Wiesbaden is going to introduce 45th Germany Travel Mart

Travel and Tour World | May 13, 2019

There are about 500 representatives from the international tourism industry from 51 countries will come to Wiesbaden for the 45th GTM Germany Travel Mart from May 12 to May 14. The GTM is organized annually by the German National Tourist Board (GNTB) in cooperation with varying partner regions and partner cities. The state capital of Hesse is hosting the event for the third time after 1977 and 2005.

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Explore cutting-edge revenue strategies in the hospitality industry. Adopt the latest hospitality management trends to optimize the revenue stream.

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Explore cutting-edge revenue strategies in the hospitality industry. Adopt the latest hospitality management trends to optimize the revenue stream.

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Business Travel

Jurny and Turno Partner to Offer Free, End-to-End Short-Term Rental Management Solution

businesswire | August 10, 2023

Jurny, the world’s leading vertically integrated, AI-powered property management solution, and Turno, the global leader in vacation rental cleaning management, announced a partnership positioned to advance hospitality today. Together, the companies offer everyone from single property hosts to management companies with geographically dispersed portfolios the ability to easily control the most crucial components for efficient vacation rental management seamlessly from one dashboard. “It’s exciting to partner with another company that shares the same dedication to empowering hosts with automation tools to optimize their vacation rental businesses," said Luca Zambello, CEO and co-founder of Jurny. "This collaboration reinforces our shared commitment to delivering the most robust technology on the market for eliminating the billions of dollars wasted each year in operational inefficiencies." Through this partnership, hosts and property managers get a holistic and seamless platform to automate and streamline their entire operations, from guest acquisition to check-out and cleaning management. Now, anyone can sign up for Jurny’s free single-click Airbnb connection, GPT-4 powered property management system (PMS) and gain instant access to Turno's best-in-class cleaning management software to effortlessly source cleaning professionals, schedule cleanings, track inventory, and manage cleaner communications. The powerful integration delivers lightning-fast booking updates, reliable connection stability and up-time, and significant guest and reservation data; all managed from Jurny’s easy-to-use dashboard. "This collaboration unlocks exciting access and benefits for short-term and vacation rental hosts across the globe," said Assaf Karmon, CEO and co-founder of Turno. “Jurny and Turno users will enjoy a single access point to simplify, automate, manage, and grow their short-term rental businesses.” To discover more about Jurny, experience the power of its new AI tools, and explore the integrated benefits of Turno’s automated cleaning management solution, visit Jurny.com. For more information on Turno and its mission to solve cleaning for the vacation rental industry, visit Turno.com About Jurny, Inc Jurny is the world’s leading vertically integrated, AI-powered property management solution transforming hotels and short-term rental hosts' operations. Founded in 2019 and backed by renowned VC firms Mucker Capital, Okapi Venture Capital, VITALIZE Venture Capital, Singularity Capital and SaaS Venture Capital, Jurny is streamlining processes, reducing operational costs, and delivering unparalleled customer satisfaction for the $4.7 trillion global hospitality industry. About Turno Turno's SaaS platform and Cleaner Marketplaces help vacation rental operators schedule, pay, and find cleaners. Features include auto-scheduling, auto payment, in-app chat, photo checklists, reporting tools, and other easy-to-use quality assurance solutions to simplify and automate recurring property services. Offering 24/7 live customer support and available in six languages, Turno syncs guest calendars from all major booking platforms and 20+ channel managers and property management systems. Turno's localized Cleaner Marketplaces include vetted STR service providers across the United States, Canada, the United Kingdom, Europe, and beyond.

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Travel Technology

Leading Hospitality SaaS Platform Craftable Announces Strategic Investment from Private Equity Firm Gauge Capital

prnewswire | July 27, 2023

Craftable, the hospitality industry's leading SaaS platform, is proud to announce that it has partnered with Dallas, TX-based private equity firm Gauge Capital to provide growth funding and capitalize on industry opportunities. This strategic investment further enhances Craftable's position at the forefront of cutting-edge technology shaping the hospitality industry. "We are excited to partner with Gauge for the next chapter of Craftable's growth. We look forward to leveraging the resources and support from an investment partner with significant enterprise software expertise while maintaining our relentless focus on the customer experience that has always been at the core of Craftable's success," said Samuel Zats, Co-Founder and CEO of Craftable. "Gauge's growth investment in the business and aligned focus on supporting our customers will help us to accelerate our product innovation, execute our sales strategy and further build our impact in the market." Craftable's innovative technology solutions equip restaurant, bar, hotel and hospitality operators with intuitive and easy-to-use tools that can help them make strategic decisions based on real-time data to drive sales and reduce costs. Its leading hospitality management SaaS platform allows for seamless back-of-house automation and management. By providing operators with procurement, inventory tracking, recipe cost management, accounts payable automation, scheduling and analytics solutions, they can use this critical data to boost revenue while successfully lowering pour costs by 3-5% and food costs by 2-3%. Today, Craftable has over 50,000 monthly active users, with more onboarding every day. Craftable serves thousands of hospitality industry operators and partners with some of the most prominent names in hospitality. "Craftable has a distinguished reputation in the hospitality sector, enterprise-grade capabilities, and a highly scalable technology platform," said Tom McKelvey, Co-Founder and Managing Partner at Gauge Capital. "We couldn't be more excited to partner with the Craftable team to realize our shared vision for the future of hospitality innovation." As part of the investment, Tom McKelvey, Garrett Fair, and Sam Yang from Gauge Capital have joined Craftable's Board of Directors. TI Partners served as financial advisor on the transaction. For more information about Craftable, visit craftable.com. For more information about Gauge Capital, visit www.gaugecapital.com. About Craftable Craftable is a technology platform provider that seamlessly connects purchasing, recipes, inventory, sales, accounting, and analytics to create operator success in the hospitality, food, beverage, and entertainment industries. Craftable's best-in-class Foodager and Bevager management systems allow operators to access product supplies, invoices and purchasing procurement at their fingertips while integrating with 60+ POS and financial systems to provide real-time data on how product cost increases, variances, and labor affect their bottom line. Founded in 2015 and designed by Silicon Valley tech experts and hospitality veterans, Craftable seeks to equip businesses with the next-level technology needed to operate more efficiently, reduce inventory costs, and take control of revenue in ways they weren't able to before. Craftable partners with some of the most prominent operators in hospitality, such as José Andrés, Tao Group Hospitality, bartaco, Major Food Group, Front Burner Society Brands and Kimpton Hotels. About Gauge Capital Gauge Capital is a leading middle-market private equity firm based in Southlake, Texas. Gauge invests in five key sectors: business services, food & consumer, government & industrial services, healthcare, and technology. The Firm manages more than $2.0 billion in capital, and in 2020, 2021 and 2022, Inc. Magazine named Gauge one of the top private equity firms for founders. In 2021, 2022, and 2023 Gauge was also named to the Top 50 PE Firms in the Middle Market by Grady Campbell. In 2022, Gauge ranked in the top 5 out of 517 private equity firms in the HEC Paris – Dow Jones Small-Cap Buyout Performance Ranking.

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Features and Advice

Amadeus and Emburse to Simplify Travel and Expense for Global Enterprises with Strategic Partnership

businesswire | June 29, 2023

Leading travel technology company Amadeus and Emburse, the global leader in spend optimization, are joining forces through a strategic partnership to better address the business travel demands of global enterprises. The partnership will ensure a seamless experience from trip planning and booking, through to expense reporting, reconciliation, reimbursements and spend analytics. This relationship delivers more choice to enterprises that are looking for an integrated suite of modern, sophisticated travel spend management tools, without having to compromise on quality by being tied to a single vendor. Amadeus and Emburse can now deliver a fully integrated solution to new customers, as well as offering each other’s solutions to current customers. Amadeus will promote Emburse Chrome River as a recommended integrated expense management offering to corporations in the United States and specific markets in Europe (UK, Scandinavia and Benelux), while Emburse will add Cytric Travel and Cytric Easy for Microsoft Teams to its portfolio of travel spend optimization solutions. “Emburse and Amadeus have had data integrations for some time, and we share a number of high-profile customers, but with this partnership, we’re really taking things to the next level,” said Eric Friedrichsen, CEO of Emburse. “The two companies offer a number of complementary solutions that span the entire business travel journey. This relationship enables us to empower global enterprises with state-of-the-art tools that offer greater simplicity for their end-users, while creating value for the enterprise through greater visibility and more efficient travel spending.” Through the global reach of this partnership and their commitment to innovation, Amadeus Cytric Solutions and Emburse can now offer a compelling alternative that not only meets the travel and expense (T&E) requirements of global enterprises with complex travel programs but also elevates the impact to a global business through the enablement of travel analytics, travel companion apps and integrated card programs. “This partnership enables us to go beyond managing travel booking and expense. By leveraging our two companies’ complementary strengths, we are greatly enhancing the traveler’s digital and mobile experience and corporations’ travel spend and policy management throughout the entire travel journey. All of this will enable corporations to optimize their travel spend in terms of cost, carbon emission and productivity collaboration,” said Rudy Daniello, Executive Vice President, Amadeus Cytric Solutions. The two companies will continue working together to collaborate and innovate in building end to end spend management. About Amadeus Travel powers progress. Amadeus powers travel. Amadeus’ solutions connect travelers to the journeys they want through travel agents, search engines, tour operators, airlines, airports, hotels, cars and railways. We have developed our technology in partnership with the travel industry for over 30 years. We combine a deep understanding of how people travel with the ability to design and deliver the most complex, trusted, critical systems our customers need. In 2019, we helped connect over 1.9 billion people to local travel providers in over 190 countries. We have a global mindset and a local presence wherever our customers need us. Our purpose is to shape the future of travel. We are passionate in our pursuit of better technology that makes better journeys. Amadeus is an IBEX 35 company, listed on the Spanish Stock Exchange under AMS.MC. The company has also been recognized by the Dow Jones Sustainability Index for the last eleven years. About Emburse Emburse is a modern spend management company offering solutions that revolutionize the way organizations manage employee expenses, process invoices and make payments. Emburse humanizes work by empowering business travelers, finance professionals, and CFOs to eliminate manual, time-consuming tasks, so they can focus on what matters most. Its innovative offerings, which are tailored to meet the unique business needs of specific industries, company sizes, and geographies, are trusted by more than 9 million users in more than 120 countries. Over 18,000 customers, from start-ups to global enterprises, including Bosch, Grant Thornton, Telefónica, Lufthansa Systems, and Toyota, rely on Emburse to make faster, smarter decisions, improve compliance, and optimize spend -- making corporate spend deliver meaningful value for the organization. Emburse is recognized as a leader in expense management and accounts payable automation by analyst firm IDC, and has received multiple awards for innovation and its high levels of customer satisfaction.

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