Hotels by Day
Hotels by Day

Next into the tank are Yannis Moati and Brian Dass of Hotels by Day, seeking $750,000 for 10 percent equity.

Hotels by Day makes it convenient to book a day room at a hotel. Whether it be for a daycation or a day of shopping in the city, the app and website can help make it simple to book a hotel room in cities across the world. According to their website, “Day stay hotels can provide flexibility: hotel day rates are 60% cheaper that night rates, making booking a day room very smart.” Their mobile app can pinpoint a customer’s location, sort hotels by price or time bands, checkout and confirm the booking all in a few simple steps.

The sharks question why other systems can’t just add that feature or technology themselves, which is where convenience comes into play. They take a fraction of hotels’ inventory and offers it to potential customers. Robert Herjavec doesn’t see it as proprietary and guest shark Chris Sacca doesn’t buy into their system “hack.”

Sacca sees it as a problem that needs solving, but wasn’t impressed with their answers or business model so goes out. Mark Cuban and Herjavec go out as well, followed by Kevin O’Leary and Lori Greiner, who sees it as a puzzle with too many missing pieces so goes out. Ultimately, they fail to get a deal.

Social Media Reacts to Hotels by Day’s Appearance on “Shark Tank”

Each week on “Shark Tank,” budding entrepreneurs have the opportunity to pitch their emerging business to six multi-millionaire and billionaire investors, known as sharks: Mark Cuban, owner of the Dallas Mavericks; Daymond John, fashion mogul and founder of FUBU; Kevin O’Leary, self-proclaimed Mr. Wonderful and founder of O’Leary Financial Group; Barbara Corcoran, real estate maven; Lori Greiner, queen of QVC; and Robert Herjavec, technology guru and founder/CEO of the Herjavec Group. Venture capitalist Chris Sacca is also slated to appear as a guest shark this season.

“Shark Tank,” which is based on “Dragons’ Den,” is produced by Mark Burnett and first debuted in 2009. To date, the sharks have invested more than $87 million in various companies after engaging in numerous bidding wars and shark fights. A new episode airs each Friday at 9 p.m. on ABC.

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