Groups360 raises US$35m to support growth in Asia Pacific

groups360

Group travel booking platform Groups360 has raised US$35 million to grow its operations and expand further in EMEA and APAC.

The latest funding round led by Zigg Capital and includes Blackstone Innovations Investments and Fir Tree Partners join existing investors Accor, Hilton, IHG Hotels & Resorts, and Marriott International.

Over the last 12 months, Groups360 has launched instant booking for group stays at over 7,000 hotel properties and booking capabilities at 200,000 hotel properties worldwide.

Groups360 recently announced commercial partnerships with Omni Hotels & Resorts, TFE Hotels, and Premier Inn – joining the ranks of Accor, Hilton, IHG Hotels & Resorts, and Marriott International.

“Groups360 is reshaping the hospitality industry in a manner that makes booking groups simple, transparent, and efficient for both hotels and event organizers,” said Kemp Gallineau, CEO at Groups360.

“Now, with support from our new partners, Groups360 is positioned to more quickly seize the opportunities which lie ahead for improving group travel.”