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Quendoo to launch in UK following investment round

  • Eloise Hanson
  • 12 July 2024
  • 2 minute read
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This article was written by Boutique Hotel News. Click here to read the original article

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UK: Direct bookings platform Quendoo will launch in the UK following a €1 million funding round led by Capital Investment Fund, part of the Bulgarian Development Bank.

Quendoo provides a booking engine, channel management, and website generation products for hotels, operators and property managers. 

Its cloud-based tools integrate with Google Hotels, Opera PMS (Oracle) and Clock PMS+, enabling direct guest access to live availability. For operators and managers, the platform provides synchronisation across marketing channels, offering opportunities to upsell and increase revenue.

Quendoo also provides a B2B marketplace where hoteliers and property managers can publicise specific rates, displayed via a real-time API integration on tour operators’ and agents’ own channels.

Co-founder of Quendoo, Christophe Gater, said: “All hotels use software to manage prices and availability, but many lack real-time connectivity to distributors, marketing channels and payment systems; this restricts their profit and growth. Quendoo offers hoteliers the opportunity to access and profit from real-time bookings, maximising the value of each booking and retaining the customer relationship.

“It’s surprising how many UK hotels still don’t have a booking facility on their website, instead relying on OTAs. This leaves too many industry professionals handing over profits and manually logging bookings. Our optimisation tools enable hoteliers to take back control of their bookings, reduce risk and retain revenue,” he added.

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The company’s services have no set-up fees or subscriptions, and charges for the booking engine are 1.95 per cent per booking.

Its latest €1 million funding round (June 2024) was led by Capital Investments Fund, the growth investment arm of state-owned Bulgarian Development Bank, alongside Vitosha Venture Partners.

Please click here to access the full original article.

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