It hopes to offer distribution and revenue chances
SiteMinder and Cloudbeds partner to create new opportunities for hotels
Accomodation software provider SiteMinder and PMS platform provider Cloudbeds have unveiled its new strategic partnership to expand connectivity between platforms.
It is hoped the collaboration will create new revenue capabilities for more than 60,000 hoteliers globally.
It will provide Cloudbeds customers with direct access to SiteMinder’s powerful revenue platform, while SiteMinder customers can explore the industry-leading PMS platform offered by Cloudbeds.
As a result, clients will have expanded distribution capabilities and insights.
“In late 2023, we announced our mission of making sophisticated revenue management accessible to every hotel in the world," said Sankar Narayan, CEO and managing director of SiteMinder.
"We are excited to partner with an industry leader like Cloudbeds to propel this mission, by removing the friction that comes with having critical data hidden away in isolated systems.”
He added: “This partnership is a testament to the US$50 billion hotel revenue that is processed by SiteMinder’s platform each year as well as the unique position that we hold to completely transform revenue management for the global hotel industry.
It continues SiteMinder’s long history of breaking down silos in a highly-fragmented industry," he said.
Adam Harris, CEO at Cloudbeds, said: “Our partnership with SiteMinder is about two of the hotel industry’s biggest names coming together with a mutual commitment to drive forward deeper connectivity between hotel platforms and create new standards that benefit hoteliers everywhere.
"This is just the beginning. We are excited to deliver incremental revenue opportunities for hoteliers while optimizing and streamlining the operational aspects of hotel connectivity.”