Group Reservation System

Milan, Italy Founded: 2020 • Age: 6 yrs Acquired By Civitfun
Cloud-based group booking and reservation management solutions are offered.
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About Group Reservation System

Group Reservation System is a company based in Milan (Italy) founded in 2020 was acquired by Civitfun in July 2023.. Group Reservation System offers products and services including Group Reservation System Platform. Group Reservation System operates in a competitive market with competitors including CloudBeds, Hotel Engine, HyperGuest, bookingkit and Eviivo, among others.

  • Headquarter Milan, Italy
  • Sectors
    Travel & Hospitality
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Civitfun Tourism S.L.
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology
Travel & Hospitality → Hospitality, Lodging & Accommodation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Civitfun

    (Jul 25, 2023)

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Products & Services of Group Reservation System

Group Reservation System offers a comprehensive portfolio of products and services, including Group Reservation System Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tool for digitizing and automating group hotel reservations.

Funding Insights of Group Reservation System

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Group Reservation System

Group Reservation System has secured backing from 1 investor. Prominent investors backing the company include Civitfun. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
White-label apps for hotel check-in management are developed and provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Group Reservation System

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Group Reservation System

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Group Reservation System Comparisons

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Competitors of Group Reservation System

Group Reservation System operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CloudBeds, Hotel Engine, HyperGuest, bookingkit and Eviivo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Browser-based software solutions for hotels and other accomodations
domain founded_year HQ Location
SaaS booking engine solution delivered for hotels and business travelers.
domain founded_year HQ Location
AI-powered web-based solutions for hotel booking management are provided.
domain founded_year HQ Location
SaaS booking management solutions are provided for travel service providers.
domain founded_year HQ Location
End-to-end software solutions for vacation rental management are offered.
domain founded_year HQ Location
Cloud-based solutions for hospitality reservations and management are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Group Reservation System

Frequently Asked Questions about Group Reservation System

When was Group Reservation System founded?

Group Reservation System was founded in 2020.

Where is Group Reservation System located?

Group Reservation System is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.

What does Group Reservation System do?

Group Reservation System was founded in 2020 in Milan, Italy, as a SaaS provider in the travel and hospitality sector. Cloud-based tools are delivered to enable real-time distribution of group availability and rates to hotels and travel providers. Manual booking processes are streamlined, and costs are reduced through automated management. Online reservations are facilitated for group travel planners via the platform.

Who are the top competitors of Group Reservation System?

Group Reservation System's top competitors include CloudBeds, Hotel Engine and HyperGuest.

What products or services does Group Reservation System offer?

Group Reservation System offers Group Reservation System Platform.

Who are Group Reservation System's investors?

Group Reservation System has 1 investor. Key investors include Civitfun.

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