Sabre Corp., a key figure in the travel technology realm, recently made headlines with a billion-dollar move aimed at bolstering its financial landscape. The company secured a $1.1 billion agreement to divest its hospitality technology segment to private equity firm TPG. This transaction is not
In an era where seamless technology solutions are crucial for enhancing guest experiences in the hospitality industry, VTech Hospitality has made a significant breakthrough by achieving Zero Touch Provisioning (ZTP) certification for its guest room telephone sets in conjunction with Xorcom's
The world of hospitality is at a turning point, where guest experiences are becoming increasingly digital, personalized, and data-driven. While this digital transformation offers remarkable opportunities to enhance guest satisfaction through tailored services, it also poses significant privacy and
Hotel accounting software has become more advanced, incorporating features that extend far beyond basic income and expense tracking. The software programs presented in this article not only facilitate thorough financial reporting and revenue management but also offer functionalities designed to
In today’s highly digitalized world, the hospitality industry has significantly transformed, leveraging advanced technologies to offer personalized experiences to guests. However, as hotels employ artificial intelligence and data analytics to tailor their services, they face increasing concerns r
The rapid evolution of technology has transformed the hospitality industry, and accounting software is no exception. Efficient financial management has become more critical than ever for hotel operators seeking to optimize processes, ensure accuracy, and maintain profitability. Implementing the
