Stayntouch, a leading global provider of cloud hotel property management systems (PMS), has successfully raised $48 million in a strategic growth equity investment led by Sixth Street Growth, the technology growth investing arm of Sixth Street. The funding will fuel the expansion of Stayntouch’s PMS software and payments offerings, facilitate accelerated customer acquisition, and enhance customer service for independent hotels, management companies, and global hotel chains.

Founded in 2012 and acquired by MCR in 2020, Stayntouch offers an intuitive cloud PMS designed to streamline hotel operations. Their platform connects front and back-office functions, including reservations, front desk operations, payments, revenue management, reporting, and multi-property management. In October 2022, Stayntouch launched Stayntouch 2.0, a comprehensive suite featuring an end-to-end payments platform, a customizable booking engine, a channel manager, and robust chain management capabilities.

Tyler Morse, Chairman of Stayntouch, expressed confidence in Sixth Street as the ideal strategic partner, citing their flexible capital solutions and deep operational experience. Stayntouch plans to leverage this collaboration to accelerate growth while enhancing technology offerings.

Ben Johnston, Managing Director at Sixth Street Growth, highlighted Stayntouch’s innovative cloud-based PMS as the future of hotel technology. The investment from Sixth Street Growth aims to position Stayntouch to capitalize on the evolving landscape of the hospitality industry.

As part of the investment, Michael Bauer of Sixth Street Growth will join Stayntouch’s board, supporting the company in achieving its next phase of growth.

About Stayntouch: Stayntouch delivers a fully mobile guest-centric hotel property management system with over 1100+ best-in-class integrations. The cloud-native PMS empowers hotels to drive revenue, reduce costs, enhance service, and captivate guests. Supported by a team with deep roots in the hospitality industry, Stayntouch is a trusted partner to industry-leading management companies and innovative independent brands.

About Sixth Street Growth: Sixth Street Growth makes investments in mid- and late-stage technology companies, partnering with founders to provide differentiated capital solutions. It is the growth investing platform of Sixth Street, a global investment firm with over $74 billion in assets under management.

About MCR: MCR is the 3rd-largest hotel owner-operator in the United States with a $5.0 billion portfolio of 150 premium-branded hotels. They operate across 37 states and 107 cities, managing 9 Marriott brands, 8 Hilton brands, and several unflagged independent hotels. MCR has received prestigious awards, including the Marriott Partnership Circle Award and the Hilton Legacy Award.