StayNTouch, an innovator in mobile technology and Property Management Systems (PMS) for hotels,today announced the closing of a $9.5M financing led by Confur's Perfect TripFund and Shiji (Hong Kong)Ltd.
Washington D.C., February 3, 2016 – StayNTouch, an innovator in mobile technology and Property
Management Systems (PMS) for hotels,today announced the closing of a $9.5M financing led by Concur’s
Perfect Trip Fund and Shiji (Hong Kong) Ltd, to build out the company’s solutions worldwide. StayNTouch
is leading the next generation of hotel management technology with a growing client list including MGM
Resorts International, Yotel and distinctive resorts such as The Fontainebleau.
Also participating in the round are Triangle Peak Partners, Stanford University and Acceleprise. StayNTouch’s cloud-based hotel PMS tackles one of the biggest problems facing the hotel industry –
leveraging emerging technology in mobility to connect hotel staff and guests to enhance the guest experiencevand drive increased guest revenue.
StayNTouch’s Founder and CEO, Jos Schaap, said, “At a time when consumers are demanding efficient,
personalized service delivered through mobile devices, hotels continue to wrestle with antiquated property
management systems that cannot keep pace with consumer preferences. At the same time, they need to
modernize hotel operations through advanced cloud applications. StayNTouch dramatically streamlines
operations and increases margins, and revolutionizes how the hotels connect and engage their guests and
how guests experience their hotels.”
StayNTouch’s proprietary Rover™ solution empowers hotel staff to perform functions efficiently via tablet
and mobile devices, driving tangible benefits such as a 10% to 20% increase in revenue, and 20% to 30%
in cost savings. The company’s Zest™ solution allows guests to self chec-in and out, view hotel folio and
receive upgrade promotions, all from their smart phones.
As part of the financing, Mike Eberhard, President of Global Distribution, Concur, and Kevin King, Chief
Operating Officer, Shiji Group, will join the StayNTouch Board of Directors.
“One of the greatest challenges for any innovator is penetrating the external layer of customer web or
mobile experiences to directly touch a hotel’s customer and property management systems. StayNTouch
has been tremendously successful building a world class customer list to bring the benefits of a cloud and
mobile-centric, comprehensive, PMS directly to hoteliers and guests,” said Mike Eberhard. “We are proud
to continue our relationship with Jos and his team and look forward to continued market adoption of the
StayNTouch suite of solutions.”
Kevin King, Shiji Group Chief Operating Officer commented, “StayNTouch solutions focus on the guest
journey and hotel operational efficiencies, allowing hotels to take immediate advantage of mobile solutions
with their existing property management system. We are confident that StayNTouch will bring hoteliers
streamlined workflow management efficiencies, enabling better guest experience and increased revenues.”
Since its inception in 2013, StayNTouch has signed dozens of high profile properties and is currently
deployed in select cities in the U.S and Europe. The company sees continued growth in these regions, and
in Asia as well.
Driven by the need for hoteliers needs to raise service levels to respond to the needs of today’s guests and
increase hotel revenues, StayNTouch delivers a cloud-based Hotel PMS and a suite of tablet-based
solutions to optimize the existing PMS and make it mobile.
The company’s PMS Mobile Overlay brings mobility to both hotel staff and guests in order to drive guest
revenue while enhancing the guest experience.
Via any tablet or touch device, Guest Service and Housekeeping have mobile access to PMS via a
touch-optimized interface. Guests, from their smart phone, can self check-in and out, view room bill and
receive upgrade promotions. StayNTouch dramatically streamlines operations and increases margins, and
revolutionizes how the hotels connect and engage their guests and how guests experience their hotels.
StayNTouch partners with many of the most forward thinking brands in the industry, including MGM
Resorts International, Yotel, Great Wolf Hotels and Resorts, Zoku Amsterdam and the Fontainebleau Miami
Learn more by visiting www.stayntouch.com.
Concur, a part of SAP, imagines the way cost effective world travel should work, offering cloud-based
services that make it simple to manage travel and expenses. By connecting data, applications and people,
Concur delivers an effortless experience and total transparency into spending wherever and whenever it
happens. Concur services adapt to individual employee preferences and scale to meet the needs of companies
from small to large so they can focus on what matters most for their businesses.
Learn more atwww.concur.com or the Concur blog.
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