A marketplace that will be launched in January 2013, and that enables you to buy and/or sell you prepaid hotel rooms!

1. "A market place for travelers to
buy and sell prepaid rooms"
by @CJuppet

2. What is it, and why should you care?
Travtar is a new marketplace where one
can buy or sell prepaid hotel rooms...
what does it mean?
Imagine that you booked your hotel room
several weeks in advance because you had
to participate in a fair in Paris;
unfortunately, you can't attend the fair
anymore... and the hotel cancellation
policy states that you can't be refund!
Then what alternative do you have? You
connect on travtar and you just sell your
room to someone who would like to stay in
the same hotel on the same period!
It's as simple as that!

3. Is this concept brand new?
We found that startup while surfing on Techcrunch (video of the founders'
interview), and the company is supposed to be launched in January 2013.
BUT we found out they had a competitor: Hallst.com, "Peer to peer hotel
room trading"!
And we wondered about the main differences between these two concepts; as
Travtar is not launched yet, we can't really determine all the benefits of the
concept - but I personally think that Travtar marketplace is easier to use and
less complex than Hallst.com!
vs.

4. Travtar vs. Hallst.com
On Hallst.com:
- guests can negotiate room rates with hotels;
- rooms offered are non breakfast included and non-refundable;
- when you offer a price to a hotel or another guest, your offer is maintained
for 24 hours, and you are charged with the service fee only if your offer is
accepted from the seller or the hotel;
- when you sell a room you are paid only 15 days after the operation, via
Paypal only;
- you can share your room offers on Facebook and Twitter!
// On Travtar, the selling process is supposed to be free, but the company
takes 10 to 15% commission on each seller.

5. What about hoteliers side?
As FMKRS, and while talking about it with my colleagues, we thought about
the difficulties that could be encountered from the hoteliers side:
- booking agents and receptionists will have additional work when receiving
last minute updates and profile modifications on the initial booking;
- during high season, when a guest cancels his stay, the hotel will benefit
from an additional revenue generated by a second different booking on the
same room, because it is a most wanted date;
- basically, hoteliers won't lose money, but they will not be able to really
increase their revenue in case of cancellation or no show.
One can say that it's better to have someone else in the room than an empty
room - but it's better to have a second high priced booking on the same room
than a booking modification that will only bring ancillary revenue like
minibar!

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