Deal sees firm solve distribution, direct, and offline sales challenges for travel agencies, DMCs, and tour operators
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HotelRunner snaps up B2B travel marketplace Bookingate
Turkish travel and hospitality technology platform HotelRunner has announced its acquisition of Bookingate, a B2B travel marketplace and technology platform.
This strategic acquisition reinforces HotelRunner’s mission to extend its industry leadership by strengthening its commitment to completing the travel value chain for supply and demand.
With the inclusion of Bookingate, a platform that enables travel service providers to access and distribute hotel inventory and 3rd party services, HotelRunner is now an all-in-one solution for the entire travel industry.
The platform can solve distribution, direct, and offline sales challenges for travel agencies, DMCs, and tour operators, connecting them with various suppliers.
The addition of Bookingate amplifies the scope and functionality of HotelRunner Connect.
Its fourth acquisition of the year, the move will enhance the current service offering while broadening the role of HotelRunner Connect as an end-to-end solution for the entire travel ecosystem.
It will provide new offerings for clients including advance hotel contract, a "robust" connectivity bridge and "transform static agencies"
Arden Agopyan, founder and managing partner of HotelRunner, said: "Bookingate is a game-changing addition that aligns perfectly with our vision of creating a bigger travel economy.
"With this acquisition, we are enhancing our platform’s capabilities to deliver the industry's most advanced travel management solution, unlocking unprecedented growth opportunities for our large network of travel industry members.”
Ali Beklen, founder and managing partner of HotelRunner, added: "We are thrilled to welcome Bookingate into the HotelRunner platform, becoming an all-encompassing travel platform for travel agencies, hotels, buyers, and suppliers.
"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.”
