Hotel Engine Raises $65 Million at $1.3 Billion Valuation for Tourism Industry

Hotel Engine is a travel start-up focusing on hotel booking management. The company provides its clients with customized hotel reservations as well as management tools for control, transparency, and billing.

The Series B round was led by Telescope Partners. Blackstone also took part in the round. The recent fundings help Hotel Engine to achieve unicorn status.

Hotel Engine, headquartered in Denver, was launched in 2015 by Elia Wallen. The concept of the company from the one side is to offer B2B customers the best lodging rates and optimize their travel programs. On another side, the Hotel Engine helps hotels to land high-value travelers. The client base counts more than 550 000 individuals, 40 000 businesses, and 700 000 hotels around the world.

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