Team Veye October 29, 2026

SiteMinder expands global hotel network with mid-20s ARR growth target

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SiteMinder Limited (ASX: SDR) has outlined its growth strategy and outlook at its Annual General Meeting on 28 October 2026. Its major focus is on expansion of its hotel commerce platform and higher profitability through AI and product innovation.

The company's technology is designed to help hotels manage bookings and distribute room availability across online channels while also helping them set prices and connect with travellers.

SiteMinder processes more than 140 million reservations each year with around 56,000 hotels on its platform and benefits from a broad global network of technology and distribution partners.

Growth in transaction services is supported by its Smart Platform while the Dynamic Commerce Engine will help hotels to make better commercial decisions and automate tasks such as pricing along with room availability and booking restrictions.

SiteMinder is also expanding its business through new products and partnerships. Channels Plus already lists more than 400,000 rooms and the company plans to launch Dynamic Revenue Plus 2.0 in January 2027.

The company has made clear progress in profitability as its adjusted EBITDA margin improved from -19.3% in FY2022 to 10.6% in FY2026 while adjusted free cash flow more than doubled to $10.5 million.

Management has an expectation that closing annual recurring revenue will grow in the mid-20s in FY2027 on a constant-currency and organic basis which should support revenue growth and a meaningful surge in the adjusted EBITDA margin.

SiteMinder expects ARR to achieve a mid-20s compound annual growth rate between its FY2026 closing level and its FY2030 closing level, with a target adjusted EBITDA margin in the mid-20s by FY2030.

Management has set a plan to improve efficiency during the first half of FY2027 by simplifying operations and integrating AI into customer engagement, sales, engineering and customer success while retaining human oversight for decisions that require judgement and involve risk or trust.

(Source: Company Announcements)

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