“Risk comes from not knowing what you're doing.” Warren Buffet
HISTORY & PROOF OF CONCEPT 41 Year History 1982 - 2023 Sold Hotel Coupons in 2001 for $25,000,000 Over 1,000,000,000 (billion) guides distributed 25,000 Freeway & highway distribution locations* Distribution and advertising sales in 45 States
National recognition among Hoteliers & Travelers Over 300 employees across the US* $500 Million dollars in total revenue* Reacquired Hotel Coupons in February 2022 * At its peak
OTA – VC FUNDING & EXITS Online Travel Agency (OTA)
Averages (not including Priceline/Booking)
VC Funding
Sale Price
$77 M
$108 Billion*
$60 M
$3.6 Billion
$100 M
$1.8 Billion
$270 M
$1.3 Billion
$55 M
$1.2 Billion*
$96 M
$280 Million
$140 M
$440 Million
$120 M $2.1 Billion
Current Travel Agency Launches $409 M
$1.3 Billion*
$100 M $1.0 Billion Target Funding *Bookings Holdings market cap, they have not sold *Trivago sold a majority stake to Expedia *Travel Perk current market valuation is $1.3B
Target Sale Price
VALUE PROPOSITION •
Innovative Product
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Market Timing
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Qualified Leadership & Industry Experience
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Launch Plan
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Marketing Plan
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User Demographics
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Traveler Feedback
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Hotel Advertisers
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Corporate Structure
INNOVATIVE DESIGN
Home Plan Share Trip AI Savings
TIMING IS EVERYTHING Road Trips • •
Road trips have been on the rise for the past 10 years 87% of US miles traveled in 2022 were by car
Inflation •
Inflation can impact the cost of hotel stays and overall travel cost. Travelers may need to be more selective in choosing more affordable vacation alternatives or consider options to manage expenses.
Travel Deals •
According to CNBC, 92% of travelers say they are looking for deals on travel
Void in the Market •
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The demise of print media has left travelers struggling to find hotel deals along America’s highways Consumers searching for travel deals can spend hours in frustration
Target Drive Market Travelers • • •
Last minute room sales increase revenue per available room The current softening of the travel market motivates businesses GEO rates provide in market targeting of travelers
Market Frustration •
Hoteliers in the US are looking for more affordable methods for driving new Guest to their hotels. Online travel agencies charge 15% to 25% commissions on every room booked
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 Twenty six (12) years HC experience Hospitality Technology Expert
COO – David Cushman • • •
GM & Operations at Hotel Coupons 20 Years experience 2003-2023 Highway distribution expert
CTO – Alkis Pananakis • • •
Sr. Product UI/UX Designer 9 Years mobile app experience Einstein Green Card by US Government (Top 1% Worldwide)
VC Consultant – Joe Clark • •
Successful Founder & Board Advisor 20 Years experience in Venture Capital Funding
Drive Team Staff (18) Production Mgr. Tim 25 Years Client Services Kathie 20 Years
Major Accounts Nancy 20 Years Philippine Staffing is at 50%
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
MARKETING PLAN MOBILE APP STORE ADVERTISING 60% of mobile app downloads come from users searching on Apple & Android Stores
SOCIAL MEDIA Hire the top 5 Social Media travel influencers and target travelers headed to Florida on TikTok, Facebook, X & Instagram
VISITOR & WELCOME CENTERS Setup and promotional booths at visitor and welcome centers at entry to Florida.
QR CODE BILLBOARD MARKETING Southbound billboard campaign along Georgia’s 95 & 75
HOTEL COUPON ADVERTISING Target southbound travelers to Florida in 6 coupon guides & with 2,500 freeway QR codes
USER DEMOGRAPHICS To gather advanced Coupon traveler demographics better, we promoted a cash giveaway on the back of all our six guides for the past 12 months.
Here are the user demographics Gen-X (Age 4-56) Gen-X travelers were the largest percentage with 31%
Millennials (Age 27-42) Millennials travelers came in 2nd place with a 28% response
Baby Boomers (Age 57-55) Baby Boomers came in 3rd place with a 19% response
Gen-Z & Silent Generation Gen-Z travelers (15%) and the silent generation was (7%)
COUPON TRAVELER FEEDBACK Eleven features were displayed for travelers to choose from.
Approximately 88% of entered the contest by QR scan with only 12% sending in their entry by US mail.
Here is the traveler feedback Last Minute Hotel Discounts 1. Hotel discounts ranked number 1
Restaurant Discounts 2. Restaurant discounts came in 2nd
Attraction Discounts 3. Attraction discounts came in at third
Additional Rankings 4. Cheap gas 5. Things to do
6. City guides & info 7. Camping discounts
MVP HOTEL ADVERTISERS 500 Florida Hotels Sign-ups Bharat Patel, the current Chairman of AAHOA is assisting our efforts to sign up the 300 Florida AAHOA members
AAHOA Support Bharat Patel, the current Chairman of AAHOA is assisting our efforts to sign up the 300 Florida AAHOA members
Direct Mail Marketing The direct mail campaign launches November 6 targeting 5,000 Florida Hotels
Gujarati Referral Networking Referral incentives offered to all hotel owners
Hotel Coupon Clients Sign up Hotel Coupons advertiser clients and former clients
CORPORATE STRUCTURE Delaware C-Corp Drive Enterprises Inc., a Delaware C-Corporation was formed to structure the organization to best fit the industry norms of venture capital investors.
Seed Capital Round I We have currently raised $840,000 in seed capital funding with three investors.
Seed Capital Round II Our seed capital funding will close on December 31, 2023 or earlier, depending on the capital raised. Our target goal is to raise between $250,000 to $500,000. T
Venture Capital Funding Drive Enterprises will begin it’s venture capital fund raising efforts with a goal of $25,000,000 for round I. The need for additional rounds will be determined on an as need basis.
Hotel Coupons LLC & Drive Enterprises Inc., assumes no responsibility or liability for any errors or omissions 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.
Enjoy the Journey... as much as the destination
Steve J. Lewis
CEO & Founder Drive & Hotel Coupons M: (619) 922-8439