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Hotels will now have access to advanced analytics and business intelligence following the new integration between HotelIQ and apaleo. The partnership brings together apaleo's open hospitality platform with HotelIQ's cloud-based analytics, giving hospitality companies the tools they need to gain strategic insights and make better decisions.
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(Munich, March 1st 2023). Apaleo, The open hospitality platform, announces a growth equity round bringing its Series A funding to €9 million. Apaleo selected new growth investors, Rockaway Ventures and Serpentine Ventures to lead the round with returning investors including Redalpine, and Force Over Mass Capital. Several high-profile angel investors from the hospitality industry have also joined the round. The funding will primarily be used to further develop the platform for hotel & serviced apartment chains as well as accelerate expansion throughout Europe.
The Spanish market is incredibly diverse and independent hotels dominate the region with roughly two-thirds of the market. However, all hotels and serviced apartments are in constant need of better tools to improve the guest journey while increasing efficiency. Until now, large hotel chains led the change to adopt the most efficient and innovative solutions. With smaller budgets, Independents and small hotel chains depend on legacy PMS technology, which is a challenge when trying to upgrade their hotel stack. Now is the right time for Apaleo to resolve these challenges in Spain with its hospit...
Everyone knows the unpleasant feeling of arriving in a hotel room that does not meet your expectations. “With Expect Me, we are eager to change that. You can choose your seats in the theatre or on the plane but choosing your individual room in a hotel is not yet possible. We are the first room selection and upselling platform of its kind in the market,” founder and CEO Roeland Verhamme proudly shares.