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 two companies’ mutual customers to offer their guests mobile wallet and third-party checkout options, including PayPal and Venmo, the companies...
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 similar to Airbnb. Unlike other private-equity firms and institutional investors, TPG has opted for short-term rentals instead of longer lease...
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 and Distribution Engine tools, the Minnesota-based software solutions provider said in a Sunday (Oct. 22) press release. Track Payments, a new...
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 of $3.82 billion, with earnings per share of 55 cents per share. The company said its performance was driven by near-record second-quarter...
May 11, 2023
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 standstill. The industry has been slow to recover, partly due to Zoom and other teleconferencing services supplanting many forms of business travel. Hotels laid off and furloughed employees in record […]
April 05, 2017
Actors are always on the hunt for their next big break, but until then, many find themselves on the hunt for gigs in the hospitality industry. Whether its tending bar...
April 11, 2024
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 two companies’ mutual customers to offer their guests mobile wallet and third-party checkout options, including PayPal and Venmo, the companies said in a Thursday (April 11) press release. “By integrating […]
November 07, 2023
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 similar to Airbnb. Unlike other...
October 22, 2023
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 and Distribution Engine tools, the...
August 02, 2023
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 of $3.82 billion, with earnings...
