Myriad ways exist for hosts to build their short-term rental businesses. And if the choices are complex today, just wait for the rush of new vendors and operators seeing gold in them hills.
Given the constraints of today’s labor market — and the speed to onboard new hospitality talent — it’s time to push the envelope when it comes to artificial intelligence, robotics, and automation.
Investment firm 777 Partners hasn't only bought 68 Boeing 737 Max jets for its budget airlines. It has also been rolling up software vendors, competing with other airline tech providers.
Some recent efforts by businesses to go public via mergers with blank check companies have stalled or fizzled. But it's a vote of confidence in Mondee that Travelport's financial sponsors, Elliott Management and Siris Capital, are reportedly putting up money to support the travel tech company in going public.
No one wants to pay ultra-luxe prices and be forced to think about bugs when they’re on vacation. That’s exactly why Valpas hopes it's created a better bug trap to allow guests to have a pest-free stay.
This deal reflects a broader trend of hotel operators and owners seeking tools to analyze their data. The old way of using a mess of spreadsheets became unmanageable during the labor crunch.
We take the pulse of the "adtech" sector, look exclusively at its newest player, and find out how hoteliers and other travel suppliers are approaching online advertising at a time of acute labor shortages and regulatory changes.