Berlin-based hospitality brand NUMA Group has raised $59 million in a Series C funding round. The funding was led by Verlinvest and included participation from Cape Capital and existing investors such as Headline, Cherry Ventures, […]
Accor, a global leader in the hospitality industry, is leveraging artificial intelligence (AI) and a joint measurement drive to further reduce food waste. With 5,500 hotels and 10,000 food and beverage venues serving 200 million […]
Cendyn, a leading provider of hotel technology solutions, has acquired WIHP, which specializes in hotel metasearch services and technology. Founded in 1999 and headquartered in Paris, with offices in Miami and Bangkok, WIHP designs, engineers, […]
Lufthansa Innovation Hub, the digital innovation arm of the aviation conglomerate Lufthansa Group, has unveiled an artificial intelligence (AI) assistant aimed at enhancing the hotel booking experience of business travelers. Dubbed Swifty, the technology leverages […]
Vervotech, an India-based technology startup specializing in managing hotel room data and offering innovative solutions for hotel mapping, has been acquired by investment firm Juniper Group, a portfolio of Vela Software, one of the six […]
Travel software and technology solution provider Sabre Corporation, a publicly-traded company based in Southlake, Texas, has acquired Techsembly, a leading hospitality e-commerce provider based in London, with offices in Singapore, Hong Kong, and Pakistan. The […]
HyperGuest, an Israeli-based hospitality technology platform founded in 2020, has reportedly closed a $23 million Series A funding round led by Lightspeed Venture Partners, with participation from Viola Ventures and new investor Thayer Ventures. According […]
In the ever-evolving landscape of hotel amenities, one area where hotels have been hesitant to embrace change is guest access to hotel TVs via HDMI cords or via wireless communication protocols that allow streaming between […]
Thynk, a global provider of advanced technology solutions for data-driven hotel sales and operations management, has announced details on its latest successful round of investment, resulting in $13 million received in Series A funding. Led […]
Mews, a hospitality technology and cloud-based property management system (PMS) provider, has acquired Hotello, a Montreal-headquartered cloud PMS solution for hotel properties. The acquisition will strengthen Mews’s growth strategy in North America, particularly in the […]
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