Tech startup OTA Insight, which provides business intelligence to the hospitality industry for revenue optimisation, has announced a $20 million funding round and additions to the board of director to provide additional guidance in its next growth phase.

Currently, OTA Insight works with 16,000 properties across 134 countries and is eyeing new clients such as hotels which already have sophisticated revenue and distribution management system as well as properties of 20 to 30 keys that can’t afford a revenue manager.

The expansion plan also extends to new markets such as Asia Pacific as well as further building up the engineer team at its data hub in Ghent.

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