-breaking year of growth and 2020 is continuing on this wave.
The Santa Monica-based company that offers day passes to hotels and resorts recently raised Series A funding from top-tier Silicon Valley venture firms who have backed tech companies such as Uber and Doordash. They have also expanded partnerships with Kimpton, Rosewood, Hyatt, Omni Hotels, Loews, Fairmont, Hilton, Innisfree, Highgate, Sydell Group, Trust Hospitality, SBE, Host Hotels, and others. ResortPass has now welcomed over 300 hotel partners across 24 U.S. states and is on track to triple this number in the next 12 months.
As the leaders in ancillary profit, driving inventory sales at a margin in excess of 90%, ResortPass enables hotels and resorts of all sizes and types to monetize under-utilized amenities and services such as spas, cabanas, and pool access. Hoteliers maintain full control over inventory and pricing, with the ability to tailor exposure based on seasonality and demand. With no upfront fees and a pay-per-performance model, the day guest provider has presented hotel partners with sales of over $500,000 per year, with an average increase of 59% per year, and marketing growth reaching 300%.
"We're changing the way guests think about hotels, and how hotels view both their guests and their non-overnight assets," explains Amanda Szabo, Founder and CEO of ResortPass. "We have set out to create an unrealized revenue channel for hotels and a brand new experience opportunity for consumers. Over the past three years, ResortPass has invested millions in marketing and technology to provide a profitable, game-changing ancillary revenue stream for over 300 hotel partners across the United States. Day guests are the ideal leisure hotel guest. They book specifically to enjoy the hotel amenities and they spend a significant amount on-site on outlets like F&B."
Other milestones for ResortPass include:
- Increased presence in top US regions by 200%
- Achieved 3X year-over-year user growth
- Welcomed top industry veteran Flo Luigi as a hospitality advisor
- Expanded the engineering team and developed a build-and-test process to respond to customers faster and increase the speed of innovation
- Received nearly 2,000 reviews on TrustPilot with an Excellent Rating of 4.5/5
- Featured in The New York Times, Afar, Good Morning America, and Forbes
- Partnered with Rakuten to boost affiliate sales and raised awareness of the new "day guest" experience, with a 180% increase in website traffic
Fueled by the experience economy and the rapidly evolving accommodations market, ResortPass has introduced a new solution to hotels, where they are no longer limited to monetizing amenities to overnight guests. ResortPass is shifting how people experience hotels to a place of leisure for family and friends to enjoy a "daycation," and a place that offers an escape from daily life for relaxation, wellness, and self-care.
Amanda adds, "Our success is driven by the results our clients have seen in terms of revenue. Since many overnight guests don't spend their entire stay on property, hotels and resorts can tap into the day pass guest, where reservations average $250, including F&B. Segmenting out amenities, and making them available to book, drives an easy new channel from local residents looking for a day getaway, visitors staying at an Airbnb nearby, or even overnight guests who want to add extra experiences during their stay."
About ResortPass
ResortPass is an online booking platform for access to resorts and hotels for the pool, spa, fitness, and activities. Locals and travelers can enjoy leisure amenities at amazing hotel properties without needing to book a room. Our Day Guest Program provides the entire system for hotels to benefit from a significant new revenue channel: inventory & pricing management, online booking, revenue data & reporting, marketing, and full guest support. With over 350 hotel partners and growing across top brands such as Hyatt, Marriott, Four Seasons, Hilton, Fairmont, Ritz-Carlton, and many more, we are on the forefront of not only a shift in the hospitality industry but in creating a new category of how people enjoy time with family and friends, as well as those looking for some solo me-time.
A fast-growing Silicon Valley venture-backed startup based in sunny Santa Monica, blocks from the beach, we are excited to bring the "daycation" experience worldwide.
To learn more, please visit https://resortpass.com/.
Lama Kanj
PR Manager Puzzle Partner