Zucchetti Group completed the acquisition of Rateboard.

Zucchetti Group, an Italian software company, completed the acquisition of Rateboard, a designer and developer of revenue management software. Financial terms were not disclosed. “RateBoard has developed a very innovative solution, which offers real benefits for managing hotels and hotel chains; that is why we have signed an agreement to distribute its services, which recommends the best rate. This takeover will allow us to further strengthen and optimize these synergies and to offer our customers an integrated solution alongside the other components we offer in the hospitality world. Zucchetti and RateBoard made their group debut at the Hotel Revenue Forum, which was held on 23 January 2020 in Milan,” Angelo Guarani, Zucchetti Horeca Director.