Merger of two industry leading companies combines technical knowledge, broad customer relationships, and a richly complimentary product set
Intelity, the leading integrated mobile and in-room technology provider for the global travel industry, and KEYPR, an enterprise provider of cloud-based guest experience and management solutions to hotels, casinos, and luxury residences, today announced at HITEC a planned merger between the two companies.
The merger between Intelity and KEYPR will bring a strong product line and a talented, global workforce that will significantly strengthen the group’s expertise in hotel mobile and in-room technologies. With over fifteen years of combined expertise and hundreds of thousands of guest rooms served, this consolidation is a huge step forward for hospitality technology. Together, the merged companies become the single largest, most mature enterprise platform available within the travel industry covering all touch points of the hotel guest and employee journey.
Branded as Intelity, the combined company will be by far the broadest, most deeply integrated, comprehensive hospitality platform on the market. The expected result in revenue synergies and combined platform offering creates a massive separation from the next closest competitors in the segment.
“After recently celebrating Intelity’s 10th Anniversary, this important and strategic merger will strengthen Intelity’s position in the hospitality sector and accelerate our move into this and other key markets,” said David Adelson, President and CEO of Intelity. “With many hotel companies at a crossroads in their mobile and in-room technology strategies, and the technology provider landscape fragmented, Intelity and KEYPR are committed to playing a key role in partnering with the hotel industry to address its challenges. The combination of KEYPR’s expertise and exceptional solutions with Intelity’s scale and global reach will enable us to deliver a comprehensive set of integrated high value solutions and services to the hotel and adjacent industries.”
“With such high fragmentation in the hospitality segment, this merger with Intelity is great news for the growth of our platform and our customers,” said Robert Stevenson, CEO of KEYPR. “Over the past 4 years, we have built a massively successful business and have established KEYPR as the lead upcoming player in the industry. By merging with Intelity’s incredible depth and market penetration, we will have by far the most robust platform to take that success to the next level and offer increased value to our combined customers.”