Property management system provider RMS Cloud has reached a new company milestone this week, announcing the annualised value of bookings made through its systems has now surpassed AUD$1 billion.
The cloud-based platform has seen more than 650 new clients take on the system in the last year, according to owner and founder Peter Buttigieg, who started the company 35 years ago.
Now with over 6,000 clients on its books, RMS says more companies are seeing the benefit of the RMS Cloud, which handles distribution services including dynamic pricing, channel management, point of sale, property management, housekeeping, tour desk and event management functions. The company has recently added clients including New Zealand’s Scenic Hotel Group, Bespoke Residences, Dream Inn and has expanded its offerings with Quest Apartment Hotels and the Veriu / Punthill group.
Buttigieg hinted there was more to come from the company.
“We have a couple of significant deals in the pipeline and expect further announcements in the coming months,” he said.
RMS operates offices in six countries and regions including India, Singapore, China, the UK, North America and the Middle East, with its global headquarters in Melbourne.