Articles tagged “property management system”

Mergers and Acquisitions

Guesty, Short-Term Rental Software Provider, Acquires Rentals United

The short-term rental space is fragmented to the hilt. We'll probably see more channel managers like Rentals United consolidating or seeing their businesses dry up.

Guesty, Short-Term Rental Software Provider, Acquires Rentals United

Travel Technology

MCR-Owned Stayntouch Raises $48 Million

Stayntouch historically has been focused on independent hotels, but now it wants to take on Oracle Hospitality and sign some more big players.

MCR-Owned Stayntouch Raises $48 Million

News Blog

RoomRaccoon Acquires Similar Hotel Tech System iHotelligence

RoomRaccoon, a cloud-based hotel tech system, said this week that it is expanding its presence in Ireland via acquisition. Netherlands-based RoomRaccoon bought iHotelligence, a similar company based in Dublin. Terms were not disclosed. RoomRaccoon’s core products include a property management system, booking engine, channel manager, and payments system geared toward independent hotels with between 10…

News Blog

HotelRunner Makes Third Acquisition to Expand Its Hotel Tech System

HotelRunner, a hotel tech startup, has acquired the point-of-sale software company PayPad.  London-based HotelRunner said Tuesday that it has acquired the Turkey-based company and has rebranded it as HotelRunner POS. HotelRunner said it offers a property management system and a set of other software products meant to help hospitality clients streamline sales, operations, distribution management,…

Travel Technology

Amadeus, Sabre, and Oracle Hospitality Execs Talk Modernizing Hotels

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.

Amadeus, Sabre, and Oracle Hospitality Execs Talk Modernizing Hotels

Short-Term Rentals

Vacation Rental Management Platform Hostaway Raises $175 Million

Hostaway's first major fundraise fits in with its ambition to grow both organically and inorganically. Given the size of the round, it's likely that there is some acquisition in the offing.

Vacation Rental Management Platform Hostaway Raises $175 Million

Startups

Faye Raises $10 Million for Travel Insurance App: Startup Funding Roundup

Faye wants to make travel insurance more accessible, and more startups are raising money to digitize hotel operations.

Faye Raises $10 Million for Travel Insurance App: Startup Funding Roundup

Hotels

Wyndham Is Tapping Oracle Hospitality for Tech at 2,000 More Hotels

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

Wyndham Is Tapping Oracle Hospitality for Tech at 2,000 More Hotels

Travel Technology

Hilton’s Investment in HotelKey Is an Investment in Tech Progress

The proverbial rising tide lifts all boats. In this case, a rising tide is investment in hotel tech companies, and the boats are the greater hospitality industry.

Hilton’s Investment in HotelKey Is an Investment in Tech Progress

Hotels

Hilton Taps HotelKey for Property Management Tech at All Its Hotels

This move by Hilton is significant and shows that the hotel industry is, finally, modernizing its core systems. For HotelKey, it's a remarkable win by a small tech vendor in a competitive space.

Hilton Taps HotelKey for Property Management Tech at All Its Hotels