Accor has announced its take-over of FASTBOOKING, a digital services provider for the hotel industry.
A French company founded in 2000, FASTBOOKING provides daily support to nearly 4,000 global hotels. Hotel website development, distribution channel management solutions, digital marketing campaign management, revenue management optimization tools and competitive intelligence are its key areas of expertise. FASTBOOKING focuses on two main markets: Europe and Asia.
The take-over will not affect much of FASTBOOKING’s key deliverables as it will continue to deliver innovative solutions designed to improve the performance and visibility of its clients, while operating independently within Accor.
The confidentiality of data relating to FASTBOOKING’s client hotels will be fully preserved. The expertise of FASTBOOKING’s teams will broaden the range of services that Accor can offer to its hotels.
“The take-over of FASTBOOKING will help speed up the implementation of our digital strategy,” said Sébastien Bazin, Chairman and Chief Executive Officer of Accor (pictured above).
“Following the acquisition of Wipolo last October, this new transaction enables us to further expand our capabilities and strengthen our digital expertise for the benefit of our hotels. While maintaining its independence, FASTBOOKING will now enjoy the support of a global leader capable of providing the resources it needs to make the most of its enormous potential, so that it can continue to innovate for an even larger client base.”
“Accor’s investment in FASTBOOKING marks the beginning of a new phase in our development,” said FASTBOOKING Chairman and Chief Executive Officer Jean-Gérard Galvez (pictured left). “It is also a sign of recognition for the incredible work done by our teams, who have spent the past few months redesigning our solutions to make them even more innovative and efficient.”
