Articles tagged “hotel technology”

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.

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

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.

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.

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.

Hotels have mixed feelings about business travel in 2023.

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.

In Skift's top stories this week, Sortis Holdings acquires Ace Hotels for $85 million, business travelers seek more conference networking, and GetYourGuide CEO talks reimagining search for travel experiences.

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

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