Hotel technology tips

South Korean Hospitality Tech Firm Onda Raises $10 Million - skift.com - South Korea - North Korea
skift.com
25.08.2023

South Korean Hospitality Tech Firm Onda Raises $10 Million

South Korean hospitality tech company Onda, announced on Thursday that it has raised $10 million in its Series-B funding round.

: How Rotana is Breaking Down Silos for a Seamless Guest Experience - breakingtravelnews.com
breakingtravelnews.com
03.10.2023

: How Rotana is Breaking Down Silos for a Seamless Guest Experience

In a dynamic world where technology is rapidly advancing, the hospitality industry is at the precipice of a transformative era. Embracing innovative technologies promises to elevate guest experiences, empower hospitality employees, and streamline operations. Rotana, one of the leading hotel management companies in the region with hotels across the Middle East, Africa, Eastern Europe and Türkiye ,  has recognized the potential of technology and is at the forefront of this revolution. In a recent interview with Thynk.Cloud, Guy Hutchinson, President and CEO of Rotana, sheds light on the future of hospitality and emphasizes the need to break down silos to fully harness the benefits of technology.

Hotels Are Still Too Slow to Adopt Tech Post-Pandemic - skift.com
skift.com
25.08.2023

Hotels Are Still Too Slow to Adopt Tech Post-Pandemic

Before the pandemic hit, hotels had spent roughly 2.5 percent of revenue on new technologies. The size of that investment dropped during the pandemic.

Hotel Tech Company Sceptre Hospitality Resources Acquires Booking Engine - skift.com - Ireland - Houston
skift.com
25.08.2023

Hotel Tech Company Sceptre Hospitality Resources Acquires Booking Engine

A U.S. hotel tech company with equity backing has acquired a booking engine based in Ireland. 

Travel Tech Investment Is on Unstable Ground: Here's What Industry Pros Say - skift.com - city Venture
skift.com
25.08.2023

Travel Tech Investment Is on Unstable Ground: Here's What Industry Pros Say

Opinions vary widely about the state of investment in the travel tech startup world during this uncertain economic time, but one thing is for sure: it’s changing.

Marriott and Other Hotel Brands Start 2023 With New Tech Partnerships - skift.com - state Tennessee - Canada - city Beijing
skift.com
25.08.2023

Marriott and Other Hotel Brands Start 2023 With New Tech Partnerships

Several big-name hotel companies have entered 2023 with tech partnerships to modernize operations and services. 

Revenue-Hungry Hotels to Tech Startups: We Are All Ears - skift.com
skift.com
25.08.2023

Revenue-Hungry Hotels to Tech Startups: We Are All Ears

Before the pandemic, the tech startup ResortPass had partnered with a little more than 100 hotels, offering a software platform that can book guests for day use of their amenities. 

RateGain Acquires Travel Martech Firm Adara for Mere $16 Million - skift.com - Germany - city Chicago - India
skift.com
25.08.2023

RateGain Acquires Travel Martech Firm Adara for Mere $16 Million

India-headquartered travel tech firm RateGain Travel Technologies is acquiring Adara, a Silicon Valley-based firm in travel martech and predictive consumer intelligence. The cost: a mere $16.1 million, according to RateGain’s filing on the Indian stock market, which puts Adara, long troubled with management and competition issues for the last few years, out of its misery.

Pandemic Truce Between Hotel Owners and Operators Is Tested by Recovery - skift.com
skift.com
25.08.2023

Pandemic Truce Between Hotel Owners and Operators Is Tested by Recovery

The relationship between the owners and operators of hotels has traditionally been fraught because the two sides often have goals and philosophies that don’t fully overlap. The pandemic forced operators to align closely with operators in a battle to survive the plunge in demand. Working closely together, ties between the two sides warmed up. The post-pandemic boom in demand has boosted moods, too.

Private Equity-Backed Cendyn Names New CEO to Lead Hotel Tech Company - skift.com - state Florida - India - county Pacific
skift.com
25.08.2023

Private Equity-Backed Cendyn Names New CEO to Lead Hotel Tech Company

Cendyn, a software company that offers customer relationship management, digital marketing, and operations tools to hotels, has hired a new chief executive. 

Oyo Still Keen to Pursue IPO Setting Mid-February Deadline for Refiling - skift.com - India
skift.com
25.08.2023

Oyo Still Keen to Pursue IPO Setting Mid-February Deadline for Refiling

Keen to pursue its long-anticipated initial public offering (IPO), hospitality tech company Oyo has said it would be refiling its draft red herring prospectus with the Indian stock market regulator Securities Exchange Board of India (SEBI) by mid-February.

India’s EaseMyTrip Acquires Majority Stake in Hotel Booking Marketplace CheQin - skift.com - India - city Aviation
skift.com
25.08.2023

India’s EaseMyTrip Acquires Majority Stake in Hotel Booking Marketplace CheQin

Indian online travel agency EaseMyTrip announced this week that it has acquired a 55 percent stake in hotel booking marketplace cheQin, owned by Gleego Innovations, for around $370,000.

Amadeus Execs Offer Glimpse Into Tech Investment Trends for Next Decade - skift.com
skift.com
25.08.2023

Amadeus Execs Offer Glimpse Into Tech Investment Trends for Next Decade

Travelers across the board want a future where technology makes payments easy and seamless. 

IHG Expects Hotel Rates to Stay Strong Thanks to Digital Investments - skift.com - Britain - China - county Windsor
skift.com
25.08.2023

IHG Expects Hotel Rates to Stay Strong Thanks to Digital Investments

For InterContinental Hotels Group (IHG), soaring hotel rates owing to a post-pandemic surge in pent-up demand for travel have been a boon after the pandemic bludgeoned the travel sector. But IHG Hotels & Resorts said its pricing power would last beyond the present moment thanks partly to its investments in digital technology. The company also anticipated future growth as China, the world’s second-largest economy, reopens.

Oyo Plans to Double Premium Hotel Count in Indonesia to 400 - skift.com - India - Indonesia
skift.com
25.08.2023

Oyo Plans to Double Premium Hotel Count in Indonesia to 400

Oyo, the India-based budget hotel chain and booking platform, plans to double its premium segment hotel count in Indonesia from around 200 properties to over 400 by the end of 2023.

India's TBO.com Fully Acquires Accommodation Wholesaler BookaBed - skift.com - Switzerland - Ireland - Britain - India
skift.com
25.08.2023

India's TBO.com Fully Acquires Accommodation Wholesaler BookaBed

Tek Travels, a wholly-owned subsidiary of Indian travel distribution platform TBO.com, has fully acquired BookaBed, a business-to-business (B2B) accommodation wholesaler for an undisclosed amount.

Amadeus Rides Heavy North America Travel Back to an Annual Profit - skift.com - Spain - Russia - county Pacific
skift.com
25.08.2023

Amadeus Rides Heavy North America Travel Back to an Annual Profit

Amadeus has achieved its first year of profit since the pandemic. 

Holograms at Front Desk Replace People at Aiden by Best Western - skift.com - Denmark - city Oslo
skift.com
25.08.2023

Holograms at Front Desk Replace People at Aiden by Best Western

CIC Hospitality is opening 30 boutique Aiden by Best Western hotels in Scandinavia, but they won’t come with staff in the flesh and blood standing at the front desk. 

Cloudbeds CEO on Travel Startup Funding and M&A Environment - skift.com
skift.com
25.08.2023

Cloudbeds CEO on Travel Startup Funding and M&A Environment

Adam Harris, the CEO of hotel management software company Cloudbeds, has a great no-nonsense grasp of the macro – and micro – environment in the startup fundraising world, a fact that I learned in a few back and forth LinkedIn messages and subsequent calls between us gossiping about the travel tech startups that were raising money or got sold for pennies on the dollar in the last few months.

Oracle Hospitality Wants to Bring More Hotels Into the Cloud - skift.com
skift.com
25.08.2023

Oracle Hospitality Wants to Bring More Hotels Into the Cloud

The hotel industry finally wants to modernize the tech systems it uses to operate. And Oracle Hospitality — which has sold much of the older tech that’s still being used today — is focused on making that shift happen. 

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