{"id":12202,"date":"2024-11-26T23:00:02","date_gmt":"2024-11-26T22:00:02","guid":{"rendered":"https:\/\/www.cdsgroupe.com\/uncategorized\/cds-groupe-further-consolidates-position-as-european-leader-for-business-travel-solutions-with-acquisition-of-italys-siap\/"},"modified":"2025-06-06T14:35:09","modified_gmt":"2025-06-06T12:35:09","slug":"cds-groupe-further-consolidates-position-as-european-leader-for-business-travel-solutions-with-acquisition-of-italys-siap","status":"publish","type":"post","link":"https:\/\/www.cdsgroupe.com\/en\/press-releases\/cds-groupe-further-consolidates-position-as-european-leader-for-business-travel-solutions-with-acquisition-of-italys-siap\/","title":{"rendered":"CDS further consolidates position as European leader for Business Travel solutions with acquisition of Italy\u2019s SIAP"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-12192 size-large\" src=\"https:\/\/www.cdsgroupe.com\/wp-content\/uploads\/2024\/11\/siap-746x1024.jpg\" alt=\"\" width=\"746\" height=\"1024\" srcset=\"https:\/\/www.cdsgroupe.com\/wp-content\/uploads\/2024\/11\/siap-746x1024.jpg 746w, https:\/\/www.cdsgroupe.com\/wp-content\/uploads\/2024\/11\/siap-219x300.jpg 219w, https:\/\/www.cdsgroupe.com\/wp-content\/uploads\/2024\/11\/siap-768x1054.jpg 768w, https:\/\/www.cdsgroupe.com\/wp-content\/uploads\/2024\/11\/siap-106x146.jpg 106w, https:\/\/www.cdsgroupe.com\/wp-content\/uploads\/2024\/11\/siap-36x50.jpg 36w, https:\/\/www.cdsgroupe.com\/wp-content\/uploads\/2024\/11\/siap-55x75.jpg 55w, https:\/\/www.cdsgroupe.com\/wp-content\/uploads\/2024\/11\/siap.jpg 933w\" sizes=\"auto, (max-width: 746px) 100vw, 746px\" \/><\/p>\n<ul>\n<li><strong>SIAP<\/strong>, Italy\u2019s premier ERP provider for travel management companies (TMCs), serving over 1,000 clients, joins CDS, Europe\u2019s leading hotel booking and payment solutions platform for business travel.<\/li>\n<\/ul>\n<ul>\n<li>SIAP\u2019s 90 employees bring CDS\u2019s total workforce to over 450, with offices in six European countries (France, Germany, Italy, Poland, Croatia, Romania) and an annual hotel booking volume of \u20ac800 million.<\/li>\n<\/ul>\n<ul>\n<li>\u201cThis milestone acquisition reinforces our leadership position and aligns with our ambition to achieve \u20ac1 billion in business travel hotel bookings within the next three years,\u201d said Ziad Minkara, Group CEO.<\/li>\n<\/ul>\n<h2><strong>Paris, Wednesday, November 27, 2024<\/strong><\/h2>\n<p>CDS, the French leader in hotel booking and payment solutions for corporate clients and travel management companies (TMCs), has announced the acquisition of SIAP, a historic Italian company with over 40 years of experience in developing software for the tourism and business sector.<br \/>\nAs part of the deal, SIAP, whose ERP software is used by over 1,000 Italian TMCs, will join the Group but remain autonomous, with no changes in terms of management structure or brand.<\/p>\n<h3><strong>Investing in Excellence and Innovation<\/strong><\/h3>\n<p>CDS\u2019s robust financial performance enables it to make strategic investments that benefit its clients and the broader market. These include:<\/p>\n<ul>\n<li>Technological innovation to enhance payment solutions at a European level,<\/li>\n<li>The expansion of its service offerings, ensuring seamless delivery across all operational markets,<\/li>\n<li>Investments in market expertise, ensuring tailored, high-quality service through local specialists.<\/li>\n<\/ul>\n<p>\u201cThis acquisition reflects CDS\u2019s commitment to innovation and excellence. With the integration of SIAP, we gain not only a stronger foothold in the Italian market but also access to advanced ERP technologies and a deep understanding of local travel management practices. This news also means that we are now on target to hit \u20ac1 billion in annual hotel booking volume by 2027. Watch this space for more acquisition news as we continue consolidating the market\u2013 including plans for entering into the Anglo-Saxon market.&#8221; said Ziad Minkara.<\/p>\n<h3><strong>Enhancing Corporate Services Across Europe<\/strong><\/h3>\n<p>The acquisition also brings the inclusion of SIAP\u2019s innovative <strong>Methodica<\/strong> solution, which specializes in services for TMCs and corporates. These tools will be rolled out across the Group, enhancing its value-added services and strengthening its ability to meet the needs of its corporate clients.<br \/>\nAntonio Rosa, founder of SIAP, commented:<br \/>\n\u201cJoining CDS allows us to combine SIAP\u2019s expertise with the Group\u2019s extensive resources and network, creating new opportunities to serve our clients better. We are excited about the journey ahead as we contribute to building Europe\u2019s leading business travel solutions platform.\u201d<\/p>\n<h3><strong>About SIAP<\/strong><\/h3>\n<p>Founded more than four decades ago, SIAP has revolutionized the Italian software market, standing out as a pioneer in introducing cloud technology even before the advent of the internet, and more recently, artificial intelligence for business travel. With a suite of innovative and high-performing solutions, SIAP has supported major Italian companies in business travel, tour operating, travel agencies, and MICE sectors. SIAP\u2019s history has been marked by a strategy strongly oriented towards understanding market needs. The company\u2019s offerings have always been guided by a special focus on its users, enabling the constant evolution of its software solutions to address the challenges of a continuously transforming sector successfully.<\/p>\n<p><a href=\"https:\/\/www.siapcn.it\/\">https:\/\/www.siapcn.it\/<\/a><\/p>\n<p><strong>Press contact<\/strong>: Rebecca XERRI \u2013 <a href=\"mailto:rxerri@cdsgroupe.com\">rxerri@cdsgroupe.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SIAP, Italy\u2019s premier ERP provider for travel management companies (TMCs), serving over 1,000 clients, joins CDS, Europe\u2019s leading hotel booking and payment solutions platform for business<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":13468,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[132],"tags":[],"class_list":["post-12202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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