SAVE NEARLY $200 ON THANKSGIVING TRAVEL: BOOK FLIGHTS EARLY, HOTELS LATE

Data from Travel Company Hipmunk Reveals Tips for Agony-Free Thanksgiving Travel

SAN FRANCISCO (Aug. 13, 2014) — It may be the dog days of summer, but now is the time to start thinking about turkey, stuffing, and football. Travel company Hipmunk evaluated historical travel data and found that by booking Thanksgiving airfare now but making hotel reservations in November, travelers can amass savings of almost $200.

Hipmunk found that Thanksgiving flight rates increase dramatically the longer travelers wait to book. On average, early birds who booked the week before Labor Day spent $424 on airfare, while those who booked during the week of Thanksgiving spent an average of $561—a difference of almost $140.

When to Book 2014 Thanksgiving Flights

To save even more this Thanksgiving, however, it pays to procrastinate on hotel reservations. Last year, those who booked in August spent an average of $177. Procrastinators who waited to reserve their hotels in November saved nearly $50 and spent an average of $131.

“When it comes to holiday travel, timing is key,” said Dr. Chris Slowe, chief scientist at Hipmunk. “Knowing when to purchase airfare at the lowest price or which day of the week to fly to avoid crowds will help take the agony out of the holiday travel experience.”

According to Hipmunk’s analysis, 62 percent of Thanksgiving flyers departed the Tuesday or Wednesday before the holiday and 88 percent returned the Saturday or Sunday after the holiday. To avoid long lines, fly Monday or even on the holiday itself, and then return the Friday after.

Use Hipmunk to find cheap flights for Thanksgiving, and download Hipmunk’s Hotel and Flight App from the App Store and Google Play.

About Hipmunk
Hipmunk is the fastest, easiest way to plan travel. The site and mobile apps help save time and money by comparing top travel sites to show the perfect flight or hotel at the cheapest price. Hipmunk offers the most comprehensive travel search, from commercial flights, trains, and charter flights to hotels and vacation rentals through Airbnb and HomeAway. The unique display makes it easy to visually compare results to choose the best option.

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Media Contact
Liz Santos
Hipmunk
liz@hipmunk.com
650-735-1579

Hipmunk Launches Redesigned Hotel Search on Mobile and Web

New hotel search features include improved map functionality, new sentiment-based reviews, and more Book on Hipmunk options

SAN FRANCISCO (June 5, 2014) — Hipmunk, the fastest, easiest way to plan travel, just made hotel search even simpler. As part of its commitment to an exceptional user experience, Hipmunk made several upgrades to its hotel search on both mobile and web. These improvements include a redesigned map, easier-to-read hotel reviews, and more Book on Hipmunk options than ever before.

“Now that we offer more than 1.2 million accommodation options, it’s increasingly important that our users are able to navigate those options efficiently,” said Adam Goldstein, CEO and co-founder of Hipmunk. “This new release makes it even easier for users on all devices to find the best accommodations.”

Redesigned Hipmunk Hotel Search on Web

Users looking to stay close to a business meeting, particular address, or landmark can now easily drop pins on the map to see accommodations nearby. In addition, the map is now side by side with the hotel results list, so users can view both simultaneously.

New and Easier-to-Read Hotel Reviews on Mobile Web, Apps, and Web

New Hipmunk reviews are based on sentiment data aggregated from many sources, making it faster and easier to see a hotel’s strengths and weaknesses without having to read pages of individual reviews. At a glance, users can see if the breakfast is wonderful, the staff is friendly, if the Internet is slow, and much more.

Book on Hipmunk on Mobile Web, Apps, and Web

Now users have more Book on Hipmunk hotel choices so they can book hotels directly inside the Hipmunk website and apps. Users can now see a list of all the hotel suppliers that offer Book on Hipmunk rates for that stay.

Along with the updates, Hipmunk will maintain user favorites like: Tonight Deals, which helps app users save up to 60 percent on last minute hotel bookings; Heatmaps, which shows the neighborhoods with the highest concentration of food, tourism, shopping, nightlife, and “vice;” the “ecstasy” filter, which sorts hotels by a combination of price, amenities, and reviews; and Neighborhoods, which shows individual neighborhood names, descriptions, and common tourist attractions so travelers can find a place to stay with local flavor.

For more information about Hipmunk, visit www.hipmunk.com. Download the Hipmunk Hotel and Flight App for free from the App Store and Google Play.

About Hipmunk

Hipmunk is the fastest, easiest way to plan travel. The site and mobile apps help save time and money by comparing top travel sites to show the perfect flight or hotel at the cheapest price. Hipmunk offers the most comprehensive travel search, from commercial flights, trains, and charter flights to hotels and vacation rentals through Airbnb and HomeAway. The unique display makes it easy to visually compare results to choose the best option.

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MEDIA CONTACT

Liz Santos

Hipmunk

liz@hipmunk.com

650-735-1579

Hipmunk Closes $20 Million Series C Financing Led by Oak Investment Partners

HIPMUNK CLOSES $20 MILLION SERIES C FINANCING LED BY OAK INVESTMENT PARTNERS

Travel company Hipmunk to advance cross-platform strategy, continue hiring, and accelerate partnerships

SAN FRANCISCO (May 30, 2014) — Hipmunk, the fastest, easiest way to plan travel, today announced a $20 million Series C financing round led by Oak Investment Partners. Hipmunk will use the funds to accelerate its industry-leading cross-platform strategy, hiring, customer acquisition, and partnership efforts. Ren Riley, general partner with Oak Investment Partners, will join the Hipmunk board of directors. Existing angel investors; Series B lead, Institutional Venture Partners; and Series A lead, Ignition Partners joined the round.

“The winners in the next generation of travel will be the companies that can do the best job serving all user needs, across all platforms.” said Adam Goldstein, CEO and co-founder of Hipmunk. “Oak’s travel and mobile experience make them a tremendous addition to our existing investment team and an ideal partner.”

Over the course of more than three decades, Oak Investment Partners has invested across five growth sectors, including information technology, Internet and consumer, financial services technology, healthcare services, and clean energy. In the Internet and consumer space it has backed companies like Kayak, GMarket, Huffington Post, Bleacher Report, Thrillist Media Group, Wonga, and B5M.

“We’re eager to invest in great entrepreneurs and companies that are capitalizing on mobile trends,” said Ren Riley, general partner at Oak Investment Partners. “Hipmunk has both of these qualities, and in less than four years, has developed an energetic user base, industry-leading cross platform integration, and key partnerships that we’re excited to help grow.”

Hipmunk was founded in June 2010 when Adam Goldstein graduated from MIT and set out with Steve Huffman, co-founder of Reddit, to take the agony out of travel. Hipmunk’s unique visual display makes it easy for users to identify the best travel options while its “agony” flight filter and “ecstasy” hotel filter show results based on a combination of convenience and price.

In February 2011, Hipmunk launched its iOS app and in January 2012 launched its Android app. With the growing interest in on-the-go hotel bookings, in August 2013, Hipmunk introduced Tonight Deals to offer mobile users up to 60 percent off last-minute hotel bookings. And in March 2014, Hipmunk announced Hipmunk Anywhere, which allows logged-in users to begin a hotel or flight search on one device and seamlessly pick up the search on another device.

For more information about Hipmunk, visit www.hipmunk.com. Download the Hipmunk Hotel and Flight App for free from the App Store and Google Play.

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About Hipmunk

Hipmunk is the fastest, easiest way to plan travel. The site and mobile apps help save time and money by comparing top travel sites to show the perfect flight or hotel at the cheapest price. Hipmunk offers the most comprehensive travel search, from commercial flights, trains, and charter flights to hotels and vacation rentals through Airbnb and HomeAway. The unique display makes it easy to visually compare results to choose the best option.

About Oak Investment Partners

Oak Investment Partners is a multi-stage venture capital firm and a lead investor in the next generation of enduring growth companies. Since 1978, the firm has invested $9 billion in over 500 companies around the world, earning the trust of entrepreneurs with a senior team that delivers steady guidance, deep domain expertise and a consistent investment philosophy. The firm’s five major growth sectors of focus are information technology, Internet and consumer, financial services technology, healthcare services and clean energy. For more information, visit www.oakvc.com.

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MEDIA CONTACTS

For Hipmunk

Liz Santos

liz@hipmunk.com

650-735-1579

For Oak Investment Partners

Todd Irwin

todd.irwin@zenogroup.com

650-801-7951

 

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