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Checkfront and Rezdy Merge in Significant Reservation Technology Deal in Tours, Activities and Attractions

Checkfront and Rezdy Merge in Significant Reservation Technology Deal in Tours, Activities and Attractions

Software Technology Services Re-Brand

CEOs Jason Morehouse and Chris Atkin share the details of the recent deal, which brings two in-destination experience sector booking system providers together under one company

Checkfront and Rezdy have joined forces in a recently confirmed merger deal.

The deal — which closed officially on June 15 the final day of Arival Activate | Bangkok for an undisclosed amount — is the largest and most significant deal since 2018 when acquired FareHarbor and TripAdvisor acquired Bokun

Arival sat down with Rezdy CEO Chris Atkin and Checkfront CEO Jason Morehouse for an exclusive discussion about the merger and their plans moving forward.


This deal has been in the works for some time. When asked about the impetus for the deal, Morehouse and Atkin shared that they had first floated the idea almost five years ago. 

“We always felt that we were two really well suited businesses to come together, two really strong trusted brands, each having the industry at heart in terms of what we’re trying to achieve,” said Atkin.

The impact of COVID slowed down the conversation for a few years but, as the businesses and the industry as a whole recovered from the pandemic, there was a compelling case for a combination.

Although neither would disclose the value of the deal, they did confirm that it is one of the biggest tours and activities tech deal thus far. For context, Booking Holdings acquired FareHarbor for US$250M in 2018.


Atkin and Morehouse confirmed that both businesses will continue to operate as their own brands and that there are no plans to combine the brands in the future. 

The immediate plan in bringing the two businesses together, according to Atkin, is finding ways to improve customer support and service and bringing more features to market. 

“We have passionate and knowledgeable staff in each market now as well as the ability to focus more resources on the problems that operators face in doing business online,” said Atkin.

While the finer details of how the overall business will be structured are yet to be unveiled, both CEOs emphasize operators can find confidence in the fact that the merging companies are dedicated to maintaining the high standards they have set and to nurturing the relationships they have established.

“The intent of what we’re doing here is to deliver something that is a step up from what we’ve been able to deliver as individual businesses,” explained Atkin. “The brands stay, the people stay… you’re going to keep seeing the same faces at Arival.”


The in-destination experiences industry is a thriving sector, with approximately one million operators worldwide. Valued at over $280B USD annually, it’s the third largest sector of travel, after airlines and hotels. However, tech in the experiences sector is highly fragmented. 

At last count there are over 150 reservation technology platforms serving various segments of the industry. Very few leaders have emerged to serve over 1000 operators. However, few have managed to reach the scale of Fareharbor, Bokun, Peek, Xola, Bookingkit, Regiondo, Trekksoft,  Checkfront, or Rezdy. Surprisingly, even with their dominance, these providers only serve a fraction — estimated at less than 5% — of the global market, leaving an enormous untapped potential for growth and consolidation within the industry.

Morehouse says “Combining our companies will benefit our shared customers, team, industry, and strategic position, thanks to our extensive regional presence and diverse verticals.” 


Unlike the FareHarbor or Bokun acquisitions, this merger results in the largest private independently owned reservation technology company. Specifically, a restech that is not owned wholly or in part by an online travel agency (OTA). For both CEOs, this seems to be something they feel very strongly about.

“I’ve long felt that strategic independence is a potential superpower as a tech business within this industry,” stated Atkin.

There has been a lot of debate in the industry about the independence of reservation technology systems and what that means for operators. While some argue that restech owned by OTAs favor distribution which is more costly to operators but good for the distribution platforms, others contend that the OTAs are the only ones with the scale to drive incremental growth in the industry. Although direct bookings are still the largest driver of revenue for most operators, OTA bookings have become the fastest growing channel for online bookings.

The larger question is whether this merger will trigger further consolidation in the marketplace.  Given that so few systems have the same scale and that it has been five years since the Fareharbor acquisition, it may be some time before we see more mergers or large deals like this in the market.

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Media Contact : Stephen Joyce, Janelle Visser

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