Sunday, February 25, 2024
HomeHotelHotelRunner Acquires PayPad in a Strategic Transfer into On-Premise Gross sales Operations

HotelRunner Acquires PayPad in a Strategic Transfer into On-Premise Gross sales Operations

HotelRunner PayPad

HotelRunner, the main hospitality and journey know-how supplier, proudly declares 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, resorts, 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 resolution with a selected concentrate on the resorts’ 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 recent avenue to boost their income streams. Absolutely built-in with HotelRunner PMS, HotelRunner POS permits lodging to handle their on-premise gross sales and cost operations with ease. Hoteliers can settle for funds in a number of strategies, analyze each side of their enterprise, and take AI-driven, clever, and automatic actions leading to enhanced productiveness and elevated profitability. This improvement represents a momentous shift for HotelRunner because it delves into on-premise gross sales operations for the primary time, highlighting its sales-first method 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 12 months, HotelRunner has achieved exceptional product launches, together with Insights, Autopilot, and Overview Middle, all of which have been instrumental in advancing towards its aim of offering a holistic platform powered by modern 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 Accomplice of HotelRunner, mentioned, “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 an even 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 Accomplice of HotelRunner, added, “With PayPad seamlessly built-in into the HotelRunner’s distinctive market-network, we’re spearheading a know-how revolution that types the cornerstone of a unified digital journey ecosystem. Past elevating the visitor expertise and optimizing operational effectivity for lodging, this strategic transfer underscores the facility 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 unmatched worth and pioneering innovation for our companions.”

Veysel Berk, the Founding father of PayPad, additionally shared his ideas on the acquisition: “HotelRunner is democratizing the usage of 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 turn into a part of its broad imaginative and prescient. PayPad, revamped as HotelRunner POS, will play a pivotal function in including exponential worth to properties worldwide, ushering in a brand new period of superior gross sales options in journey and hospitality.”

HotelRunner POS will probably be steadily rolled out worldwide to supply the most effective expertise to all lodging companies, beginning with present HotelRunner companions. For extra info, you may go to right here

About HotelRunner

HotelRunner is a data-driven SaaS-enabled unified gross sales, operations, and distribution administration platform and B2B community for lodging, journey companies, and cost suppliers. HotelRunner has 1000’s of lodging and journey company companions globally. HotelRunner is a Premier Connectivity Accomplice and Finest Total Performing Accomplice, Expedia Most well-liked Connectivity Accomplice, Airbnb Software program Accomplice, Agoda Revolutionary Provider, Oracle, Hotelbeds, trivago, and Google Resort Advertisements strategic accomplice.

For extra about HotelRunner, go to the web site.

Media relations contact:

80 DAYS Benchmark
80 DAYS Benchmark

Supply hyperlink



Please enter your comment!
Please enter your name here

Most Popular

Recent Comments