3Sixty Relaunches Booking Platform and Enhances Duty of Care
Westbridge Capital Ltd. (“Westbridge”) portfolio company, RESIDE Worldwide, Inc. (“RESIDE”), global marketplace aggregator platform, 3Sixty, is up for the Accommodation Innovation Award at the Business Travel Awards.
RESIDE is a premiere prop-tech alternative accommodations firm with operations in over 19,000 cities and 60 countries. 3Sixty is a client-focused technology platform under the RESIDE brand offering global alternative accommodation solutions providing clients with vetted and flexible quality housing options, maximized value, elevated customer service and transaction transparency.
RESIDE recently received press coverage in Business Travel News Europe, which stated:
Accommodation booking specialist 3Sixty is relaunching its platform and brand, as well as announcing two new partnerships to offer enhanced duty-of-care features to clients.
3Sixty, which is a part of “alternative” hospitality specialist Reside Worldwide, is being rebranded as a “marketplace”, which uses machine learning alongside human input to create the best accommodation search results for each individual corporate client, traveller and trip.
The platform was originally launched in 2017 as a cloud-based booking platform for Reside clients. It aggregates more than one million properties in 60 countries, including vetting protocols, for business travellers, relocation management companies and travel administrators.
The new marketplace concept will be launched in phases with the supplier side being rolled out first, which will be followed by the client experience before the end of 2022.
3Sixty is also enhancing its duty-of-care capabilities through two partnerships with risk analytics firm Dun & Bradstreet and GeoSure, which specialises in safety and security data.
The link-up with Dun & Bradstreet will regularly “sweep” 3Sixty’s suppliers to identity any potential “red flags” on safety, security, financial health and business practices, which will allow the 3Sixty team to take action when necessary.
Meanwhile, 3Sixty will use an API integration with GeoSure to provide information to guests across a myriad of areas including Covid-19, women’s and LGBTQ safety, health and medical alerts, risk of physical harm, theft and political freedom.
Lee Curtis, CEO of 3Sixty, explained: “The adoption of technology in this industry has moved at a rapid pace over the past couple of years and is partly what made our 3Sixty product so successful.
“We’ve taken the essence of the platform and set it to work at a much faster pace while collecting and sharing much more information, but not comprising our approach to duty of care, which has always set us apart in the industry.
“We’re delighted to reveal these major updates today and then work towards our next goal: expanding and diversifying our supply of accommodation.”
In another move, 3Sixty has also amended its platform to be multicurrency and multilingual following its expansion in the EMEA and APAC regions.
3Sixty is one of the five finalists in the Accommodation Innovation category at the Business Travel Awards Europe 2022 being held in London on 30 September.
About RESIDE Worldwide, Inc.
Headquartered in Seattle, WA, RESIDE Worldwide, Inc. is the leading provider of professionally operated and managed global alternative accommodations with a portfolio of premier hospitality and technology brands (ABODA by RESIDE, Broadway Plaza, The Beekman Tower, The Residences at W New York, The Oxford, OnBase Suites and 3SIXTY). RESIDE's mission is to present a new way to stay; offering a curated experience to guests no matter the destination or duration of their stay. RESIDE aggregated a world-class partner network of over 1,000,000 of the best globally-compliant accommodations options in over 60 countries to satisfy growing consumer demand for high-quality, flexible and vetted housing solutions for business or leisure travel. To learn more, visit www.staywithreside.com.
About 3Sixty
3Sixty is a managed global accommodations marketplace and an end-to-end technology management platform designed to dramatically improve the overall mobility process for relocation for travel companies, clients, and guests. Providing clients with access to over 1,000,000 globally compliant, fully vetted, quality, and cost-effective accommodations options in over 60 countries, 3Sixty offers bilateral guest communications, case management, and business intelligence reporting to create a platform that manages, monitors, and elevates the mobility process. To learn more, visit www.3sixty.tech.
About Westbridge Capital Ltd.
Westbridge Capital is a private equity management company. Westbridge Capital focuses on real estate and private equity investments that by their nature have little correlation to publicly listed securities and may be used to diversify a portfolio and reduce overall portfolio risk and Volatility.
About Westbridge Capital Partners Income Trust
Westbridge Capital Partners Income Trust (the Fund) is a Canadian domiciled Mutual Fund Trust managed by Westbridge Capital. The Fund makes high yield loans to mature operating companies and distributes the associated income stream to investors through monthly distributions.