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Partnership Program

Although Hotelysis broadly utilizes AI in providing services, there exist limitations yet. Especially, it is still challenging to balance between quantitative data and qualitative factors. Our partnership program will fill the gap.

Our partners are in practice over diverse areas in lodging industry, which can be classified either as a Data Partner providing actual performance and financial data of a lodging property in Korea, or as an Advisory Partner cooperating with Hotelysis for individual advisory projects. Obligations, benefits and requirements for each are summarized in the table below.

 

CategoryData PartnerAdvisory Partner
RequirementA paid member of HBI Dashboard, either individual or corporate, not restricted from providing monthly profit and loss and/or financial position data of lodging properties in KoreaA paid member of HBI Dashboard, either individual or corporate, with proven track records in lodging operations, ownership, investment or advisory practices in Korea
ObligationProvide monthly profit and loss and/or financial position data of lodging properties in Korea, at least for 5 consecutive years, with details required by Hotelysis as the relevant regulations permitCo-author and co-publish market reports with Hotelysis, and/or cooperate with Hotelysis to provide advisory services for lodging business and/or investment projects in Korea
Benefit1-year discount of subscription fee for a Standard Member after 12-month performance of obligations, and a free subscription, up to 3 years, upon 5-year performance of obligations1-year discount of subscription fee for a Standard Member after 12-month performance of obligations, and a free subscription, up to 3 years, upon 5-year performance of obligations
The discount of sbscription fee or the free membership can be extended up to 5 individuals if the performance includes more than 5 properties or 500 roomsPre-determined compensation will be paid for participation in advisory projects illustrated above, and independant advisory opportunities will be provided upon participation in more than 5 projects a year

1) A validation mechanism for data should be determined for a data partner, and a validation of experiences should be completed for an advisory partner.
2) Participation in the partnership program will be effectuated upon execution of a partnership agreement, including general and individual terms and conditions.
3) A data partner should provide data consecutively for the agreed-upon period. Otherwise, the record for performance of the agreement will be initialized.
4) Hotelysis’ partnership is not exclusive, and an advisory partner can determine whether to cooperate with Hotelysis for each advisory project, and vice versa.

 

Hotelysis is in discussion with 6 global and local companies for partnership, which have demonstrated expertise in each practice area related to lodging industry. Please contact us directly at partner@hotelysis.com for any question or more details about the partnership.