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New Deal


Announced

Best Western Hotels & Resorts to acquire AutoClerk.

Financials

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Tags

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Software

Natural

Pending

Private

Single Bidder

United States

application software

Acquisition

Synopsis

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Best Western Hotels & Resorts, a company that owns and operates a chain of hotels, agreed to acquire AutoClerk, developer of hotels management software. Financial terms were not disclosed. According to David Kong, Best Western President & CEO, the acquisition is part of a longer-term plan that will perhaps allow an evolution to a single database shared between the central reservation and the property management systems. “With the PMS, we’ve completed that entire value chain of Best Western owning the two-way connectivity between enterprise systems,” Greg Adams, Best Western Chief Digital Officer.

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