Davidson Hospitality Group has selected eTip as a digital tipping partner. The hospitality management company aims to use the digital tipping and financial benefits platform to create value across its operations, the companies said in a Monday (Feb. 12) press release. “We are excited to leverage innovative technology that...
Bain Capital and Smith Hill Capital have formed a joint venture aimed at serving the finance needs of companies and assets in the hospitality sector. With a goal of deploying $1 billion of capital over the next few years, this partnership seeks to serve high-performing, growth-oriented hospitality borrowers,...
Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth of shares. The company is in talks with banks to lead the sale, Reuters reported Monday (Sept. 18), citing unnamed sources....
Amadeus has agreed to acquire TravelClick for $1.52 billion. New York City-based TravelClick is a global hospitality provider serving more than 25,000 customers across 176 countries. It provides innovative cloud-based solutions, including an independent and mid-size hotel Central Reservation System (CRS) and Guest Management Solution...
February 21, 2024
Smaller restaurant brands are increasingly adopting digital solutions to optimize their operations. Restaurant technology provider Olo reported Wednesday (Feb. 21) that the “emerging enterprise segment,” which it defines as brands with five to 99 locations, has become a “meaningful contributor” to the company’s growth. “Emerging enterprise has become a meaningful contributor to location count since we’ve doubled […]
February 12, 2024
Davidson Hospitality Group has selected eTip as a digital tipping partner. The hospitality management company aims to use the digital tipping and financial benefits platform to create value across its operations, the companies...
October 25, 2023
Bain Capital and Smith Hill Capital have formed a joint venture aimed at serving the finance needs of companies and assets in the hospitality sector. With a goal of deploying $1 billion of...
September 18, 2023
Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth of shares. The company is...
