Carlo Cisco

So I saw that space too.

And you're looking at these annual fees kind of ranging from 100 to up to 2500 for Centurion plus initiation fees and stuff.

for benefits that have really been basically points you may or may not be able to use towards travel and then a bunch of crap that you're never ever going to use.

So I saw this opportunity with the merchants and thought, okay, I think we can get them to buy in.

So it's an annual membership fee.

Um, so members pay $250 a year, uh, to have access to, um, the card, all the benefits, the platform, uh, et cetera.

Yes.

Uh, well hotel tonight is kind of an exception.

Um, so yeah,

all of our rates are below the lowest publicly available rate.

Um, hotel tonight is probably the only exception because they have access, uh, to like last minute inventory.

So their prices change.

Um, if you're booking more than a week out, it is definitely going to be lower than hotel tonight.

Um, if you're booking two nights out or something like that in hotel tonight, or even the night of then hotels tonight might be less.

So total revenue, so it was actually just under 700,000.

So we have one B2B deal that's at like a volume discount.

So that's where part of those memberships come from.

And then the price has increased over time.

So it's a publicly traded REIT, essentially, that has memberships for the tenants in their buildings.

So that was to sort of solve the marketplace problem.