London, UK – 1st October 2024 – HotelRunner acquires Bookingate, a platform known for providing travel agencies access to hotel inventory and hospitality services. With its inclusion in HotelRunner’s portfolio, the latter aims to become a tech-powered, all-in-one solution for the hospitality and travel industry.
HotelRunner’s Bookingate acquisition will also help improve its platform’s B2B functionalities for global travel agencies, metasearch platforms and travel payment providers. The stakeholders of HotelRunner believe the strategic acquisition will empower their long-established brand in leading the travel and tourism sector.
Founder and Managing Partner of HotelRunner, Ali Beklen, expressed excitement about the acquisition and its potential to make them the go-to solution for tourists, travel agencies, hotels and hospitality suppliers. He said,
“With the acquisition of this promising startup and its innovative technology, we are expanding our platform and creating a new ecosystem by uniting fragmented B2B players in the global travel market.”
The move will give HotelRunner’s platform new features, such as advanced contracting with travel agencies and third-party service providers. It will also enable a more connected ecosystem between hospitality players such as hotels, tour operators, travel agencies, airlines and car rental services.
Bookingate’s technology platform will also empower agencies to leverage online tools in the digital-first landscape, a vision set out by HotelRunner over a decade ago.
Arden Agopyan, Founder and Managing Partner of HotelRunner, spoke about the acquisition,
“Bookingate is a game-changing addition that aligns perfectly with our vision of creating a bigger travel economy.”
The strategic acquisition of Bookingate aligns the strengths of both businesses in creating a unified solution for the travel and hospitality ecosystem.
Source: https://x.com/HotelRunner/status/1841010162976637358
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