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 […]
Beekeeper, which offers a communication and operations platform designed specifically for frontline workers in hospitality and other industries, has secured a $10 million extension on its series B funding round, bringing the total to $60 […]
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 […]
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 […]
While a definitive end to this crisis has not yet crystallized, all hoteliers must still prepare for this eventuality. The new normal for hospitality once travel restrictions are lifted will look starkly different than what […]
With the hospitality industry left spinning in the wake of the COVID-19 lockdowns, it is hardly the time to throw in the towel. Rather, and not to soften the severity of the crisis in any […]
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 […]
Hotel upselling solution platform provider Oaky has closed a $9.5 million Series A financing round, the company announced today. The funding was led by PeakSpan Capital, a growth-stage investment firm focused on the B2B software […]
Hotel technology solution provider Impala is going for the gold. After having raised $11 million in Series A funding just a few months ago, the London-based startup has secured another round: this time, a $20 […]
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