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HotelRunner completes acquisition of Bookingate, expanding its B2B powerhouse

PRIVATEOct 01, 2024

Acquiring Company

HotelRunner

Acquired Company

Bookingate

LondonLeisureTravelTourismTravelMarketplace

Description

HotelRunner, the leading travel and hospitality technology platform, has announced the acquisition of Bookingate, an innovative B2B travel marketplace and technology platform. This acquisition strengthens HotelRunner’s commitment to completing the travel value chain for supply and demand, making it the all-in-one solution for the entire travel industry.

Quick answer

HotelRunner is acquiring Bookingate, announced October 1, 2024.

How much did HotelRunner pay for Bookingate?
The deal value was not disclosed.
What does HotelRunner do?
HotelRunner is a SaaS-enabled B2B network where accommodations, travel agencies, and payment systems find, contract, connect, and transact with each other online, at scale.
Where are HotelRunner and Bookingate based?
Bookingate is based in London, England, United Kingdom.
Who are the decision-makers at HotelRunner?
Fundz holds 1 contact at HotelRunner. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Leisure and Travel

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

HotelRunner

About

HotelRunner is a SaaS-enabled B2B network where accommodations, travel agencies, and payment systems find, contract, connect, and transact with each other online, at scale. HotelRunner helps accommodations transition their sales and operations from off to online, maximizing their online visibility through a very user-friendly self-service platform and with a freemium business model. HotelRunner provides a complete online sales and distribution management platform for all types of accommodations - including a direct web booking engine, a 2-way channel manager integrated with 150+ online/offline travel agencies, metasearch, wholesalers, and GDS, as well as a sophisticated multilingual website content management system, property management, front-desk and call center management, guest relationship management, reporting, payment collection, and promotion tools.

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Frequently asked

Who acquired Bookingate?

Bookingate was acquired by HotelRunner. The deal was reported on October 1, 2024. HotelRunner is a SaaS-enabled B2B network where accommodations, travel agencies, and payment systems find, contract, connect, and transact with each other online, at scale. HotelRunner is privately held and operates in Leisure.

When did HotelRunner acquire Bookingate?

HotelRunner's acquisition of Bookingate was reported on October 1, 2024. HotelRunner, the leading travel and hospitality technology platform, has announced the acquisition of Bookingate, an innovative B2B travel marketplace and technology platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Bookingate do?

Bookingate is an innovative B2B travel marketplace and technology platform, enabling travel service providers to access and distribute hotel inventory and third-party services. It is privately held, operating in Travel, and is based in London.

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