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Porter
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== Monetisation strategy<ref name=":0" /> == The global online travel agent market is significant (and growing), estimated to be worth in excess of Β£430bn<ref>Data from 2020.</ref>. Porter earns on a commission basis. This means, every time a member books a hotel, Porter receives a percentage of the total price paid. * Currently, Porter earns up to 15% of the total price paid for a hotel stay. * Porter receives the full booking amount up-front and then pays the net rate at a later date making Porter's cash model very efficient. * As the company grows, there's the opportunity for it to earn commission for additional travel products e.g. flights, trains, experiences and car hire. * Porter is also keen to test a tiered subscription model (think Amazon Prime for travel). * Finally, there are potential B2B revenue streams to be explored. This could include us offering aspects of Porter as-a-service, or by providing insight packages into travel trends.
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