The round was led by A/O PropTech with existing investors DTCP, JAL Ventures and Forestay Capital also participating. A/O and Fornova have also formed a design partnership which will see Fornova’s Hotels BI platform put into A/O’s portfolio of 150 hotels.

The idea is to gain insight on how the business intelligence technology is used by hotels and how it can be developed further. A/O is also hoping to gain real-time data about its hotel portfolio in place of traditional historic reports.
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