2. Problem 2
“Gay couple turned away from B&B”
The Guardian 21/03/10
“Brighton hotel accused of turning away lesbian couple”
BBC 21/04/11
“Gay couple say London hotel denied them double room”
BBC 25/02/13
3. Solution
A web platform connecting LGBT travellers with LGBT hosts
Travellers + Hosts = Community
Save money Make money Safe environment
3
4. Market validation 4
$10 Billion
Airbnb valuation
1 Million
Airbnb properties listed
5-10%
% Gay travel to "
travel industry
5. Gay travel market 5
US
Europe
Global
$68 Billion
$200 Billion
$64 Billion
CMI Report 2013
7. Business Model
We take 15% commission on each transaction + $5 processing fee
$50
5,000 $250,000
Average fee Bookings 2010 - 2014 Revenue 2010 - 2014
7
11. Barriers To Entry 11
Gays and lesbians expect a welcoming environment
12. The Team 12
Dave Chambers
Craig Hough
Founder & CEO New business Administration & Bookings
Ian Kelly
Lawrence Allen
Choon Tan
Clarissa Oleary Xavi Asens
Advisor"
Co-Founder of Restalo
Social Media
Advisor"
Director of Egluu
Advisor & P/T Manager"
Director of City Warehouse
Apartment Hotel
13. Drivers To Growth 13
1. Increase website traffic
Unique visitors Revenue
Last year (FY3) 14,000 $86k
Post funding (FY6) 200,000 $1.7m
2. Increase accommodation stock
Rooms / Apartments Revenue
Last year (FY3) 1,500 $86k
Post funding (FY6) 30,000 $1.7m