TRACK Hospitality Software
“Can a vertical PMS for vacation rental managers own the entire financial workflow — payments, trust accounting, owner payouts — inside a single enterprise platform?”
Founded1999
HQCottage Grove, Minnesota, United States
FoundersRyan Bailey
Latest roundBuyout/LBO
IndustryVertical SaaS / Hospitality
The story
TravelNet Solutions has operated for two decades as a vertical SaaS platform for vacation rental / short-term hospitality operators. Its embedded finance strategy centers on TrackPayments — a native payments product that replaces third-party gateways with in-PMS card acceptance — and Trust Accounting, which handles the regulated owner-payout workflow specific to vacation rental management. The company is PE-backed and has been consolidating its financial workflow inside a single enterprise platform rather than pursuing broader banking/lending expansion.
Last 12 months
Product timeline
1999
TravelNet Solutions founded as hospitality technology company· founding
2024
Odus "Boogie" Wittenburg named President (later CEO) to advance mission-critical infrastructure· leadership
2024
TrackPayments launched as integrated payment processing built directly into TrackPMS· payments
The stack
1 layer disclosed in TRACK Hospitality Software’s embedded-finance stack
Payments / PSP
Accounting gap: none