Hotelogix, a leading cloud-based Property Management System (PMS) provider and Genex Solutions, the leading supplier of Hospitality technology announce their partnership to comprehensively address the Thailand market. The partnership aims at higher penetration and adoption of Hotelogix in and around the Thailand market by chain and Independent hotels.
Hotelogix is a leading property management solution that has seen fast adoption from large independents and hotel chains. With 11 years of experience in the industry Hotelogix brings an Enterprise grade functionality to the cloud while improving computing speeds and lowering the cost of investment. With unrivaled operational and distribution capabilities, the system ensures a smooth transition to the cloud and a quick Return on Investment.
Thailand is one of the biggest business and Leisure travel hubs in the world and is leading the pack in terms of the contribution from tourism among the South East Asian countries. The tourism industry in Thailand alone contributes to 19.9% of the countries total GDP. Southeast Asia is estimated to have 47 of the top 100 visited cities in the world by 2025. As a result of this, the hotel industry is getting organized at the rate upwards of 15% year on year, meaning more and more hotels are coming under the fold of organized multi-property group operations like hotel chains, brand management groups and the likes. Online hotel booking penetration has reached more than 63.5% and looks to increase by a minimum of 48% year on year as forecasted by hotel aggregators.
Speaking about the partnership, Aditya Sanghi, CEO and Co-Founder of Hotelogix, says “We are proud to partner with Genex Solutions that has deep experience of over 2 decades working with large independent and chain hotels. This partnership with Genex Solutions is a giant leap forward towards providing Hotels in Thailand with the right levels of support, local presence and enhancing the Hotelogix solution with the changing needs in the future.”
Peak Malkul, Founder of Genex Solutions, adds, “The market has now moved to adopting cloud technology and will be the trend going forward. We are proud to partner with Hotelogix, as they are a pioneer among Hotel PMS providers. The versatility of their cloud platform encourages us to take this journey forward.”