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Thynk wants to upgrade hotel stays with a vertical software platform

TechCrunch

For instance, in the hospitality industry, Amenitiz focuses exclusively on independent hotels and B&Bs. When I was thinking about starting a company again, I scanned the market and looked at different verticals to find a company that could reach $500 million in [annual recurring revenue],” co-founder and CEO Pascal Petit told me.

Hotels 189
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Kayak co-leads Life House’s $60M Series C to ‘reimagine’ the hotel experience

TechCrunch

Life House , a boutique hotel brand that has built software aimed at helping independent hotel owners and operators, has raised $60 million in a Series C round of funding co-led by new investors Kayak and Inovia Capital. Rami Zeidan started Life House after nearly a decade of working in different areas of the hotel industry.

Hotels 220
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Amenitiz wants to upgrade the tech stack of independent hotels

TechCrunch

In more technical terms, Amenitiz has been building a vertical software-as-a-service product that combines everything you need to run a hotel. In particular, Amenitiz takes care of three important bricks in the hotel industry — it’s a property management system, it acts a channel manager and it let you accept direct bookings more easily.

Hotels 199
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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. And yet after they arrived they could see that a lot of hotels had spaces and were drastically dropping prices.

Hotels 224
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Boutique hotel tech platform NUMA raises $45M growth financing round led by DN Capital

TechCrunch

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.

Hotels 224
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IHG maximizes hospitality with multicloud

CIO

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.

Hotels 331
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Revenue Management Systems for Hotels: Products and Features

Altexsoft

With the right RMS in place, hotels and vacation rentals can optimize room pricing, enhance occupancy rates, and boost overall revenue. From analyzing real-time data to making forecasts about future trends, these systems provide functionality for staying ahead in a dynamic hospitality market. Scalable solutions for different needs.

Hotels 52