Leif Pritzel (Co-Founder, Managing Director) and Nathan Zielke (Co-Founder, Managing Director) © Jasper Kettner
What inspired you to found your startup?
It can’t be fair to have billion-dollar companies doing automated yield management and you as a customer can only compare parts of those prices at one particular point of time. Prices change, and users need a tool to make use of it!
How do you define success for yourself and your company?
$$$ (savings for our customers of course, not personal wealth)
Is there anything you’d do differently if you could do it again?
Be even faster, especially IT development takes way too long
What problem does your product solve?
Learning that others paid less for the very same hotel stay can really destroy your vacation. Prices change, like petrol prices at the gas station. With DreamCheaper customers never miss a price drop again and for sure get down to the lowest rate in the market. No one can know all hacks to find the best price and no one wants to check prices every day, again and again.
Where do you see your company in 1/5/10 years?
DreamCheaper will be the hospitality industry’s best friend, bringing the traveller and the hotel closer together and reducing cost of sales significantly
How are you different?
We are 100% independent and compatible. Users can place their hotel booking on any website and use us afterwards to make sure they get rebooked in case prices drop. We use all booking platforms, even much more than what you find on any meta search enging.
How often does your product/service show up in a user’s day or week?
We inforrm our users whenever prices drop, that can happen anytime.
Impact: how are you doing good and building a better future?
Hotels pay an average of 20% provisions to booking platforms, for a fully automated broker service. That is not state of the art. With DreamCheaper we bring travellers and hotels closer together again, saving money for both of them instead of making intermediaries fat and fatter.
How has the startup scene in Berlin changed?
The scene is slowly getting more mature with more sophisticated startup concepts.
What are the pros and cons of launching your startup from Berlin?
On the pro side there is a great local ecosystem which helps to network to other startups plus investors. On the con side the labor market is challenging and Berlin is not “cheap” any longer, that turns accomodation especially for young employees into a serious problem.
Bonus Question: Anything else that we need to know about you?
DreamCheaper was featured in “The Hundert Vol. 10 – Startups of Berlin“, October 2017.