Home > Home > IHS, owned by Battery Ventures, acquires InnLink and TravLynx in hotel CRS landgrab

IHS, owned by Battery Ventures, acquires InnLink and TravLynx in hotel CRS landgrab

04/09/2014| 10:33:20 PM| 中文

Today IHS says it has acquired InnLink, one of the largest CRS providers to independent hotels in North America, and its sister technology provider TravLynx.

Hotels originally set up computer reservation systems (CRS) to book reservations as a way of tracking inbound guest requests.

CRS quickly became more than just a way to track sales. It became a business of its own — and that industry now appears to be consolidating.

Last summer venture capitalist firm Battery Ventures acquired IHS, a portfolio of companies that includes Trust International, Europe’s largest CRS provider by number of reservations processed; Worldhotels (a group of independent hotels); and the sales management solutions provider Nexus.

Today IHS says it has acquired InnLink, one of the largest CRS providers to independent hotels in North America, and its sister technology provider TravLynx.

The terms of the deal for the privately held companies were not disclosed. Battery Ventures has stated in the past nine months that it is increasingly interested in the hospitality area and has made some major investments.

Read full story at:http://www.tnooz.com/article/tues-trust-international-acquires-travlynx-expanding-distribution/

TAGS: IHS | InnLink | TravLynx | CRS
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