Cloudbeds, the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, announced the company is positioned as a “Major Player” in the IDC MarketScape: Worldwide Hospitality Property Management Systems 2022 Vendor Assessment (doc #US48098122, November 2022).
The report evaluates the strength of vendors as innovation and efficiency partners as well as capabilities in integration and partnerships, user experience, innovation, data reporting and analytics, guest engagement, flexibility and scalability.
“The hospitality industry underwent massive changes the past few years. To keep a competitive edge, lodging businesses need more than a traditional property management system,” said Adam Harris, Co-Founder and CEO of Cloudbeds. “Our team is meeting that need. We’re rapidly expanding our product capabilities and offerings to set all lodging businesses up for success. We believe being named a ‘Major Player’ in the IDC MarketScape indicates the strength of our technology in delivering quality, forward-thinking solutions to the modern hotelier.”
IDC MarketScape is the premier vendor assessment tool, providing in-depth quantitative and qualitative technology market assessments of ICT (information and communications technology) vendors for a wide range of technology markets.
Since closing its Series D funding round in November 2021, Cloudbeds made three strategic acquisitions to enhance and expand its offerings to address major pain points for both lodging businesses and guests. This fall, Cloudbeds released both Cloudbeds Amplify, a new done-for-you digital marketing solution, and Whistle for Cloudbeds, a guest engagement solution designed to enhance guest communication, increase revenue through upsells and streamline internal operations.
For more information about the Cloudbeds Hospitality Platform, please visit cloudbeds.com/property-management-system/