Lanyon Acquires DirectConnections!
Lanyon, Inc. (www.lanyon.com), the leading provider of hospitality content management and spend management solutions today announced it has acquired the assets of DirectConnections!, a provider of corporate spend management solutions based in Menlo Park, CA.
The acquisition includes DirectConnections! on demand spend management platform designed specifically to assist corporations in the sourcing and management of preferred hotel rates including a reverse auction alternative for corporations to source their transient room nights. The company has successfully delivered this comprehensive spend management solution to global corporations for over 10 years.
'We are pleased that DirectConnections! has joined Lanyon,' explained Todd E. Tyler, President & CEO of Lanyon. 'DirectConnections! corporate clients can take immediate advantage of Lanyon's multinational operations support and additional products and services that augment the DirectConnections! solution.'
As the world's largest online hospitality marketplace, Lanyon provides RFP and content management solutions to over 90,000 hotels and, spend management solutions to hundreds of corporations and agencies representing an annual demand for 95 million room nights with an economic value approaching $18 billion.
Lanyon's spend management solutions for corporations and agencies are the most complete and automated end-to-end solutions in the hospitality industry - from the sourcing of the preferred hotel rates (through the RFP or reverse auction process), the subsequent innovative audit of the availability and bookability of those negotiated rates, to robust benchmarking, compliance and savings reports.
About Lanyon
For 25 years, Lanyon has been delivering exceptional content distribution technologies to the travel industry. Today, as the world's largest online hospitality marketplace, Lanyon is the recognized leader in RFP, content and spend management solutions for the global travel industry. Established in 1984 and headquartered in Dallas, Texas, Lanyon is proud to serve the needs of thousands of customers including leading multinational corporations, travel management firms, consortia, car rental, airlines and over 90,000 worldwide hotels.
For further information on Lanyon please contact:
Mike Boult
Lanyon, Inc.
104 Decker Court, Suite 100
Irving, Texas 75062
Phone: +1 (856) 831-7900
Fax: +1 (866) 840-9987
mike.boult@lanyon.com
To learn more about Lanyon, visit www.lanyon.com.
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