GuestCentric Systems has completed a $4 million round of institutional financing led by new investor InovCapital, participated by Turismo Capital and all its major seed investors.
Published: 14 Jul 2009
GuestCentric Systems has completed a $4 million round of institutional financing led by new investor InovCapital, participated by Turismo Capital and all its major seed investors.
The company is emerging as a challenger to traditional hotel software companies by providing e-Commerce optimisation features in a Software-as-a-Service model.
The GuestCentric platform serves independent hotels, enabling them to offer their customers a personalised experience and help them in booking directly with the hotel.
The closing of the Series A round follows GuestCentric’s product introduction in 2008 and the rapid growth of its customer base during the past six months, showing an unprecedented 100% customer success ratio of free trials performed in 2009.
According to a recent Google whitepaper, the number of mobile users researching travel via their mobile devices is expected to grow 51% in 2012.
IN-DEPTH: If rail is to become truly international, the technology that facilitates and standardises the search, booking and fulfillment process will need to have the kind of reach that a global distribution system can provide, says Thomas Drexler, director of Rail, Amadeus.
Corporate services company Hogg Robinson Group (HRG) has unveiled its new interactive mapping and reporting tool, HRG Insight.