dLocal and Cloudbeds partner to overcome payment barriers and strengthen operations in Thailand’s hospitality industry

Montevideo, Uruguay, April 9th, 2025 – dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, has partnered with Cloudbeds, the innovative leader in hospitality management technology, to streamline payments for thousands of hotels and property managers in Thailand.

Thailand's hospitality sector is a vital economic driver, with the industry projected to reach USD 1.50 billion in 2025 and grow at a CAGR of 5.67% to USD 1.98 billion by 2030. Beyond tourism, many properties struggle with fragmented payment systems and limited local settlement solutions. Outdated infrastructure, manual reconciliation, and high cross-border fees lead to delays in payments and hinder the ability to accept preferred domestic and international payment methods. These challenges create cash flow issues and increase administrative burdens.

By implementing the dLocal Platform solution, Cloudbeds will automate property onboarding, manage ledgers, and settle payments in local currency—eliminating operational friction and improving financial access for thousands of businesses. This partnership allows Thai hotels to easily onboard, process payments on their websites, receive OTAs payments, and accept both local and international credit cards. These streamlined transactions improve the guest experience by reducing check-in disruptions and ensuring a smooth stay.

Through this partnership, hotels and properties that leverage Cloudbeds can now process payments directly through the platform, creating a seamless experience while streamlining operations and unifying business and financial management. Cloudbeds efficiently handles transactions, allowing properties to receive local settlements. By automating fund distribution, the collaboration optimizes cash flow, simplifies financial management, and strengthens the financial stability of hotels across Thailand.

"Our strategic partnership with dLocal empowers Thailand's hospitality sector to overcome payment barriers while focusing on what matters most—exceptional guest experiences. By integrating seamless local and global payment processing into our platform, we're helping properties transform their operations, improve cash flow, and connect more effectively with travelers worldwide.", said Tony Vardiman , VP of Global Payments & Operations at Cloudbeds.

"Through our partnership with Cloudbeds, we’re simplifying payment processing for businesses in Thailand’s hospitality sector. By enabling local currency settlements and improving payment efficiency, we help streamline operations and support the growth of businesses in emerging markets, allowing them to stay competitive in a rapidly evolving global economy," said Alberto Bentancur, Head of Growth at dLocal.

About dLocal

dLocal powers local payments in emerging markets connecting global enterprise merchants with billions of emerging market consumers across APAC, the Middle East, Latin America, and Africa. Through the “One dLocal” concept (one direct API, one platform, and one contract), global companies can accept payments, send pay-outs and settle funds globally without the need to manage separate pay-in and pay-out processors, set up numerous local entities, and integrate multiple acquirers and payment methods in each market.  For more information, visit https://www.dlocal.com.

About Cloudbeds

Cloudbeds is the leading platform redefining the concept of PMS for the hospitality industry, serving tens of thousands of properties in more than 150 countries worldwide. Built from the ground up to be masterfully unified and scalable, the award-winning Cloudbeds Platform brings together built-in and integrated solutions that modernize hotel operations, distribution, guest experience, and data & analytics. Founded in 2012, Cloudbeds has been named a top PMS, Hotel Management System and Channel Manager (2021-2025) by Hotel Tech Report, World’s Best Hotel PMS Solutions Provider (2022) by World Travel Awards, and recognized in Deloitte’s Technology Fast 500 in 2024.