Nory has raised $16 million in Series A funding to expand the use of artificial intelligence (AI) in the hospitality industry. The company will use the new funding to accelerate its product development and prioritize its international expansion, Nory said in a Wednesday (May 22)...
Airbnb’s first quarter results showed growth in listings and in nights booked. And per management commentary on the conference call, demand for international travel remains robust — enough so that the firm is looking ahead to a “record” summer season, tied to sporting events such as the...
A trip is never just a trip. The end-to-end travel journey spans nearly ever touchpoint across hospitality. And in the landscape of rental property management, the role of technology is becoming paramount. From streamlining operations to optimizing revenue, leveraging centralized platforms to do things like manage guest...
Marriott International saw its revenue per available room (RevPAR) increase 4.2% year-over-year during the first quarter, driven largely by growth in international markets. The hotel chain saw its RevPAR grow 1.5% in the United States and Canada and 11.1% in international markets, according to a Wednesday (May 1) earnings release....
May 08, 2024
A trip is never just a trip. The end-to-end travel journey spans nearly ever touchpoint across hospitality. And in the landscape of rental property management, the role of technology is becoming paramount. From streamlining operations to optimizing revenue, leveraging centralized platforms to do things like manage guest communication at scale and automate task management is providing short-term […]
January 05, 2024
Through the last several months, payment networks, banks and buy now, pay later (BNPL) firms have pointed to the resilience of the U.S. consumer. Consumers have increasingly opened the proverbial...
December 27, 2023
Main Street small and medium-sized businesses (SMBs), which faced challenges during the pandemic and managed to stay afloat, are aiming to stabilize their finances in the current inflationary market conditions....
October 30, 2023
The world of payment processing plays a crucial role in the operations of small- to medium-sized businesses (SMBs). That payment processor landscape, particularly for Main Street SMBs, is “saturated but...
May 24, 2024
The European Union (EU) is currently facing concerns from lobbying groups representing airlines, hotels and retailers regarding Google’s proposed search changes. These groups are urging EU tech regulators to consider their views and not just those of large intermediaries when implementing new tech rules, Reuters reported Friday (May 24). The changes are part of the EU’s Digital Markets Act […]
May 22, 2024
Nory has raised $16 million in Series A funding to expand the use of artificial intelligence (AI) in the hospitality industry. The company will use the new funding to accelerate...
May 01, 2024
Marriott International saw its revenue per available room (RevPAR) increase 4.2% year-over-year during the first quarter, driven largely by growth in international markets. The hotel chain saw its RevPAR grow 1.5% in the...
April 25, 2024
Wyndham Hotels & Resorts is developing a record-high number of rooms amid its anticipation of a healthy summer season. The hotel chain released earnings Thursday (April 25) showing it has...
