About Hotetec
Hotetec is a company based in Palma (Spain) founded in 2012 by Ernesto Romero was acquired by Juniper Group in October 2024.. Hotetec offers products and services including Diseño Web, Motor de Reservas, Marketing Digital, Channel Manager, and Inside Consulting. Hotetec operates in a competitive market with competitors including BizzO, GuruHotel, Netaffinity, Business Creation and Viewabl, among others.
- Headquarter Palma, Spain
- Founders Ernesto Romero
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Hotetec Accomodation S.L.
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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
Juniper Group
(Oct 30, 2024)
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Products & Services of Hotetec
Hotetec offers a comprehensive portfolio of products and services, including Diseño Web, Motor de Reservas, Marketing Digital, Channel Manager, and Inside Consulting. 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.
Service for creating and optimizing hotel websites
Software for managing online hotel reservations
Tools to promote hotels and increase visibility
Platform for controlling hotel room distribution
Strategic advice for hotel commercialization
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Funding Insights of Hotetec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Hotetec
Hotetec has secured backing from 1 investor. Prominent investors backing the company include Juniper 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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Juniper Group is engaged in acquiring and building vertical market businesses.
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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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Venture capital is directed toward companies in multiple sectors.
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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 Hotetec
| 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 - Hotetec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Hotetec Comparisons
Competitors of Hotetec
Hotetec 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 BizzO, GuruHotel, Netaffinity, Business Creation and Viewabl, 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 |
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| domain | founded_year | HQ Location |
SaaS-driven white-label apps to digitalize travel, tourism & hospitality industries
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| domain | founded_year | HQ Location |
SaaS channel management solutions for hotels are delivered.
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| domain | founded_year | HQ Location |
Digital marketing solutions are offered for the hospitality industry.
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| domain | founded_year | HQ Location |
Delivers revenue management solutions tailored for the hospitality industry.
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| domain | founded_year | HQ Location |
Provides ADA compliant website solutions for hotels to achieve accessibility compliance.
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| domain | founded_year | HQ Location |
Offers a web-based platform for creating hotel websites.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Hotetec
When was Hotetec founded?
Hotetec was founded in 2012.
Where is Hotetec located?
Hotetec is headquartered in Palma, Spain. It is registered at Palma, Balearic Islands, Spain.
What does Hotetec do?
Hotetec was founded in 2012 in Palma, Spain, as a provider in the hospitality sector. White-label solutions are offered, encompassing booking engines, channel management, online marketing, and related services. Operations support hotels through integrated tools for reservations and digital presence. Clients such as BlueSea, Universal Hotels, and Roc Hotels are served across the industry.
Who are the top competitors of Hotetec?
Hotetec's top competitors include BizzO, GuruHotel and Netaffinity.
What products or services does Hotetec offer?
Hotetec offers Diseño Web, Motor de Reservas, Marketing Digital, Channel Manager, and Inside Consulting.
Who are Hotetec's investors?
Hotetec has 1 investor. Key investors include Juniper Group.