Megasys Hospitality Systems

Name

Megasys Hospitality Systems

Legal name

Megasys Hospitality Systems Inc. LLC

Website

https://megasyshms.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Hospitality Property Management Software

akta.pro primary industry

Sales & Catering / Group & Event Management (THALACAM)

Keywords

• Hospitality management software
• Property management system
• Online booking engine
• Campground reservation software
• Hotel point of sale

Headquarters

HQ city

Tulsa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Portfolio HMS Subscription: Core hospitality management software subscription. Clients only use and pay for modules they need for their operations. Available on cloud, mobile, or on-premise.
2. GuestRez Transaction Fees: Transaction-based fee for each online reservation booked through GuestRez. Fee covers monthly support and can be recouped via resort fees within Portfolio HMS.
3. CampRez Transaction Fees: Transaction-based fee for online campground reservations booked through CampRez, following same premise as GuestRez.
4. MegaTouch POS: Optional add-on module for point of sale operations integrated with Portfolio HMS.
5. MegaLynx GDS/OTA Distribution: White-label product for GDS and OTA connectivity including website booking engine, CRS services, and call center voice reservations.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Megasys Hospitality Systems develops and sells Portfolio HMS, an integrated hospitality property management platform with 45+ modules covering reservations, front office, housekeeping, conference services, guest CRM, and accounting. The core product is augmented by add-on products: GuestRez and CampRez online booking engines, MegaTouch POS for restaurants/retail, MegaLynx for GDS/OTA distribution, and a Conference Services sales-and-catering module. All offerings share a single database and are available on cloud, mobile, or on-premise deployments for hotels, resorts, state parks, campgrounds, conference centers, and casino properties.

Product overview

Megasys Hospitality Systems offers a modular hospitality management software platform centered on Portfolio HMS as the core product. The platform comprises Portfolio HMS (core property management system with 45+ modules), supplemented by add-on products including GuestRez (online booking engine for hotels/lodges), CampRez (campground booking engine), MegaTouch POS (point of sale for restaurants/retail), MegaLynx GDS/OTA (distribution to global distribution systems and online travel agents), and Conference Services (sales and catering module). All products share a common database and can be deployed on cloud, mobile, or on-premise. The company was acquired by Fullsteam Operations LLC in 2022, previously acquired by IQware in December 2021.

Differentiator

Problem solved

Functional benefit

Brands

• Portfolio HMS®: Core hospitality management software product providing a full-feature, total integrated software solution for property operations.
• GuestRez®
• CampRez®
• MegaTouch POS®
• MegaLynx® GDS / OTA
• Conference Services

Products and services

• Portfolio HMS Core hospitality property management software with 45+ integrated modules including Reservations, Front Office, Housekeeping & Engineering, Conference Services, Guest Management (CRM), and Accounting & Back Office. Designed for hotels, resorts, condominiums, state parks, campgrounds, conference and retreat centers, restaurants, and retail outlets. Available on cloud, mobile, and on-premise deployments, with all modules sharing a single database.
• GuestRez Online booking engine for guest rooms, lodges, cabins, and cottages. Supports individual or group reservations with discount rates and real-time inventory/rate verification directly from the Portfolio HMS database. Sold as a transaction-fee-based add-on for hotels, lodges, and resorts.
• CampRez Online campground booking engine for RV sites, tents, shelters, cabins, and cottages. Supports site selection based on equipment needs (pad size, electric, water, sewer) with interactive map and site number selection. Transaction-fee-based add-on for campgrounds and state parks.
• MegaTouch POS Integrated point-of-sale application built within Portfolio HMS for restaurants, food & beverage outlets, and retail shops. Includes full inventory modules with actual and perpetual inventory tracking, reorder points, and cycle counting. Shares the same database and server as Portfolio HMS.
• MegaLynx GDS/OTA White-label CRS/PMS solution providing connectivity to Global Distribution Systems and Online Travel Agents (Hotels.com, Expedia, Orbitz, Priceline, Travelocity), including a fully branded website booking engine optimized for mobile and call center voice reservations. Syncs Availability, Rates & Inventory (ARI) data every 60 seconds.
• Conference Services

Quantifiable outcome

• Long-term client retention - clients have maintained relationship for 30+ years

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration20 records

AI capability4 records

Feature6 records

Partnerships

Six partnerships are on record, tiered flagship, core and minor.

• Fullsteam Operations LLCflagshipOthers · 12 April 2022Fullsteam acquired both IQware Inc. and Megasys Hospitality Solutions in April 2022 to strengthen position in the hospitality industry. Parent company providing payment processing services (Fullsteam Operations LLC in US, FS Payments Canada Ltd. in Canada).
• IQware Inc.flagshipOthers · 20 December 2021IQware acquired Megasys Hospitality Solutions in December 2021 to strengthen position in the Alternative Lodging Market.
• SabrecoreTechnology or IntegrationGDS (Global Distribution System) partner for hotel distribution connectivity through MegaLynx integration.
• SHR ( SHR global)coreTechnology or IntegrationGDS partner for hotel distribution connectivity through MegaLynx integration.
• TravelClickcoreTechnology or IntegrationGDS/OTA partner for hotel distribution connectivity through MegaLynx integration.
• Five Star Call CentersminorChannel Partner/ Reseller/ DistributorCall center partner for voice reservation services supporting MegaLynx Call Center voice reservations.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hotelogix: Cloud-based PMS serving independent and small-chain hotels worldwide. Comparable modular subscription model and similar mid-market target customer base to Megasys.
• Cloudbeds: Cloud-first PMS platform serving hotels, hostels, and alternative lodging properties globally. Direct competitor to Megasys's Portfolio HMS, especially in the boutique and mid-market segment.
• RMS Cloud: Cloud-based property management software for hotels, RV parks, campgrounds, and resorts. Particularly comparable because of its RV-park and campground module set, which overlaps with Megasys's CampRez offering.
• ThinkReservations: PMS and booking engine focused on independent inns, B&Bs, and small lodges. Comparable because it targets the same boutique/alternative-lodging niche Megasys serves with Portfolio HMS.
• Maestro PMS: PMS and hotel software for independent resorts, conference centers, and boutique hotels. Direct overlap with Megasys's conference/retreat center and resort vertical.
• Little Hotelier: PMS purpose-built for small properties such as B&Bs, inns, and small hotels. Competes with Megasys's lower-end deployments and serves a similar subscription-based buyer profile.
• RoomKeyPMS: Property management system for independent hotels, resorts, and inns with integrated online booking. Closely matches Megasys's feature set and target segment of mid-market independent properties.
• WebRezPro PMS: Cloud PMS for hotels, inns, B&Bs, campgrounds, and vacation rentals. Direct competitor because of its alternative-lodging breadth and integrated online booking engine comparable to GuestRez/CampRez.

Broad incumbents

• Shiji Group: Global hospitality technology platform offering PMS, POS, distribution, and payments to large hotel chains. A broad incumbent in adjacent hospitality-tech categories such as POS and distribution, where Megasys also competes with MegaTouch and MegaLynx.
• Oracle Hospitality (OPERA Cloud): Enterprise PMS and hotel technology suite used by major chains and large independent properties. The dominant broad incumbent in hospitality PMS and a long-term competitive reference point for any alternative-lodging vendor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/megasyshms
• Facebookfacebook.com/megasyshms
• LinkedInlinkedin.com/company/megasys-hospitality-systems-inc./about

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Megasys Hospitality Systems