Cycle Cities OTA participation and investing

Our idea is to start our own OTA where we control the data and can offer a lower commission per booking. An OTA where you are the owner and partner, not the customer. As well, we need to grow together to protect ourselves against competitive threats, specifically OTAs and chain operators.

We are currently in touch with a marketing agency (Chris Torres) to help us determine what will be needed financially to achieve our defined goals. At least one other agency will be involved to ensure due diligence.

As for the technical setup, we envision using the existing CC website or similar for bookings that will then be routed into your booking systems, making the customers and their data yours.

Our tentative thoughts on the business setup are to have 5-6 large active investors and the rest as passive investors, though still with representation. This is to ensure that decisions can be made. Every investor, small or large, will gain specific benefits from their investment, including monetary ones.

For the above, we need information from you as operators and potential investors. We have set up this questionnaire, that we hope you will answer as soon as you can.