Trip booking app Hopper is expanding its multifariousness of “ fintech ” products, including one that lets guests pay a fee to leave a hotel after check- in for any reason,
Under these scenarios, guests can book a similar hotel and Hopper would pay 100 percent of the rebooking costs, the company said.
The guest does n’t have to leave immediately after check- in but can depart later in the stay if things go wrong, Hopper stated.
Although the fees would vary, a Hopper spokesperson said the average fee to secure the leave for any reason hotel guarantee is$ 30.
So does Hopper pay both the hotel that the guest left while applying the room rate the guest paid to the new hotel?
The bet is that that Hopper would make further money on the fees than on compensating the originally booked hotel.
Hopper stated that it makes about 50 percent of its revenue on these fintech products.
A Hopper spokesperson said its new and expanded fintech products would be available to its distribution partners.