SiteMinder is an open hotel commerce platform. Founded in Sydney in 2006, the company’s software allows hotels of all sizes to create an online presence and manage bookings.
The company listed on the Australian Securities Exchange (ASX) in November 2021 following an oversubscribed initial public offering (IPO) of $627 million.
The company counts more than 32,000 hotels across 150 countries as its customers, with its platform available in eight languages. In the year prior to the pandemic, SiteMinder helped generate more than 100 million reservations worth over US$35 billion in revenue for its customers.
SiteMinder remains headquartered in Sydney, with offices in Bangkok, Berlin, Dallas, Galway, London and Manila. It has almost 900 staff across 20 countries.
Qantas Super invested in SiteMinder in January 2020 (ie prior to its listing on the stock exchange) via a dedicated pre-IPO portfolio, held in our Private Equity portfolio within Equities.