DerbySoft Launches Strategic Partnership with IDeaS
Hotel Speak » Hotel Industry News
by Hotel Speak
1w ago
July 3, 2024—DerbySoft, specialists in high-performance distribution services, announced a new partnership with IDeaS, a SAS company, provider of hospitality revenue management software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types. This partnership integrates IDeaS’ G3 Revenue Management System (RMS) with Property Connector, DerbySoft’s Digital Distribution System, providing connectivity services to individual properties and small chains. G3 RMS provides DerbySoft with scientific pricing, forecasting, and rate availability decisio ..read more
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GrowthCurve Capital Acquires Hotel RMS, Duetto
Hotel Speak » Hotel Industry News
by Duetto
3w ago
San Francisco, CA – June 27, 2024 – Duetto (“Duetto” or the “Company”), a leading provider of revenue management software for the hospitality industry, today announced that it has been acquired by GrowthCurve Capital (“GrowthCurve”). GrowthCurve is acquiring the business from affiliates of Warburg Pincus and other shareholders. Terms of the transaction were not disclosed. Duetto offers innovative solutions that simplify hotel operations and optimize revenue. With a focus on organic product development, data and integrations, Duetto connects disparate systems into a cohesive, efficient platform ..read more
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IDeaS Now Available on the Oracle Hospitality Integration Platform (OHIP)
Hotel Speak » Hotel Industry News
by Hotel Speak
3w ago
London —June 20 2024— IDeaS, a SAS company and provider of hospitality revenue management software and services, today announced that it has integrated with the Oracle Hospitality Integration Platform (OHIP). The partnership seamlessly connects RMS solutions, including IDeaS G3 RMS, with Oracle’s OPERA Cloud platform, accessible through both OHIP and the Oracle Cloud Marketplace – a centralized hub for enterprise applications. Building upon their 25-year legacy of hospitality innovation, IDeaS and Oracle are nearing a milestone of 10,000 shared clients. IDeaS G3 RMS, a system that delivers sci ..read more
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The Access Group Expands in North America with Acquisition of Hotel Tech Specialist SHR Group
Hotel Speak » Hotel Industry News
by Hotel Speak
1M ago
LONDON, June 6 2024 – The Access Group, a $1.3bn+ business management software provider, has added global hotel and casino technology specialist SHR to its expanding AI-powered end-to-end platform for hotels. Access will pair SHR’s capabilities with those of Guestline, a Property Management Software (PMS) with customers across DACH and Europe, which it acquired last year. SHR’s 2,000 hotel customers will join Guestline’s 3,000 properties, with all clients of the enlarged Access Hospitality division benefitting from improved ability to boost efficiency and profitability, with a complete digital ..read more
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Travel Boom Spurs Record Marketing Spending by OTAs in Q1
Hotel Speak » Hotel Industry News
by Hotel Speak
1M ago
The hospitality and travel industry is experiencing a spending surge, with online travel agencies (OTAs) like Expedia Group, Booking Holdings, Airbnb, and Trip.com Group collectively spending a record $4.08 billion on sales and marketing in the first quarter (Q1) of 2024. This 10.6% increase from Q1 2023 really reflects the industry’s aggressive pursuit of consumers eager to travel after pandemic restrictions eased. The fierce competition is evident, particularly between Expedia Group and Booking Holdings, the two largest players. Both companies surpassed $1.6 billion in marketing spend during ..read more
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TravelTech Show data reveals cost and time taken to implement new solutions are biggest challenges for travel technology buyers
Hotel Speak » Hotel Industry News
by Hotel Speak
2M ago
The Gadget Show’s Jason Bradbury and Google’s Susie Vowinkel confirmed as keynote speakers for 2024 edition of TravelTech Show Visitor registration is now open ahead of the show taking place 19-20 June 2024 at ExCeL London With just one month to go until TravelTech Show opens its doors on 19 June, organisers of this year’s show have released further findings from its research, highlighting the challenges felt by buyers. Over a third (34 per cent) stated that both implementation time for new solutions or platforms and balancing budgets in line with the cost of new technology, are their bigges ..read more
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Mews Acquires HS3 Hotelsoftware to Bolster German Expansion
Hotel Speak » Hotel Industry News
by Mews
2M ago
[Detmold, 14 May] Mews, a leader in hospitality technology and cloud-native property management systems (PMS), today announced its acquisition of HS3 Hotelsoftware, the German-founded on-premises property management system. The acquisition bolsters the presence of Mews in Germany, bringing significant market penetration of Mews in the market. The acquisition comes as more hotels adopt cloud technology, where Mews has grown its customer base by 93% as the post-pandemic digitalization in Germany gathers pace. Following its latest funding of $110m, Mews is accelerating its growth with expansion i ..read more
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RMS Cloud Appoints New CEO, Ushering In An Age Of Growth
Hotel Speak » Hotel Industry News
by Hotel Speak
2M ago
Melbourne, 13 May 2024 – RMS Cloud, a leading global provider of property management software, is pleased to announce the appointment of David Murray as Chief Executive Officer, effective June 2024. Bringing a wealth of leadership experience and a track record of success in growing businesses, Murray has previously held key roles at renowned enterprises such as IBM and Amdocs. Joining RMS Cloud after a successful tenure as CEO of Buildxact, a global Software-as-a-Service company, Murray brings a growth mindset backed by proven results to the future of RMS Cloud, which seeks to take its global ..read more
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SHR expands its Global Advisory Board, uniting industry leaders to strengthen innovation in the hospitality industry
Hotel Speak » Hotel Industry News
by Hotel Speak
3M ago
Houston TX, April 25 2024 – Hotel technology specialist SHR has announced the expansion of its Global Advisory Board, strengthening its position as an innovation leader in the hospitality sector. The Global Advisory Board at SHR is a collective of senior executives across the hospitality landscape, chosen for their expertise and deep industry insights. This platform provides a forum for open dialogue on strategic issues, emerging trends, and the development of cutting-edge solutions that enhance guest experiences, streamline operations, and increase profitability for hospitality businesses glo ..read more
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How Hotels Can Improve Employee Onboarding
Hotel Speak » Hotel Industry News
by Hotel Speak
3M ago
In the hospitality sector, retaining employees has always been challenging, especially with the surge in turnover during the pandemic, which hasn’t yet returned to pre-pandemic levels. As a result, there’s a growing demand for swift hiring and robust retention strategies. Fortunately, you can implement several proven approaches to bolster retention, with one standout method being an effective onboarding process. When executed right, onboarding can elevate hospitality retention rates by as much as 50%. It can also enhance engagement and help new hires acclimate to their roles and the new work e ..read more
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