ResortSuite to be acquired by Agilysys, reveals Frank Pitsikalis
Hospitality management software system ResortSuite is set to be acquired by Saas software provider Agilysys in a US$25m (€22.2m, £18.8m) deal in January 2022.
The acquisition is designed to bring next-generation SaaS solutions to ResortSuite customers and enable revenue synergies and delivery of high-end integrated hotel property management and contactless capabilities to the global hospitality industry.
“This will accelerate the move to fully cloud-native solutions for ResortSuite customers and access to best-in-class solutions across both companies’ customers,” explained Frank Pitsikalis, ResortSuite CEO and founder.
“Both companies’ customers will have access to next-generation cloud-native technology-based products and the opportunity to offer a fully integrated contactless solution for their guests while empowering all departments through a unified common profile across the entire resort.
“This combination will bring together two of the leading providers in hotel/resort, spa/wellness and club operations and amplify the unique value we can deliver to our joint customers’ operations and the guest experience.”
Pitsikalis’ new role will see him report to Agilysys CEO Ramesh Srinivasan as VP of strategy.
Pitsikalis added: “Agilysys and ResortSuite share an unwavering commitment to the hospitality market, several shared customers, integrated software solutions, a passion for world-class customer service and a strong desire for continued innovation which constantly improves and enriches the guest experience.
“We share a common work ethic and culture with Agilysys – together we have a solid growth path ahead of us.”
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