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 […]

Solution Provider News

Hotelogix Merges with AxisRooms and RepUp to Form Integrated Hotel Tech Platform for Operations, Distribution, Reputation and Marketing Automation

When it comes to consolidation of hotel technology solution providers, the whole may be larger than the sum of its parts, especially in these challenging times. That’s clearly the hope of Hotelogix, which offers a popular […]

Solution Provider News

Akia Secures New Funding Round to Grow Its Hotel Messaging Platform

Menlo Park-based startup Akia has secured a new round of funding from GSR Ventures, an early-stage venture capital firm with more than $3 billion under management. Akia, which is focused on transforming the way hotels […]

Solution Provider News

React Mobile Secures $6 Million Through Strategic Partnership to Expand Its Hotel Safety Solutions and Reach New Markets

Hospitality technology solution provider React Mobile has raised $6 million in funding through a new strategic partnership with publicly traded Brady Corporation. Founded in 2013, React Mobile is a global leader in providing panic button […]

Property Management Systems

Cloudbeds Raises $82 Million for Its All-In-One Hospitality Management Platform

Hospitality management solution provider Cloudbeds secured a series C minority investment of $82 million, led by Viking Global Investors with participation from PeakSpan Capital, Recruit Co., Ltd., Counterpart Ventures, and Cultivation Capital. Last month, PeakSpan […]