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HB Exclusive: Reeco raises $15M for procure-to-pay platform

Hotel Business

An AI-powered procure-to-pay platform designed for the hospitality industrydesigned with help from a former hotelierhas just received funding that it says will help it continue to make the process easier for hoteliers. Purchasing is one of the most difficult challenges facing hoteliers.

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Agentic AI: The Game-Changer for the Hotel Industry

Revenue Hub

This leap in intelligence is reshaping hotel operations, guest experiences, and revenue optimization in unimaginable ways. This technology bridges the gap between AI-powered automation and human-like problem-solving, enabling hotels to operate more efficiently and intelligently. How Agentic AI is Transforming Hotels 1.

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Travelodge to expand headcount by over 400 this summer

Hotel Owner

Travelodge, one of the UK’s largest hotel chains which operates 579 hotels across the UK, has revealed it is looking to fill over 400 positions across its UK hotels and at its head office in Thame, Oxfordshire. These include roles in health and safety, procurement, IT, HR and customer services.

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The New Frontier of Integrated Welltech for Hotels

Larry Mogelonsky

For hotel technologists, this is the PMS, CRS, POS, IBE, CRM, BI, AI, ML, PCI, as well as financial KPIs to monitor like GOPPAR, GSS or CPOR. The challenge therein that hotels face is straightforward: as one does at home, one will expect at their chosen accommodation. Every industry has its jargon and its acronyms. Why notice?

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CoralTree debuts vacation rental collection

Hotel Business

Among the services provided by the CoralTree Residence Collection are owner relations and renovation services; accounting and financial services; guest/concierge services; front desk and amenity management; maintenance and capital project oversight; marketing; distribution and pricing; housekeeping; asset management; and procurement.

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Travelodge launches new dual-locations student recruitment programme

Hotel Owner

With over 580 hotels across the country, there is a Travelodge close to all “major” UK universities giving students easy access to work close to their place of study during term-time and now the ability to transfer to a Travelodge hotel close to home during the academic holidays.

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Tech-Driven Hospitality Trends to Expect in 2024 and Beyond

Revenue Hub

In fact, the global hotel industry is expected to reach a market value of $870 billion by the end of 2023, with the luxury hotel market estimated at $115.8 But it won’t be business as usual for hotels and hospitality groups that want to stand out as demand climbs.