Booking platform HotelEngine acquired by Hoist Group

October 21, 2019
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Hoist Group announces the acquisition of HotelEngine, a Finalnd-based online booking tech specialist but has yet to release for how much

Hoist Group, which offers a range of services to hotels from property management to guest services, says the acquisition will help hotels attract more bookings via direct channels.

“HotelEngine completes our PMS product suite by adding a full and reputed booking engine functionality. Having been active across the Nordic market for many years, HotelEngine has a reputation for following customer evolution and rapid technological changes in hotel distribution.”

— Alfonso Tasso, CEO of Hoist Group

HotelEngine also offers a gift card service for hotels and restaurants. It was founded in 1999.

Its new owner, Hoist, was created in 1994 and launched subsidiaries in the Nordics, Russia and Finland between 1999 and 2009.

Hoist acquired Locatel in 2014 and Swisscom Hospitality in 2015. More recently it acquired hotel technology provider Paragon Systems.

Read more here

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