SaaS startups have become the darling of Venture Capital investors, especially in the Hotel industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 2 VC funded SaaS startups in the Hotel industry.
The goal of Cloudbeds is to power every property on the planet with our seamless, cloud-based hospitality management system. We provide independent hotels and hosts with the tools they need to improve their operational efficiency, increase income, and create exceptional guest experiences. With its corporate headquarters in San Diego, California, Cloudbeds was established in 2012.
Through its market-leading collection of cloud-based business intelligence tools, including Rate Insight, Parity Insight, and Revenue Insight, OTA Insight equips hotels to make wiser revenue and distribution choices. The OTA Insight platform interacts with various industry products like hotel property management systems, top revenue management systems, and data benchmarking suppliers. It offers live updates, 24/7 assistance from our customer success team, and a very intuitive and customizable interface. Over 50,000 properties are supported by the global team of professionals at OTA Insight, which has members headquartered in the UK, US, France, Germany, Belgium, Spain, Italy, Brazil, Mexico, Singapore, Australia, India, and Greece. One of the top 10 "Ones to Watch" in the Sunday Times Tech Track 100, OTA Insight is a well-known innovator in the hospitality industry.