HotelRunner Makes Third Acquisition to Expand Its Hotel Tech System
Summary
HotelRunner, a hotel tech startup, has acquired the point of sale software company PayPad. The PayPad technology allows hospitality companies, primarily food and beverage operations, to complete on-premises sales and payments. The tool can be used to accept multiple methods of payments, analyze sales, and more easily take actions based on data. The company said previously that it plans to explore more acquisition deals to further consolidate this fragmented sector of travel tech. Wix last year relaunched its software service for hotels with technology powered by HotelRunner’s products.
Classifications
industries
Fintech & Banking
applications
No applications detected
AskAI Classifications
Labels
Hospitality Software
SaaS
Property Management System
Linked Companies
HotelRunner
$5M to $10M