Case Study: Cloudbeds grows hospitality platform users’ revenue by 15% with Stripe

Cloudbeds grows hospitality platform users’ revenue by 15% with Stripe

Cloudbeds, a hospitality industry software provider, needed a more robust payment provider to accelerate its merchant onboarding process and handle the complex billing and payment flows of the hotel industry. Their initial provider took weeks to onboard new businesses and lacked the capabilities to support a wide variety of payment methods and data management tools.

By implementing Stripe Connect and Stripe Payments, Cloudbeds embedded a powerful financial engine into its platform. This solution from Stripe reduced merchant onboarding from weeks to hours, saved hundreds of developer hours, and provided users with expanded payment options. As a result, Cloudbeds Payments users saw a 15% revenue growth, and properties enabling alternative payment methods saw a 14.8% average revenue increase.

Cloudbeds