web analytics

Cendyn’s Merger With Data Rival Is Latest Private Equity Rollup in Hotel Tech

By Sean O’Neill, Skift


A view of the pool and beach at the Jumeirah Zabeel Saray resort in Dubai, UAE. Jumeirah is a customer of the newly merged Cendyn. Jumeirah

Skift Take: Accel-KKR, a private equity firm based in Silicon Valley, supported Cendyn’s merger with arch-rival NextGuest. Investors are betting that hotels will spend more heavily on data-based tools to gain an edge once the sector’s recession ends.

— Sean O’Neill

Read the Complete Story On Skift

…read more

From:: Skift

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>