OTA Insight acquires Transparent to form the world’s first cloud-based commercial platform to serve both hotel and short-term rental industries
Following a year of rapid growth, the market leader in short term rental business intelligence will join forces with the market leading hotel business intelligence platform
Denver, CO, London, U.K & Madrid, Spain - OTA Insight, the global leader in cloud-based hospitality business intelligence, today announced the acquisition of Madrid-based Transparent, a market leading provider of data and business intelligence for the rapidly growing short-term rental industry.
The combination of OTA Insight and Transparent will create the world's most comprehensive platform for data and analytics across both hotel and short-term rental industries. “Distribution channels are converging, with OTAs offering both hotel and short term rental accommodation. The lines are starting to blur between accommodation providers with hotel chains rapidly expanding their short term rental portfolios” said Sean Fitzpatrick, CEO of OTA Insight. "We’re delighted to join forces with Pierre Becerril and the incredibly talented Transparent team to help meet the needs of a fast changing industry.” Founded in 2016, Transparent aggregates and structures data on more than 35 million listings across the globe. Transparent’s data originates from proprietary and public sources, including AirBnB, VRBO, Booking.com and industry partners.
Decision makers at short-term rental property management companies, destination marketing organizations, hotels, investors, OTAs and other industry service providers use Transparent data and analytics tools to drive their businesses. Transparent’s advanced analytical and integrative capabilities make quality market data delivered through the platform fully actionable, so that users can optimize their strategy.
"Transparent’s high-quality data is the fuel that has enabled thousands of customers to make smarter pricing, distribution and investment decisions,” said Pierre Becerril, co-founder and CEO of Transparent. "With the increased levels of convergence of hotels and vacation rentals, we believe that the combined Transparent and OTA Insight teams will help to consolidate our position as a market leader. Today, we are proud to join the OTA Insight team. We have a lot of synergies to build on, which will ultimately benefit our customers, teams and investors as we continue to scale and grow.”
To learn more about Transparent, visit: https://bit.ly/transparent-learn-more.
About Lighthouse
Lighthouse (formerly OTA Insight) is the leading commercial platform for the travel & hospitality industry. We transform complexity into confidence by providing actionable market insights, business intelligence, and pricing tools that maximize revenue growth. We continually innovate to deliver the best platform for hospitality professionals to price more effectively, measure performance more efficiently, and understand the market in new ways.
Trusted by over 65,000 hotels in 185 countries, Lighthouse is the only solution that provides real-time hotel and short-term rental data in a single platform. We strive to deliver the best possible experience with unmatched customer service. We consider our clients as true partners—their success is our success.
Adam Swart
Global Head of Brand
