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Know Who Drives Return
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HotelPlanner CEO Tim Hentschel on Their 3-Way SPAC Merger with Reservations.com and Astrea Acquisition (ASAX)
32 minutes Posted Dec 21, 2021 at 2:00 pm.
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Show notes

HotelPlanner and Reservations.com are going public in a three-way merger with Astrea Acquisition Corp (ASAX) in a $567M EV deal that was announced in August 2021. Listen in as David Drapkin talks to HotelPlanner CEO Tim Hentschel regarding travel, COVID, what sets them apart from the competition, and why the deal may be attractive to investors.

See the companion report here: HotelPlanner / Reservations.com / ASAX SPAC Deal Overview

Topics On the Podcast  

  • Tim Hentschel Background and founding of HotelPlanner 
  • Differentiation in the marketplace, gig travel agents 
  • Closed User Group discount rates is a major differentiator 
  • HP’s business remained resilient during COVID 
  • Leisure travel vs. professional travel breakdown 
  • Affiliate partners and white labeling  
  • Growth prospects and financial forecasts 
  • Cash use of proceeds and potential redemptions 
  • Future of travel as we navigate ever changing COVID environment 
  • Parting words 

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