Details

Last Funding Type

Series B

Last Funding Money Raised

₩9B

Industries

Asset Management,B2B,B2C,CMS,Management Consulting,Property Management,SaaS,Software,Travel Accommodations,Vacation Rental

Founded date

Aug 23, 2016

Number Of Employee

101 - 250

Operating Status

Active

“ONDA leads the Digitalization in Hospitality Industry”

ONDA is a market leading Hospitality solution company in Korea who provides the complete suite of solutions to the Hospitality industry. ONDA has led the digitalization of the Hospitality industry by providing the 3 major business areas as below.

1.Global Distribution Service (GDS): ONDA has the largest Hotel & accommodations ARI(Availability, Rate, Inventory) distribution network in Korea. With one API Integration with ONDA, both suppliers and channels can get business opportunities for their revenue maximization.
-Suppliers: ONDA distributes suppliers’ inventories to 40+ online sales channels for sales maximization (global & local OTAS, ecommerce, portal etc.)
-Channels: ONDA provides accommodation inventories for your channels sales (maximizing inventory and ROI by reducing IT/ acquisition and database management cost)

2.Online Booking Solution (OBS): ONDA provides SaaS based Hospitality Solutions such as customized PMS (Property Management System), CMS (Channel Management System), BE (Booking Engine) that supports accommodations to get direct bookings for their revenue optimization.

3.Hotel Management: Hotel management service (Consignment/ GSA) - Franchise management system allowing smaller sized hotels to large sized hotels to extend ONDA’s hotel management expertise and database for sales, operation etc. ((management, operating, consignment sales, franchise)

ONDA covers about 70% of whole South Korea online accommodation market. It has built solid partnerships with global tech companies and has been selected as Google Hotel's first official partner in Korea and as an Airbnb Software Preferred Partner. Recently, ONDA was selected into ‘The Baby Unicorn Project’ by the Ministry of SMEs and Startups. Also, the Financial Times ranked ONDA 7th among Korean tech companies in its ‘Asia-Pacific High-Growth Companies 2022’ and recently, ONDA was ranked 34th (first among Korean companies) in the ‘Global PMS Vendor’ list selected by Skift, a U.S. travel research company.