HotelRunner buys hotel analytics platform RateFor
09/04/2020|3:18:19 PM|Phocuswire

Accommodation distribution service HotelRunner has acquired RateFor in a bid to broaden its range of services to properties and online travel agencies. 

Terms of the deal to buy two-year old RateFor were not disclosed.

HotelRunner says the acquisition is part of a strategy to provide a "complete tech stack" for hotels.

This will include property management tools, direct booking services, channel management and rate intelligence and comparison via the RateFor platform.

Turkey-based RateFor's team, including founders Mesut Mert and Alican Soysal, will join HotelRunner as part of the acquisition.

Founder and managing partner Ali Beklen says: "Our goal is to take both ourselves and the currently stagnant tourism ecosystem one step further through strategic moves.

The company also says it has plans to dip further into the acquisitions when the opportunities arises. 

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