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ResortPass, backed by Jessica Alba and Gwyneth Paltrow, lands $26M so you can take a daycation

TechCrunch LogoTechCrunch3 mo ago

ResortPass, backed by Jessica Alba and Gwyneth Paltrow, lands $26M so you can take a daycation - TechCrunch

Quick Summary:

The rationale is that ResortPass provides a new revenue stream for these hotels, by giving them a way to allow for more guests – on a per day basis.

As COVID-19 pandemic restrictions have eased and people are eager to make up for lost time, the company says it has seen a surge in business with a 100% increase in gross booking volume so far in 2022 compared to 2021.

To fuel that geographic expansion, ResortPass is announcing today that it has raised $26 million in a Series B funding round co-led by Declaration Partners and 14W, bringing its total raised to $37 million.


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Article Details

Author / Journalist: Mary Ann Azevedo

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-30 @ 16:02:21 (3 months ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1089 words

Reading Time: 7 minutes read

Sentences: 40 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 2061878

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