Since the onset of the pandemic, the short-term rental (STR) industry has grown exponentially, with travelers spending more than $200 billion on STR accommodations in 2021 alone. As the ways consumers choose to live, work, […]
Travel software and technology provider Sabre Corporation has acquired Nuvola, a prominent provider of hotel service optimization and guest engagement software to hoteliers worldwide. The transaction includes Nuvola technology and guest enablement software as well […]
Group booking platform provider Groups360 has completed a $35 million funding round led by Zigg Capital and including Blackstone Innovations Investments, and Fir Tree Partners. These firms join a group of existing investors comprised of […]
Hotel technology solution provider Nonius has acquired technology provider Criton, which ranks as the UK’s largest provider of guest apps for independent hotels. According to a press statement, the combination of Criton with GuestU, Nonius’s […]
Hotel payment software Selfbook, which offers a secure and unified payment experience for hoteliers, has completed a $15 million extension of its Series A financing. The startup bills itself a comprehensive transaction engine “transforming the […]
Hotel technology solution provider Canary Technologies has raised $15 million in Series A funding led by F-Prime Capital (the global venture capital firm affiliated with FMR, LLC, the parent company of Fidelity Investments), with participation […]
The Germany-based digital hotel operator and technology developer NUMA Group, previously known as COSI Group, has raised $45 million growth capital in a new funding round to further expand its business. The company provides disruptive […]
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 have closed their […]
Travel technology solution provider Hotel Engine has reportedly raised $65 million in a Series B round at a $1.3 billion valuation, which is nearly nine times higher than the $150 million valuation the Denver-based startup […]
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 […]
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