Nuitee Raises $48 Million to Expand Its Travel and Hotel …
Dec 19, 2024 · Technology solution provider Nuitee has raised $48 million in a Series A funding round led by Accel. Founded in 2017, Nuitee has rapidly become a global infrastructure provider for the travel and hotel industry, simplifying the fragmented and complex web of suppliers, hotels, and third-party distributors into a single, user-friendly API.
Hotel Engine Secures $140 Million Investment to Expand Its …
Denver-based travel technology company Hotel Engine has announced a $140 million Series C funding round led by Permira Growth Opportunities II, a fund advised by global private equity firm Permira. This investment values the company at a whopping $2.1 billion, a big increase from its previous valuation of $1.3 billion in 2021.
Lighthouse Charts a Course for Global Expansion and Hotel …
Hotel technology solution provider Lighthouse has reportedly secure a $370 million growth investment from global investment firm KKR. This funding, deployed through KKR’s Next Generation Technology III Fund, marks a substantial boost for Lighthouse and underscores the increasing investor interest in the growing hospitality technology sector.
How Technology will Transform the Travel and Hospitality …
In 2025, the adage “experience is king ” will be truer than ever, with experiential travel taking center stage. Leading travel and hospitality brands will continue to prioritize exceptional customer experiences, as travelers seek personalized, immersive journeys …
How Hotels Can Harness the Power of AI to Embrace the Future of …
Improve operational efficiency: Streamline processes, optimize resource allocation, and reduce costs. Personalize guest experiences: Deliver tailored recommendations, automate communication, and create seamless digital interactions. Address real-world challenges: Implement preventive maintenance, enhance security, and promote sustainability. As the hospitality industry continues to evolve, AI ...
Research: More than Half of Travelers Abandon the Online …
[ ] Marriott Embraces Alexa for Hospitality as Amazon Turns Its Attention to Hotels Guest Experience Management [ ] How AI is Transforming Hotel Wellness Facilities and Improving Staff Operations Across All Stages of the Guest Journey Viewpoints [ ] LuxUrban Among Hotels Pioneering Digital Currency Payment Integration in the Hospitality Sector Hotel Technology News
How Smart Hotels Leverage IoT Tech to Optimize Energy …
Dec 9, 2024 · As sustainability becomes a key metric for customers and governments alike, the hospitality industry is entering a transformative period. Increasing regulatory demands from cities and states, focused on reducing energy consumption and carbon emissions, have put added pressure on hotels and similar establishments to adapt quickly.
Lighthouse Launches Smart Compset, Enhancing Competitive …
Sep 17, 2024 · [ ] Marriott Embraces Alexa for Hospitality as Amazon Turns Its Attention to Hotels Guest Experience Management [ ] Reeco Secures $15 Million for Its Procure-to-Pay Platform for the Hotel Industry Solution Provider News [ ] Cogwheel Marketing & Analytics To Be Honored by HSMAI with Top Award for Hotel Search Marketing Strategy Announcement
Research: More than Three-Quarters of Guests Will Stay at Hotels …
A new research study highlights the importance of hotel technology in enhancing the guest experience. Four out of five working Americans expressed a willingness to work remotely from their hotel, with preferences varying from the comfort of their hotel room (69%) to more social settings like the hotel pool or spa (25%) and hotel bar or restaurant (25%).
Mews Secures $110 Million in Latest Funding Round to Fuel Global ...
Mews, a leading provider of cloud technology solutions for the hospitality industry, has announced a new funding round of $110 million.This round is led by Kinnevik, with participation from Revaia, Goldman Sachs Alternatives, Notion Capital, and new investor LGVP, bringing the company’s valuation to $1.2 billion.