Company profile: Parity Rate
1.1 - Company Overview
Company description
- Provider of web-based tools for hotels and apartments to drive online revenue and reduce management time, including RoomCloud Channel Manager to centralize booking control, automate synchronization, and manage rates and availability across 400+ online channels; RoomCloud Booking Engine for direct, customized bookings; and Metasearch to boost visibility via major booking channels.
Products and services
- Metasearch: Cloud-connected service that enhances hotel visibility by connecting to major booking channels, increasing the chances of receiving reservations across broader online distribution
- RoomCloud Booking Engine: Web-based platform that simplifies the booking process for guests, enabling hotels to increase direct bookings and deliver a customized booking experience
- RoomCloud Channel Manager: Multi-channel tool for hotels and apartments that centralizes booking control and automates channel synchronization, connecting to over 400 online channels to manage rates and availability
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Parity Rate
Travel Holdings
HQ: United States
Website
- Description: Provider of travel distribution services, supplying travel inventory at competitive pricing using proprietary technology. Formed in 2004 through the merger of Tourico Holidays, LastMinuteTravel.com and Travel Global Systems (TGS).
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Lonely Planet
HQ: Australia
Website
- Description: Provider of travel guidance and booking services as the leading travel guide brand, offering over 825 guidebooks with maps, itineraries, and expert insights; destination attraction recommendations and top picks from travel experts; trip-planning tools and travel tips; articles with the latest stories and news; and a booking service for popular activities in partnership with getyourguide.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Lonely Planet company profile →
Mr & Mrs Smith
HQ: United States
Website
- Description: Provider of hand-picked boutique and luxury hotel booking worldwide, featuring curated collections (last-minute, budget, spa, pet-friendly), exclusive member offers, complimentary Smith Extra perks with every booking, travel inspiration guides, interviews and reviews, and gift cards redeemable at Mr & Mrs Smith hotels or villas.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Mr & Mrs Smith company profile →
TravelBird
HQ: The Netherlands
Website
- Description: Provider of an online travel platform offering competitively priced holiday deals, making booking and travelling simple and easy for customers across 12 countries.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full TravelBird company profile →
Hudson
HQ: United States
Website
- Description: Provider of application services for the ground transportation industry.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Hudson company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Parity Rate
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Parity Rate
2.2 - Growth funds investing in similar companies to Parity Rate
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4 - Top valuation comps for Parity Rate
4.2 - Public trading comparable groups for Parity Rate
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