Seoul [South Korea], May 4 (ANI/PR Newswire): The AI-based SaaS (Software-as-a-service) company, Yanolja Cloud (CEO Jongyoon Kim) strategically invested in InnKey Infosystems Pvt. Ltd. (CEO Viral Shah, hereinafter InnKey), a provider of cloud-based enterprise PMS platform for premium hotels and chains, to accelerate its global hospitality solution business. InnKey, started in 2013 and headquartered in India, is a provider of a widely used hospitality technology solution. It currently provides its integrated cloud-based PMS platform to many full-service hotels and chains both in India and abroad. With its cutting-edge cloud technology, extensive breadth of features, and attractive market pricing, InnKey is helping many large hotels and chains to simplify their operations, increase revenues, maximize profits, and deliver an exceptional guest experience. Thanks to its strong domain knowledge, InnKey provides tremendous value to all its clients ranging from a 50-room independent boutique hotel to a 500-room luxury global hotel chain.
Yanolja Cloud decided to strategically invest in InnKey with a right to acquire to enhance and complement its global SaaS solutions business, leveraging and maximizing the value and synergies among its group affiliates, including eZee Technosys and ZEN Hospitality Solutions. Yanolja Cloud, together with its subsidiaries, is offering hospitality management solutions to more than 43,000 clients in over 170 global markets in 60 languages. It has also expanded its business vertical for its solutions business not only catering to the travel industry, but also to leisure, and residential-based spaces based on the robust scalability of its cloud and AI technology. InnKey’s integrated cloud-based PMS platform brings everyone in the hotel together, from reservations all the way to financial accounting, which allows for information to flow seamlessly through various departments for business analysis and effective use. Everything can be accessed…