Hotelrunner, a Wilmington, DE-based provider of a travel and hospitality technology platform, acquired Bookingate, a London, UK-based provider of a platform that enables travel service providers to access and distribute hotel inventory and 3rd party services.
The amount of the deal was not disclosed.
The acquisition will consolidate HotelRunner’s position as a player in travel tech, expanding its solution stack for all players in the travel value chain, and improving its capabilities.
Bookingate provides a platform that simplifies the booking process for agencies, tour operators, DMCs, and suppliers, enabling seamless management of diverse travel products like hotels, flights, transfers, tours, and car rentals.
Founded by Arden Agopyan, and Ali Beklen, HotelRunner is a provider of a data-driven SaaS-enabled unified sales, operations, and distribution management platform and B2B network for accommodations, travel agencies, and payment providers. It is a Booking.com Premier Connectivity Partner and Best Overall Performing Partner, Expedia Elite Connectivity Partner, Airbnb Software Partner, Agoda Innovative Supplier, Oracle, Hotelbeds, trivago, and Google Hotel Ads strategic partner.
FinSMEs
01/10/2024