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Articles tagged “hotel technology”

Startups

Unyoked Raises $19 Million for Off-Grid Cabin Rental Platform

Unyoked wants companies to offers its off-grid cabin rentals as an employee benefit, and AeroCloud wants to help small airports modernize operations.

Justin Dawes | 1 year ago

Unyoked Raises $19 Million for Off-Grid Cabin Rental Platform

Hotels

IHG Expects Hotel Rates to Stay Strong Thanks to Digital Investments

IHG's hotel rates are higher than in 2019 even though occupancy hasn't recovered. We hear a lot about pent-up demand as a factor, but technology matters more in the long run. Plus, IHG's claim to market-share leadership in China bodes well.

Sean O'Neill | 1 year ago

IHG Expects Hotel Rates to Stay Strong Thanks to Digital Investments

Travel Technology

Sabre Pushes Through Setbacks Toward Positive Recovery

Sabre continues to diversify its business by adding technology products, a good investment as the travel industry slowly but surely changes over the years.

Justin Dawes | 1 year ago

Sabre Pushes Through Setbacks Toward Positive Recovery

News Blog

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. Last year in April, Tek Travels had acquired a 51 percent stake in BookaBed. Headquartered in Switzerland’s Zug, Bookabed is said to be one of the largest online business-to-business booking engine…

Peden Doma Bhutia | 1 year ago

News Blog

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. Announcing its plans to double its portfolio, Oyo on Friday said the demand for premium accommodation options is expected to grow significantly in Indonesia in…

Peden Doma Bhutia | 1 year ago

Travel Technology

Amadeus Execs Offer Glimpse Into Tech Investment Trends for Next Decade

Once travelers have decided to book a trip, they don't want to jump through hoops to pay for it. Travel companies should prioritize ways to making paying as easy as possible.

Justin Dawes | 1 year ago

Amadeus Execs Offer Glimpse Into Tech Investment Trends for Next Decade

News Blog

Business Travel Poses Biggest Challenge Globally for Hoteliers — Survey

Hotels have mixed feelings about business travel in 2023. On one hand the corporate travel and groups segment is the main area of focus for hotel revenue teams this year. But rather than staffing issues, business travel also represents their biggest challenge, according to a new Outlook & Trends 2023 Survey from revenue management software…

Matthew Parsons | 1 year ago

News Blog

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. The online travel agency said the acquisition would help strengthen its hotel channel. "With this, EaseMyTrip is in a great position to give its customers a wide…

Peden Doma Bhutia | 1 year ago

Startups

HotelRunner Raises $6.5 Million for Low-Cost Hospitality Software Offerings

Funding announced this week went to a wide variety of travel tech startups, with involvement in hotels, cruises, messaging, and sustainability.

Justin Dawes | 1 year ago

HotelRunner Raises $6.5 Million for Low-Cost Hospitality Software Offerings

News Blog

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. Led by South Korea-based private equity firm TS Investment, the investors in this round included Industrial Bank of Korea as well as other South Korean investment companies like NAU IB Capital, Square Ventures, K Bridge…

Peden Doma Bhutia | 1 year ago