Onyx CenterSource, the global leader in hotel commission payment and recovery services, today announced the acquisition of eCommission Solutions LLC, a New York-based company that provides revenue recovery, data management, business intelligence and consulting services to travel agencies, consortia and corporate travel managers.
“The purchase of the ECS assets builds our global commission recovery client base and will provide ECS customers with access to an expanded hotel network and additional support services around the world,” said Mark Dubrow, Onyx chief executive officer. “We are also exploring the ECS big data platform to understand how it may expand our business intelligence services and create new value in the future.”
ECS Founder and CEO Paul Hoffmann will stay on in a consulting role, helping convert customers from the ECS platform to Onyx’s RecoverPro platform. “This combination of two leading commission recovery and management companies represents the best of both worlds because it will better serve ECS clients while expanding Onyx’s commission recovery client base,” Hoffmann said.
Both companies are privately held, and terms of the transaction were not disclosed.
About Onyx CenterSource
Onyx CenterSource is the world’s leading provider of commission payment processing and recovery services for hotels and travel distributors. The company strives to build long-lasting relationships with its partners and is passionate about providing quality customer service, consultative insight and cost-effective solutions. With a legacy dating to 1992, the company facilitates in excess of $1.2 billion in payments annually, partnering with more than 60,000 hotel properties and 200,000 travel booking providers in 160 countries. In addition to its headquarters in Dallas, Onyx CenterSource has regional hubs in Seville, Spain; Tønsberg, Norway; and Manila, Philippines.
RecoverPro is a trademark of Onyx CenterSource.
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