Guangzhou Huideng Information Technology

Convergent's core business revolves around a self-developed SaaS platform that creates a comprehensive, digitalized system for the hotel industry. This platform addresses resource procurement, dynamic pricing, intelligent distribution, and data analytics. The company's business model is centered on aggregating hotel and travel resources and providing them to a wide network of distribution partners. Its client base includes over 20,000 travel agencies, travel management companies (TMCs), airlines, and banks. Revenue is generated by facilitating the wholesale distribution of hotel rooms and other travel products, enabling partners to access a vast inventory at competitive prices. The company emphasizes direct contracting with hotels to ensure quality and cost-effectiveness, with approximately 90% of its orders coming from these direct relationships.

The firm's service connects a network of over 1.1 million hotels across more than 150 countries with its distribution partners. A key milestone was the completion of a Series B+ funding round of approximately $13.8 million in March 2025. This capital infusion, led by Fengyuan Capital and joined by Huashan Capital and existing investor Mingyu Venture Capital, is designated for upgrading its supply chain infrastructure, developing AI-driven platforms, and global expansion. Convergent reported an 82% year-on-year business increase in the first quarter of 2025, demonstrating significant growth. The company is also expanding beyond accommodations, with a notable 504% year-on-year increase in bookings for entertainment products, showcasing a move towards integrated "Hotel+X" package offerings.