Optii Solutions | August 04, 2022
Optii Solutions, the leading hotel operations software, announced that it has added multiple new languages to its platform, to further support its European expansion. Several additional languages are also in development with release dates in the next 30 to 60 days.
With travel, tourism, and hospitality drawing a particularly diverse workforce from around the world, the need to seamlessly communicate across languages and avoid errors is critical. Optii is designed to break down gaps and lags in communication with the goal of increasing productivity and establishing a repeatable and scalable guest experience within a hotel. Language barriers can disrupt the gains hotel operations would otherwise achieve from the implementation of technology, because instructions or staff communication is missed or misunderstood. Seamless translation to 20 languages within the same technology platform avoids this. It also leads to a better work experience for the staff who can choose to work in the language they are most comfortable with.
The company has for some time supported core languages that are prevalent in the industry and workforce, but with shifting demographics, the need to add more languages is critical. This has proven true especially in the European market, where Optii is expanding with several new hotel group customers.
“As we grow into new markets, the make-up of the workforce looks different and we need to account for that. Being a customer-centric technology provider, a lot of our roadmap items come from our customers. This is the case with our latest expansion into several European markets. Not only will we deliver on the customer needs, but we can also play a small part in bringing their workforce together and breaking down barriers.”
-Katherine Grass, CEO, Optii Solutions
About Optii Solutions
Optii Solutions is a hotel operations solution that leverages smarter technologies such as artificial intelligence, analytics, messaging and mobility to improve the efficiency and effectiveness of housekeeping and service delivery departments. For further information, please visit: www.optiisolutions.com
Holisto. | June 15, 2022
On June 13, Holisto Ltd, a leading technology-based online travel booking platform, and Moringa Acquisition Corp, a special purpose acquisition company, announced that they entered a business combination agreement that would get Holisto publicly listed on the Nasdaq. Holisto Ltd’s expected pro forma equity value will be approximately $405 million, thanks to this business combination.
Moringa’s non-redeeming public shareholders can receive a pro-rata portion of a bonus pool of up to an additional 1,725,000 shares at transaction close. This would result in a merger consideration of between 1.15 and 1.6 Holisto ordinary shares for each such Moringa Class A ordinary share not redeemed. However, the ratio of merger consideration for non-redeeming shareholders will depend on the number of Moringa shares redeemed.
“From the outset we were inspired by the opportunity to disrupt the large, fragmented and complex travel booking market, using advanced big data and AI technologies that enable incremental cost savings and simplicity through the ability to combine offerings from multiple sources, Our combination with Moringa and access to public markets will allow Holisto to continue to aggressively leverage our technology by scaling our platform and infrastructure and expand our customer acquisition and brand awareness.”
-Eran Shust, Chief Executive Officer and co-Founder of Holisto.
“We are incredibly excited to announce the merger with Holisto. Holisto is innovating with advanced technology solutions in a large, global market which is ripe for transformation for the benefit of the consumer traveler. We look forward to our partnership and opportunity to leverage our expertise as Holisto continues to rapidly scale its business.”
-Ilan Levin, Chief Executive Officer and Chairman of Moringa
Holisto is a tech-based online travel booking platform. It harnesses the power of advanced AI to make travel more affordable and personalized for customers. Its unique holistic view of hotel rates and plans result from multiple inventory sources, including online travel agencies, wholesalers, global distribution systems, and hotel operators, so that consumers can get the best deals on their bookings.
Stratix and Samsung | June 17, 2022
On June 15, Stratix Corporation, a leading Managed Mobility Services (MMS) provider in the U.S., announced its alliance with Samsung to bolster SmartMobile technology solutions to revolutionize hospitality operations and guest experiences. Both the companies want to solve many of the challenges the hospitality industry faces today.
The majority of the hotels and resorts in the U.S. rely on slow, analog workflows that do not contribute to great guest experiences. Mobile devices and applications can create highly-efficient fully-connected hotels to remedy this issue. Stratix has created an interactive video demonstrating transformative mobile solutions for maintenance, housekeeping, front desk, concierge, dining, events, and valet services. Such solutions paired with mobile devices and wearables can make workflows intelligent and seamless. As a result, employees can work efficiently and happily, customers can enjoy digital interactions that match their service expectations and enjoy their stay.
Stratix and Samsung solve some of the most pressing issues that the hospitality industry face, including:
Personalizing customer experiences
Attracting and retaining employees
This alliance pairs Samsung’s industry-leading technology for the hospitality industry with Stratix’s expertise in the solution design domain, lifecycle management and 24x7x365 support. Both the companies can:
Educate hospitality companies through the knowledge and resources they need to develop and implement cutting-edge technology and create competitive differentiation
Translate data and insights into usable information that helps tailor guest experiences, promotions, and loyalty programs to individual customers
Provide employees with useful and easy-to-use tools that improve their productivity and make their lives easier
"With customer expectations increasing and hospitality facing the same staffing challenges other industries are navigating, using mobile-driven digital transformation to improve productivity and enhance user experiences just makes sense, Our alliance with Samsung allows us to expand our strategic customer engagement model, and success in other industries with comparable use cases, to quickly bring transformative Managed Mobility Services to the hospitality industry."
-Gina Daniel-Lee, Vice President, Strategic Alliances and Partnerships at Stratix.
Together, Samsung and Stratix are delivering solutions that the hospitality industry desperately needs to create outstanding guest experiences.