The new report, Travel Technology Investment Trends 2024, published today from Amadeus finds hoteliers expect to increase their investment in technology by an average of 16% over the coming 12 months, with one in five planning to invest over 20% more than they did last year.

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Parking is a critical source of revenue for airports. Yet, many operators continue to rely on a one-size-fits-all approach to parking rates, often ceding revenue opportunities to public transportation and ride-sharing services. IDeaS, a SAS company and the world’s leading provider of revenue management software and services, announced today that Ace Parking at Phoenix Airport (PHX) has optimized revenue and operations through investments in its modern technology stack. After integrating an online booking system in 2019, the Ace Parking team began using analytics to develop variable pricing to optimize revenue. IDeaS Car Park RMS now helps with demand management to ensure the business uses the capacity to its fullest potential.

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As a leading provider of data protection and regulatory compliance solutions in the hospitality industry, VENZA today proudly announced the expansion of its security team with the addition of two seasoned security professionals: Chris Carmi and Edward Baffoe-Bonnie.

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Jonas Hospitality is excited to share the launch of Jonas Hospitality Unified Platform, a full-featured suite of technology solutions that helps independent hotels, resorts, hotel brands, chains as well as management companies, manage operations, revenue, distribution, and marketing.

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Oracle Hospitality today announced that it has signed an agreement with Choice Hotels International, one of the largest lodging franchisors in the world, to extend its AI-powered merchandising solution Oracle Nor1, to its portfolio of upscale hotels to help them capitalize on incremental revenue opportunities.

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Mews, a leader in hospitality technology and cloud-native property management systems (PMS), today announced its acquisition of HS3 Hotelsoftware, the German-founded on-premises property management system.

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Vingcard, an ASSA ABLOY company and leading provider of advanced technologies for the hospitality industry, is honored to today share details regarding its expanding relationship with Meriton Suites, Australia’s largest owner of apartment-style hotel accommodation. With the recent expansion of its portfolio to 23 locations to include Canberra and Melbourne, the Australian group can importantly continue to rely on Vingcard to provide the latest advances in property security- ensuring that its guests can experience a safe and seamless stay, resulting in enhanced satisfaction and loyalty.

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VENZA, a leading provider of data protection and regulatory compliance solutions for the hospitality industry, today announced that it has named Laura-Jane Hatcher as Technical Communicator. In this capacity, she will serve as the primary creator of written content for VENZA, both within the organisation and beyond.

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Mews, an industry-leading hospitality cloud, has launched the funding program Flexible Financing, which provides hospitality businesses with access to capital, as the number of hoteliers branching out to offer additional amenities for guests has more than doubled in the last year.

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