Constellation Software program invests in hotel-travel market


Roibos, a market that connects hoteliers and journey operators, has secured an funding from VMS Ventures, a division of Constellation Software Inc. The undisclosed funding will allow Roibos to speed up its progress and broaden its world presence.

Roibos’ platform
provides clear and direct connectivity, empowering journey suppliers to
join immediately with resorts. The brand new funding will allow Roibos to spend money on
new expertise and broaden its workforce to fulfill rising buyer wants.

thrilled to companion with VMS Ventures, who brings a wealth of expertise and
sources to our firm,” mentioned Patricia Rossello and Jaime Sastre, the
founders of Roibos. “This funding will allow us to proceed constructing
on our success and ship even higher worth to our prospects.”

VMS Ventures
and Constellation Software program, via its Juniper Journey Know-how Portfolio, have a monitor report
of investing in high-growth journey expertise corporations. Earlier this month, Constellation Software acquired Peakwork, a specialist in dynamic packaging expertise, for an undisclosed sum.

The investing corporations will work intently
with Roibos to assist it obtain its strategic targets. Its platform is a market the place journey suppliers can join immediately with
resorts, which might see precisely who’s reserving their rooms and set and implement
particular person price insurance policies for every journey supplier. The direct connection permits
each side to enhance income by avoiding commissions to further

Phocuswright Europe 2023

High leaders from European resort teams talk about servicing excessive demand, fixing the labor scarcity, defending the atmosphere and accelerating income.

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