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Develhotel.com Seeks to Bring Players Together Online

A new online service aims to bring all the participants in the lodging industry together via the Internet.

By Maria Wood | Updated on July 30, 2009

MADRID-Looking for a new partner in your hotel? Need financing to get a resort off the ground? Want to show the world the services your lodging company offers? Develhotel.com, a just-launched online marketplace, enables all parties in the hospitality business to come together via an Internet portal.

Based here, Develhotel.com is not a brokerage or consulting firm; instead, it charges users an annual fee to access its database or post information about a company or specific project. “Our company is not an intermediary as such, we are a facilitator,” says CEO Ivar Yuste. “The parties can interact amongst themselves.”

The subscription fee is €980 to showcase two assets and upload a company profile. To post information about a specific asset in an effort to find a new partner or operator or sell it, the charge is €480. So far, the website has just under 100 subscribers, a number Develhotel.com’s executives hope to double by year’s end. Users are all from all parts of the globe, Yuste points out.

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