The acquisition will broaden the reach of Oracle Hospitality’s cloud-based property management system.
A shift in consumer confidence doesn’t happen overnight, but it’s been steadily rising.
VC firms have poured more than USD 80 billion into Asian travel and mobility tech startups from 2010 to 2019.
The Delivering Group, which recently formed partnerships with AI chat specialist HiJiffy and hotel technology consultancy CUBE, has now included tailor-made online booking experts Book Tech.
The revenue management framework and the approach to pricing will have to unlearn and re-learn to adapt and deliver in the new realities.
CAGR of most SEA countries is expected to exceed 30% by 2025.
CV Villas also saw a 76% increase in searches following the news, as well as a 40% increase in bookings.
The few thriving corners of the travel industry offer hope of a rebound and the possibility of traveling safely, even during an uncertain period.
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