Self-storage technology solutions provider Storable has acquired Newbook, a property management software provider that has been serving the hospitality industry, including RV parks and campgrounds, since 2010. The strategic partnership is designed to "transform the property management landscape," says a Storable press release. By integrating Storable’s platform, RV park and campground operators will need fewer systems to manage their business, which will help to improve operational efficiencies and customer satisfaction.
“We are thrilled to welcome Newbook to the Storable family as we launch our third vertical,” said Chuck Gordon, CEO of Storable. “Our experience with self-storage and marine has shown that our all-in-one platform brings significant benefits, not just to operators but to their customers as well. We are excited to extend these advantages to RV park and campground operators, enhancing their ability to provide exceptional service. Leveraging the strong foundation Newbook has built in the US, Australia, and other countries, we are fully committed to making substantial, market-leading investments that will continuously enhance customer experiences and drive innovation across the board.”
“Joining forces with Storable opens an exciting chapter for Newbook, enabling us to leverage their proven success to propel our solutions to new heights,” said Shaun Cornelius, CEO of Newbook. “Together, we are committed to driving technological advancements that deliver real value and elevate the operational efficiencies of our customers and their guests.”
The acquisition was finalized on May 1, 2024. Newbook, which currently has three international offices and over 50,000 users, will operate as a division of Storable with the management team intact. Current customers of both companies can expect "seamless continuation of all existing services and support."