RMS Cloud bookings reach AUD$1 billion annually

George Sell By George Sell
4 weeks ago | Updated 4 weeks ago

Australia: Accommodation technology company RMS Cloud has revealed the value of bookings via its cloud-based PMS is running at an annualised rate of more than AUS$1 million.

Founder Peter Buttigieg says the surge in turnover can be attributed to the rapid growth in the number of properties switching to RMS.

"In the past 12 months alone we've signed up more than 650 clients and demand shows no sign of slowing down," said Buttigieg, who started RMS 35 years ago.

RMS now provides booking, property management and distribution technology to 6000+ hotels, serviced apartments and holiday parks in 31 countries.

"We have a couple of significant deals in the pipeline and expect further announcements in the coming months," Buttigieg added.

The company has been expanding its serviced apartment business with clients including Quest Apartment Hotels, Punthill Apartment Hotels and Veriu.

Based in Melbourne, Australia, RMS has offices in North America, the UK, India, Singapore, China and the Middle East. Features of its fully-integrated system include property management, channel management, point of sale, dynamic pricing, housekeeping, tour desk, event management and sales.

RMS is a sponsor of the Serviced Apartment Awards and Serviced Apartment Summit Europe.

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