Treebo Hotels

Hotel Chains Startup Treebo hotels closed its Series D at $16 million led by Accor, the World leader in Hospitality. Other investors Bennett Coleman & Company Limited (BCCL), Deepak Parayanken – Deputy Managing Director of Mozambique Holdings and existing investors, Elevation Capital, Matrix Partners, Bertelsmann, and Ward Ferry have also participated in the round.

The investment by Accor is part of its partnership with Treebo Hotels under which Treebo will deploy its cloud-based, comprehensive hotel management software, called ‘Hotel Superhero’, at various Accor hotels worldwide.

Treebo was founded in 2015 by Sidharth Gupta, Kadam Jeet Jain and Rahul Chaudhary. It operates on the tech-enabled ML model and holds a network of 500+ hotels across 100+ Tier-I and Tier-II cities.

In 2020, Treebo re-launched its SaaS solution for Hotel Management, Known as Hotel Superhero with an aim of serving individuals and Chains of Hotels. The Software acts as a POS system, Inventory management system and also assists in Guest Assitance, Housekeeping and Property management.

Speaking on the Partnership with Accor, Sidharth Gupta, Co-founder of Treebo, said, “We are thrilled that through our partnership with Accor, we will have the opportunity to learn from the very best in the hospitality industry. Accor is not only one of the largest hotel companies in the world, it is also amongst the most forward-thinking ones.”

“Their strong conviction in technology as a key enabler for the industry makes them the perfect partner for us as we grow both our hotel business as well as our SaaS business, Hotel Superhero. Accor’s decision to use the Hotel Superhero product for their properties is a testament to the strong technology capabilities we have been able to offer to the industry through our property management, point of sale, and other solutions.

“This partnership with BCCL will help us invest aggressively in brand building and capture our fair share of the post-pandemic demand for hotels. Their media properties, across formats, have the largest audience base, and can provide a solid platform for us to strengthen our brand awareness and recall,” Sidharth further added.

Commenting on the development, Floor Bleeker, Chief Technology Officer of Accor, said, “We are delighted to partner with the talented team of Treebo. Their software solution, Hotel Superhero, is exactly the kind of technology that the hospitality industry needs today. It is cloud based, intuitively designed, and comprehensive in its functionalities. We are looking forward to using their solutions to improve guest experience and operational efficiency.”

Online Team AsiaTech
Online Team Asia Tech is a team of Journalists, Entrepreneurs, and Enthusiast Writers who contribute to the platform by bringing everyday stories, updates, opinions and insights from the Asian Startup Ecosystem.

More in Funding

You may also like