“Risk comes from not knowing what you're doing.” Warren Buffet
OTA – VC FUNDING & EXITS Online Travel Agency (OTA)
VC Funding
Sale Price
$77 M
$110 Billion*
$60 M
$3.6 Billion
$100 M
$1.8 Billion
$270 M
$1.3 Billion
$55 M
$1.2 Billion*
$140 M
$440 Million
$162 M
$1.5 Billion
$60 M*
$1.1 Billion
Averages (not including Priceline/Booking)
Current Travel Agency Launches $409 M (Mews raises $185M December 2022)
$1.3 Billion Valuation
$185 M $860 Million Target Funding
Valuation
$100 M
TBD
Target Funding
Target Sale Price
INNOVATIVE DESIGN
Home Plan Share Trip Search Savings
THE LAUNCH PLAN MVP •
Launch the minimal viable product (MVP) in Florida from JanMarch 2024
AB Testing Utilize AB testing to analyze our advertising and campaign results Jan-Mar 2024
Traveler Feedback •
Leverage early adopter data within the app through analytics and in app user feedback
Venture Capital Funding •
Once the MVP is finished in March our Venture Capital funding will commence in April of 2024
Phase II Launch •
Launch phase II expansion in the summer of 2024 to include four additional features
HISTORY & PROOF OF CONCEPT • 41 Year History 1982 – 2023 • Sold in December 2000 for $39.7 Million* • $500,000,000 in advertising revenue • One Billion guides distributed in US • Freeway dominance (25,000 locations)** • Over 6,000 Hotels adverting in US** • Reacquired by Steve Lewis in 2022
* Both yellow & green guides ** At its peak
TIMING FOR TRAVELERS IS PERFECT Road Trips Continue To Rise •
Road trips have been on the rise for the past 10 years and 87% of US miles traveled in 2022 were traveled by car.
Inflation & Economy •
Inflation can impact the cost of hotel stays and overall travel cost, travelers look to tighten their travel budgets. Hotel Coupons thrives in a tight economy!
Travelers Want To Save Money •
According to CNBC, 92% of travelers want deals on travel and according to a recent Hotel Coupons user poll, they want more than just hotel deals.
Void in the Market •
The demise of print media has left travelers struggling to find deals along US highways and freeways.
Today’s Consumer Wants It Fast & Now •
Drive gives travelers everything they need to plan a vacation, setup a budget, save money and create the ultimate road trip experience.
TIMING IS HOTELS IS PERFECT Lower Booking Fees (10% model) ▪
Hoteliers take all the risk, do all the work and OTA’s take all the profits.
Experts at Selling Last Minute Rooms ▪
Smart Hoteliers understand the value of selling last minute rooms and increasing revpar, no one does that better than Hotel Coupons.
Target Drive Market Travelers ▪
87% of travel miles traveled in the US last year happened by automobile, yet there is no method to target these travelers.
Simple – Secret – Live Reservations ▪
The days of based on availability are over, all rates are 100% guaranteed and bookable. All our rates are private live rates and the discounts 5% to 20% off online rates.
Sign-up 10,000 Hotels (1st Year Free) •
To accelerate hotel sign-ups we will offer the first year for free.
THE DREAM TEAM Founder & CEO – Steve J. Lewis • • •
Entrepreneur with 33 years experience Drive market traveler expert Sold Hotel Coupons in $14.7 M
President - Confidential • • •
Proven Leader 15 Years experience Hospitality Technology Expert
Chief Operating Officer – David Cushman • • •
President, General Manager & Distribution at Hotel Coupons 20 Years experience 2003-2023 Highway distribution expert
Chief Technical Officer – Alkis Pananakis • • •
Sr. Product UI/UX Designer 9 Years mobile app experience Einstein Green Card by US Government (Top 1% Worldwide)
Venture Capital Consultant – Joe Clark • •
Successful Founder & Board Advisor 20 Years experience in Venture Capital Funding
Drive Team Staff (18) • • • •
Production Mgr. Tim 25 years Major Accounts Nancy 20 years Client Services Kathie 20 years Philippine Staffing is at 50% capacity
MARKETING PLAN MOBILE APP STORE ADVERTISING •
60% of mobile app downloads come from users searching on Apple & Android Stores.
SOCIAL MEDIA INFLUENCERS •
Hire the top 5 Social Media travel influencers and target travelers headed to Florida on TikTok, Facebook, X & Instagram.
SOCIAL MEDIA •
Advertise and target travelers headed to Florida on TikTok, Facebook, X & Instagram.
VISITOR & WELCOME CENTERS •
Setup and promotional booths at visitor and welcome centers at the entry points to Florida.
QR CODE BILLBOARD MARKETING •
Southbound billboard campaign along Georgia's 95 & 75 freeways.
HOTEL COUPON ADVERTISING •
Target southbound travelers to Florida in six regional coupon guides & with 2,500 freeway based QR codes.
FUNDING & CORPORATE STRUCTURE Funding Cycle • • •
Round 1: Seed Capital ($1.3 M closes 01/15/2024) Round 2: Angel-VC ($25 M opens 04/01/2024) Round 3: $25-50 M (to be determined)
Use of Funds • •
Part of the funds will be used to increase marketing for the Florida MVP The balance will be used to cover 2024 expenses and losses (-$30,000 per month loss)
Capital Raised • •
To date we have raised $800,000 from three investors We are raising another $100,000 to $500,000 of seed capital
Corporate Structure • •
Each investor or group of investors is setup with an LLC, that LLC has one managing member The LLC’s own their stock in the Delaware C-Corp
PROJECTED REFERRAL ROI
Sale Price $100 Million $300 Million $500 Million $ 1 Billion Sale Price $100 Million $300 Million $500 Million $ 1 Billion Sale Price $100 Million $300 Million $500 Million $ 1 Billion
$125,000 INVESTMENT Referral Current Referral ROI Shares Value 10,000 $6,667 $100,000 10,000 $6,667 $300,000 10,000 $6,667 $500,000 10,000 $6,667 $1,000,000 $250,000 INVESTMENT Referral Current Referral ROI Shares Value 13,000 $8,478 $130,000 13,000 $8,478 $390,000 13,000 $8,478 $650,000 13,000 $8,478 $1,300,000 $500,000 INVESTMENT Referral Current Referral ROI Shares Value 16,000 $10,000 $160,000 16,000 $10,000 $480,000 16,000 $10,000 $800,000 16,000 $10,000 $1,600,000
*Hotel Coupons LLC & Drive Enterprises Inc., assumes no responsibility or liability for any errors, omissions or assumptions in the content of this pitch deck. The information contained is provided on an "as is" basis with no guarantees of completeness, accuracy, usefulness or timeliness.
Investors Potential Return
POTENTIAL SALE AMOUNTS Return on Investment Scenarios Sale Prices $125,000 $250,000 $500,000 Drive* $100 Million $300 Million $500 Million $ 1 Billion
$1.5 M $4.4 M $7.4 M $14.9 M
$4.3 M $13.5 M $22.7 M $45.7 M
$7.5 M $23.5 M $39.5 M $79.5 M
INVESTMENT Drive* Investment Amounts Shares Ownership % Board Seat
Return on Investment Scenarios $125,000 $250,000 $500,000 180,000 400,000 900,000 1.8% 4.0% 9% N/A N/A Yes
*Hotel Coupons LLC & Drive Enterprises Inc., assumes no responsibility or liability for any errors, omissions or assumptions in the content of this pitch deck. The information contained is provided on an "as is" basis with no guarantees of completeness, accuracy, usefulness or timeliness.
“This is one road trip you won’t want to miss” Steve J. Lewis
CEO & Founder Drive & Hotel Coupons M: (619) 922-8439 slewis@driveenterprises.us