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OTA Insight books $80M for its hospitality business intelligence tools, used by 55K hotel properties globally

TechCrunch

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. Part of the Series B will be used to continue investing in OTA Insight’s technology stack. . “We

Hotels 224
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Metasearch in Hospitality: an Overview of Hotel Search Engines

Altexsoft

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. The hospitality industry was among those that suffered the most because of the COVID-19 pandemic.

Hotels 119
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Hotel Online Payments: How and Why to Transform Your Payment Process

Altexsoft

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. It works and that’s what matters, right?

Hotels 52
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Sustainable Travel: Opportunities Digital Technology Provides for a Greener Business

Altexsoft

Many travelers and businesses today adopt eco-friendly practices, switch to new fuel and energy sources, and manage their waste. In this post, we explore what digital technology can bring to the table. However, modern digital technologies can play their part as well. Sustainability in hotels and hospitality industry.

Travel 95
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Tour Operator Software: Itinerary Creator, Booking Engine, and Other Handy Technologies

Altexsoft

So, let’s talk about what to look for and how technology can help you with both your tasks at hand and strategic purposes. Besides, a tour operator can own some of the package components, for example, run an airline or hotel. Depending on your business model, you probably fall into one of the main categories of tour operators.

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PMS API Data for Third-Party Apps: How to Become an Integration Partner of Leading PMSs

Altexsoft

That’s why most hotel management systems today are open to partnerships with independent software vendors to easily expand their capabilities and satisfy clients. Mews integration – simple approval and certification Mews is another popular PMS used by over 3,000 hotels, hostels, and vacation rentals, including Accor.

Hotels 52
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2017 Expectations: 5 Areas Where Technology Will Continue to Revolutionize Business Processes

CTOvision

As computing has continued to evolve, so is business changing to leverage the new technologies and new techniques that better computing provides. Technological changes happen so fast that most businesses struggle to keep up, and are forced to adopt a philosophy of innovation and streamlined operations to stay competitive.