DLocal announced a partnership with Cloudbeds, a leader in hospitality management technology, to streamline payments for thousands of hotels and property managers in Thailand. This strategic collaboration aims to overcome fragmented payment systems and limited local settlement solutions in the country's vital hospitality sector.
Thailand's hospitality industry is projected to reach USD 1.50 billion in 2025, with many properties struggling with outdated infrastructure, manual reconciliation, and high cross-border fees. The DLocal Platform solution will automate property onboarding, manage ledgers, and settle payments in local currency, eliminating operational friction.
This partnership allows Thai hotels to easily process payments on their websites, receive OTA payments, and accept both local and international credit cards directly through the Cloudbeds platform. The streamlined transactions are expected to improve cash flow, simplify financial management, and enhance the guest experience.
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