Group booking platform HotelPlanner acquires Room 77
Group hotel booking platform HotelPlanner announced the acquisition of hotel comparison site Room 77.
Based out of Culpeper, VA, Room 77 offers more than 200,000 hotels around the world via searches through Expedia, Priceline, Orbitz, Booking.com, Hotels.com and with hotels directly.
It also offers exclusive rates not published at other major travel sites.
HotelPlanner has five million customers globally, servicing an estimated $10 billion in revenue in 2018, which is about 40% annual growth.
It expects a similar growth trajectory in 2019 thanks to the Room 77 acquisition.
"Our acquisition of Room 77 is HotelPlanner’s biggest deal to date and follows a number of recent acquisitions that help further position our company," said Tim Hentschel, CEO of HotelPlanner.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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