DigitalTown Announces Acquisition of Rezserve Technologies

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
DigitalTown Announces Acquisition of Rezserve Technologies Ltd.

BELLEVUE, WA and VANCOUVER, BC --(Marketwired - September 21, 2016) - DigitalTown, Inc. ( OTC PINK : DGTW ) announced today the acquisition of Rezserve Technologies Ltd. of Vancouver, Canada.

Rezserve has been providing Software as a Service (Saas) solutions for the lodging industry since 2003. With customers around the world, the largest customer is currently processing in excess of $10 million per year using the Rezserve platform.

"Rezserve is a natural fit with DigitalTown's commitment to empowering local economic development," explained Rob Monster, CEO of DigitalTown. "At a time when lodging providers are contending with the combined impact of high fees from leading online travel agents such as Expedia, and with the rapid growth of Airbnb, DigitalTown's integration of Rezserve offers a path for cities to keep more revenue in the local economy while at the same time strengthening cities' online brand and also improving safety in the community."

The Rezserve platform will power lodging marketplaces in the DigitalTown Smart City platform. The DigitalTown Smart City Network is expected to reach more than 10,000 cities in 2017 through the scheduled rollout across DigitalTown's network of .CITY websites. Where possible, these city websites and matching mobile applications are operated in partnership with city management.

"The Rezserve team is delighted to be part of a company with such an inspiring vision for local economic development," noted Clint Skidmore, Founder and CEO of Rezserve. "With DigitalTown as an international marketing and technology partner, we are now poised to dramatically accelerate market adoption of what is already a world class solution."

Mr. Skidmore will continue to serve as CEO of Rezserve, a wholly owned subsidiary of DigitalTown, Inc. The Rezserve brand will cater to the lodging industry as a Software as a Service (SaaS) platform for hotels, B&Bs, and campgrounds.

"Rezserve not only powers our booking engine but has been an integral part of the movement towards Central Reservations in Whistler," added Tony Medd, General Manager, Summit Lodge Boutique Hotel.

Rezserve will continue to offer cost-effective licensing solutions. In addition, through integration with DigitalTown, Rezserve lodging operators will have direct access to an expanded array of targeted booking traffic.

"The lodging industry is in a period of great change," concluded Monster. "DigitalTown and Rezserve are well positioned to capitalize on the changing market conditions."

For more information on DigitalTown, visit www.digitaltown.com or visit Rezserve at www.rezserve.com

Media Contact: Rob Monster Chief Executive Officer DigitalTown, Inc. (425) 295-4564 rob@digitaltown.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Tigo Energy Lawsuit: Shareholders' Fight for Justice

Updated Category News Views 63

Energy Optimism or Illusion? Is it a bright future when projections fizzle out faster than a lukewarm coffee on a cold morning? If you snapped up shares of Tigo Energy (NASDAQ: TYGO) thinking you were hitching your wagon to a rising solar star, the latest class action might just feel like a gut punch. Tangled Partnership Promises Let's cut to the core of the issue. Tigo...

Continue Reading
Oxford Computer Group: A Microsoft Awards Finalist Again

Updated Category News Views 107

Oxford Computer Group Strikes Again Another day, another nod from the big boys at Microsoft, eh? Oxford Computer Group, now part of MajorKey Technologies, hasn't just found themselves in the mix—they're standing tall as a finalist for not one but two significant categories in the 2026 Microsoft Partner of the Year Awards: Secure Access and Defense and Intelligence. You...

Continue Reading
IBM's Sports Tech Challenge Crowns AI Innovator LivXP

Updated Category News Views 12

Pioneering AI for Fan Engagement The big leagues of sports tech are buzzing, as IBM has just announced LivXP as the standout winner of their Sports Tech Startup Prize Challenge at the dynamic Web Summit Lisbon 2026. If there's one thing to remember, it's that this isn't just any accolade. This is a nod from IBM—an institution that's rubbed elbows with the giants of...

Continue Reading
OpenAI Expands ChatGPT Ads: Aleph Partnership Key

Updated Category News Views 10

OpenAI Teams Up with Aleph for Global Reach OpenAI's no rookie in the tech game, but its move to bolster ChatGPT's ad presence with Aleph is like adding a rocket to turbocharge its engine. With Aleph as a partner, OpenAI's not just dipping a toe in the waters of global advertising—they're diving headfirst into 44 countries. This isn't just about slapping ads on more...

Continue Reading
StarKist and Roc Solid Team Up for Cancer Fight

Updated Category News Views 120

A Story of Hope and Resilience In a world full of stocks, tickers, and market swings, moments like these remind us of the profound power of human kindness. StarKist joined forces with the Roc Solid Foundation to bring a little joy to a child battling cancer in Falls Church, Virginia. It's not about the market today; it's about the heart. This time, more than 10 StarKist...

Continue Reading
Vylor's 2026 Guidance Reaffirmation Bolsters Confidence

Updated Category News Views 160

Vylor's Resilient Outlook Amid Strong Year-To-Date Performance Vylor Inc. (NYSE: VYLR) is singing a tune of resilience and calculated ambition after shedding the weight of a tough quarter by doubling down on its full-year guidance for 2026. It ain't exactly smooth sailing, with the waters getting a bit choppy, but this ship seems sturdy enough to stay on course. Numbers...

Continue Reading
Smirnoff and Broski Unleash Quirky Holiday Merch

Updated Category News Views 126

Surprise in a Box: A Holiday Twist Who knew that a ukulele box would end up sparking more holiday joy than the instrument itself? Smirnoff Ice and social media sensation Brittany Broski are giving us a holiday roll-out that takes a good look at the absurd and runs with it. Instead of strings and melodies, you open that box to find a Smirnoff Ice bottle ready to chill your...

Continue Reading
Group 1 Automotive Expands with Lexus Gwinnett Acquisition

Updated Category News Views 134

Unifying the Landscape: Group 1's Bold Move with Lexus Gwinnett Another piece of the puzzle drops into place as Group 1 Automotive continues its aggressive campaign to unify its dealership network. The latest acquisition sees the Hennessy Lexus of Gwinnett rebranded as Lexus Gwinnett, adding another notch to their belt in the bustling Atlanta-market corridor. Group 1's...

Continue Reading
Cleveland's Mayor Bibb: From AU Alumnus to Leader

Updated Category News Views 18

For a guy who's juggled politics, climate action, and city administration, Mayor Justin Bibb revisiting the place where it all began—American University (AU)—is a story worth diving into. It's not every day you see a mayor take the stage at his alma mater, this time not as a student but as their December commencement speaker. Mayor Bibb's Journey from AU to City Hall...

Continue Reading
How to Assess a True Christian School Experience

Updated Category News Views 35

Making the Right Spiritual Choice for Your Kids Deciding on a Christian school isn't just about academics or facilities—it’s a spiritual journey that shapes your child's worldview and relationship with God. In Kearney, Nebraska, where strong Christian values are prevalent, Anthony Splittgerber of Zion Lutheran School breaks down for HelloNation how faith-based...

Continue Reading

Top 5 Most Recently Viewed Articles

Understanding Market Sentiment Towards American Eagle Outfitters

Updated Category News Views 122

Analyzing American Eagle Outfitters Inc's Market Position American Eagle Outfitters Inc (NYSE:AEO) has seen a significant shift in its short interest, with a notable reduction of 24.37% since the last report. Currently, approximately 16.66 million shares are sold short, reflecting around 15.42% of the float available for trading. Based on current trading volumes, it would...

Continue Reading
Understanding Your Financial Status Compared to Friends

Updated Category News Views 480

Many folks often find themselves questioning if they're ahead of their peers financially without the guts to directly ask. The reality is, the numbers tell a brutal story that can be dissected by age, education level, and even geographic location. The Age Factor in Wealth Accumulation Your age isn't just a number; it’s a direct line to your net worth potential. Let's...

Continue Reading
VEON Expands Presence with New Beeline Office in Kazakhstan

Updated Category News Views 295

VEON Launches New Beeline Office in Kazakhstan VEON Ltd., a leading digital operator, has proudly announced the opening of its newest office in Kazakhstan, which will serve as the central hub for Beeline Kazakhstan. This strategic initiative showcases VEON's commitment to bolstering the digital economy in the region. Setting the Stage for Innovation The newly designed...

Continue Reading
Herbal Medicine Market Set to Soar to USD 580 Billion by 2034

Updated Category News Views 321

Overview of the Herbal Medicine Market Surge The global herbal medicine market is on an impressive growth trajectory, with estimations suggesting it will reach USD 580.81 billion by the year 2034. As of 2024, the market size was approximately USD 87.05 billion, indicating a significant upward trend to USD 105.24 billion in 2025. This upward swing reflects a compound...

Continue Reading
Expanding Opportunities in the Global Retread Tire Market

Updated Category News Views 281

Overview of the Retread Tire Market The global retread tire market is experiencing significant growth, projected to reach a valuation of USD 11.2 billion initially and expand to USD 20 billion by the end of the forecast period, enjoying a compound annual growth rate (CAGR) of 6%. This upward trend is largely driven by the flourishing logistics industry and a surging...

Continue Reading