About HotelEngine
HotelEngine is a company based in Turku (Finland) founded in 1999 was acquired by Hoist Group in October 2019.. HotelEngine offers products and services including Property Management System, Booking Engine, Order Management Software, and Dynamic Currency Conversion. HotelEngine operates in a competitive market with competitors including CloudBeds, Hotel Engine, TravelClick, HyperGuest and BookingJini, among others.
- Headquarter Turku, Finland
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Sectors
Travel & Hospitality
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Hoist Group
(Oct 14, 2019)
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Products & Services of HotelEngine
HotelEngine offers a comprehensive portfolio of products and services, including Property Management System, Booking Engine, Order Management Software, and Dynamic Currency Conversion. 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.
Manages daily hotel operations securely and efficiently.
Facilitates direct bookings from websites for hotels.
Handles online order fulfillment for retail stores.
Localizes checkout for international customers.
Funding Insights of HotelEngine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HotelEngine
HotelEngine has secured backing from 1 investor. Prominent investors backing the company include Hoist Group. 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.
| Investor | Description | Founded Year | Domain | Location |
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Software solutions and services are offered for the hospitality sector.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HotelEngine
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - HotelEngine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hotelengine Comparisons
Competitors of HotelEngine
HotelEngine 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, TravelClick, HyperGuest and BookingJini, 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
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| domain | founded_year | HQ Location |
SaaS booking engine solution delivered for hotels and business travelers.
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| domain | founded_year | HQ Location |
Cloud-based solutions for hospitality reservations and management are offered.
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| domain | founded_year | HQ Location |
AI-powered web-based solutions for hotel booking management are provided.
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| domain | founded_year | HQ Location |
Software solutions for hotel management and online bookings are provided.
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| domain | founded_year | HQ Location |
App-based platform to rebook hotels for travelers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about HotelEngine
When was HotelEngine founded?
HotelEngine was founded in 1999.
Where is HotelEngine located?
HotelEngine is headquartered in Turku, Finland. It is registered at Turku, Varsinais-suomi, Finland.
What does HotelEngine do?
HotelEngine was founded in 1999 and is headquartered in Turku, Finland. An online booking platform is provided to hotels for accepting direct reservations on their websites. A gift card shop is also operated online for hotels and restaurants. Services are focused on the hospitality technology sector and extend across Nordic countries, including Sweden, Denmark, Finland, and Norway.
Who are the top competitors of HotelEngine?
HotelEngine's top competitors include CloudBeds, Hotel Engine and HyperGuest.
What products or services does HotelEngine offer?
HotelEngine offers Property Management System, Booking Engine, Order Management Software, and Dynamic Currency Conversion.
Who are HotelEngine's investors?
HotelEngine has 1 investor. Key investors include Hoist Group.
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