Hospitality technology company reports triple-digit growth fueled by several new product launches, three acquisitions and 70% increase in global workforce.
SAN DIEGO – Cloudbeds, the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, announced the company earned a spot on the 2022 Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The company reported a 182% three-year growth to make the list for the third time since 2018.
“The hospitality industry endured a pandemic, a significant labor shortage and pent-up demand for travel. These factors accelerated lodging businesses’ need for a digital overhaul,” said Adam Harris, CEO and Co-Founder of Cloudbeds. “Our team stepped up in a big way to ensure hoteliers had more reservations and happier guests. We’ve introduced new solutions, expanded our customer support services and distributed free, educational resources to help operators succeed. Inc.’s recognition underscores our team’s dedication and commitment to seeing the industry flourish.”
Founded in 2012, Cloudbeds offers lodging businesses of all sizes solutions to streamline operations, increase reservations and revenue, and enable memorable guest experiences. The Cloudbeds Hospitality Platform is rated the No. 1 Hotel Management System and the No. 1 PMS by Hotel Tech Report for its seamless integration of front desk, revenue, distribution, guest engagement and guest acquisition solutions in a single unified system.
The rollout of several new products and offerings over the past few years have accelerated the company’s growth tremendously. Since 2018, Cloudbeds has introduced Cloudbeds Websites, Cloudbeds Payments, Cloudbeds University and Cloudbeds Amplify, among others. In the past year alone, Cloudbeds acquired three tech companies, including Whistle, a guest engagement solution that expands Cloudbeds into the guest experience category.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” said Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
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