Hotel performance management platform MyDigitalOffice has purchased assets from Broadvine, a provider of hotel performance planning applications, including its cloud-based budgeting and forecasting platform.
The acquisition expands MDO's platform by adding standardized hotel budgeting capabilities with week-over-week forecasts. Additionally, Broadvine's customers will get additional support and customer success resources from MDO's hospitality technologists and customer success professionals.
"Budgeting and forecasting is the number one thing that our customers have asked us for over the last 18-24 months," said Ali Moloo, founder and CEO of MyDigitalOffice. "This acquisition instantly rounds out our platform to create a truly end-to-end hotel performance management system. It's a monumental milestone for us and a great honor to welcome the Broadvine team into the MDO family as we continue to drive positive change in our industry."
Broadvine’s hospitality customers can store all of their hotel data in one location, review and edit budgets with ease, create driver-based budgets and forecasts and compare any budget or forecast across their portfolios.
"We are excited to join the MDO team," said Broadvine CEO Lex Raleigh. "Empowering hoteliers to succeed is what we do. Now, with myDigitalOffice, we will lessen even more of the burdens and challenges that hoteliers face every day. I couldn't be more proud or excited to combine our expertise with the MDO team and to continue to support hoteliers around the globe."
Despite the global pandemic, MyDigitalOffice more than doubled its customer base in 2020 and is expected to more than triple it in 2021.