HRS acquired and merged with The Lido Group.

HRS, the leading global hotel solutions technology provider in business travel, acquired and merged with The Lido Group, a prominent provider of automated hotel and hospitality technology in Australia and New Zealand. Financial terms were not disclosed. “This merger is good news for a marketplace that is increasingly aggressive in implementing automation and technology that minimizes hotel costs while maximizing business traveler satisfaction,” said Ana Pedersen, Managing Director of HRS Australia/New Zealand. “What makes this stand out is the unsurpassed combination of leading technology - like HRS’ proprietary ‘Recommendation Engine’ and Hotel Rate Filtering Solution - with the expertise of our 60+ staff located in Australia.”