Displaying items by tag: Hospitality industry

COMPANY NEWS: IDeaS, the world’s leading provider of revenue management software and services, and RMS Cloud, a provider of property management software and scalable technology for the hospitality industry, have today announced an enhanced partnership to maximise occupancy and increase revenue for hoteliers through an advanced technology integration that provides superior visibility into rate strategy and drives smarter decisions to achieve greater revenues.

GUEST OPINION: As business people, we often consider data analytics as boring, table-stakes necessities that help us track financial metrics, optimise business processes, and make data-driven decisions. Although these are all real benefits, I believe analytics can be so much more important, not just to our businesses, but to everybody across the entire world.

Melbourne-founded mobile payments company Mr Yum has raised $89 million in a Series A funding round led by investment firm Tiger Global.

Internet service provider Spirit Telecom has paid $2.6 million to acquire Arinda IT in a move it says will expand its service offerings to the managed service provider sector.

Brisbane-based software solutions company MSL Solutions has acquired UK hospitality software products vendor Verteda.

Payments solutions provider, ecash, is expanding is business in the ATM market with solutions from Transaction Network Services (TNS).

Life can be tough for small businesses as they battle to maintain financial stability while continuing to grow their business.

Australian Point of Sale (POS) solution provider, ImPOS, has integrated Yellowfin’s BI platform into its POS solution used by the hospitality industry.

Australia’s small businesses are doing okay in a tough economic environment, but they are not out of the woods yet. While revenues for many have remained relatively stable, more small businesses are still reporting declining revenues than those enjoying revenue growth.

IT services vendor UXC Connect, part of the UXC group of companies, has been contracted by accommodation group Accor Asia Pacific to deploy its cloud-based communications service iTaaS across its hotel chain.

Sydney-headquartered restaurant group Zest Waterfront Restaurants has gone live with a cloud-based venue and event management software solution from Priava at two of its venues.

It might get a bit messy in some restaurants, cafes and pubs around the country on the first day of August, this Friday, when signatures are officially abolished on all credit and debit card payments, to be replaced by PINs.