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New Partnership Gives Cloudbeds' Properties A Secure Payment Option in Latin America

Cloudbeds 13 September 2018
SAN DIEGO -- Cloudbeds and PayU recently partnered to offer a secure electronic payment processing solution to hospitality properties located in Latin America. Properties that activate this integration will be able to receive online payments from guests whether they pay with a local or international credit card.Thousands of properties will benefit from the highest security protocols and a competitive promotional rate from PayU for six months if they open an account with PayU before Dec. 12, 2018. This payment gateway is available now to properties located in Brazil, Mexico, and Peru, with Chile, Argentina, Panama, Colombia, and more countries coming online soon."This partnership with PayU provides state of the art security and payment automation to our properties and their guests," said Sebastien Leitner, Director of Global Partnerships at Cloudbeds. "It aligns nicely with our product and partnership strategy."Properties that use Cloudbeds' property management system will be able to process payments online directly from the Cloudbeds' interface without a physical point of sale device.In addition to Latin America, this technology will soon be available to properties located in India.About PayUPayU uses its history and experience in payment means to provide financial services in emerging markets. With operations in Asia, Central and Eastern Europe, Latin America, the Middle East, and Africa, PayU is the main online payment services provider in 17 high-growth markets, offering a fast, simple, and efficient process for merchants and buyers in different channels (desktop, mobile devices, e-wallet, and physical retail). It currently operates more than 250 payment methods in more than 25 currencies, reaching nearly 2.3 billion potential consumers. PayU has more than 1,800 payment specialists who support more than 300,000 merchants and millions of consumers who make payments through the tool. The company is part of the online payments division of Naspers Ltd., which in Latin America has incorporated Pagosonline and DineroMail, and the Brazilian companies Bcash and Fcontrol, and is now one of the five leading companies of the sector in the region.
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Hospitality Software Startup Cloudbeds Lands No. 75 on the 2018 Inc. 5000

Cloudbeds 16 August 2018
SAN DIEGO -- Today Inc. magazine ranked Cloudbeds No. 75 on the 2018 Inc. 5000. This exclusive list ranks the USA's fastest-growing private companies. With a three-year sales growth of 4,241.5%, Cloudbeds is the top travel and hospitality company on the list. This achievement puts Cloudbeds in an elite group of past winners including companies such as Microsoft, Timberland, Vizio, Intuit, Chobani, Oracle, and Zappos.com. Earlier this year, Inc. magazine also awarded Cloudbeds with their Best Workplaces accolade for the second year in a row.Cloudbeds' growth has been fueled by a shared love of travel and a commitment to improving the experience of traveling. Their unique, award-winning culture embraces remote work and encourages employees to travel and experience different cultures. Cloudbeds tripled their headcount over the past year following a simple, winning formula: hire the best people irrespective of geography and give them the opportunity to grow. With employees spanning 31 countries, Cloudbeds has raised over $21M in venture capital, completing a Series B financing round in June 2017 and two acquisitions in June 2014 and October 2017."Richard and I are beyond proud of our extraordinary team who has built this suite of tools and provides such a high level of customer support," said Adam Harris, CEO at Cloudbeds. "Our growth speaks to the exciting rise of the independent hotelier empowered by technology. We are fueling a new change of guard by emboldening one of the largest portfolios of properties in the long tail segment. With more than 700,000 beds using our systems, we are truly revolutionizing travel technology."From luxurious European farmsteads like Barono Vila to vibrant boutique properties like Casa Grandview in West Palm Beach, Cloudbeds' technology powers local hospitality businesses in more than 135 countries, helping them be more productive and profitable. These hospitality professionals use Cloudbeds' software to run their operations and create personal guest experiences every day.The top 500 companies, including Cloudbeds, will be featured in the September issue of Inc., available on newsstands today, August 15. The complete results of the 2018 Inc. 5000 can be found online at www.inc.com/inc5000.More about Inc. and the Inc. 5000MethodologyThe 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.About Inc. MediaFounded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit www.inc.com.The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions. For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.For more information, contact:Inc. MediaDrew Kerr212-849-8250dkerr@mansueto.com
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Cloudbeds Announces Partnership with Lightspeed

Cloudbeds 13 March 2018
With the integration between Lightspeed and Cloudbeds, hospitality professionals can easily verify a guest's occupancy status and room number and post restaurant charges to the guest's room directly from Lightspeed. The detailed information exchanged between Lightspeed and Cloudbeds permits hoteliers to save time and reduces clerical errors and manual tasks."We are thrilled to integrate with an industry leader like Lightspeed," said Sebastien Leitner, Director of Global Partnerships at Cloudbeds. "It is important for us to partner with innovative solutions providers that complement our value proposition. Together with Lightspeed, we enable an improved guest experience.""Our partnership with Cloudbeds gives our clients a direct connection to a property management suite designed to help hospitality businesses grow," said Julian Teixeira, Lightspeed's Vice President of Sales. "We are very impressed with the Cloudbeds product and team. Their solution is simple, intuitive and very easy to use."About LightspeedHeadquartered in Montreal, Canada, Lightspeed is the most powerful cloud-based point-of-sale solution for independent businesses, in-store and online. Nearly 50,000 retailers and restaurateurs, processing over US $15 billion in transactions annually use Lightspeed to grow and manage their business. Lightspeed can be found in more than 100 countries, powering favorite local businesses, where the community goes to shop and dine. Founded in 2005, Lightspeed has grown to nearly 600 employees, with global offices in Canada, USA, Europe, and Australia.For more information, please visit http://www.lightspeedhq.comFacebook: Facebook.com/LightspeedHQ, Twitter: @LightspeedHQ and Instagram: @LightspeedHQ.About CloudbedsCloudbeds creates cloud-based hospitality software that simplifies the working lives of professional property owners, operators, and employees. Cloudbeds' award-winning software is trusted by tens of thousands of hotels, hostels, vacation rentals and groups in over 120 countries. With over 300 distribution integrations and over $3.5 billion in room sales, Cloudbeds connects to more marketplaces than any software in the hospitality industry. Founded in 2012, Cloudbeds has expanded to over 175 people with offices in San Diego, Sao Paulo, and Dublin.For more information, please visit www.cloudbeds.com or reach us at Facebook.com/cloudbeds and on Twitter at @cloudbeds.
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Top Revenue Management Expert Ira Vouk joins Cloudbeds

Cloudbeds 15 February 2018
Cloudbeds, the leading provider of hospitality management software for independent properties (hotels, hostels, inns, bed and breakfasts, campgrounds, and vacation rentals), announced the addition of Ira Vouk, a recognized thought leader in revenue management, to lead Cloudbeds' pricing intelligence product.Ira will drive the strategy for Cloudbeds' newest product, PIE - a powerful and easy-to-use pricing intelligence engine built for independent owners and managers. With over a decade of revenue management practice, Ira brings a wealth of experience to Cloudbeds. Ira was recognized as a Top 5 Revenue Manager in 2013 by HSMAI and was most recently the Director of Revenue Management at Gaslamp Hotel Management. She co-founded @iRates and is set to release her book "Revenue Management made easy" next month."We are thrilled to have Ira join the Cloudbeds family. She is bringing her incredible knowledge of revenue management to our team," said Adam Harris, CEO of Cloudbeds. "At Cloudbeds, we are committed to pushing the boundaries of innovation and helping hospitality operators be more successful. Ira will help us continually enhance our pricing intelligence engine, a tool that will help our customers grow their revenue and bottom line.""I am delighted to join Cloudbeds during this period of rapid growth," said Ira. "I believe the company is perfectly poised to bring a much-needed revenue management solution to smaller independent operators. We will also be helping our customers understand the main concepts of dynamic pricing and cultivate their revenue management culture by providing educational content. Our goal is to assist them in becoming the leaders in their industry and achieve better financial results."Cloudbeds' pricing intelligence engine is currently in beta. To learn more, visit https://www.cloudbeds.com/pricing-intelligence-engine/.
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Slumber Party Hostels Expands with the Help of Cloudbeds' Technology

Cloudbeds 31 January 2018
Cloudbeds, a leading provider of hospitality management software for independent properties (hotels, hotels, inns, bed and breakfasts, campgrounds, vacation rentals, and more) today announced their partnership with Slumber Party Hostels as the hostel group opened their eighth property. Cloudbeds' all-in-one software includes an integrated property management system, channel manager, and booking engine.Earlier this year, Slumber Party and Bodega Hostels merged to become one of the largest hostel groups in Southeast Asia. Today, the Slumber Party Group uses Cloudbeds to power their entire 600-bed operation in five different cities."Cloudbeds, in my opinion, is the most comprehensive and well-rounded system that is out there on the market," said Edmund Lowman, Founder and CEO. "With each new location, we are able to train our staff easily and get up and running in no time."Slumber Party opened in 2012 after their founder Edmund was on vacation in Thailand. After analyzing the market, he realized there was a huge opportunity to bring a new hostel experience to Thailand. Fast forward six years, and the Slumber Party group now includes eight properties and more than 600 beds.Slumber Party offers unique travel experiences to hostel travelers throughout Asia. They live by the motto "Adventure hard, party harder." Their unique features start with their staff who help them cultivate a family atmosphere that strengthens the bond between their guests."Slumber Party offers some of the coolest hostel properties and experiences in the world," said Adam Harris, Co-founder and CEO of Cloudbeds, "We're excited they've trusted Cloudbeds to run their expanding operations, and we're honored to be a part of their growth."About CloudbedsCloudbeds creates cloud-based hospitality management software that simplifies the working lives of independent property owners, operators, and employees. Cloudbeds' award-winning software is trusted by thousands of hotels, hostels, and groups in over 120 countries. With over 300 distribution integrations, Cloudbeds connects to more marketplaces than any software in the hospitality industry. Cloudbeds has offices in San Diego, Sao Paulo, and Dublin. For more information, please visit www.cloudbeds.com.About Slumber Party HostelsSlumber Party Hostels is one of the leading providers of youth hospitality in Southeast Asia. With eight locations and hundreds of thousands of satisfied customers, Slumber Party looks to become the home of backpackers across the globe, while making a positive impact on the communities we call home. Come sleep with us and help us change the world one party at a time. For more information visit: www.slumberpartyhostels.com.
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Southeast Asia's largest hostel chain chooses Cloudbeds to help power their growth

Cloudbeds 7 December 2017
"The deployment process with Cloudbeds was the single smoothest technology implementation that we've experienced," said Steve Vaile, Chairman of Mad Monkey, "Cloudbeds' local account management team was incredibly professional and worked with us to develop and execute a seamless launch plan."Since the first Mad Monkey Hostel opened in Phnom Penh, Cambodia in June 2011, the family of hostels has expanded to include eight properties in three countries and they have ambitious plans for future expansion. They are hyper-focused on the guest experience, specifically tailoring adventure travel to a millennial customer base who wish to travel with purpose.Mad Monkey is committed to a socially responsible business model, and their mission is intertwined with giving back to their communities. They have provided clean water to 12,000 people in Cambodia and funded education for over 100 children from impoverished backgrounds in Phnom Penh, Cambodia's capital city."We are thrilled to partner with a hostel industry leader like Mad Monkey to help them achieve their ambitious growth goals and forward-thinking initiatives," said Adam Harris, CEO and Founder of Cloudbeds, "They're really helping define the future for hostels and hospitality.""Cloudbeds gives us better visibility across the business and facilitates operations to run more smoothly. Most importantly, Cloudbeds' open API allows us to continue to push technology boundaries and innovate to create the best guest experience," Steve Vaile of Mad Monkey Hostels.About CloudbedsCloudbeds creates cloud-based hospitality management software that simplifies the working lives of independent property owners, operators, and employees. Cloudbeds' award-winning software is trusted by thousands of hotels, hostels, and groups in over 120 countries. With over 300 distribution integrations, Cloudbeds connects to more marketplaces than any software in the hospitality industry. Cloudbeds has offices in San Diego, Sao Paulo, and Dublin. For more information, please visit www.cloudbeds.com.About Mad Monkey HostelsMad Monkey is one of Southeast Asia's leading hostel chains by number of beds. With hostels located in Thailand, Cambodia & The Philippines, Mad Monkey has been growing at a combined annual growth rate of 45% by building a responsible business focused on providing the very best social travel experience for their customers. For more information, please visit www.madmonkeyhostels.com.
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Cloudbeds Acquires OneRooftop and Steps Up Their Vacation Rental Offerings

Cloudbeds 10 October 2017
Cloudbeds, the leading provider of hospitality management software for independent properties (hotels, hostels, inns, bed and breakfasts, campgrounds, and more), today announced their acquisition of OneRooftop, an intuitive software solution and website builder for vacation rentals. The acquisition accelerates Cloudbeds' development efforts to provide the friendliest and most advanced property management solution for vacation rentals."We have always believed that independent operators are the future of hospitality and, more than ever, hosts and management companies need access to professional tools that will allow them to compete effectively in more established hospitality distribution outlets." said Adam Harris, Cloudbeds CEO and co-founder. "We are thrilled to have the OneRooftop team join our mission to be the number one trusted partner for all independent operators."OneRooftop, formerly known as WebChalet, was founded in 2010 by husband and wife team, Chad and Sarah Brubaker. As avid travelers, they wanted to fix what they saw was wrong with booking a vacation rental after a trip to Buenos Aires. For the past seven years, they've been building software to empower professional vacation rental businesses. In that time, they've managed to secure direct integrations and partnerships with some of the largest brands in the vacation rental space, including Airbnb and HomeAway."Together, Cloudbeds and OneRooftop are building a new kind of property management system," said Sarah Brubaker, co-founder of OneRooftop. "Our goal is to help vacation rentals compete within a changing and dynamic marketplace and give them access to the best tools to manage reservations and promote availability across OTAs.""We're bringing together the best of both worlds - our vacation rental know-how and Cloudbeds' expertise in hotel-style management and distribution will allow us to create an amazing product for vacation rental owners and managers." says Chad Brubaker, co-founder and CEO of OneRooftop. "We're looking forward to releasing the next generation of vacation rental software together."
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Cloudbeds' Myallocator Partners with Only Apartments to Empower and Optimize Vacation Rentals

Cloudbeds 31 January 2017
Cloudbeds and Only Apartments have teamed up to give vacation rental owners more options to distribute on a global scale. Vacation rental owners using myallocator can now easily list their inventory on Only Apartments and join their extensive network of properties.Only Apartments specializes in short term rentals. They offer the widest selection of apartments (150,000+ and growing) at a lower price than hotel rooms in 120 countries and over 20,000 destinations. On their website, booking an apartment is easy and travellers receive an instant confirmation. They are the perfect platform both for travellers, that can book holiday rentals in a few steps, and for owners, that can reach a large audience of travellers worldwide."We are excited to work with myallocator, one of the leading Channel Managers in the market. This partnership shows perfectly how the vacation rental market is growing and looking for easy and powerful tools to increase online presence and reservations," says Ramon, Chief Business Development Officer at Only Apartments.Myallocator by Cloudbeds powers inventory deliverability for tens of thousands of vacation homes and short term housing options in over 100 countries across the globe. With over 300 integrated marketing channels, it has more than any other channel manager on the market. This gives property managers the freedom to list their inventory with previously unknown online marketplaces."We're thrilled to partner with Only Apartments, a leader in short term and medium stay apartments.", said Adam Harris, CEO of Cloudbeds. "It's one of our main goals to partner with the most prevalent distribution partners to allow our mutual customers more ways to sell their inventory. This new integration will allow both of our customers to make better, more profitable distribution decisions."Cloudbeds created their channel manager myallocator to make it easier to connect to online marketplaces. Myallocator saves hosts and property managers time and money by eliminating the need for technical know-how to get listed. It helps operators list their rentals on as many OTAs as they wish with the push of a button. Plus, it exposes their rooms to new marketplaces they might not have known existed.Cloudbeds is a global company with over 100 employees. It has international offices in Sao Paulo - Brazil, Dublin - Ireland, and is headquartered in San Diego, California.Myallocator is part of Cloudbeds' suite of hospitality management software that allows vacation rental owners, hotels, hostels, bed and breakfasts, inns, and more operate every piece of their business.Visit https://www.cloudbeds.com to learn more, and follow Cloudbeds on Facebook and LinkedIn.

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