Guesty, a leading software platform for property management in the short-term rental (STR) and hospitality sector, has announced a Series F funding round of $130 million. The round was spearheaded by KKR, a global investment […]
ASSA ABLOY, a Swedish conglomerate renowned for its comprehensive range of products and services in locks, doors, gates, and entrance automation, has announced a strategic move to bolster its presence in the hospitality sector. The […]
Mews, a leading provider of cloud technology solutions for the hospitality industry, has announced a new funding round of $110 million. This round is led by Kinnevik, with participation from Revaia, Goldman Sachs Alternatives, Notion […]
Hospitality cloud provider Mews has announced the acquisition of Frontdesk Anywhere, a cloud-based hotel management software company based in San Francisco. The acquisition was facilitated by Mews Ventures, marking its third acquisition in North America in […]
Dubai-based Lokalee, an AI-powered content platform for hotels, has secured $5.6 million in pre-series A funding. This financial boost, led by Crown Private Fund and supported by three other strategic investors with backgrounds in hotel […]
Smartpricing, an Italy-based software provider specializing in revenue management for the hotel and apartment sector, has raised $14 million in funding. The round, which included $12 million in equity and $2.5 million in bank credit […]
Stayntouch, a prominent player in the hotel property management systems (PMS) sector, has secured $48 million in a strategic growth equity investment. The financing round was spearheaded by Sixth Street Growth, the technology growth investing […]
Hospitality technology solution provider INTELITY has secured $5 million in strategic growth capital. The funding includes contributions from LLR Partners and SaaS industry veterans Steve Proctor and Tim Stafford. Proctor, who brings over 25 years […]
At the recent AWS re:Invent, Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc., unveiled Amazon One Enterprise, a palm-based identity service designed to enhance organizational security and prevent costly security breaches. This new […]
Virdee, a Texas-based solution provider specializing in guest experience technology and check-in automation for the hospitality industry, has secured $12.4 million in Series A funding. The funding round was led by Moneta Ventures, with contributions […]
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