SiteMinder & Cloudbeds forge strategic hospitality alliance

SiteMinder has formed a strategic partnership with Cloudbeds, a leading platform in Property Management Systems (PMS) for the hospitality industry. This collaboration aims to enhance distribution capabilities and offer new revenue opportunities for over 60,000 hoteliers globally.

The partnership will allow Cloudbeds customers to directly access SiteMinder's robust revenue platform. Simultaneously, SiteMinder's customers will have the opportunity to explore the PMS platform that Cloudbeds offers. The alliance is expected to provide expanded distribution capabilities and actionable insights, enabling hoteliers to make more informed commercial decisions.

This initiative seeks to establish a new standard in platform connectivity, offering a smoother onboarding experience and increased operational precision for hoteliers using both platforms. According to SiteMinder's CEO and Managing Director, Sankar Narayan, this partnership supports their mission to make sophisticated revenue management accessible to every hotel worldwide. He remarked that SiteMinder processes hotel revenue amounting to AUD $75 billion annually and is uniquely positioned to revolutionise revenue management within the global hotel industry.

Adam Harris, the CEO of Cloudbeds, commented that the partnership reflects a shared commitment to enhancing connectivity between hotel platforms and setting new standards to benefit hoteliers globally. The collaboration allows for unified visibility and control across both platforms, promising to facilitate incremental revenue opportunities and streamline operational aspects of hotel management.

This partnership is expected to further solidify the position of both companies within the highly fragmented hospitality industry, providing mutual hotel users with innovative solutions that address common industry challenges.