Posts by author

10minhotel

262 posts
View Post
  • 3 min

Austin F1 analysis reveals hotels and vacation rentals moving in sync as guests booked closer to race weekend

🏁 20 October 2025, Santa Rosa Beach, Fla. – Key Data reveals a 0.91 correlation between hotel and vacation rental bookings in Austin for the 2025 Formula 1 Grand Prix. Bookings were made later, with a 17.3-point drop in advance vacation rental reservations over 180 days. Hotels saw an 8.1-point decline in early bookings. The trend shows travelers finalizing plans closer to events, impacting pricing and operations strategies.
View Post
Share
View Post
  • 2 min

Over $500 million invested in short-term rental technology over the past year, shows Abode Worldwide’s new 2026 Tech Index

🛠 LONDON, 20 October 2025 — More than $500 million was invested in short-term rental (STR) technology last year, with Hostaway's $365 million raise capturing the largest share. Over 300 global tech providers were tracked in the Short-Term Rental Tech Index 2026, highlighting significant investments like Holidu's €46 million and Wander's $50 million Series B. Notable acquisitions included Casago’s $130 million purchase of Vacasa. The sector shows growing maturity, focusing on operational challenges and scalable technology.
View Post
Share
View Post
  • 2 min

How ya like me now?

💰 Las Vegas is shifting its focus from tourists to locals. After a post-COVID boom, where tourists were prioritized, the city is now offering promotions like special rates and free parking to residents. Despite optimistic statements from executives, this indicates a decrease in tourist demand. The change underscores a reliance on locals, previously undervalued, to maintain business. The disconnect between public statements and promotional actions suggests challenges in the hospitality sector.
View Post
Share
View Post
  • 2 min

Influence Society Releases Fourth Edition of Societies Quarterly, Showcasing the New Language of Exceptional Hospitality

📰 14 October 2025, Paris: Influence Society published Q4's Societies Quarterly, exploring design and technology's impact on hospitality. Highlights include Dubai and Abu Dhabi's electric flying taxis, Barcelona’s Hotel Praktik Bakery's integrated retail model, and Porsche's Cayenne EV with wireless charging. The edition is available online, offering insights for hospitality leaders seeking future guest experience trends. Influence Society focuses on blending design, technology, and hospitality to craft future-ready, narrative-rich brand experiences.
View Post
Share
View Post
  • 2 min

“A (substitute loyalty program name) Hotel”

🛫 Hilton plans to add five new brands, while Radisson explains its existing ones, contributing to brand identity dilution. Major hotel chains have numerous labels: Marriott (36), Hilton (24), Accor (57), Wyndham (24), Choice (22), IHG (20), Hyatt (33), Radisson (10), Best Western (16). This results in customer confusion, prioritizing loyalty programs over distinct experiences. Regional inconsistencies exacerbate the issue. The hotel industry risks losing identity in favor of commoditization and loyalty program dominance.
View Post
Share
View Post
  • 2 min

Hospitable launches Owner Portals to give managers control and owners confidence

📄 9 October 2025, San Francisco: Hospitable launched Owner Portals, enhancing property owner-manager collaboration. Owners get real-time access to performance data via personalized logins, without burdening managers with manual tasks. Managers control information access, maintaining privacy. New features integrate owner stays into reports, streamline repeat processes, and ensure transparency. These portals, part of Hospitable’s property management advancements since 2016, facilitate smarter rental business operations and relationships. CEO Pierre-Camille Hamana emphasizes balancing owner visibility with manager control.
View Post
Share

Boom raises $12.7 million led by Avenue Growth Partners as company accelerates agentic AI innovation

💸 Miami, FL, October 08, 2025 — Boom, an AI-powered property management system, raised $12.7 million in funding led by Avenue Growth Partners. Investors include Ian Carter (former Hilton CEO), Scott Srebnick (Goldman Properties CEO), and Gary Fatakov (Siemplify Co-Founder). Boom operates in 20 countries, automating 80% of guest messages. With a Net Promoter Score of 86, Boom is revolutionizing the short-term rental industry by improving efficiency and customer satisfaction.
View Post
Share
View Post
  • 3 min

Valk Exclusief selects Apaleo to power group-wide digital transformation across 43 hotels

💻 Valk Exclusief, October 2025, Netherlands and Germany, initiates final digital transformation phase with Apaleo. By December 2025, all 43 hotels (7,100+ rooms, 55 restaurants, 475 meeting spaces) will migrate to Apaleo's platform. The process started September 2024, with 10 hotels live by mid-2025. Valk Digital's custom tech stack enhances guest experiences and reduces staff onboarding from days to hours. Over 11 million guests served annually, supported by 4,000+ staff.
View Post
Share