Hospitality Software
CloudBeds is a software company that provides a cloud-based hospitality management platform for hotels, vacation rentals, and hostels. CloudBeds' platform includes a suite of products and services that enable hospitality businesses to manage their reservations, room inventory, and revenue management, as well as to provide online booking and guest management services. The platform is designed to help hospitality businesses improve their operational efficiency and increase their revenue through better management of their bookings and inventory. CloudBeds' products are used by hospitality businesses of all sizes, from small independent properties to large hotel chains, across various geographic locations. In 2023, Cloudbeds reported a revenue of $57 million, marking a 42.5% year-over-year increase from $40 million in 2022. The company has demonstrated strong growth since its founding in 2012, with revenue reaching $30 million in 2021. This rapid expansion highlights Cloudbeds' position as a leading hospitality management platform, catering to the needs of hotels and lodging businesses worldwide.
- Revenue
- $84.8M
- Customers
- 27K
- Year founded
- 2012
- Funding
- $248.4M
- Team size
- 777
- Location
- United States
