Matt Fox: Snaptrip
The online platform offering UK holidaymakers last minute discounts on up to 55,000 properties
Matt Fox, 35
Unlike similar holiday booking platforms, two-time Startups 100-listed Snaptrip has carved out a quiet niche as a website dedicated solely to the ‘last minute/discount’ space in the holiday rental marketplace, allowing thrifty holidaymakers to snap up late discounts on self-catering properties across the UK.
Founded by Matt Fox and Dan Harrison in 2014, the London-based company also benefits property owners, managers and agents by enabling them to fill vacant properties that would otherwise be wasted, with Snaptrip taking a commission on every sale – the closer the booking to departure, the greater the commission. Users can sort results by destination, facilities, pet policies and price to find a spontaneous holiday deal that works for them, while exclusive membership discounts offer up to 50% off the 55,000 properties on the platform.
In fact, Snaptrip claims to have listed “more bookable UK properties than any other rental platform” within its first 18 months of trading. Furthermore, it has secured partnerships with some major names in the UK letting space including Cottages.com, Holidaycottages.co.uk, Blue Chip Holidays and the Original Cottage Company to name a few, prior to its planned expansion into mainland Europe in 2017. In January this year, the start-up took its total investment to £2.2m with a £1.5m Series A funding that it used to take on new hires, bolster marketing and fuel product development as it works towards a forecasted £12m in transactions for 2017.
Image ©Peter Searle.