Search results for “PMS”
Hotel IT startup StayNTouch raises $9.5M in investment led by Concur
StayNTouch announced on Monday that it had raised $9.5 million in a new investment round, led by Concur’s Perfect Trip Fund.Its Zest tool enables guests to view their room bill while hotel staffs are able to get touch-optimized extensions of the PMS from any Wi-Fi-enabled touch device.
Hotel IT provider Springer-Miller sold to Constellation for $16.6 million
PAR Technology has sold off its hospitality IT division Springer-Miller for $16.6 million to Constellation Software.
Shiji to acquire 19.6% voting right in Huanxun E-commerce for RMB 152 million
Shiji Information, a major PMS service provider in China, plans to splash out RMB 152 million to buy 100% shares of Great Kylin Investment, which owns 19.6% voting right in Huanxun E-commerce. Shiji also owns 22.5% of iPS, Huanxun E-commerce’s fully-controlled subsidiary
Small-scale PMS Golden Swan gets US$1.6 million Pre-A financing
“Our goal is to become the leader in the market of medium- and small-sized hotels in third- to sixth-tier cities within the next three years,” said CEO Lihua Xiao.
China's Travel Market Tears Into 2016
By wedding itself to Baidu to consolidate its leading position in travel, Ctrip has become fully engaged in the war between Baidu, Alibaba and Tencent.
Hotel cloud PMS provider Mingyan Software gets angel investment from Plateno Group
Mingyan Software, developer of Diaotian Cloud Hotel PMS,signed an agreement to receive an angel investment from Plateno Group.
Alitrip aims to displace Ctrip in 18 months
A growing rivalry between Alitrip and Ctrip is expected to escalate as Alitrip aims to oust the top OTA in 18 months.
Shiji Technology acquires Pegasus PMS to boost Alibaba partnership
Shiji Technology will invest up to RMB50 million in a partnership hotel IT developer Talent's and aquired Armitage PMS Pegasus to boost Alitrip's hotel management.
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