Hope Ventures co-invests USD 200k alongside Silicon Valley-based Plug and Play in The Digital Hotelier through Beban TV Show

  • Date: 06-Feb-2024
  • Source: Biz Bahrain
  • Sector:Technology
  • Country:Bahrain
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Hope Ventures co-invests USD 200k alongside Silicon Valley-based Plug and Play in The Digital Hotelier through Beban TV Show

Hope Ventures, the investment arm of Hope Fund in the Kingdom of Bahrain, co-invests USD 200k alongside Silicon Valley-based early-stage investor ‘Plug and Play’ in “The Digital Hotelier” through the fifth episode of the entrepreneurship-themed reality television show ‘Beban Season 3.’

As a pioneering TravelTech startup, The Digital Hotelier (TDH) revolutionizes hotel experiences for both guests and operators with its state-of-the-art SaaS platform, which supports multiple languages and is specifically designed to enhance user experience and drive additional revenue for hotels, hotel apartments, and holiday homes.

Commenting on their fundraising through Beban, Qutaiba Alali, Founder and CEO of The Digital Hotelier, shared: “We are excited to announce the strategic investment from Hope Ventures and Plug and Play. This backing not only demonstrates confidence in our vision but also provides valuable resources for our accelerated growth. The support from esteemed investors like Hope Ventures and Plug and Play is instrumental in advancing our product development, expanding our reach, and positioning us for success.”

He added: “This collaboration goes beyond financial backing; it represents a significant partnership that will play a pivotal role in shaping our company’s trajectory. By aligning with prestigious investors, we are not only strengthening our market position but also unlocking a