Kenya’s HotelOnline acquires hospitality software company HotelPlus

HotelOnline, a Kenyan-based Yanolja-backed travel technology scale-up that fashions itself as an e-commerce and digital marketing enabler in the hospitality industry, has acquired HotelPlus, a software provider with clients in 22 countries.
The full terms of the transcation were not disclosed but Eric Muliro, who founded HotelPlus in Kenya 13 years ago is getting a payout and $1.9 million in shares in HotelOnline, which was valued at $24 million before the deal. Muliro has also been appointed as HotelOnline’s chief technology officer.
HotelOnline said the deal has increased its customers

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