Hitch Hotel Inc.
A camper for the modern traveler
Santa Clarita, CA
Consumer Products
Manufacturing
For the traveler that wants to go out on their own, current options are limited to minimalist tents or bulky and expensive campers. Hitch Hotel is creating a new kind of camper - it is ultra-lightweight and expands from a compact, easy-to-tow-and-store trailer (even a sedan can tow it!) to a 7 foot living space to meet your on-the-go sleeping and storage needs.
$89,815
raised
171
Investors
$5M
Valuation
$5.00
Price per Share
$235.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering
Bonus Rewards
Get rewarded for investing more into Hitch Hotel Inc.
$235+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
Just Some Fresh Air
Invest $500+ | Receive $1,000 off any Hitch Hotel product.
$1,000+
Investment
Bring the S’mores
Invest $1,000+ | Receive $2,000 off any Hitch Hotel product.
$2,500+
Investment
Don’t Forget the Cooler
Invest $2,500+ | Receive $2,500 off any Hitch Hotel product.
$5,000+
Investment
Road Trip!
Invest $5,000+ | Receive $2,500 off any Hitch Hotel product and 5% bonus shares.
$15,000+
Investment
Hit the Gas
Invest $15,000+ | Receive $2,500 off any Hitch Hotel product and 10% bonus shares.
$25,000+
Investment
Let’s Drive Across Country
Invest $25,000+ | Receive $2,500 off any Hitch Hotel product and 15% bonus shares. Become a part of our Investor/Owners Club.
Reasons to Invest
Growing Market: We believe COVID-19 has marked a fundamental shift in consumer behavior towards more intimate types of travel -the global camping and caravanning market is expected to reach $50 billion by 2022.
Patented Product: The Hitch Hotel is protected by 2 patents with 2 more pending - our product is easily expandable, easy to tow, and can sleep two adults comfortably. We've also signed an LOI with a Chinese manufacturer to help us bring the Hitch Hotel world wide!
People want one of their own - The Hitch Hotel has been featured in dozens of press outlets, from Forbes to Lonely Planet. We believe the Hitch Hotel revolution is destined to come.
TRAVEL AS WE KNOW IT IS OVER
During an era of the COVID pandemic, even the AirBnB CEO even believes that traveling has fundamentally changed, becoming more intimate, more local, and to smaller communities.
We believe the Hitch Hotel is the perfect option for this traveling revolution. Built by a team of outdoor enthusiasts, we’ve seen first hand the limited options when it comes to accessible, low cost, high-quality campers - the Hitch Hotel is here to change all of that.
After going through rigorous testing and patent development, we believe now is the perfect time to bring the Hitch Hotel to market. We’re establishing manufacturing pipelines and sales distributors to bring the Hitch Hotel to travelers around the world. We've already signed an LOI with a Chinese manufacturer who will begin mass-producing our Hitch Hotels for both the US and global expansion!
The problem
We believe traditional RV/campers don’t cut it for the new kind of traveler.
We believe traditional RV/Campers were built for the enthusiasts who are dedicated and willing to spend their money on expensive options that require large storage space, heavy-duty tow vehicles.
But what about the entire market of campers and outdoor enthusiasts who want to get outdoors without the hassle or cost?
The Solution
The Hitch Hotel is an expandable camper but for the modern traveler
The Hitch Hotel is an ultra-portable camper built to be towed by any car, even sedans, and stored in easily in a garage - it expands from a 3-ft storage space to a 7ft living space that is able to comfortably sleep 2 people.
We built the Hitch Hotel with the modern traveler in mind. It's easy to set up, easy to tow, and perfect for everything from weekend getaways to cross country road trips.
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The market
With COVID-19, we believe traveling has forever changed
The travel market is expanding rapidly, especially for millennials. 40 Million people in the U.S. go RV /backyard or car camping and 38% of them are millennials. The RV industry in the U.S. has grown 200% in the last 8 years according to RVIA.
Additionally, recent market reports predict that as travel becomes safe again, it’s likely the camping market will get a greater share of leisure travelers’ trips in 2020.
Our Traction
We’ve secured 2 Patents and an Established Manufacturing Pipeline
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Product - After rigorously testing the Hitch Hotel Trailer we have secured 2 patents and have additional 2 pending.
Market - We’ve received hundreds of inquiries about the Hitch Hotel and have been featured in dozens of press, from Forbes to Lonely Planet.
Manufacturing - We have begun conversations with global manufacturers and have received an LOI from a Chinese manufacturer who will be funding the build of a large batch of Hitch Hotels! With Guangdong Ecocampor Vehicle Co., we'll be working to fine-tune our mass manufacturing while sending out our first Hitch Hotels.
Disclaimer: Pictured above is a facility owned by our Manufacturer Guangdong Ecocampor Vehicle Co. This facility is not fully dedicated to Hitch Hotel, nor is it owned by Hitch Hotel. The image is an illustration of the Chinese manufacturer only, all supplies and parts displayed are not company's products.
How we are different
The industry is filled with options, but we believe these are not well suited for the new wave of travelers. The Hitch Hotel does not need a heavy duty tow vehicle, a large storage space, or high levels of maintenance.
We’ve built a new kind of camper that we believe is truly timeless. The expandable capability makes it convenient to store and comfortable to sleep in.
The vision
We want the Hitch Hotel to sleep millions of people on their adventures worldwide
We believe we have nailed the product. Now we’re working to create a global manufacturing pipeline to bring the Hitch Hotel to travelers all around the world. We see a future in which the Hitch Hotel is an entire RV category of its own. We can’t wait to help people explore more.
Our team
Years of experience outdoors and businesses
Geoff and Gil are two outdoor enthusiasts who are dedicated to bringing their dream to reality. After experiencing the hassle of finding and using a camper themselves, they applied their own business acumen to creating a world-class solution.
Why invest
Join the Hitch Hotel Revolution!
We believe our innovation has the potential to completely transform the world of traveling as we know it. We have a product we know people love so the last thing to do is get it into their hands. Join us as we build our manufacturing and build a new solution for a new era of travel.
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In the Press
Tiny House Talk
January 1, 1970
This is the Hitch Hotel. It’s a tiny camper that loads right onto the hitch of your vehicle so it has no wheels and weighs just 240 lb. Once you’re ready to set up camp it expands into a micro camper.
Lonely Planet
The Hitch Hotel, this new box attaches to your hitch (or tow bar) and securely stores mountain bikes, camping gear and other equipment, and then expands to provide a sleeping space for two to three adults.
The Manual
The new Hitch Hotel, billed as the “world’s first expandable wheel-less trailer,” may be the most clever and compact model we’ve ever seen.
The Coolector
just set off and see where the road takes you, you might just want to sit up and take notice of the Hitch Hotel, which is funding on Kickstarter now, and is basically a portable hotel room that your car wears like a backpack.
ABC.es
Hitch Hotel: el primer remolque sin ruedas expandible del mundo para los viajeros más aventureros
Offering Summary
Company | : | Hitch Hotel, Inc. |
Corporate Address | : | 24852 Avenue Rockefeller, Santa Clarita, CA 91355 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $235.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 2,000 |
Maximum Number of Shares Offered | : | 214,000 |
Price per Share | : | $5.00 |
Pre-Money Valuation | : | $5,000,000.00 |
Voting Rights of Securities sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Perks and Investment Incentives*
Early Bird:
Friends and Family Early Birds
Invest within the first 48 hours and receive an additional 20% bonus shares
Early Bird Bonus
Invest within the next 8 days and receive an additional 15% bonus shares
Volume-Based:
$500+
Just Some Fresh Air
Invest $500+ | Receive $1,000 off any Hitch Hotel product.
$1,000+
Bring the S’mores
Invest $1,000+ | Receive $2,000 off any Hitch Hotel product.
$2,500+
Don’t Forget the Cooler
Invest $2,500+ | Receive $2,500 off any Hitch Hotel product.
$5,000+
Road Trip!
Invest $5,000+ | Receive $2,500 off any Hitch Hotel product and 5% bonus shares.
$15,000+
Hit the Gas
Invest $15,000+ | Receive $2,500 off any Hitch Hotel product and 10% bonus shares.
$25,000+
Let’s Drive Across Country
Invest $25,000+ | Receive $2,500 off any Hitch Hotel product and 15% bonus shares. Become a part of our Investor/Owners Club.
*All perks occur when the offering is completed.
" The discount coupon for the HH product can be transferred to any family member or friend"
The 10% Bonus for StartEngine Shareholders
Hitch Hotel, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of common stock at $5/ share, you will receive 110 shares for $500. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Inter company debt or back payments. Vendor payments.
Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$494,593.00
USD
$374,701.00
USD
Cash And Cash Equivalents
$8,317.00
USD
$26,724.00
USD
Accounts Receivable
$0.00
USD
$0.00
USD
Short Term Debt
$451,363.00
USD
$537,252.00
USD
Long Term Debt
$380,000.00
USD
$0.00
USD
Revenues And Sales
$0.00
USD
$0.00
USD
Costs Of Goods Sold
$0.00
USD
$0.00
USD
Taxes Paid
$800.00
USD
$800.00
USD
Net Income
-$184,116.00
USD
-$191,140.00
USD
Risks
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Updates
HITCH HOTEL INC. Signs Letter of Intent for Worldwide Manufacturing and Distribution
19 hours agoPRESS RELEASE:
October 16, 2020 Valencia CA.
______________________________________________________________________________
For Immediate Release:
HITCH HOTEL INC. SIGNS LETTER OF INTENT FOR WORLDWIDE MANUFACTURING & DISTRIBUTION PARTNERSHIP WITH KINDLE PLATE
Hitch Hotel Inc. is proud to introduce Kindle Plate Manufacturing (“Kindle”) as our exclusive worldwide manufacturer and distribution facility. We have signed a Letter Of Intent with Kindle with the aim of having a formal contract signed before December 31, 2020. After working with Kindle for the last 4 years to prototype and perfect the Hitch Hotel line of products, the natural progression was to join forces to quickly bring, what we believe to be, the most innovative outdoor adventuring product introduced to the world in decades.
Over the next couple of months Hitch Hotel will work closely with Kindle to finalize the contract, as well as complete the final designs and methods of manufacturing, along with delivery and distribution schedules. With a facility of over 400,000 sq.ft., and the most up to date manufacturing equipment, the Hitch Hotel line of products will be ready to be introduced worldwide in early spring of 2021. Hitch Hotel Co-Founder & Vice President Gil Goren stated, “We’ve long since known that with the proper manufacturing facility and team in place, we’d rapidly grow into an outdoor adventuring powerhouse worldwide. We’ve worked with Raymond and his team for over 4 years now and we’re confident that we’ve picked the right company to grow with.”
About Kindle: Located in Foshan City, Guangdong Province, South China, Kindle is close to major airports and shipping ports. Kindle focuses on direct trailer and caravan manufacturing, and has the ability to produce and ship large quantities of product around the world. Kindle can efficiently build and distribute the Hitch Hotel product line with exports to the USA, Canada, Germany, Australia, S. Korea, and many other countries. Their mission statement is simple: “To lead more people to be able to enjoy the outdoor life.” Raymond Wu, CEO of Kindle, is quoted as saying “I’ve always believed the Hitch Hotel products will sell very well, and they must be (will be) popular with the people in China. Especially young people.”
Notice of Material Change in Offering
3 days ago[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Hitch Hotel Inc. offering. Here's an excerpt describing the specifics of the change:
Hitch Hotel extended their campaign and updated their campaign page.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
4th Utility patent approved!
30 days agoIn 2014 when we set out to design the Hitch Hotel, one of our first steps was to begin the patent process. From then until now we have continuously been adding to our patent portfolio.
We're happy to report that the US patent office has approved our 4th utility patent. We have multiple other patents in process currently as well. Receiving another patent on our design further confirms that we have a unique product and approach to the ever growing outdoor adventure trailer market.
Notice of Funds Disbursement
about 1 month ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Hitch Hotel Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Hitch Hotel Inc. be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Continuous Patent update
about 2 months agoHi Everyone,
In an effort to continually build on our Intellectual Properties, we are always adding additional patents to our Utility and Design Patent portfolios. We currently hold 3 US Utility Patents with 1 pending. We also have a worldwide patent application that protects the design of the Traveler is under review. We expect both to be approved within 18 months.
Attached is what is called a "Continuous Patent" amendment. The USPTO allows to continually add additional IP's to an existing patent: This can only happen if there is never a break in timeline deadlines for the continuance. If a deadline is missed, the patent can never be added to in the future. We have never missed a deadline.
Lifestyle Photo Shoot for Instagram promotion
about 2 months ago
Notice of Material Change in Offering
about 2 months ago[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Hitch Hotel Inc. offering. Here's an excerpt describing the specifics of the change:
Extended length of campaign.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
Isolated Camping Comfort
2 months ago
Camping Covid-19 Style
2 months ago
Notice of Funds Disbursement
2 months ago[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Hitch Hotel Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Hitch Hotel Inc. be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
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