Articles tagged “oracle”

This the second major hotel software system that Hyatt is shifting to the cloud as it moves toward the industry-wide goal of modernizing its tech.

Wyndham said its RevPAR (that's hotel-speak for "how much money we make per room") might be flat this year, but its EBITDA (that's finance-speak for "profits, kinda") was still looking good. The hotel franchisor partly chalked that up to an improved tech game that has helped it boost margins.

Oracle Hospitality has transferred thousands of hotels to its new tech system, and there are thousands more in the pipeline.

Today's podcast looks at Alaska's huge financial hit, Oracle's new hotel tech, and IHG's Americas ambitions.

One of the largest players in hotel tech is selling what it says is a simplified system for hotel tech operations, days after a newer player said it's entering the sector with a similar plan.

The hospitality arms of Amadeus, Sabre, and Oracle are all focused on bringing hotels into the 21st century. There's a lot of catching up to do.

Another hotel brand announcing mass adoption of a cloud-based property management system. Who's next?

It is mind boggling to think about how needlessly difficult hoteliers' jobs can be because of old technology. The hotel industry is definitely late to make an upgrade, but better late than never.

Surprise! Sabre has been shopping around its non-core unit that helps hoteliers handle reservations, sources said. A sale might be good for the hospitality business by giving it a home that could further support its growth.

An asset sale is unlikely. It would involve Sabre unnecessarily throwing in the towel on its diversification strategy. Yet stranger things have happened, and Oracle Hospitality could fill gaps in its offerings by acquiring the tech.