Hotel Engine: Raises $65M in Series B; at $1.3 Billion Valuation

Hotel Engine Raises $65M in Series B; at $1.3 Billion Valuation

• Hotel Engine, a Denver CO-based Lodging Performance Network company, raised $65M in Series B funding
• The round was led by Telescope Partners with participation from Blackstone
• The company intends to use the funds to expand operations and its business reach
• HotelEngine provides a Lodging Performance Network which aims to create a rewarding business travel experience by connecting a global network of businesses and lodging partners
• The collective power of the network delivers savings, convenience and choice to business travelers, while driving business to lodging partners
• HotelEngine is used by 550,000+ individual members across 40,000+ businesses and 700,000 hotels in 185+ countries