- what your current business model is;
- business models you attempted, but abandoned;
- reasoning of why the current model is broken besides an existing company having a monopoly;
- what you’re break even profit needs are
- what jurisdiction you’re in and plan to target;
- prior experience in the hospitality industry.
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Lastly, (1) do you have any proof of “hotels hate this commission” other than your assumption that no one likes spending more money on a transaction than needed? Ask because unless you have researched this, the reasoning for why hotels use booking services might be that it’s cheaper than marketing their inventory themselves. (2) My understanding is the largest player in this space is now Google, how do you intent to deal with Google?