HotelPlanner acquires Australian venue platform EventConnect
Group hotel booking platform HotelPlanner has revealed it has acquired Australia-based online venue marketplace EventConnect.com.
EventConnect offers a marketplace for Asia Pacific based hotels, venues and event suppliers to showcase their products while promoting their latest news and offers.
Financial terms of the deal are undisclosed but purchase price is in the seven figures, HotelPlanner said.
EventConnect will continue to operate as normal while it continues to expand into new markets.
"Our acquisition of EventConnect.com helps further our position as a leader in the global group bookings space and accelerates the company’s growth, particularly in the Oceana and APAC region," said HotelPlanner CEO and founder Tim Hentschel.
The acquisition marks another significant step for HotelPlanner’s Asia Pacific footprint.
It has opened a Singapore office and launched sites Hotelplanner.sg, Hotelplanner.com.sg, and Meetings.com.sg.
It now has a presence in London, Amsterdam, Hong Kong, Singapore, Melbourne, West Palm Beach, FL and Las Vegas, Nevada.
"It is very exciting to be joining the HotelPlanner family. The strength and reach that comes with joining a global leader will be invaluable in supporting our growth plans," said Steve Coombes, founder of EventConnect.com.
TravelMole Editorial Team
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.
BA suspending all Heathrow to Abu Dhabi flights
Turkish Airlines flight in emergency landing after pilot dies
Unexpected wave rocks cruise ship
Woman dies after going overboard in English Channel
Foreign Office issues travel advisory for winter sun destinations