Beds on Board unlocks 2.5 billion nights of opportunity for the global travel market
Sharing economy platform brings new inventory to the travel sector
Total available market in excess of 2.5 billion nights
Exclusive marina partnerships in key locations
Lymington, 14th November 2018: Beds on Board, the sharing economy platform that connects guests and owners for amazing stays on boats, today revealed the total market opportunity of the boat accommodation sector ahead of their crowdfunding raise on Seedrs.
Beds on Board has worked with global marine organisations to identify that there are over 8 million suitable boats worldwide and that they are used, on average, less than 10% of the year. This represents 2.6 billion nights worth of inventory that can be used as accommodation through the peer-to-peer platform, satisfying demand for city-breaks, family staycations, romantic escapes and event accommodation.
Accommodation from the sharing economy is estimated to be worth £34 billion in 2018 and is popularised by platforms such as Airbnb and Booking.com who specialise in land-based options. Beds on Board’s differentiator is it’s focus - renting only boats, only as accommodation - and that it has agreements that exclude other platforms from operating in key locations.
Talking at the World Marina Conference in Athens, CEO Jason Ludlow said, “Beds on Board’s vision is to bring the boating lifestyle to the world, working with marinas to open up to new customers and to help grow the boating industry as a whole. There is a huge opportunity here, over 2 billion nights of opportunity, and Beds on Board are in position to unlock it.
These 2.5 billion nights not only represent a huge opportunity, they come from no new building or infrastructure. They do not threaten existing housing supply. They do not take anything from the local community; it’s completely new inventory, unlocked for the benefit of guests, boat owners and the travel economy, including marinas. In fact, helping marinas become destinations is a key part of our strategy as we go into 2019 on the back of a crowdfunding raise with Seedrs”.
Launched in 2015, Beds on Board was founded by Sir Peter Ogden, founder of Computacenter and Dealogic; Jason Ludlow, an RYA yachtmaster instructor who sold his marine hospitality business in 2014 and Tim Ludlow, former Production Director at Google.
To find out more, please visit: seedrs.com/bedsonboard
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For media enquiries contact:
Tim Ludlow, Co-founder
+44 (0)7809 289299
For investment enquiries contact:
Jason Ludlow, Co-founder & CEO
+44 (0)7711 538048
About Beds on Board
Beds on Board connects guests and owners for amazing stays on boats. Launched in 2015 by Sir Peter Ogden and Jason & Tim Ludlow, the sharing economy platform aims to bring the boating lifestyle to the world.
Working with British Marine, The Yacht Harbour Association and global marine organisations, Beds on Board work with the marine industry to deliver a safe, sustainable and supported boat accommodation service.
The platform has tens of thousands of members, boats in over 80 countries and has taken thousands of nights of bookings.
Seedrs allows all types of investors to invest as little or as much as they like in businesses they believe in and share in their success. It allows ambitious businesses in all sectors to raise capital and build community through an efficient, online process.
Seedrs has funded 690 deals to date and has had over £470 million invested into campaigns on the platform. All investments made through Seedrs offer voting shares to investors and use professional-grade subscription agreements. This ensures that investors get the same level of protection that angel investors and venture capitalists enjoy.
Seedrs is backed by star fund manager Neil Woodford, Faber Ventures, Augmentum Fintech PLC (listed on the London Stock Exchange Main Market and Europe’s largest listed fintech fund) and over 2,000 of its own customers. Seedrs is authorised and regulated by the UK Financial Conduct Authority.