STAAH’s Travel Agent & Corporate Travel (TACT) module is transforming the hospitality industry by simplifying and streamlining hotel bookings for travel agents and corporate clients. With real-time availability, unique URLs, a unified dashboard, and exclusive deals, TACT empowers efficient booking processes and drives growth.
STAAH, a leading hospitality solutions provider, has launched a new module called TACT (Travel Agent & Corporate Travel) as part of their Max V2 software package. This innovative module aims to revolutionize hotel bookings in India by offering real-time availability, automated bookings, and personalized experiences for travel agents and corporate clients. The module simplifies operations, reduces administrative burdens, and allows hoteliers to focus on delivering exceptional guest experiences.
Tambourine, a leading digital marketing technology company for the hospitality industry, has appointed Paul Freudenthaler as its new Chief Financial Officer. Freudenthaler brings over 30 years of experience in finance and will leverage his expertise to drive Tambourine’s strategic financial planning and growth.
The number of pubs closing down in England and Wales has skyrocketed, with 472 pubs shutting their doors permanently in the last year. This alarming trend is attributed to factors such as soaring energy and food prices, reduced consumer spending, and a hefty tax burden on hospitality businesses. The closures have impacted communities across the country, with some beloved pubs disappearing and being replaced by homes, offices, or nurseries.
Oyo, the global budget-hotel chain, is reportedly raising $100-$125 million in new funding, bringing its valuation down to $2.5 billion. This news comes after Oyo recently refinanced its existing $450 million Term Loan B, achieving a lower interest rate. The company also reported its first profitable year in 2023-24, with a net profit of Rs 100 crore. Oyo anticipates annual savings of $8-10 million in the first year and $15-17 million thereafter due to the refinancing.
Amadeus and Accor have expanded their partnership, with Accor implementing Amadeus’ Central Reservation System (ACRS) for its global portfolio of properties. The cloud-based technology aims to boost revenues, optimize distribution strategies, and create personalized guest connections. ACRS empowers hotels with cutting-edge technology, including enhanced user experience and simplified daily operations. The collaboration aims to transform the hospitality landscape by offering personalized offers and tailored experiences, ensuring guest satisfaction and loyalty.
SevenRooms, the leading hospitality marketing and operations platform, has launched its first Customer Advisory Board (CAB) to provide actionable insights and strategies for the industry. The board comprises hospitality industry leaders from various regions who will focus on the critical role of loyalty in cultivating hospitality-oriented enterprises, examine how technological advancements can connect diners more closely with restaurants, and delve into the essence of genuine, hospitality-centered experiences.
Established in 1974, Sarova Hotels has grown from a family-owned hotel to a respected brand with nine properties across Kenya. The company’s commitment to excellence and innovation has made it a beacon of homegrown hospitality in the country’s vibrant tourism industry. Sarova Hotels invests in its people and sustainability, nurturing talent, promoting diversity, and empowering local communities. As it commemorates its golden jubilee, Sarova Hotels stands as a testament to the enduring legacy and forward-thinking approach that has guided its success for half a century.
Dubai will be the host city for the Hospitality Wellness Trade Show, Hotel Show, and Leisure Show, taking place concurrently from June 4-6, 2024, at the Dubai World Trade Centre. These events will bring together industry leaders, innovators, and professionals from around the globe to explore the latest trends and advancements in the hospitality and wellness sectors.
Edouard Grosmangin has been appointed Regional Vice President of Rosewood Hotels & Resorts for Mexico and South America, effective May 1, 2024. In this role, Grosmangin will oversee the operations and strategic planning for Rosewood’s portfolio in the region, including existing properties like Rosewood Mayakoba, Las Ventanas al Paraíso, Rosewood San Miguel de Allende, and Rosewood São Paulo, along with the soon-to-open Rosewood Mandarina in Riviera Nayarit and Rosewood Mexico City.
