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Oracle acquired Nor1 on November 18, 2020, to enhance its OPERA Cloud Suite with Nor1's Merchandising platform. This platform uses AI and machine learning to offer personalized deals to hotel guests,…

Oracle acquired Nor1 on November 18, 2020, to enhance its OPERA Cloud Suite with Nor1's Merchandising platform. This platform uses AI and machine learning to offer personalized deals to hotel guests,…
Business: Provides AI-driven dynamic pricing and upsell merchandising for hotels
Scale: Reportedly deployed at over 4,000 hotel installations
Exit: Acquired by Oracle on 2020-11-18
Notable funding: Raised $9M Series B led by Concur in Dec 2012
Hospitality revenue optimization, upsell merchandising, dynamic pricing
2004
Travel & Hospitality Technology
9000000.00
Strategic investment; Concur planned to surface Nor1 offers to TripIt/business travel channels
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