Skip to content

Search

Latest Stories

SiteMinder, Cloudbeds combine their platforms

The partnership will provide access to SiteMinder’s revenue platform and Cloudbeds’ PMS platform

SiteMinder, Cloudbeds combine their platforms

SOFTWARE PLATFORM SITEMINDER, led by CEO Sankar Narayan, has partnered with PMS software developer Cloudbeds to provide more service to its 60,000 hotelier clients. The collaboration allows Cloudbeds clients direct access to SiteMinder’s revenue platform, while SiteMinder users can leverage Cloudbeds’ PMS platform.

“In late 2023, we announced our mission of making sophisticated revenue management accessible to every hotel in the world,” said Narayan. “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. This partnership is a testament to the $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.”


Hoteliers gain expanded distribution channels and insights, enabling informed commercial decisions, the companies said in a joint statement. The partnership aims to set a new standard in platform integration by providing enhanced onboarding and operational accuracy for hotels.

“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,” said Adam Harris, Cloudbeds’ CEO. “This partnership empowers hoteliers worldwide by providing unified visibility and control across our platforms. 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.”

The Sydney-headquartered SiteMinder operates in the U.S., from Dallas, claiming to generate more than 120 million reservations, totaling more than $50 billion in revenue annually for its hotel customers. Founded in 2012, Cloudbeds serves tens of thousands of properties across over 150 countries worldwide, the statement said.

Hospitality Financial and Technology Professionals recently launched a project to develop a digital responsibility code for the industry, assembling a task force of experts and academics for the initiative.

More for you

HAMA Fall 2025 survey results

Survey: Hotels expect Q4 RevPAR gain

Summary:

  • More than 70 percent expect a RevPAR increase in Q4, according to HAMA survey.
  • Demand is the top concern, cited by 77.8 percent, up from 65 percent in spring.
  • Only 37 percent expect a U.S. recession in 2025, down from 49 percent earlier in the year.

MORE THAN 70 PERCENT of respondents to a Hospitality Asset Managers Association survey expect a 1 to 3 percent RevPAR increase in the fourth quarter. Demand is the top concern, cited by 77.8 percent of respondents, up from 65 percent in the spring survey.

Keep ReadingShow less
The Boxer Boston hotel sold by Hersha Hotels to Eurostars Hotels for $23.6 million
Photo Credit: The Boxer Boston

Hersha sells ‘Boxer Boston’ to Eurostars

Summary:

  • Hersha Hotels & Resorts sold The Boxer Boston to Eurostars Hotels.
  • The company acquired the property in 2012 for $12.6 million.
  • The property now sold for $23.6 million.

HERSHA HOTELS & RESORTS sold The Boxer Boston, an 80-room hotel in Boston’s West End, to Eurostars Hotels, part of Spain’s Grupo Hotusa. The company, which reportedly acquired the property in 2012 for $12.6 million, received $23.6 million for it.

Keep ReadingShow less
Peachtree Group Inc. 5000 2025

Peachtree receives two recognitions

Summary:

  • Peachtree recognized by Inc. and the Atlanta Business Chronicle.
  • Named to the 2025 Inc. 5000 list for the third year.
  • Chronicle’s Pacesetter Awards recognize metro Atlanta’s fastest-growing companies.

PEACHTREE GROUP ENTERED the 2025 Inc. 5000 list for the third consecutive year. The company also won the Atlanta Business Chronicle Pacesetter Awards as one of the city’s fastest-growing private companies.

Keep ReadingShow less
Olympic Wage ordinance 2028
Photo credit: Unite Here Local 11

Petition fails to stop L.A. hotels wage increase

Summary:

  • Failed petition clears way for Los Angeles “Olympic Wage” to reach $30 by 2028.
  • L.A. Alliance referendum fell 9,000 signatures short.
  • AAHOA calls ruling a setback for hotel owners.

A PETITION FOR a referendum on Los Angeles’s proposed “Olympic Wage” ordinance, requiring a $30 minimum wage for hospitality workers by the 2028 Olympic Games, lacked sufficient signatures, according to the Los Angeles County Registrar. The ordinance will take effect, raising hotel worker wages from the current $22.50 to $25 next year, $27.50 in 2027 and $30 in 2028.

Keep ReadingShow less
TBO acquires Classic Vacations

India's TBO to buy U.S. Classic Vacations for $125M

Summary:

  • India-based TBO will acquire U.S. wholesaler Classic Vacations for up to $125 million.
  • The deal combines TBO’s distribution platform with Classic’s advisor network.
  • Classic will remain independent while integrating TBO’s global inventory and digital tools.

TRAVEL BOUTIQUE ONLINE, an Indian travel distribution platform, will acquire U.S. travel wholesaler Classic Vacations LLC from Phoenix-based The Najafi Cos., entering the North American market. The deal is valued at up to $125 million.

Keep ReadingShow less