SDR +21.53%: the accommodation booking platform hit the highest level since February in the latest upgrade in the travel and tourism space. SiteMinder, the booking and payment engine behind a number of hotels, said revenue for FY23 was expected to grow 30.5%.
SiteMinder Limited is an Australia-based company, which offers a cloud-based platform for hotel and accommodation providers operating in Australia, the Asia Pacific, the Americas, Europe, the Middle East, and Africa. It offers Channel Manager, which manages and distributes rooms, rates and availability information for distribution channels; Booking Engine, which provides functionality for guests to book stays directly on a hotel or accommodation provider's Website; Little Hotelier, which provides solutions for vacation rental properties, bed and breakfasts and small hotels; Multi-Property for enterprise properties; GDS connects hotels and accommodation providers, and other travel industry service providers with corporate travel agents; Demand Plus for bookings; Hotel Website Builder that helps to build websites; Hotel Payments, an integrated digital payment solution for direct bookings; and Business Intelligence and Insights that provides hotel's booking performance, rates and pricing.
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