About

The company in one sentence Make B2B contracting operations of small hotels efficient via automation digital transformation & AI Problem/Opportunity Currently, small hotels (SMEs) manage B2B contracts & payments are facilitated over the phone & email, resulting in a vast amount of stand alone documents, delays and millions of confused & disappointed travelers. These inefficient processes create a big and costly overhead to the involved parties, with travel agencies mainly paying for it directly (more personnel) and hotel owners indirectly through reduced profit margin and capacity utilization. - Average size hotels collaborate with 80-200 agencies, tour operators & excursion organisers - Stop Sales command should, but is not auto triggered by an over allocation indicator - Contract Agreements are based on door to door sales model

Solution & Product

Solution & Product NEPHELE transitions SME hospitality professionals to cloud based automation where B2B: i. Contracts ii. Bookings iii. Payments are managed and analyzed collaboratively, without mistakes in one place. Hotel owners and agencies get the financial benefits and peace of mind, leaving tourists happy and satisfied.

Innovation & Scalability

Innovation & Competitive Advantage NEPHELE transitions hospitality professionals to cloud based automation where B2B: i. Contracts ii. Bookings iii. Payments are managed and analyzed collaboratively, without mistakes in one place. Hotel owners and agencies get the financial benefits and peace of mind, leaving tourists happy and satisfied. - B2B hospitality marketplace & information integration of contracts and bookings - Analytics without blind spots, discovering insights - Visualise information to take your business further OUR A.I. TWIST - Data Platform will have supply and demand data of the services provided - Process All the available information will be processed by our algorithm. - Combine ADR Capacity Seasonality Service type Historic revenues Competition - Target Suggest pricing strategies to achieve feasible targets the user sets. - Achieve Revenue maximization A.I. revenue management service. Profit maximization via optimal ADR, offer price. our USP? an end to end B2B service optimising the travel industry’s booking and payment processes Scalability Worldwide, the tourism industry has experienced steady growth almost every year. International tourist arrivals increased from 528 million in 2005 to 1.19 billion in 2015. Figures were forecasted to exceed 1.8 billion by 2030. source:statista.com The Global Smart Hospitality Market is projected to grow at a CAGR of 13.14% during the forecast period.

Traction & achievements

The product is still in beta version receiving very good feedback from approximately 100 users / early adopters who are offering valuable information for building our MVP. -tMVP launch 2020 -> postponed for 2021due to covid19 -t2021 MVP onboard first 100 clients from Greek Market -tQ4 2021 Launch improved version and expand the team -t2022 reach 500 paying clients from Greek Market

Team & Why Us

Dr. Yiannis Sfakianakis holds a PhD in Computer Science and Machine Learning. He has worked both in Research and the software industry for more than ten years while he is a small hotel owner. Specialties: Programming, Machine Learning Ms. Konstantina Makri (MBA) is a Business Advisor with broad experience within the automotive and aviation industries as well as exposure to startup endeavors. Her knowledge across the different business functions (sales & marketing, IT, customer service and finance) enhance her ability of building sustainable business models. She holds an Economics and MBA degree and has enjoyed working in both multinationals as well as small size companies. Specialties: International Business Development, Entrepreneurship, Program & Project Management Mr. Lefteris Karatarakis Chairman and CEO of “Karatarakis Hotels & Restaurants S.A.”. More than 30 years of experience in hospitality industry and technology. Specialties: Hospitality industry expert.

Funding Needs

€500k over 18 months period to cover product development costs, hirings and marketing expenses.