10minhotel - 10 Minutes News for Hoteliers - Page 22

3 min

Bob W secures three new Munich properties from H’Otello/H’Apato in landmark deal

🏡 Bob W signed leases for three properties in central Munich, adding 198 units and 3,948 sq m to its German portfolio. On 8th January 2025, the tech-powered hospitality operator expanded in the DACH region by converting two hotels and an aparthotel into Bob W locations. The new additions bring Bob W's total in Germany to 15 buildings. The properties, operating under digital front desk and self-service check-in systems, are advised by Miles Knoll of BNP Paribas and Prof. Dr. Clemens Engelhardt of Trustberg. Bob W, operational in 18 cities across 10 countries, continues to grow with over €70 million in funding and over 4,000 units in its portfolio.

3 min

Reside appoints Walter “J.R.” Dembiec, Jr. as Brand President of ‘Reside, a Wyndham Residence’

💼 Walter “J.R.” Dembiec, Jr. appointed as Brand President of ‘Reside, a Wyndham Residence’ on 17 December 2024. Reside, located in Seattle, has launched ‘Reside, a Wyndham Residence’ earlier in the year with five properties. Dembiec, with over 30 years of experience, will spearhead the expansion of the upscale extended-stay segment through a 10-year partnership with Wyndham Hotels & Resorts. The expansion targets the top 50 U.S. markets, adding to the current locations of Seattle, Houston, Washington, D.C., and New Orleans.

3 min

Boom becomes first true AiPMS for boutique hotels as platform announces entry into new sector

🏨 Boom, an AI Property Management Software, announced on 17 December 2024, in Miami, FL, that it is expanding into the boutique hotel sector. The platform offers far-reaching automation allowing small to medium-sized hotels to compete with larger chains by streamlining operations and focusing on guest experience. Features include 24-hour guest messaging, negotiations by an AI sales agent, maintenance scheduling, AI-powered reporting, and review management. Founded by Shahar Goldboim, Boom aims to revolutionize hospitality using AI. Press contact: Madeleine Parkin (+34 684 218 737) and Stewart Paterson (+44 7387 314249). For more info, visit www.boomnow.com.

6 min

Hostaway Announces $365 Million Strategic Growth

🏗 Hostaway, a vacation rental software platform, announced a strategic growth investment of $365 million led by General Atlantic and PSG Equity on December 17, 2024. With properties across 90 countries, the investment follows Hostaway's $175 million fundraise in 2023, marking the segment's largest capital raise. The company, founded in 2015 and managing over 230 employees in 44 countries, aims to use the investment for international expansion, product development, and AI initiatives. Hostaway has also secured high partnership designations with Airbnb, VRBO, and Booking.com, and offers a fully remote workforce. The short-term rental sector is valued at $133 billion GMV and has grown at a 12% CAGR over the last decade.

4 min

The Zipper Hotel & Apartments reveals how tech platform enables it to operate with 80% fewer staff

🏨 Düsseldorf's Zipper Hotel & Apartments, operational since November 2023 with only six staff members, leverages the "Like Magic" tool for efficiency. Despite the lean team, the hotel boasts ratings of 4.6 on Google and 8.8 on Booking.com. The platform, which consolidates operations and guest services into one system, helped rapidly train staff within one and a half days. Co-founders Lindner and Oberdieck claim an 80% smaller workforce with no compromise on service quality.

3 min

eviivo and Jervis Systems partner to offer secure and scalable access solutions for vacation rentals and hotels

🏠 In London, on 4 December, 2024, eviivo, a property management system, partnered with Jervis Systems to offer automated property control for short-term rentals, vacation homes, and hotels, saving property managers up to 10 hours weekly per listing. The integration features contactless check-in, smart home automation, and scalable property access via a centralised dashboard, with unique, time-sensitive SET® PIN codes for secure guest entry. The American Hotel and Lodging Association 2024 survey highlighted keyless entry as the second-highest guest priority after WiFi. Jervis Systems' platform also supports smart device automation, which can be controlled through AccessMyProperty.com or its mobile app. Eviivo serves over 28,000 hospitality businesses, and Jervis Systems automates access for various property types.

2 min

RMS Cloud appoints new CMO to strengthen global positioning

💲 On December 3, 2024, in London, RMS Cloud, a leader in hospitality property management software, appointed Sandrine Zechbauer as Chief Marketing Officer. With over 16 years of experience, including roles at British Airways, Etihad, Air France, and Sabre, Zechbauer will lead marketing strategies across EMEA, APAC, and the Americas. This appointment is part of RMS Cloud's strategic global growth and brand awareness plans, following investment from Advent Partners. RMS Cloud services over 7,000 properties in 70 countries.

3 min

IDeaS Unveils the 2025 Predictions Shaping Hospitality

📈 IDeaS, a SAS company, released "5 Predictions That Will Shape Hospitality in 2025" on 25 November 2024. The report predicts: generational shifts in travel demand, experiential travel opportunities, increased focus on ancillary revenue and events, investment in AI for revenue management, and accelerated cloud migration. Insights were gathered from industry leaders like Amadeus and Sabre Hospitality, aiming to help hoteliers adapt to evolving technology and guest expectations. 📊

3 min

SHR partners with Saudico to supercharge Saudi Arabia’s hotel loyalty programs

🏨 On November 20, 2024, in Houston, TX, SHR, a hotel technology specialist, partnered with Saudico Electronic Systems, a leading Oracle Hospitality provider in Saudi Arabia, to revolutionize the kingdom's hotel loyalty programs. Saudi Arabian hotels, facing low direct bookings despite high repeat business due to undeveloped loyalty programs, will now have SHR's advanced software solutions integrated with Saudico's local expertise. This includes SHR's Central Reservations System (CRS), Customer Relationship Management (CRM), Revenue Management System (RMS), and digital marketing solutions. The collaboration aims to decrease OTA dependency and enhance direct bookings. Saudi Arabia expects to add 320,000 hotel rooms by 2030 and aims for 150 million tourists annually, presenting significant revenue opportunities for hoteliers. Alexander Barder of SHR and Soufyan Al Kabbani of Saudico expressed enthusiasm about bolstering the Saudi hotel industry and improving guest experiences through this partnership.

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