Cloudbeds vs Figma

About

Cloudbeds is a hospitality management platform founded in 2012 by Adam Harris and Richard Castle to provide independent hotels, hostels, bed-and-breakfasts, and vacation rental operators with the modern property management system (PMS) and distribution tools that were previously accessible only to large hotel chains with enterprise IT budgets. The company was built on the observation that the fragmented independent hospitality sector — which represents the majority of lodging properties globally by count — was managing reservations with outdated software or spreadsheets, losing revenue to manual errors and inefficient channel management. Cloudbeds designed a unified platform that consolidates PMS, channel manager, booking engine, and revenue management in a single cloud-based interface.\n\nCloudbeds' platform enables hospitality operators to manage room inventory, pricing, and availability across direct booking channels and over 300 online travel agencies (OTAs) including Booking.com, Expedia, and Airbnb from a single dashboard. The system handles the full guest lifecycle from reservation through check-in, housekeeping, and check-out, with integrations to point-of-sale, payment processing, guest communication, and accounting systems. Cloudbeds has processed 40 million bookings across its customer base from 2022 to 2024, and its revenue management tools use AI to suggest dynamic pricing adjustments based on demand signals, competitive rate data, and historical occupancy patterns.\n\nCloudbeds serves tens of thousands of properties across 150+ countries and has been recognized as a Top Property Management System in the Hotel Tech Report awards from 2021 through 2025 — a five-year consecutive recognition that reflects sustained customer satisfaction across its diverse global user base. The company raised significant venture funding to build its platform and expand internationally, and it has become the de facto PMS standard for independent hospitality operators seeking enterprise-grade capability without enterprise-grade complexity or cost. Cloudbeds competes primarily with Mews, Little Hotelier, and legacy PMS vendors in the independent property segment.