dLocal, the foremost cross-border payment platform connecting global merchants to emerging markets, has partnered with Cloudbeds, a pioneering leader in hospitality management technology.
This strategic collaboration aims to streamline payment processes for thousands of hotels and property managers throughout Thailand, enabling seamless transactions for both local and international guests while enhancing cash flow and operational efficiency.
As a critical component of the Thai economy, the hospitality sector is projected to achieve a market size of USD 1.50 billion in 2025, with an expected CAGR of 5.67% to reach USD 1.98 billion by 2030. However, the industry faces ongoing challenges, including unstable payment systems, limited local settlement options, manual reconciliation processes, and high cross-border fees. These issues often cause delays, restrict preferred payment methods, and create significant cash flow obstacles for businesses.
By utilising the dLocal Platform solution, Cloudbeds will automate the onboarding of properties, manage ledgers, and facilitate settlements in local currency. This initiative removes operational inefficiencies, enhancing financial accessibility for thousands of Thai hotels.
The partnership allows properties to easily onboard, process payments directly through their websites, manage payments from OTAs, and accept both local and international credit cards. This streamlined approach improves guest experiences by reducing check-in delays and ensuring seamless stays.
With the Cloudbeds platform, hotels can process payments efficiently, unify operational and financial management, and strengthen their financial stability. Automated fund distribution optimises cash flow and simplifies management, allowing hotels to focus on providing outstanding guest experiences.
Tony Vardiman, VP of Global Payments & Operations at Cloudbeds, shared his perspective: “Our strategic partnership with dLocal empowers Thailand’s hospitality sector to overcome payment barriers while focusing on what matters most—exceptional guest experiences. By integrating seamless local and global payment processing into our platform, we’re helping properties transform their operations, improve cash flow, and connect more effectively with travellers worldwide.”
Alberto Bentancur, Head of Growth at dLocal, added: “Through our partnership with Cloudbeds, we’re simplifying payment processing for businesses in Thailand’s hospitality sector. By enabling local currency settlements and improving payment efficiency, we help streamline operations and support the growth of businesses in emerging markets, allowing them to stay competitive in a rapidly evolving global economy.”
The partnership between dLocal and Cloudbeds can positively impact Thailand’s hospitality industry, addressing long-term payment inefficiencies and ensuring financial stability for businesses.
By streamlining payment processes and enabling seamless transactions in local and international currencies, this collaboration enhances operational efficiency, optimises cash flow, and strengthens guest satisfaction.
Together, dLocal and Cloudbeds can play an important role in the industry’s continued growth.
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