TORONTO — myDigitalOffice (MDO), a technology platform used for hotel management, has purchased Broadvine, a provider of hotel performance-planning applications, including its cloud-based budgeting and forecasting platform.
“We’re excited to join the MDO team,” says, Lex Raleigh, CEO of Broadvine. “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.”
The acquisition expands MDO’s platform by adding standardized hotel-budgeting capabilities with week-over-week forecasts. Additionally, Broadvine’s customers will benefit from additional support and customer-success resources from MDO’s globally dispersed team of hospitality technologists and customer-success professionals.
“Budgeting and forecasting is the number-1 thing that our customers have asked us for over the last 18 to 24 months,” says 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 honour to welcome the Broadvine team into the MDO family as we continue to drive positive change in our industry through innovation and customer service.”
Despite the global pandemic, myDigitalOffice more than doubled its customer base in 2020 and is expected to continue to grow in 2021.