RCS - HotelRunner - HotelRunner Acquires PayPad

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19/09/2023 09:15

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RNS Number : 8322M  HotelRunner   19 September 2023

HotelRunner Acquires PayPad in a Strategic Move Into On-Premise Sales
Operations

HotelRunner, the leading hospitality and travel technology provider, proudly
announces its acquisition of PayPad, a high-end point-of-sale system, and
revamps it as HotelRunner POS, cementing its position as an industry-leading
all-in-one technology platform.

LONDON, ENGLAND / ACCESSWIRE / September 19, 2023 / Founded in 2016, PayPad
is a cloud-based, smart sales system designed exclusively for restaurants,
hotels, and retail stores. PayPad expanded into the global market with a
client base in the United Kingdom, Spain, the United States, and Türkiye.
This strategic acquisition marks a significant milestone in HotelRunner's
(https://pr.report/4CbfgB9Y)  mission to offer a comprehensive, all-in-one
solution with a specific focus on the hotels' on-premise sales and payments.

Related Images
(https://cdn.newswire.com/files/x/f5/b3/ea4be5602bc8daeee7afdd3684e9.png)

HotelRunner Acquires PayPad in a Strategic Move into On-Premise Sales
Operations

With its new and advanced identity, HotelRunner POS
(https://pr.report/IvQHPXfZ)  presents an effortless and effective way to
run food and beverage operations, offering accommodation businesses a fresh
avenue to enhance their revenue streams. Fully integrated with HotelRunner
PMS, HotelRunner POS allows accommodations to manage their on-premise
sales and payment operations with ease. Hoteliers can accept payments in
multiple methods, analyze every aspect of their business, and take AI-driven,
intelligent, and automated actions resulting in enhanced productivity and
increased profitability. This development represents a momentous shift for
HotelRunner as it delves into on-premise sales operations for the first time,
highlighting its sales-first approach in the hospitality and travel technology
landscape.

In January 2023, the company closed a successful Series A round and stated
that the funds would be used to continue to build a solid global presence,
grow the team, and invest heavily in delivering cutting-edge technology.
Standing behind its commitment, over the past year, HotelRunner has achieved
remarkable product launches, including Insights, Autopilot, and Review Center,
all of which have been instrumental in advancing toward its goal of providing
a holistic platform powered by innovative technology. This milestone marks the
third acquisition in HotelRunner's ongoing acquisition spree aimed at
consolidating the industry under its roof while proudly extending its
offerings to serve the diverse needs of its partners.

Arden Agopyan, Founder and Managing Partner of HotelRunner, said, "Our
strategic acquisition of PayPad and the birth of HotelRunner POS aren't merely
about enhancing our product offerings; it's a bold leap toward our vision of
building a bigger travel economy. As we welcome HotelRunner POS into our
expansive ecosystem as a foundational part, we solidify our presence in the
payments and sales verticals in travel and hospitality. We're proud to shape
the path toward industry consolidation and usher in a transformative era,
reinforcing our brand's legacy."

Ali Beklen, Founder and Managing Partner of HotelRunner, added, "With PayPad
seamlessly integrated into the HotelRunner's unique market-network, we're
spearheading a technology revolution that forms the cornerstone of a unified
digital travel ecosystem. Beyond elevating the guest experience and optimizing
operational efficiency for accommodations, this strategic move underscores the
power of frictionless all-in-one platforms as the key to success. This
acquisition unlocks a new untapped opportunity and sets a path to delivering
unrivaled value and pioneering innovation for our partners."

Veysel Berk, the Founder of PayPad, also shared his thoughts on the
acquisition: "HotelRunner is democratizing the use of technology for every
player in the global ecosystem. As both teams share the same values, culture,
and product principles, we are thrilled to join forces with HotelRunner and
become part of its broad vision. PayPad, revamped as HotelRunner POS, will
play a pivotal role in adding exponential value to properties worldwide,
ushering in a new era of advanced sales solutions in travel and hospitality."

HotelRunner POS will be gradually rolled out worldwide to offer the best
experience to all accommodation businesses, starting with existing HotelRunner
partners. For more information, you can visit here
(https://pr.report/4Rlqsm3-) .

About HotelRunner

HotelRunner is a data-driven SaaS-enabled unified sales, operations, and
distribution management platform and B2B network for accommodations, travel
agencies, and payment providers. HotelRunner has thousands of accommodation
and travel agency partners globally. HotelRunner is a Booking.com Premier
Connectivity Partner and Best Overall Performing Partner, Expedia Preferred
Connectivity Partner, Airbnb Software Partner, Agoda Innovative Supplier,
Oracle, Hotelbeds, trivago, and Google Hotel Ads strategic partner.

For more about HotelRunner, visit the website (https://pr.report/48UawlGA) .

Media relations contact: media@hotelrunner.com (https://pr.report/PpkOiVK3)

Contact Information

Suheyla van Taarling

Head of Brand
suheyla@hotelrunner.com (mailto:suheyla@hotelrunner.com)

00905314010303

SOURCE: HotelRunner

 

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