TechCrunch

OCTOBER 25, 2021

Selfbook , a hotel payment software startup, announced today that it has raised $25 million in a Series A round of funding led by Tiger Global Management. ” Selfbook claims that its software gives hotels a way to accept “one-click” payments directly on their websites while eliminating fraud and reducing chargebacks.

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Hotels Travel B2C Fintech 214

TechCrunch

MARCH 8, 2022

Hotel payment software provider Selfbook has completed a $15 million extension of its Series A financing that values the company at $300 million. Hotels can implement its technology, according to Meniri, “with a single line of code” to improve their booking experience directly on their existing reservation systems.

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Hotels Fintech Software Review Technical Review 223

TechCrunch

DECEMBER 2, 2021

Further evidence that travel is rebounding lies in the number of people staying in hotels, and the money going into startups that serve the industry as well as travelers. Hotel Engine is the latest such startup, having just raised $65 million in a Series B round at a $1.3 Image Credits: CEO and Founder Elia Wallen / Hotel Engine.

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Hotels Travel Engineering B2B 208

TechCrunch

NOVEMBER 18, 2021

Now, OTA Insight — a company that builds business intelligence tools for one of the key sectors in that space, hotels — is announcing a round of funding as it too picks up more business on the upswing. And yet after they arrived they could see that a lot of hotels had spaces and were drastically dropping prices.

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Hotels Business Intelligence Tools Tourism 224

The Hustle

DECEMBER 12, 2023

We at the hotel, motel — yet another inn? Major companies — the Hiltons, Marriotts, and Hyatts of the world — are spawning new hotel brands at a rapid pace. But most of the major brands don’t actually own many of their hotels; instead, they rely on franchise models, giving owners the rights to specific brands.

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Hotels Travel Journal Programming 89

TechCrunch

FEBRUARY 7, 2022

We first covered the NUMA Group (then called Cosi) back in 2019 when it raised €5 million for its “full-stack” hospitality alternative to boutique hotels, and then later on when it raised €20 million. NUMA provides boutique hotels, offering around 2,500 units in Berlin, Munich, Rome, Milan, Madrid, Barcelona and Vienna.

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Hotels Technical Review Real Estate Travel 224

Altexsoft

APRIL 20, 2023

When searching for hotel rooms, parents with young children may very much prefer to not have a fireplace or a high floor view, while honeymooners may be willing to pay to have both a fireplace and a view. Many hotels, though, still use an old shopping model. shift to more premium rooms and rates ” even in its early trials with ABS.

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Hotels Airlines Travel Technical Review 111

CIO

OCTOBER 31, 2022

Imagine booking a room at a small, charming, off-the-beaten-path hotel on the Hawaiian island of Kauai using a popular mobile travel app, only to discover that the room is… haunted! But what is not commonly known is that this family-owned hotel once thrived as a busy brothel during the City’s wild Barbary Coast days. Then, at 3 A.M.,

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Hotels Travel Innovation Budget 160

TechCrunch

OCTOBER 14, 2020

With travel and tourism rising across Latin America, Casai , a startup combining Airbnb single unit rentals with hotel room amenities, has raised $23 million to expand its business across Latin America. “I wanted to define a product from a consumer angle,” said Barawid. “I wanted this to exist.”

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Hotels Fractional CTO Real Estate Tourism 246

Altexsoft

OCTOBER 12, 2023

With the right RMS in place, hotels and vacation rentals can optimize room pricing, enhance occupancy rates, and boost overall revenue. What is a revenue management system for hotels? Learn more about hotel revenue management in our video. Revenue management software for hotels is generally flexible.

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Hotels Systems Review System Software Review 52

CIO

NOVEMBER 17, 2023

For IHG Hotels and Resorts, the cloud provides just the right accommodation for business success. Moreover, IHG’s cloud backbone enables it to take advantage of emerging SaaS offerings, such as Speakeasy AI conversational chatbots, and deliver its own IHG Voice Cloud AI service to help guests and reception desk clerks at hundreds of hotels.

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Hotels Generative AI Architecture Travel 306

Battery Ventures

JUNE 25, 2020

We talk to the founder of one of those startups, hotel-software provider Mews*, in this episode of Powered by Battery. Mews’ founder, Czech-born Richard Valtr, comes from a family of hotel operators in Europe and has a far-reaching vision of how hotels can offer better service to customers—through technology.

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Hotels Travel Technology Software 98

Altexsoft

DECEMBER 20, 2021

In this Christmas post, we’ll look into the idea of smart hotels, find out which cutting edge innovations are behind it, and sneak a glance at some of the hospitality industry tech pioneers. What does a smart hotel mean for a guest? The hotel app can be your virtual concierge and provide all sorts of assistance. Watch the news?

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Hotels Trends Travel Sustainability 111

Altexsoft

MARCH 26, 2021

In April 2020, the hotel occupancy in the US dropped to its lowest level ever — the bewildering 24.5 The annual average was roughly 44 percent, which means that more than half of hotel rooms were empty during the whole year. This means a hotel is charged every time the ad is clicked and redirection occurs.

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Hotels Engineering Travel Software Review 119

Altexsoft

MAY 23, 2023

Revenue Per Available Room, or RevPAR, has emerged as a crucial key performance indicator (KPI) for assessing a hotel’s financial well-being and prosperity. This significant metric enables hotel owners to evaluate their property’s performance by considering both occupancy rates and average daily rates (ADR).

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Hotels KPI Artificial Inteligence Strategy 59

Altexsoft

FEBRUARY 21, 2023

Hotel price prediction is a critical aspect of the travel industry, and with the rise of machine learning , it has become more precise and accurate. The key objective behind this task is to set the best booking prices to entice customers and ensure that hotels take full advantage of their business potential.

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Hotels Machine Learning Artificial Inteligence Travel 52

CTOvision

JULY 20, 2015

The first hotel to be completely run by robots opened Friday, July 17th in Japan. The Weird Hotel in Japan where the front desk is staffed by ROBOTS opens (dailymail.co.uk). Japanese equips hotel with dinobots to greet foreigners (vr-zone.com). Japan's robot hotel is for you (pcworld.com). Related articles. Japan's $1.4M

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Hotels VR Marketing Video 116

Altexsoft

JULY 20, 2021

Hotels have been experiencing a surge of direct bookings during the pandemic. Yes, while the overall number of bookings dropped due to COVID-19, hotels’ brand.com websites became the third most popular booking channel , in some cases even surpassing Expedia traffic. Direct booking strategies for hotels. Why is that?

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Hotels Travel Technical Review Media 98

Altexsoft

AUGUST 26, 2020

If you want to sell/advertise hotel rooms, you inevitably stumble over these three technical pitfalls: How do you find hotel room APIs and what kind of providers are out there? How do you find hotel content? How do you map hotel room inventory? How hotel distribution works. Bonus) APIs for hotels.

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Hotels Travel Technical Review Banking 85

Altexsoft

SEPTEMBER 10, 2022

Every now and then, a big hotel brand introduces its own take on the “hotel room of the future”. The Internet of Things (IoT) and machine learning that are powering smart hotel applications are accessible to everyone bold enough to try. What is a smart hotel? IoT hospitality applications. IoT in hospitality use cases.

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Hotels IoT Infrastructure Technical Review 59

Altexsoft

APRIL 8, 2022

But does it mean that hotels must get used to living in the OTAs’ shadow and be content with monstrous fees and rate parity rules? Let’s talk about the many opportunities that rate shopping might bring for a hotel. Hotels, much like retailers, want to know how large or small the demand will be. Not exactly. Demand forecasting.

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Hotels Comparison Travel Systems Review 59

Altexsoft

MARCH 27, 2023

As a hotel revenue manager, one of your key responsibilities is creating a pricing strategy tailored to the property and its market. Many hotels still rely on a fixed pricing strategy that uses a tiered pricing system based on room types. This article explores the concept of open pricing and how it can benefit hotels that implement it.

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Hotels Strategy Tools Technical Review 52

Altexsoft

AUGUST 2, 2021

Today, a hotel concierge is the person whose job is to assist the guest with any request or problem — be it arranging a manicure, an urgent dry cleaning, or a pet walk. So, let’s explore the opportunities to improve customer satisfaction and other benefits concierge software can bring to your hotel. What is a virtual concierge?

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Hotels Software Review Software Technical Review 64

CTOvision

JULY 16, 2020

Researchers have found 142 million personal details from former guests at the MGM Resorts hotels for sale on the Dark Web, evidence that a data leak from the hotel chain […].

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Hotels Research Data 97

Altexsoft

MAY 13, 2021

In 2021, the biggest challenge hotels face is successfully recovering from the COVID-19 impact. Even before the pandemic, when travel was booming, hotels — especially of middle and small sizes — experienced difficulties of another sort. What is a hotel booking engine and how it makes you competitive.

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Hotels Engineering Technical Review How To 69

TechCrunch

OCTOBER 25, 2021

Vendease , an online marketplace that allows restaurants and other food businesses to buy supplies straight from manufacturers and farms, has raised a seed round of $3.2 million, the company confirmed to TechCrunch.

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Hotels Storage Operating System Banking 352

TechCrunch

NOVEMBER 30, 2022

Have you ever looked longingly at the website of a posh hotel or resort and thought, “Man, I wish I could hang out there.”. The six-year-old company gives people the option to purchase day passes to more than 900 hotels and resorts — think Ritz Carlton, Four Seasons, W Hotels, Hyatt Hotels, Fairmont and Westin — around the world.

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Hotels Industry Travel Marketing 246

CIO

MARCH 25, 2024

The ceremony for the inaugural edition of the CSO30 Awards will take place at the IDC CISO Roundtable on May 15 at Dubai’s Jumeirah Mina A’Salam Hotel, June 4 at Riyadh’s Mövenpick Hotel and June 10 at Doha’s Grand Hyatt Hotel & Villas.

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Hotels Conference Leadership Strategy 144

Altexsoft

JULY 17, 2019

When a hotel business grows, its technical capabilities expand, too. Or you keep your boutique hotel small and cozy, but don’t want to miss a chance and make your guest service better, using technologies. What is Hotel Property Management System? Structure of a hotel PMS. Windsurfer CRS interface. Source: Apaleo.

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Hotels Technical Review Systems Review Software Review 85

Altexsoft

NOVEMBER 6, 2020

Today, the share of walk-ins in the hotel industry keeps reducing annually. At the time of global digitalization, 75 percent of all hotel bookings are made online. Among that, 40 percent of the reservations are made via Booking.com, 32 percent — via other aggregators, and 21 percent — through a hotel’s website.

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Hotels Systems Review Software Review System 76

Altexsoft

MARCH 30, 2022

Upselling and cross-selling provide hotel owners and managers with the ability to drive greater profit from the same guest by timely offering valuable services. This post aims at explaining the key hotel upselling and cross-selling strategies, ways to digitize them effectively, and examples of existing software serving that purpose.

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Hotels Tools Strategy Off-The-Shelf 59

CIO

JANUARY 9, 2024

Achieving and sustaining compliance with the Payment Card Industry Data Security Standard (PCI DSS) is a daunting challenge for hotels because they handle many complex payment business cases. In the hospitality industry, hotels are either corporate or franchise entities. Many hotels use Opera PMS, Sihot PMS or some Cloud PMS.

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Hotels Technical Review Compliance Systems Review 219

Altexsoft

FEBRUARY 23, 2021

Where does hotel revenue come from? Obviously, the main source is room reservations, but a lot of hotels offer additional services, sell tours, rent out meeting rooms for corporate clients, and have bars, restaurants, spas, gift shops, and other additional profit streams — or points of sale. Hotel POS system key features.

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Hotels System Hardware Mobile 64

Altexsoft

MARCH 24, 2022

Let’s be honest, for many hotels, payment functionality is not a priority. But if you work in the hospitality business, you must have noticed that the way people book and pay for hotels has changed, especially since the start of the pandemic. Hotel payments challenges. These common problems stall many hotels’ transformations.

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Hotels B2B Technical Review Travel 52

Altexsoft

MARCH 7, 2022

So, hotel selling became a messy business that leaves many of its players unsatisfied. Learn more about the complex politics of hotel-OTA relationships in this video. In recent years, a few startups have sprung up to disrupt hotel distribution. The current state of hotel distribution and its challenges.

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Hotels Industry Travel Technical Review 52

TechCrunch

OCTOBER 31, 2023

In September, MGM Resorts was hit by a devastating ransomware attack, downing operations at some of its most iconic casino hotels in Las Vegas, including the Bellagio, Mandalay Bay and the Cosmopolitan. The […] © 2023 TechCrunch.

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Hotels System Government 249

Altexsoft

MARCH 12, 2021

How long does it take an average traveler to pick up a hotel? We stayed at this hotel for five days” is neutral, “I liked staying here” is positive, and. “I I disliked the hotel” is negative. First, you have to gather real reviews left by hotel guests. For example, we can say that a comments like. “We

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Hotels Technical Review Travel Analysis 64