Continued Success: Profitroom named ‘Company to Watch’ in Deloitte Technology Fast 50 CE 2023

Date
27.11.23
Type
Press releases
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Booking technology provider, Profitroom has secured 24th position in the Companies to Watch Technology Fast 50 CE 2023 ranking organised by Deloitte, an international advisory and auditing firm.

Organising the coveted list, Deloitte CE aims to identify the fastest-growing technological companies in Europe. Each company applying for participation in the program had to meet the following criteria:

  • Have headquarters in one of the Central European countries.

  • Be a technological company with annual revenues exceeding 100,000 EUR.

  • Be the owner of intellectual property rights or reserved technology sold to customers in products that generate the majority of the company's operating revenues. Have an ownership structure that excludes majority stakes from foreign strategic investors.

Hundreds of tech companies compete to be on the exclusive list. Each presents financial reporting highlighting their growth dynamics. Of which Profitroom showed a strong growth of 98% across 4 years.

"Being included in the ranking of this prestigious competition is a great honour for us. For years, our strategy has been dynamic growth, which we consistently achieve. We are delighted that among so many technology companies in Central Europe, our growth rates have proven to be distinctive. Especially considering the fact that we are already a mature company within Poland, where maintaining such high growth dynamics is a big challenge" said Marcin Dragan, founder and CEO of Profitroom.

Profitroom provides reservation systems for over 3,500 clients in 45 countries worldwide. Its solutions are becoming increasingly popular, boosting direct bookings and automating marketing and sales processes in hotels.

"The technology we develop supports hotels in implementing their direct booking strategies. It is the most effective way to acquire bookings, not only because of costs saved but also because of the opportunity to build the hotel brand and guest loyalty," added Marcin Dragan.