hospitality industry

Spreedly Enables Mobile Wallet Transactions on Olo’s Hospitality Platform
Spreedly Enables Mobile Wallet Transactions on Olo’s Hospitality Platform
April 11, 2024  |  ResTech

Olo has selected Spreedly to enable mobile wallet transactions for restaurants that use Olo’s software-as-a-service (SaaS) platform for the hospitality industry. Spreedly’s open payments platform will enable the...

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Private Equity Firm TPG Enters Vacation Rental Market in Florida
Private Equity Firm TPG Enters Vacation Rental Market in Florida
November 07, 2023  |  Real Estate

Private-equity firm TPG has made a significant move into the vacation rental market by acquiring single-family homes in Florida and offering them for nightly rentals...

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TravelNet Solutions Adds Payment Processing to Property Management System
TravelNet Solutions Adds Payment Processing to Property Management System
October 22, 2023  |  Travel Payments

TravelNet Solutions has unveiled enhancements and extensions to its flagship product for the short-term rental industry, Track Property Management System. These new features include Payments, Reviews Management...

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Global Travel Propels MGM Resorts’ Q2 Revenue
Global Travel Propels MGM Resorts’ Q2 Revenue
August 02, 2023  |  Earnings

MGM Resorts reported Wednesday (Aug. 2) a second-quarter revenue of $3.94 billion, representing a 21% year-over-year increase. The company also beat Wall Street’s consensus estimate...

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Marriott Q2: Sharp Rebound in International Travel Drives Boost in Global Lodging Demand
Marriott Q2: Sharp Rebound in International Travel Drives Boost in Global Lodging Demand
August 01, 2023  |  Earnings

Betting on a sharp rebound in international travel following the pandemic, Marriott International posted strong second quarter (Q2) earnings on Tuesday (Aug. 1), beating analysts’...

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Hotel Equities Partners With Grazzy and Visa Direct for Digital Tipping
Hotel Equities Partners With Grazzy and Visa Direct for Digital Tipping
July 11, 2023  |  Travel Payments

Hotel Equities has launched a digital tipping platform powered by Grazzy and Visa Direct. The platform provides guests staying at any of the firm’s hotels with a...

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PYMNTS Intelligence: Leveraging Automation Technology to Mitigate Hospitality Labor Shortages
PYMNTS Intelligence: Leveraging Automation Technology to Mitigate Hospitality Labor Shortages
May 15, 2023  |  Technology

The hospitality industry has been experiencing staffing shortages across the board in recent years, with both hotels and restaurants feeling the squeeze. The industry has...

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Automation Steps In to Fill Hospitality Service Staff Shortages
Automation Steps In to Fill Hospitality Service Staff Shortages
May 11, 2023  |  Technology

The pandemic had a massive ripple effect on jobs throughout the hospitality industry. Travel restrictions and social distancing brought business and recreational travel to a...

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Small Businesses Slow Hiring Amid Uncertain Consumer Demand
Small Businesses Slow Hiring Amid Uncertain Consumer Demand
April 05, 2023  |  Economy

Main Street businesses are pulling back on hiring. Preparing, perhaps, for the impact of a pullback in consumer spending that’s already in motion. The logic...

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