AI Trading Bots: How Automation is Reshaping Hotel Financial Strategies
The hospitality industry faces a complex and competitive landscape. Hotel revenue managers must optimize pricing and inventory across multiple distribution channels while reacting to constant demand fluctuations. This challenging environment has led many hotels to embrace automation and AI to enhance financial performance. In particular, algorithmic trading bots are transforming hotel revenue management strategies. By […]
An Unpredictable Market With Silver Linings: Hotel Performance In 2024
Rising costs, changing booking trends, good leaders, and even the weather…are just some of the things that have influenced the performance of hotels so far this year. So what are hoteliers doing to remain competitive in this climate, and what opportunities and challenges are they facing in the road ahead? In September 2024, I gathered […]
Mews Raises $100 million in New Financing from Vista Credit Partners
[New York, 26th September 2024]: Mews, the industry-leading hospitality cloud, today announced $100 million in financing from Vista Credit Partners, the subsidiary of Vista Equity Partners and a strategic credit and financing partner focused on the enterprise software, data and technology markets. As cloud adoption accelerates across the $15.5 trillion global travel and tourism industry, the new financing will expedite Mews’ growth […]
Cloudbeds appoints Marta Perez to spearhead sales growth in the Americas
San Diego, CA – Cloudbeds, the innovative leader in hospitality management technology, has appointed former SiteMinder and Triptease executive Marta Perez as its new Senior Director of Sales to spearhead its growth strategy across key markets. Based in New York, Perez will oversee Cloudbeds’ sales strategies in North and Latin America, as the company expands […]