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80% of hosts are rejecting property management companies, report reveals
Reading Time: 2 minutesThe company’s new report shows that hosts are relying less on PMCs
Mews secures $75m to expand in US
Reading Time: < 1 minuteUS: Hospitality technology platform Mews has raised $75 million in a funding round led by Tiger Global, with participation from existing investors Kinnevik, Battery Ventures and Growth Equity at Goldman Sachs Alternatives.
Forge Holiday Group expands tech team
Reading Time: 2 minutesUK: Short stay specialist group Forge Holiday Group has appointed two directors to develop its technological capabilities and accelerate the adoption of AI-powered technologies at its brands.
The future of guest communication: How Dharma is leading the way
Reading Time: 4 minutes[SPONSORED] Hospitality tech solution company Dharma addresses the future of guest communication and how it is driving enhanced guest satisfaction and operational efficiency through its suite of products.
Thayer Ventures and Derive Ventures combine for new platform
Reading Time: 2 minutesUS: Prominent early-stage venture capital firms Thayer Ventures and Derive Ventures have combined to form a new platform called Thayer Investment Partners [TIP].
Forge Holiday Group to invest £150m in platform development
Reading Time: 2 minutesUK: Short stay specialist group Forge Holiday Group, the parent brand of Sykes Cottages and Forest Holidays, is set to invest more than £150 million developing its UK portfolio, technology platform, customer experiences and owner services over the next three years.
TravelNet increases investment in Track PMS to spur innovation
Reading Time: 2 minutesUS: Vacation rental technology provider TravelNet Solutions has significantly increased the product and engineering resources committed to its core property management system Track – by three times.
Qstay closes $4.6m pre-Series A funding round
Reading Time: < 1 minuteUAE: Dubai-based tech-driven hospitality brand and rental investment property management platform, Qstay, has raised $4.6 million in a pre-Series A funding round.
Riding out a market correction: Buckle up or buckle down?
Reading Time: 4 minutes[SPONSORED CONTENT] Track – a TravelNet Solution, a hospitality software solution that modernises and simplifies all aspects of property management operations, discusses the current market correction phase in the STR market and the ways in which property managers and owners can respond to it.
Abode Worldwide releases STR Tech Index
Reading Time: 2 minutesUK: Abode Worldwide, a public relations firm at the forefront of hospitality and lodging, has released its inaugural Short-Term Rental Tech Index, which is described as the most comprehensive guide to the tech tools shaping the sector to date.