Announced
Completed
Financials
Sources
Tags
United Kingdom
Majority
Private
revenue optimization
Software
Single Bidder
Friendly
AI SaaS
Acquisition
Completed
Domestic
Synopsis
FLYR Labs, a provider of revenue operating system for airlines, completed the acquisition of Pace Revenue, a provider of SaaS for revenue optimization and commercial decision intelligence for hotel and lodging companies. Financial terms were not disclosed. “Our mission is to give power back to the supply side in the travel industry. We do this through a platform that gives them plug-and-play digital transformation and enables them to differentiate against their competition and online travel agencies (OTAs). From the moment we first spoke with FLYR, it was incredible to see the alignment between our missions. By joining forces we are building a truly transformative company in hospitality,” Jens Munch, Pace Revenue Founder and CEO.
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