Roomer, a secondary market for nonrefundable hotel reservations, has raised $5 million in a Series A equity investment round. Founded in 2011, the startup, which is basically like a StubHub for hotels rooms, will use the $5 million in funding to increase its distribution and supply. Venture fund Disruptive led the Series A with participation from BRM Group, which led the previous $2 million seed funding of Roomer. According to Roomer Cofounder and CEO Gon Ben-David, more than 200,000 hotel rooms are canceled daily in the United States alone. Read more over at Skift.
