Solution Provider News

OTA Insight Raises $80 Million to Grow Its Hotel Business Intelligence Platform

OTA Insight, which has emerged in recent years as a leader in cloud-based hotel business intelligence, has raised $80 million in funding from Spectrum Equity, a growth equity firm focused on internet-enabled software and transformational […]

Solution Provider News

Cendyn and Pegasus to Merge, Forming a Hotel Technology Powerhouse Focused on Guest Personalization and Direct Booking

Hotel technology solution providers Cendyn, an innovator in CRM, sales, and revenue strategy for the hospitality industry, and Pegasus, a provider of hotel booking, revenue and distribution solutions as well as digital marketing services, have entered […]

Solution Provider News

Google Unveils New Feature that Allows Hoteliers to Identify their Sustainability Efforts on Their Search Results Page

Increasingly, in the face of dire warnings that climate change is fast becoming the defining narrative of human health, more companies are taking measures to curb greenhouse gas emissions. Among those companies are major hotel […]

Revenue Management

RoomPriceGenie is Granted a Wish: $2.2 Million in Funding to Grow Its Hotel Pricing Automation Solution

RoomPriceGenie, a hotel technology solution provider that offers pricing automation software for independent hospitality businesses and groups, has secured $2.2 million in funding. Founded in 2017 and entering the market in 2019, RoomPriceGenie reportedly serves […]

Solution Provider News

MyDigitalOffice Expands Its Hotel Budgeting and Forecasting Platform Capabilities with Acquisition of Broadvine

Hotel technology platform provider myDigitalOffice has acquired Raleigh, North Carolina-based Broadvine, a provider of hotel performance planning applications, including the company’s cloud-based budgeting and forecasting platform. Terms of the acquisition were not disclosed. According to […]

Solution Provider News

Cendyn Acquires NextGuest to Expand Its Global Reach in Delivering Hotel CRM and Digital Marketing Solutions

Hotel technology solution provider Cendyn has acquired NextGuest, a New York and Munich-based CRM and digital marketing competitor also serving the hospitality industry. The formal rival companies (NextGuest often came up against Cendyn in competitive situations) will reportedly […]

Solution Provider News

Hotel Technology Startup Virdee Secures $2 Million to Roll Out Its Contactless App, Kiosk and Access Solutions

Austin, Texas-based hotel technology startup Virdee has secured a $2 million seed round financing led by a group of strategic investors, including former La Quinta president, Rajiv Trivedi. Virdee’s technology, including its app, kiosk and appless access […]

Solution Provider News

MCR Acquires Hotel Property Management Solution Provider StayNTouch for $46 Million Following Shiji Group Divestment

MCR, which ranks as the fifth-largest hotel owner-operator in the United States, with a $3.0 billion portfolio of 92 premium-branded hotels, has announced that it will acquire StayNTouch, a popular cloud-based hotel property management system […]