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HotelRunner, the main hospitality and journey know-how supplier, proudly publicizes 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, good gross sales system designed solely for eating places, resorts, and retail shops. PayPad expanded into the worldwide market with a shopper base in the UK, Spain, america, and Türkiye. This strategic acquisition marks a major milestone in HotelRunner’s mission to supply a complete, all-in-one answer with a selected deal with the resorts’ on-premise gross sales and funds.
With its new and superior id, HotelRunner POS presents a simple and efficient method 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 cost 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 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 Collection A spherical and acknowledged that the funds can be used to proceed to construct a strong world presence, develop the staff, and make investments closely in delivering cutting-edge know-how. Standing behind its dedication, over the previous 12 months, HotelRunner has achieved outstanding product launches, together with Insights, Autopilot, and Overview Middle, all of which have been instrumental in advancing towards its objective of offering a holistic platform powered by progressive 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, mentioned, “Our strategic acquisition of PayPad and the beginning 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 economic 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 varieties 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 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 hitch forces with HotelRunner and turn into 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 will likely be regularly rolled out worldwide to supply one of the best expertise to all lodging companies, beginning with current HotelRunner companions. For extra info, you possibly can 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 Reserving.com Premier Connectivity Companion and Greatest Total Performing Companion, Expedia Most popular Connectivity Companion, Airbnb Software program Companion, Agoda Revolutionary Provider, Oracle, Hotelbeds, trivago, and Google Resort Advertisements strategic companion.
For extra about HotelRunner, go to the web site.
Media relations contact: media@hotelrunner.com
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