Hotel Engine Achieves $2.1B Valuation With $140M Permira Investment
🏨 SiteMinder, a leading hotel distribution and revenue platform, launched 'Dynamic Revenue Plus' for live market intelligence and immediate action on inventory, pricing, and distribution. The solution leverages 120 million annual reservations data and will soon incorporate IDeaS' dynamic pricing recommendations. Initially available in Australia and New Zealand, with a global rollout expected in 2025, it aims to make revenue management accessible to all hotels. The launch aligns with rising travel and events, helping hotels capitalize on demand surges and market shifts.
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