TravelClick, the provider of revenue generating solutions for hoteliers, has announced the acquisition of EZYield.
Following the deal, which concluded on 4 November, EZYield’s distriubution management products will continue to be offered as standalone solutions. Over time however, the products will be integrated into TravelClick’s iHotelier central reservation systems (CRS) as well as other property management systems (PMS) and central reservations systems (CRM).
“Third party distributors, such as online travel agencies, are a critical source of revenue for hotels, and TravelClick is committed to bringing its customers the best global channel management solution to maximise revenue through these channels,” said Larry Kutscher, chief executive officer of TravelClick.
“EZYield is the clear leader in this space due to its best-in-breed platform and technology, the large number of distribution channels it serves and its outstanding team. Together, our combined company will provide hotels with the unparalleled opportunity to manage rates and inventory across all channels through a single platform,” he added.
James Filsinger, former chief executive officer of EZYield, will lead TravelClick’s combined channel management business and report to Jonathan Cherins, executive vice president and general manager of reservations solutions. The company will remain in Orlando, Florida.