US-based group hotel bookings platform HotelPlanner has acquired Australia-based online venue marketplace EventConnect.com.
EventConnect.com collects destinations, hotels and suppliers from across the Asia Pacific region in one marketplace, where they can showcase latest news and offers.
The deal was for an undisclosed seven figure amount.
This news comes on the heels of HotelPlanner’s continued expansion into the Asia Pacific region with the company’s new Singapore office and newly launched sites Hotelplanner.sg, Hotelplanner.com.sg, and Meetings.com.sg.
HotelPlanner provides a “one-stop” platform for event registration, marketing, and venue sourcing.
Tim Hentschel, Co-founder and CEO of HotelPlanner, commented: “Our acquisition of EventConnect.com helps further our position as a leader in the global group bookings space and accelerates the company’s growth, particularly in the Oceana and APAC region.
“EventConnect.com’s real-time access to a diverse inventory of venues combined with HotelPlanner’s robust travel booking technology will help us continue to drive a great user experience.”