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 […]
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 […]
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 […]
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, […]
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 […]
Cendyn, a leading provider of hotel technology solutions, has acquired WIHP, which specializes in hotel metasearch services and technology. Founded in 1999 and headquartered in Paris, with offices in Miami and Bangkok, WIHP designs, engineers, […]
Lufthansa Innovation Hub, the digital innovation arm of the aviation conglomerate Lufthansa Group, has unveiled an artificial intelligence (AI) assistant aimed at enhancing the hotel booking experience of business travelers. Dubbed Swifty, the technology leverages […]
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