hospitality

Canary Raises $50 Million to Deploy AI for Hospitality Industry
Canary Raises $50 Million to Deploy AI for Hospitality Industry
June 14, 2024  |  Investments

Canary Technologies raised $50 million in a Series C funding round to support its deployment of artificial intelligence for the hospitality industry. The company offers...

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Accor Selects Stripe as Primary Payments Partner Globally
Accor Selects Stripe as Primary Payments Partner Globally
June 11, 2024  |  Travel Payments

Hospitality company Accor has selected financial infrastructure platform Stripe as its primary payments partner globally.  After using multiple payment gateways with different providers, Accor is...

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European Retailers Say Google Search Changes Favor Online Aggregators
European Retailers Say Google Search Changes Favor Online Aggregators
May 24, 2024  |  Google

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...

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Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
Nory Raises $16 Million to Expand ‘AI Restaurant Manager’ Product
May 22, 2024  |  Investments

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...

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Airbnb Looks for Acceleration in Summer Travel but Guidance Disappoints  
Airbnb Looks for Acceleration in Summer Travel but Guidance Disappoints  
May 08, 2024  |  Earnings

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 —...

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AI Plays ‘Mr. Fix It’ for Rental Property Management
AI Plays ‘Mr. Fix It’ for Rental Property Management
May 08, 2024  |  artificial intelligence

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...

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Marriott Sees Growth After China Lifts Travel Restrictions
Marriott Sees Growth After China Lifts Travel Restrictions
May 01, 2024  |  Earnings

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...

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Wyndham Expects Consumer Confidence to Fuel Summer Travel
Wyndham Expects Consumer Confidence to Fuel Summer Travel
April 25, 2024  |  Travel Payments

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...

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Instant Payments Fuel Tipping’s Digital Evolution
Instant Payments Fuel Tipping’s Digital Evolution
April 16, 2024  |  Payment Methods

From restaurants to rideshare platforms and hospitality, the rise of digital tipping is reshaping how consumers express gratitude for service. This shift toward digital gratuity...

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