INDUSTRY OUTLOOK

Jurny Raises $9.5M to Redefine Property and Guest Management for the New Age of Travel

Jurny, Inc. | October 04, 2021

Jurny, Inc., the hospitality tech company powering operations and modern guest experiences for some of the world's most exceptional independent hotel brands, vacation and short-term rental (STR) properties, announced it raised an additional $9.5M in capital, in a round led by Mucker Capital. In part, the funds are being utilized to accelerate the global expansion of its latest product offering, Jurny Virtual.

The new offering provides a simplified, fully-connected tech stack by seamlessly integrating and connecting most major channel management (CMS), point of sale (POS), room management (RMS), facility management (FMS), marketing and smart home tech solutions in one, easy-to-navigate operator dashboard.

"Our mission is to help small- to medium-sized operators and hotel owners access a premium ecosystem that offers the benefit of economies of scale, not yet available to even some of the world's largest hotel chains, Jurny Virtual is revolutionizing the industry by providing a premier service at a much lower cost, including time, without requiring an upfront investment."

said Luca Zambello, Co-Founder and CEO at Jurny

"Operators using Jurny's best-in-class tech are seeing, on average, a 20% increase in revenue, 50% decrease in overhead costs and 2x net operating income (NOI) within the first 30 days of implementation," said Erik Rannala, Co-Founder and Managing Partner at Mucker Capital. "These numbers are unmatched in the industry and illustrate that Jurny and its customers are positioned to dominate the global hotel, short-term and vacation rental management market."

Jurny Virtual provides hotel owners and property managers with a comprehensive solution to automate and streamline operations. In addition to the tech stack, Jurny provides additional services like 24/7 inquiry support and virtual concierge, access control, guest screening, review management, accounting and more - all easily accessible for owners in a single location to manage their entire operations.

"The unpredictable global events that unfolded over the past 18 months have undoubtedly changed the travel landscape forever, leaving in its wake an unprecedented number of property owners and operators struggling to recover losses and grappling with the complexities of change in the marketplace," said David Phillips, Co-Founder and President at Jurny. "Designed to help independent lodging operators and management companies navigate the shifting market demands, Jurny Virtual provides a single, affordable and easy-to-implement solution for the tools and technology required to compete and thrive in today's rapidly evolving environment."

The Jurny management team is composed of hospitality industry veterans and tech insiders, including former executives of Melia Hotels International, Eurostars Hotels, The Chateau Marmont Hotel and Galeno Group. Its investment team and board of advisors include former senior management from eBay, Intel Corp., Sun Microsystems, Mattel and TripAdvisor. Jurny is headquartered in Los Angeles, with offices around the world.

The company's vertically integrated model is designed to address redundancies, reduce overhead and increase profits for stakeholders. In the past year, Jurny has more than doubled the number of units under its platform with a growing presence in major cities across the globe.

About Jurny
Jurny is a hospitality tech company founded for operators, by operators. The company offers SaaS and hardware solutions for hotel owners and property managers designed to accommodate the modern traveler. From design to implementation, Jurny's one-stop solution enables an industry-first true automated experience from check-in to check-out for both guests and hosts, resulting in flawless operations and increased profits. Jurny is pioneering the next generation of tech-first, on-demand hospitality.

Spotlight

There are plenty of words we could use to describe Joan and Jess’ experience with Tour The World so far: life-changing, incredible, magical, stressful, the list goes on! But we can all agree that one of the main words that comes to mind is whirlwind, and what a whirlwind adventure it’s been so far!

Spotlight

There are plenty of words we could use to describe Joan and Jess’ experience with Tour The World so far: life-changing, incredible, magical, stressful, the list goes on! But we can all agree that one of the main words that comes to mind is whirlwind, and what a whirlwind adventure it’s been so far!

Related News

FEATURES AND ADVICE

My Travel Bloc and Dragonchain Sign Letter of Intent

Dragonchain My travelBLOC | September 03, 2021

My Travel Bloc Inc. and Bellevue based Dragonchain have entered into a Letter of Intent to co-develop and deploy the most secure and efficient blockchain travel solution on earth. TravelDragon will combine My Travel Bloc's global travel services platform with Dragonchain's energy efficient hybrid blockchain and patented smart contracts platform. This benchmark solution is designed to process over twenty two thousand (22,000) transactions per second on an environmentally sustainable platform that consumes just 0.00002 Kilowatt hours per transaction. "This exciting collaboration brings decades of innovative technology, aviation and distribution expertise to the travel industry. Our mission is to disrupt the current status-quo while also solving the many challenges that plagued early adopters of travel-based blockchains. Our hybrid B2B solution offers buyers and suppliers real time engagement in a secure blockchain ecosystem while reducing unnecessary overrides, fees and commissions." - Steve Sedgwick, CEO, My Travel Bloc Smarter Together- The combined collaborative TravelDragon team is committed to deliver: Collaboration across the entire travel industry. We are consolidating travel procurement in a win-win solution for both buyer and supplier. Joint innovation and product development. We are using cutting edge cloud-based blockchain architecture, patented smart contracts, artificial intelligence, and machine learning in a scalable value-added ecosystem. Industry leading sustainable recycle bin technology. We are helping all participants to actively engage in caring for our planet faithfully and efficiently. Real-time distributed ledger. We will streamline expense reconciliation and financial transactions. "We are thrilled to team up with My Travel Bloc to address the real-world problems currently facing the travel industry. Our fundamental capabilities and their passion to build powerful solutions not yet seen in the industry are the perfect match. Dragonchain specializes in behavioral and loyalty incentives to motivate partners and customers towards specific goals. We use patented smart contract technology to completely automate any process including carbon-tracking so that businesses can track and prove their carbon footprint. TravelDragon is set to create the most efficient travel platform the industry has ever seen." - Joe Roets, Founder and CEO, Dragonchain. About My Travel Bloc My Travel Bloc is a SaaS travel platform bringing suppliers and buyers together in a low-cost distribution marketplace that minimizes unnecessary commissions, fees and overrides associated with the current global distribution system. By providing a quantum level secure environment that transacts in real time, suppliers are afforded the ability to directly share their valuable service APIs. Deploying tailored smart contracts to airlines, hotels, and the corporate buyer, My Travel Bloc streamlines and enhances the efficiency of supplier/buyer relationships in a value-added ecosystem. For more information, please visit www.mytravelbloc.com About Dragonchain Dragonchain simplifies the integration of flexible and secure blockchain-powered solutions interoperable with any external blockchain, legacy system, or application. The platform is designed to be independently scalable as well as sustainable for any entity, business, or organization. Dragonchain understands the needs of businesses and has built a platform of core capabilities to solve the issues businesses face. Dragonchain was originally developed at Disney's Seattle office as the Disney Private Blockchain Platform in 2014, and open sourced in 2016. Dragonchain is America's Blockchain. Learn more at Dragonchain.com

Read More

COMMERCIAL TRAVEL

United Airlines and Virgin Australia Group Announce New Partnership

United Airlines & Virgin Australia Group | December 14, 2021

United and Virgin Australia Group announced today a new partnership that will enhance the travel experience between Australia and the Americas. This partnership will add more benefits for both MileagePlus and Velocity Frequent Flyer members as well as access to more one-stop connections to cities across the United States, Australia, Mexico, the Caribbean, and South America. The agreement, which is subject to government approval, is set to roll out starting in early 2022.Australia has always been a key part of United's network as demonstrated by United being the only carrier to maintain passenger service between the U.S. and Australia throughout the pandemic. In addition, United offers more flights to Australia than any other U.S. carrier and now extends its presence by adding Virgin Australia Group's comprehensive network. "The United States and Australia share a special bond and I'm especially proud that United was the only airline to maintain a vital link between these two countries throughout the pandemic,Looking ahead, Virgin Australia is the perfect partner for United. Our partnership provides considerable commercial value for both airlines and a shared commitment to offer the best travel experience for our customers." -United CEO Scott Kirby. United currently offers daily direct flights from San Francisco and Los Angeles to Sydney, while other services including flights from Houston and direct services to Melbourne are expected to resume later in 2022. Under this new partnership, United's customers will now have access to top Australian destinations including Brisbane, Perth and Adelaide. In addition to the ability to redeem and earn points/miles, eligible premier MileagePlus and Velocity members will also receive the following benefits when flying on United and Virgin Australia worldwide: Priority check-in Priority boarding Priority baggage delivery and additional baggage check allowance Priority security clearance Lounge access The partnership will also triple Virgin Australia's reach into the U.S., with customers accessing United's vast domestic and international network, connecting at United's multiple Australian gateways. The partnership is another significant customer enhancement for the relaunched Virgin Australia, that will also see the airline resume the sale of codeshare flights at virginaustralia.com, starting with United services in early 2022, followed by the airline's other international partners. Virgin Australia first paused the sale of codeshare flights on its website at the height of the pandemic, and today's announcement will open a new gateway for travel between Australia and the U.S. and beyond. "We are grateful to have such a strong partner in United,They have proudly been one of Australia's most loyal and long serving aviation partners and their market strength both to Australia and in the United States brings great value to our guests. We look forward to innovating together on behalf of our guests to ensure they have the very best travel experiences to over 90 destinations in the U.S." -Virgin Australia Group CEO Jayne Hrdlicka. Committed to Ensuring a Safe Journey United is committed to putting health and safety at the forefront of every customer's journey, with the goal of delivering an industry-leading standard of cleanliness through its United CleanPlus SM program. United has teamed up with Clorox and Cleveland Clinic to redefine cleaning and health safety procedures from check-in to landing and has implemented more than a dozen new policies, protocols and innovations designed with the safety of customers and employees in mind. To manage entry requirements in different destinations, and find places to get tests, customer can visit United's Travel Ready Center. United Next United is more focused than ever on its commitment to customers and employees. In addition to today's announcement, United has recently: Launched an ambitious plan to transform the United customer experience by adding and upgrading hundreds of aircraft as well as investing in features like larger overhead bins, seatback entertainment in every seat and the industry's fastest available Wi-Fi. Announced a goal to create 25,000 unionized jobs by 2026 that includes careers as pilots, flight attendants, agents, technicians, and dispatchers. Announced that United will train at least 5,000 pilots by 2030 through the United Aviate Academy, with the plan of at least half being women and people of color. Required all U.S. employees to receive a COVID-19 vaccination. Became the first airline to offer customers the ability to check their destination's travel requirements, schedule COVID-19 tests and more on its mobile app and website. Invested in emerging technologies that are designed to decarbonize air travel, like an agreement to work with urban air mobility company Archer, an investment in aircraft startup Heart Aerospace and a purchase agreement with Boom Supersonic. Committed to going 100% green by 2050 by reducing 100% of our greenhouse gas emissions without relying on traditional carbon offsets, including a recent agreement to purchase one and a half times the amount of all of the rest of the world's airlines' publicly announced Sustainable Aviation Fuel commitments combined. Eliminated change fees for all economy and premium cabin tickets for travel within the U.S. About United United's shared purpose is "Connecting People. Uniting the World." In 2019, United and United Express® carriers operated more than 1.7 million flights carrying more than 162 million customers. United has the most comprehensive route network among North American carriers, including U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C. For more about how to join the United team, please visit united.com/careers and more information about the company is at united.com. United Airlines Holdings, Inc. is traded on the Nasdaq under the symbol "UAL". About Virgin Australia Virgin Australia Group is a major Australian airline operating scheduled domestic and short-haul international flights, charter and cargo services, and the award-winning loyalty program Velocity Frequent Flyer.The Group has been a competitor in the Australian aviation landscape for more than 20 years, carrying tens of millions of passengers in that time and operates three seating choices; Economy, Economy X (extra leg room Economy) and Business Class.Virgin Australia is now embarking on an exciting new chapter. In September 2020, US private equity firm Bain Capital acquired Virgin Australia and relaunched it as a mid-market carrier with a renewed focus on its heartland customer. Since that time the airline has simplified its fleet structure to an all-Boeing 737 fleet and has made significant investments in technology and customer experience. Virgin Australia is focussed on creating great experiences and has won many awards over the years including Best Cabin Crew, Best Domestic Airline and Best Economy Class. Velocity Frequent Flyer has also scooped a wealth of prestigious gongs including the Freddie Awards Best Program of the Year and Best Redemption Ability for Asia/Middle East and Oceania.+

Read More

TRAVEL TECHNOLOGY

SKT and Joby Join Forces to Bring Air Taxi Service to South Korea

Joby | February 07, 2022

SK Telecom (NYSE:SKM, “SKT”), South Korea’s leading telecommunications company, and Joby Aviation (NYSE:JOBY, “Joby”), a California-based company developing an all-electric, five-seat aircraft that can take off and land vertically (eVTOL), today announced they will work together to introduce emissions-free aerial ridesharing services to cities and communities across South Korea.SKT’s CEO Ryu Young-sang and Joby’s founder and CEO JoeBen Bevirt signed a strategic collaboration agreement at Joby’s manufacturing facility in Marina, California. The agreement will see the two companies work closely on introducing this revolutionary form of transportation in support of the South Korean Ministry of Land, Infrastructure, and Transport’s “K-UAM” (Korean Urban Air Mobility) Roadmap, first announced in 2020. With a maximum range of 150 miles (241 kilometers), a top speed of 200 mph (321 km/h), and a low noise profile that will allow it to access built-up areas, Joby's piloted aircraft is designed to make convenient, emissions-free air travel an everyday reality. SKT has been promoting the development of urban air mobility by leveraging its expertise in telecommunications, autonomous driving, precise positioning, and security to become a leading company in connected intelligence. As a member of the “UAM Team Korea”, SKT is also working together with other major Korean companies to enhance the nation’s competitiveness in the field. The partners intend to leverage SK’s T Map mobility platform, Korea’s largest mobility platform, and UT ride hailing service to provide multi-modal journeys to customers seamlessly integrating both ground and air travel. UT was established as a joint venture between SKT and Uber in 2021, bringing together SK’s T Map platform and Uber’s ride sharing technology. Joby and Uber have been collaborating since 2019. “By joining forces with Joby, a global leader in this field, we expect to accelerate our journey towards the era of Urban Air Mobility and lead the way on introducing this exciting new technology,” said Ryu Young-sang, CEO of SKT. Collaborating with leading global companies is essential to securing leadership in future industries, which we are confident will be driven by the growth of UAM, autonomous driving, and robots. Joby has spent more than a decade developing the technology behind its aircraft, completing more than 1,000 test flights and becoming the first, and only, eVTOL company to sign a G-1 (stage 4) Certification Basis for their aircraft with the Federal Aviation Administration (FAA). Commenting on the partnership and the opportunity presented by the South Korean market, "We are thrilled to be partnering with the team at SKT who bring a wealth of relevant experience and technology to the table." -JoeBen Bevirt, founder and CEO of Joby With more than 42 million people living in urban areas, South Korea offers a remarkable opportunity for Joby to make air travel a part of daily life, helping people to save time while reducing their carbon footprint. While Joby’s aerial ridesharing service will be operated directly by the company and offered to passengers via the Joby app or the Uber app in core U.S. markets, this announcement reflects Joby’s strategy to partner with local companies committed to delivering exceptional customer service and operational excellence to launch its service in select markets outside the U.S. Images of the signing ceremony are available here. Photos and video footage of the Joby aircraft are available in Joby's Media Kit. About Joby Aviation Joby Aviation, Inc. (NYSE:JOBY) is a California-headquartered transportation company developing an all-electric vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient air taxi service beginning in 2024. The aircraft, which has a maximum range of 150 miles (241 kilometers) on a single charge, can transport a pilot and four passengers at speeds of up to 200 mph (321 km/h). It is designed to help reduce urban congestion and accelerate the shift to sustainable modes of transit. Founded in 2009, Joby employs around 1,000 people, with offices in Santa Cruz, San Carlos, and Marina, California, as well as Washington, D.C. and Munich, Germany. To learn more, visit www.jobyaviation.com. About SK Telecom SK Telecom (NYSE:SKM) is Korea’s leading ICT company, driving innovations in fixed & wireless telecommunications, AI service, and digital infrastructure service. Armed with cutting-edge ICT including AI and 5G, the company is ushering in a new level of convergence to deliver unprecedented value to customers. As the global 5G pioneer, SKT is committed to realizing the full potential of 5G through ground-breaking services that can improve people's lives, transform businesses, and lead to a better society. SKT boasts unrivaled leadership in the Korean mobile market with over 30 million subscribers, which account for nearly 50 percent of the market.

Read More