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Akshay Ramanathan

BetaKit » innRoad Raises $5.8M to Usher in the Future of Online Hotel Management - 1 views

betakit.com/...ure-of-online-hotel-management

hospitality PMS Indpendent hotels

shared by Akshay Ramanathan on 13 Jun 12 - No Cached
  • outhampton, NY-based innRoad just announced a $5.8 million Series B round of funding
  • back office products specifically targeted at independent hoteliers
  • provides small hotel owners with centralized online tools to help them manage their business
  • ...3 more annotations...
  • hotels can use it to maintain full control over every aspect of the process, from booking, to marketing, to online reputation managemen
  • the funding will help innRoad accelerate its offerings on that side of the equation, which will help hoteliers connect directly with potential guests, something that provides long-term financial benefits over dealing with online intermediaries like Expedia and others
  • innRoad offers a lot of value to small hotels looking to get the tools they need to compete with bigger players
  • Akshay Ramanathan on 13 Jun 12
     
    This article is about innRoad a New York based company that specializes in delivering SaaS and web based PMS and software solutions specifically targeted at independent hotels. The article mentions how the company just received almost $6 Million dollars to invest in expanding and and building their sales team. The CEO of the company brings up an interesting point about brands, and mentions that its becoming less and less about he size or name of the brand but rather how your peers and others rate their experience in a particular hotel. This will provide leverage for smaller independent hotels to gain popularity and grow. InnRoad's software is doing big things to help its clients better connect with customers and manage their properties.
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