Plusgrade and Oaky Unite for Enhanced Hospitality Experiences

Plusgrade and Oaky Join Forces for Hospitality Upselling

In an exciting move for the hospitality industry, Plusgrade, recognized as a leader in ancillary revenue solutions, has successfully acquired Oaky, an acclaimed upselling platform. This strategic partnership aims to revolutionize the upsell experience for hotels and their guests.

Transforming the Guest Journey

This union combines two industry pioneers to create a robust solution that enhances capabilities throughout the entire guest journey. From alluring pre-arrival offers to seamless on-property upgrades, the merged efforts of Plusgrade and Oaky promise to drive better results for hospitality partners.

Innovative Solutions at Play

The acquisition signals a significant leap forward in hotel operations. With Plusgrade's resources, the newly unified platform will provide innovative solutions tailored to engage guests more effectively. By enhancing the upselling experience, hotels can significantly increase their revenue and improve customer satisfaction.

Expert Insights on the Merger

Ken Harris, the Founder and CEO of Plusgrade, expressed enthusiasm about the acquisition, stating, "We are thrilled to welcome Oaky's partners and create a premier portfolio of hotel and resort partners in this industry." This sentiment encapsulates the shared vision of growth and success as both companies work together.

Oaky’s Established Reputation

Oaky comes with an impressive track record, having been awarded as the Best Upselling Software for five years running. Co-founder and CEO Erik Tengen shared his excitement about merging the best of their offerings with Plusgrade, aiming to redefine industry standards and deliver substantial value.

Leadership Transitions and Future Goals

With the merger finalized, Erik Tengen will take on the role of President, Hospitality Upsell at Plusgrade. His deep understanding of the hospitality landscape and his vision will prove invaluable as they chart a new course for enhanced revenue generation and innovation.

A Vision for Growth

Lars Jonker, another co-founder of Oaky, expressed pride in joining forces with Plusgrade, highlighting the shared commitment to crafting exceptional guest experiences. The alignment of their teams is set to create a powerful synergy that prioritizes customer satisfaction.

Positive Impact on the Hospitality Sector

This acquisition is expected to accelerate Plusgrade's trajectory as a major player in the global ancillary revenue landscape. By leveraging the strength of both companies, they are poised to generate billions in new revenue opportunities, thereby enhancing the experience for millions of travelers.

Plusgrade's Commitment to Excellence

Founded in 2009, Plusgrade continues to empower the travel industry with innovative revenue solutions. With a portfolio that includes over 275 global brands and more than 2,500 hotel properties, Plusgrade demonstrates its capability to create exceptional revenue streams while enhancing customer experiences.

Frequently Asked Questions

What is the main purpose of Plusgrade's acquisition of Oaky?

The acquisition aims to combine platforms to enhance the upselling experience for hotels and their guests.

How does this acquisition benefit hotel properties?

Hotels can expect improved revenue opportunities and enhanced guest experiences through innovative solutions offered by the combined platforms.

What positions will key Oaky leaders take at Plusgrade?

Erik Tengen will become President, Hospitality Upsell, bringing expertise to the new direction of revenue generation.

Why is Oaky well-regarded in the hospitality industry?

Oaky has been recognized as the Best Upselling Software for five consecutive years for its effective solutions catering to hotel guest experiences.

How will Plusgrade's acquisition affect the global travel industry?

This merger is aimed at generating new revenue opportunities and enhancing the overall travel experience for millions of guests globally.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

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