Hotel Booking Solutions
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Hotel Booking Solutions - overview
Location
Atlanta, GA, US
Primary Industry
Software
About
Hotel Booking Solutions offers innovative technology solutions for the hospitality industry, focusing on enhancing booking systems and optimizing sales processes to drive efficiency and profitability for hotels and travel agencies. Hotel Booking Solutions provides advanced hotel booking technology aimed at improving operational efficiencies. The company was previously a minority stake holder before IBS Software Services acquired the remaining 33. 9% stake in October 2012.
The company is headquartered in Atlanta, US, and has engaged in a total of 5 deals. The most recent deal occurred on October 25, 2012, with funding from Crosslink Capital, totaling USD 3. 000 mn raised across its funding rounds. Hotel Booking Solutions specializes in delivering advanced Hospitality Solutions through its Intelligent Hospitality Sales & Distribution Platform.
This platform enhances hotel booking systems by offering intelligent pricing, inventory management, and seamless integration with various distribution channels, catering to clients including hotel operators and travel agencies in North America, Europe, and Asia-Pacific, supporting both large hotel chains and boutique establishments. The revenue model of Hotel Booking Solutions is based on subscription agreements and strategic partnerships with hospitality businesses. Clients typically enter into long-term contracts, paying recurring fees for access to the Intelligent Hospitality Sales & Distribution Platform, which encompasses regular software updates and customer support, primarily focusing on B2B transactions with hotel chains and travel organizations. With the recent funding of USD 3.
000 mn, Hotel Booking Solutions plans to enhance its product offerings by developing new functionalities for its platform aimed at increasing client engagement. The company is targeting expansion into new markets in Europe and Asia-Pacific by 2024. This growth strategy will capitalize on the financial backing from the latest deal, allowing for greater investment in product development and marketing initiatives.
Current Investors
General Atlantic, IBS Software Private Limited, Crosslink Capital
Primary Industry
Software
Sub Industries
Customer Relationship Management, Storage Management Software
Website
www.hotelbookingsolutions.com
Verticals
FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Hotel Booking Solutions - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Hotel Booking Solutions | - | ||||||||
| Add-on, Trade Sale | Completed | Hotel Booking Solutions | - |
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