The HRS Group acquires Hotel Beacons.

The HRS Group, the leading Global Hotel Solutions end to end technology provider in business travel, agreed to acquire Hotel Beacons (conichi) and will integrate their technology into the HRS payment product platform. Financial terms were not disclosed. "The acquisition is proof of the strong performance of the entire conichi team over the last few years. I am grateful for every second with this unique team. We are proud that our HRS roots only grow stronger now, and that together – leveraging global resources, superior data integration, and regional expertise – we’ll be on the front lines of global corporate payment automation for years to come.” Maximilian Waldmann, Co-Founder, Hotel Beacons.