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 […]
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 […]
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 […]
Hotel technology startup Jurny has secured $9.5 million in investment funding. The funding round was led by the Santa Monica venture firm Mucker Capital, with Okapi Venture Capital and SaaS Ventures also participating. According to […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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