Beonprice Builds International Network with New Madrid Office
Beonprice, the Spanish travel tech company, has recently opened a new office in Madrid. The new office is located in Google’s Campus Madrid, a community hub for entrepreneurs in Spain. With offices in Miami, Mexico City, Bogota and Salamanca, Beonprice is strengthening its international expansion.
The Salamanca-based company chose this center because of its technology-rich learning ecosystem, but above all, because of Google’s passion for entrepreneurship and for creating, nurturing and connecting international communities of entrepreneurs.
Beonprice’s new tech hub will house two different teams:
Customer Engagement, formed by a leading group of hospitality professionals focused on improving user experience and offering 24/7 customer support.
Beonprice University, comprised of an elite group of revenue managers led by Julia Rey, with more than 15 years of experience in hotel management training, aims to offer open training courses to its clients so that they can learn about the fundamentals of hotel revenue management and stay up-to-date with the latest in hospitality trends and developments.
The new Madrid office will allow the multinational company to increase its operations center in Spain. Beonprice is constantly innovating and adapting to market demands. The company is committed to offering their clients an excellent user experience through their state-of-the art products and services.
Beonprice is a strategic hotel revenue management solution focused on personalizing hotel room rates for each guest. The all-in-one solution identifies the most profitable guests and personalizes their rates, helping hoteliers improve their strategic hotel decisions and optimize their rates, distribution and promotion, thus offering a transversal service to hotel revenue management, marketing and sales departments.
Just a month ago, Beonprice closed a funding round of €1.4 million led by K Fund. Beonprice is already using the capital investment for product development, enhancing the innovative algorithm capable of increasing hotel revenue using competitive positioning and price elasticity.
The tech company also plans to boost international expansion by opening commercial offices in the U.K. and Germany, as well as the U.S. (New York) during 2017, where the main international hotel chains are headquartered.
In just 4 years, Beonprice has grown exponentially and has managed to be present in the main tourist destinations in Spain and of the international scene.
Beonprice already has more than 1,500 clients in more than 30 different countries, including international hotel chains such as NH Hotels, Iberostar Hotels & Resorts, Room Mate Hotels, Petit Palace Hotels, Lopesan, and Grupo Posadas, among others.
The vision behind Beonprice is to become the world’s best revenue management solution. Thanks to their personalized hotel room pricing, hotel establishments can now respond quicker and more accurately to rapid-paced market changes as well as adapt to the new challenges faced in the hotel industry.