AI in hospitality
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Mews raises $300m Series D funding led by EQT Growth
Yahoo Finance· 2026-01-23 10:50
Hospitality operating system provider Mews has secured $300m in a Series D funding round led by EQT Growth. The round also saw participation from new investors Atomico and HarbourVest Partners, alongside existing backers Kinnevik, Battery Ventures, and Tiger Global. The latest investment values the hospitality operating system provider at $2.5bn. Mews reported a 55% rise in SaaS [software as as service] gross profit over the past year and a customer base of 15,000 spread across 85 countries. During 20 ...
Metaguest.AI Reminds Shareholders of AGM, Reaffirms $1,000,000 Financing Facility and Notes Recent Media Features
Newsfile· 2025-09-18 20:00
Core Viewpoint - Metaguest.AI is actively engaging its shareholders ahead of the upcoming Annual and Special Meeting, while reaffirming its $1,000,000 secured loan facility to support its operations in the hospitality AI sector [1][3]. Group 1: AGM Details - The Annual and Special Meeting of Shareholders is scheduled for October 1, 2025, at 10:00 a.m. (EST) in Toronto, Ontario [2]. - Shareholders of record as of September 1, 2025, are entitled to vote, and proxies must be submitted by September 29, 2025, at 10:00 a.m. (EST) [2]. Group 2: Financing Facility - The $1,000,000 secured loan facility was initially announced on May 9, 2025, and has been reaffirmed multiple times since [3]. - Each tranche of the facility carries a 12% annual interest rate and includes a 12% loan advance fee payable in Class A Common Shares at a deemed price of $0.10 per share [3]. - The loans are secured by a general security agreement over the company's assets and have a 12-month term, which can be extended for an additional six months [3]. Group 3: Market Visibility - Metaguest.AI has gained increased visibility in the market, being featured in the CSE Magazine Technology Issue and Capital Magazine's Spring/Summer 2025 Edition, highlighting its role as a leading innovator in hospitality AI [4]. - The company's flagship platform enhances guest experiences through advanced AI solutions, offering features such as on-property e-commerce, real-time service requests, and a multilingual virtual concierge [4].
Wyndham Unveils New Initiatives to Drive Owner Success, Strengthen Hotel Performance
Prnewswire· 2025-05-20 19:01
Core Insights - Wyndham Hotels & Resorts emphasizes a franchisee-first approach, focusing on long-term success through tailored solutions and support [1] Technology Initiatives - The launch of Wyndham Connect PLUS enhances guest engagement with AI-driven features for booking and inquiries, available for pilot by qualified franchisees at no cost until year-end [2] - Wyndham Gateway introduces a centralized guest Wi-Fi portal, creating new revenue streams through Wi-Fi upsell opportunities while simplifying loyalty enrollment [3] - Wyndham Marketplace and Wyndham PriceIQ streamline sourcing for hotel owners, enabling easier access to brand-approved products at negotiated rates [4] Insurance Solutions - A partnership with HUB International provides franchisees with affordable, high-quality insurance options, ensuring compliance and cost reduction [5] Rewards Program Enhancements - Wyndham Rewards® expands benefits with Wyndham Rewards Experiences, allowing members to bid on exclusive events and experiences [6] - A new partnership with Applebee's enables members to earn points on mobile orders with free hotel delivery [7] - Changes in reimbursement for free night stay redemptions will incorporate guest satisfaction scores, enhancing the rewards program's appeal [8] Marketing Strategy - A new marketing campaign, "Where There's a Wyndham, There's a Way," aims to unify the brand and capture demand across various media platforms [10] Company Overview - Wyndham is the largest hotel franchising company globally, with approximately 9,300 hotels in over 95 countries and a strong presence in the economy and midscale segments [13] - The company has invested nearly $350 million in technology since going public in 2018, enhancing sales, marketing, and operational support [11]