Last-minute hotel deals via mobile devices have, to some extent, become a new distribution channel for hotels – with numerous startups created to capitalise on the model. But, controversially perhaps, HRS CEO Tobias Ragge says that the majority of these startups could be out of business within three years. There are a number of established players (such as the largest independent one, HotelTonight) and other emerging players in all major regions. Many of these players are well-funded and they are constantly expanding to new regions to offer last-minute hotel deals on mobile/website. Tobias’ comment about fragility of the model in a recent WebInTravel article has triggered many responses. Get the full story at Tnooz