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HotelOil

HotelOil Revenue

HospitalityFlag of USSouth Jordan, Utah, United States1-10 Employees

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HotelOil revenue & valuation

Annual revenue$85,555
Revenue per employee$86,000
Estimated valuation?$273,776
Total fundingNo funding

Key Contact at HotelOil

Flag of US

Tyler Welker

Owner

Company overview

HeadquartersSouth Jordan, Utah, United States
Website
NAICS72
Founded2020
Employees1-10

About HotelOil

HotelOil is a digital ad company exclusively for the hotel industry. After being in the hospitality management and development world for over 15 years, and running digital ads for Marriott branded hotels for the past 4 years, HotelOil was born out of necessity to get partnered hotels back on track. "2020 was a historic month for the hospitality industry" Says Welker, the founder of HotelOil. "While many properties struggled throughout 2020, and don't get me wrong, my properties did as well... but we were able to ease the burden done by the pandemic through strategic adspend. I looked at STR reports and made sure we weren't overspending or not being competitive enough with other hotels in the comp set. Overall, I was able to generate north of a million in revenue at an 11.2x return for 2020, and in 2021 have already generated 80% of revenue what we did in 2020 total (as of Q1, 2021)" HotelOil Makes pricing fair. We understand the margins in hospitality and have made everything fair and transparent. We don't make money unless you make at least a 6x return. Sign up on our website for a free consultation.

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Founder/Owner

Funding Data

HotelOil has never raised funding before.

Frequently asked questions

HotelOil is located in South Jordan, Utah, US.
HotelOil generates an estimated annual revenue of $85,555. This revenue figure reflects the company's market position and business performance in its industry.
HotelOil has an estimated valuation of $273,776. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
HotelOil was founded in 2020, making it 6 years old. The company has established itself as a significant player in its industry over this time.
HotelOil has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

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