Solution Provider News

Smartpricing Raises $14 Million for Its Hotel Revenue Management Software

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 […]

Solution Provider News

Stayntouch Lands $48 Million Investment to Enhance Its Hotel Technology Solutions and Grow Its Market Presence

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 […]

Solution Provider News

Amazon One Enterprise’s Palm Recognition Technology is Poised to Change the Game for Hotel Access Control

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 […]

Solution Provider News

Virdee Secures $12.4 Million to Expand Its Hotel Check-In Automation and Guest Experience Management Capabilities

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 […]

Solution Provider News

Mews Expands Its Hotel Technology Portfolio with Latest Acquisition

Hospitality technology solution provider Mews has acquired Nomi Travel, a Nashville-based hospitality startup, as part of its mission to improve the quality of the hotel  guest experiences. The acquisition, completed earlier this month, was managed […]

Solution Provider News

MeetingPackage Secures $4.6 Million to Expand Its Hotel Meetings and Events Booking Solution Into North America

MeetingPackage, an all-in-one sales automation software specializing in venue and group bookings, has successfully secured a $4.6 million Series A funding round led by Scale Capital. The additional funding will reportedly be utilized to expedite […]

Solution Provider News

NUMA Group’s Digital Hospitality Experience Attracts $59 Million Investment

Berlin-based hospitality brand NUMA Group has raised $59 million in a Series C funding round. The funding was led by Verlinvest and included participation from Cape Capital and existing investors such as Headline, Cherry Ventures, […]

Solution Provider News

Global Hotel Companies Are Deploying AI Technologies to Reduce Food Waste

Accor, a global leader in the hospitality industry, is leveraging artificial intelligence (AI) and a joint measurement drive to further reduce food waste. With 5,500 hotels and 10,000 food and beverage venues serving 200 million […]