PALO ALTO, California., September 19, 2023 /PRNewswire/ — Spotlio AS (the “Company”, Euronext Growth Oslo), previously known as Canopy Holdings AS, confirms the operational integration of its wholly owned European and US businesses, represented by the two main brands Spotlio and Catalate respectively. The integrated operations, which will be marketed to customers under the consolidated Spotlio banner, will redefine destination digital technology and usher in a new era of cutting-edge solutions for the ski resort, parks and attractions industry. This transformative collaboration solidifies our commitment to industry excellence and enhances the experience for millions of customers.
The combined operations enable the integration of capabilities across a diverse portfolio, enabling Spotlio to connect resorts and attractions to consumers in the most efficient manner possible. The seamless integration of dynamic pricing and demand-driven e-commerce solutions across various platforms, ranging from web to mobile apps, removes the barriers that stand in the way of delivering a rewarding omnichannel customer experience. This enhancement not only promotes increased customer loyalty, but also effectively addresses common issues faced by park and attraction operators globally.
The combined operations are uniquely positioned in the paid attractions industry with a range of offerings also including mobile apps that boast an exceptional average rating of 4.6 from over 37,000 reviews, interactive maps covering over 2,500 resorts worldwide and new intuitive features such as mobile ski passes. Notably, the Skitude community app for mountain skiers completes the portfolio. With a global presence reflected by its team members spanning every continent, the company is poised to redefine the standards of technological innovation for resorts and attractions.
Boasting an impressive experience of over a decade, Spotlio has established itself as the leading provider of white label digital solutions for destinations. Notable clients include world-renowned resorts such as Aspen Snowmass, Vail Resorts and Crans Montana. Catalate, renowned for its expertise in dynamic pricing services and e-commerce, has achieved remarkable milestones, having facilitated over 1 billion dollars in online sales in the parks and attractions landscape.
The strategic importance of supporting customers through a network of partnerships cannot be overstated. Spotlio and Catalate, through their combined strengths, have fostered valuable collaborations with industry leaders such as Inntopia, Skidata, Axess, JB Concepts and Aspenware, among others. These partnerships are instrumental in strengthening service offerings, driving innovation and ensuring Spotlio provides the most comprehensive solutions in destination digital technology. By leveraging the expertise and capabilities of technology partners, Spotlio is better equipped to contribute to the evolution of the resort, parks and attractions industries.
As part of a strategic approach to transforming the business, the focus remains on strengthening competitiveness, achieving sustainable growth and maintaining the path to profitability. As part of this strategy, Liftoptia.com will be discontinued as a brand and, in this regard, the Company will also consider divestment of Liftopia.com. This decision further reflects our commitment to streamlining operations and aligning resources with long-term vision and goals. Discontinuing Liftopia.com will allow Spotlio to improve operational efficiencies, strengthen its core offerings, and ultimately deliver greater value to customers and stakeholders.
“Today marks a pivotal moment in our journey,” said Christian Erlandson, CEO of the Spotlio group. “The union of Spotlio and Catalate ushers in an era of limitless possibilities, where our collective expertise will reshape the destination digital technology landscape.”
The rebranding of the combined operations under the consolidated Spotlio brand, along with the renaming of the parent company from Canopy Holdings AS to Spotlio AS, signifies alignment of vision and a shared commitment to delivering unrivaled value to customers across the whole world. This strategic alignment paves the way for a future characterized by innovation, growth and transformative experiences.
Spotlio is a pioneering force in digital destination technology, delivering tailored solutions – from apps to e-commerce, and almost everything in between – that redefine the way travelers interact with resorts, parks and attractions. With a decades-long legacy of excellence, Spotlio offers its clients innovative white-label digital solutions and pricing services, driving connections and enhancing experiences on a global scale.
Media Contact: Katie Bottrell
SOURCE Spotlio AS
