HotelRunner Acquires PayPad in a Strategic Transfer into On-Premise Gross sales Operations
HotelRunner, the main hospitality and journey know-how supplier, proudly broadcasts its acquisition of PayPad, a high-end point-of-sale system, and revamps it as HotelRunner POS, cementing its place as an industry-leading all-in-one know-how platform.
Based in 2016, PayPad is a cloud-based, sensible gross sales system designed completely for eating places, accommodations, and retail shops. PayPad expanded into the worldwide market with a shopper base in the UK, Spain, the US, and Türkiye. This strategic acquisition marks a major milestone in HotelRunner’s mission to supply a complete, all-in-one answer with a particular deal with the accommodations’ on-premise gross sales and funds.
With its new and superior identification, HotelRunner POS presents an easy and efficient solution to run meals and beverage operations, providing lodging companies a contemporary avenue to reinforce their income streams. Totally built-in with HotelRunner PMS, HotelRunner POS permits lodging to handle their on-premise gross sales and fee operations with ease. Hoteliers can settle for funds in a number of strategies, analyze each facet of their enterprise, and take AI-driven, clever, and automatic actions leading to enhanced productiveness and elevated profitability. This growth represents a momentous shift for HotelRunner because it delves into on-premise gross sales operations for the primary time, highlighting its sales-first strategy within the hospitality and journey know-how panorama.
In January 2023, the corporate closed a profitable Sequence A spherical and said that the funds could be used to proceed to construct a strong world presence, develop the workforce, and make investments closely in delivering cutting-edge know-how. Standing behind its dedication, over the previous yr, HotelRunner has achieved exceptional product launches, together with Insights, Autopilot, and Evaluation Middle, all of which have been instrumental in advancing towards its objective of offering a holistic platform powered by revolutionary know-how. This milestone marks the third acquisition in HotelRunner’s ongoing acquisition spree aimed toward consolidating the {industry} underneath its roof whereas proudly extending its choices to serve the various wants of its companions.
Arden Agopyan, Founder and Managing Companion of HotelRunner, stated, “Our strategic acquisition of PayPad and the start of HotelRunner POS aren’t merely about enhancing our product choices; it’s a daring leap towards our imaginative and prescient of constructing a much bigger journey financial system. As we welcome HotelRunner POS into our expansive ecosystem as a foundational half, we solidify our presence within the funds and gross sales verticals in journey and hospitality. We’re proud to form the trail towards {industry} consolidation and usher in a transformative period, reinforcing our model’s legacy.”
Ali Beklen, Founder and Managing Companion of HotelRunner, added, “With PayPad seamlessly built-in into the HotelRunner’s distinctive market-network, we’re spearheading a know-how revolution that kinds the cornerstone of a unified digital journey ecosystem. Past elevating the visitor expertise and optimizing operational effectivity for lodging, this strategic transfer underscores the ability of frictionless all-in-one platforms as the important thing to success. This acquisition unlocks a brand new untapped alternative and units a path to delivering unequalled worth and pioneering innovation for our companions.”
Veysel Berk, the Founding father of PayPad, additionally shared his ideas on the acquisition: “HotelRunner is democratizing using know-how for each participant within the world ecosystem. As each groups share the identical values, tradition, and product ideas, we’re thrilled to affix forces with HotelRunner and grow to be a part of its broad imaginative and prescient. PayPad, revamped as HotelRunner POS, will play a pivotal position in including exponential worth to properties worldwide, ushering in a brand new period of superior gross sales options in journey and hospitality.”
HotelRunner POS shall be steadily rolled out worldwide to supply the very best expertise to all lodging companies, beginning with current HotelRunner companions. For extra data, you may go to here
About HotelRunner
HotelRunner is a data-driven SaaS-enabled unified gross sales, operations, and distribution administration platform and B2B community for lodging, journey businesses, and fee suppliers. HotelRunner has 1000’s of lodging and journey company companions globally. HotelRunner is a Reserving.com Premier Connectivity Companion and Greatest General Performing Companion, Expedia Most well-liked Connectivity Companion, Airbnb Software program Companion, Agoda Modern Provider, Oracle, Hotelbeds, trivago, and Google Lodge Advertisements strategic associate.
For extra about HotelRunner, go to the website.
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