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Hotelgenius receives 570K euros funding

Hotelgenius SA has developed a cloud-based software that covers at 100% all digital needs of any hotel unit – from independent properties to hotel chains and resorts.

ATHENS, GREECE – Hotelgenius SA announced it has received 570Κ euros grant from the private equity firm Elikonos Jeremie SCA Sicar and other private investors. This funding will play a vital role in establishing the company in the Greek market and in a selection of European ones.

The President and Managing Director of the company, Theodore Theodoropoulos says, “Having staffed our company with an excellent team of professionals, we achieved significant growth in a very short time. We managed to close 100 new contracts in Greece within 6 months”.

Hotelgenius SA has developed a cloud-based software that covers at 100% all digital needs of any hotel unit – from independent properties to hotel chains and resorts. More specifically, the software is an all-in-one online management system (Website Builder, Booking Engine, Mobile Concierge App, Central Dashboard) that allows hoteliers to build a unique online identity for their business but also to manage all hotel’s communication and sales channels and optimize their digital efforts. A user-friendly software that maximizes revenue while reducing time and effort.

The Product Director and co-founder of the company, Spyros Loisios says, “From the very first version of our product, we released a very stable and reliable tool. With the support of our investors, we are ready to proceed to some significant upgrades and cooperation with strategic partners in the tourism industry in order to constantly improve our tools and provide the most complete product ever”.

The Limited Company Tourism & Hotel Technologies SA – Hotelgenius SA is a Greek company which operates in the market through two brands – Hotelgenius and Hotelgene. The first offers an innovative software that provides a 360° online sales and marketing solution while the second one offers integrated e-commerce solutions exclusively to hotels.

Elikonos draws its resources from the European Investment Bank and private investors to finance companies specializing in innovative technologies, giving priority to companies that can grow rapidly both in the country that they are already operating but also in new, foreign ones. Elikonos firm prefers to invest in businesses that focus on human resources and have tiered but steady growth prospects.

Co-Founder & Chief Editor - TravelDailyNews Media Network | Website | + Posts

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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