Hotiday, an Italian traveltech startup, has secured EUR5.5 million in a funding round led by P101 SGR, with participation from 40Jemz and international business angels. The funds will fuel Hotiday’s expansion across major European destinations, strengthen partnerships with premium hotels, and enhance its technology-driven services for partner properties.
Founded in 2022 by Vittorio Gargiulo, Federico Brunelli, and Federico Di Carlo, Hotiday has grown rapidly, partnering with over 65 hotel operators in more than 90 European locations, including Italy, France, Spain, Greece, and Portugal. The company’s unique model focuses on transforming underutilised hotel inventory into a decentralised network of rooms under the “Hotiday Room Collections” concept.
“Our achievements and this new funding give us confirmation that we are on the right track. Hotiday is not just a startup; it is a story of innovation and passion,” said Vittorio Gargiulo, CEO and Co-founder of Hotiday.
Stefano Guidotti, Partner at P101, added, “Hotiday has successfully brought innovation to a traditional industry like hospitality, and with our support, we are confident it will rapidly expand beyond Italy.”
