hospitality industry

CardFree Launches ‘Smart AI Upsell’ Feature for Restaurants, Hospitality Businesses
CardFree Launches ‘Smart AI Upsell’ Feature for Restaurants, Hospitality Businesses
June 12, 2024  |  ResTech

CardFree has added a new Smart AI Upsell feature to its online ordering platform for the restaurant and hospitality industry. This feature uses artificial intelligence...

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33% of Main Street SMBs With 5 or Fewer Staffers Saw Lower Earnings in 2023
33% of Main Street SMBs With 5 or Fewer Staffers Saw Lower Earnings in 2023
April 30, 2024  |  SMBs

Most small to mid-sized businesses (SMBs) located up and down Main Street, USA, are doing just fine, thank you very much.  In fact, according to...

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Spreedly Enables Mobile Wallet Transactions on Olo’s Hospitality Platform
Spreedly Enables Mobile Wallet Transactions on Olo’s Hospitality Platform
April 11, 2024  |  ResTech

Olo has selected Spreedly to enable mobile wallet transactions for restaurants that use Olo’s software-as-a-service (SaaS) platform for the hospitality industry. Spreedly’s open payments platform will enable the...

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Private Equity Firm TPG Enters Vacation Rental Market in Florida
Private Equity Firm TPG Enters Vacation Rental Market in Florida
November 07, 2023  |  Real Estate

Private-equity firm TPG has made a significant move into the vacation rental market by acquiring single-family homes in Florida and offering them for nightly rentals...

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TravelNet Solutions Adds Payment Processing to Property Management System
TravelNet Solutions Adds Payment Processing to Property Management System
October 22, 2023  |  Travel Payments

TravelNet Solutions has unveiled enhancements and extensions to its flagship product for the short-term rental industry, Track Property Management System. These new features include Payments, Reviews Management...

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Global Travel Propels MGM Resorts’ Q2 Revenue
Global Travel Propels MGM Resorts’ Q2 Revenue
August 02, 2023  |  Earnings

MGM Resorts reported Wednesday (Aug. 2) a second-quarter revenue of $3.94 billion, representing a 21% year-over-year increase. The company also beat Wall Street’s consensus estimate...

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Marriott Q2: Sharp Rebound in International Travel Drives Boost in Global Lodging Demand
Marriott Q2: Sharp Rebound in International Travel Drives Boost in Global Lodging Demand
August 01, 2023  |  Earnings

Betting on a sharp rebound in international travel following the pandemic, Marriott International posted strong second quarter (Q2) earnings on Tuesday (Aug. 1), beating analysts’...

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Hotel Equities Partners With Grazzy and Visa Direct for Digital Tipping
Hotel Equities Partners With Grazzy and Visa Direct for Digital Tipping
July 11, 2023  |  Travel Payments

Hotel Equities has launched a digital tipping platform powered by Grazzy and Visa Direct. The platform provides guests staying at any of the firm’s hotels with a...

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PYMNTS Intelligence: Leveraging Automation Technology to Mitigate Hospitality Labor Shortages
PYMNTS Intelligence: Leveraging Automation Technology to Mitigate Hospitality Labor Shortages
May 15, 2023  |  Technology

The hospitality industry has been experiencing staffing shortages across the board in recent years, with both hotels and restaurants feeling the squeeze. The industry has...

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