About Hotel Reservation System
Hotel Reservation System is a company based in Koln (Germany) founded in 1972. Hotel Reservation System has completed 6 acquisitions, including HolidayInsider, Hotel De and Itelya. Hotel Reservation System offers products and services including HRS App and Online Booking Platform. Hotel Reservation System operates in a competitive market with competitors including Selina, Hotel De, HolidayInsider, R3charge and IntercityHotel, among others.
- Headquarter Koln, Germany
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Sectors
Travel & Hospitality
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Hrs Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$2.73 M (USD), Grant
Apr 17, 2023
- Investors
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Employee Count
Not available
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Investments & Acquisitions
HolidayInsider
& 5 more
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Products & Services of Hotel Reservation System
Hotel Reservation System offers a comprehensive portfolio of products and services, including HRS App and Online Booking Platform.
App for booking hotels and managing business travel options
Website for hotel reservations with discounts and ratings
People of Hotel Reservation System
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Data Analysis and Operations Team
31 people
Product Management Team
29 people
Software Development Team
24 people
Leadership Team
8 people
Finance and Accounting
6 people
Human Resources and Administration
6 people
Sales and Marketing
5 people
Board Team
4 people
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Funding Insights of Hotel Reservation System
Investors in Hotel Reservation System
Hotel Reservation System has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Locked | Locked | Locked |
Investor details for Hotel Reservation System
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Investments & Acquisitions by Hotel Reservation System
Hotel Reservation System has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include HolidayInsider, Hotel De and Itelya.
Investment portfolio details for Hotel Reservation System
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Mobile internet and TV services are provided to customers.
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Locked | Locked | 2015 | Locked | |
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Hotel reservation management solutions are provided by Smarthotel.
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Locked | Locked | 2014 | Locked | |
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Travel expense management platform provided for payments and invoices.
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Locked | Locked | 2012 | Locked |
Complete acquisition details for Hotel Reservation System
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Verified entity values are shown only after access is granted.
Financial Statements - Hotel Reservation System
Detailed financials for Hotel Reservation System
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Hotel Reservation System Comparisons
Peer comparison for Hotel Reservation System
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Competitors of Hotel Reservation System
Hotel 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 Selina, Hotel De, HolidayInsider, R3charge and IntercityHotel, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform for booking hostel accommodation and co-working spaces for travelers
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Hotel accommodations are booked online via a mobile-enabled platform.
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Online marketplace for hotel booking
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Online platform for booking hotel accommodations
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Provides city hotels for business trips, meetings, and leisure stays in Europe.
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Detailed competitors of Hotel Reservation System
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Latest news on Hotel Reservation System
Complete news archive for Hotel Reservation System
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Frequently Asked Questions about Hotel Reservation System
Hotel Reservation System was founded in 1972 and raised its 1st funding round 47 years after it was founded.
Hotel Reservation System is headquartered in Koln, Germany. It is registered at Koln, North Rhine-westphalia, Germany.
The Hotel Reservation System was founded in 1972 in Cologne, Germany, and functions as an online platform within the travel sector. Accommodations are searched and reserved by users on hrs.com by entering details such as destinations, check-in and check-out dates, guest numbers, and payment information. Operations focus on enabling secure bookings for various traveler needs across global locations.
Hotel Reservation System's top competitors include Selina, Hotel De and bookitgreen.
Hotel Reservation System offers HRS App and Online Booking Platform.
Hotel Reservation System has made 6 acquisitions, including HolidayInsider, Hotel De, and Itelya.
Hotel Reservation System has 1 investor. Key investors include European Union.