prnewswire | July 18, 2023
AirDNA, a leading short-term rental (STR) data provider, announced today the acquisition of the pioneering location intelligence platform Arrivalist. This strategic acquisition marks an important milestone in AirDNA's commitment to elevating the standard of data-driven decision-making within the hospitality industry. AirDNA and Arrivalist will sit within predictis, a family of leading software-enabled data businesses. predictis is a portfolio company of Alpine Investors, a people-driven private equity firm that invests in software and services businesses.
"By welcoming Arrivalist to AirDNA, we're accelerating our growth trajectory and reinforcing our commitment to delivering industry-leading insights to our customers. The union of our powerful data platforms will provide businesses with unrivaled intelligence, empowering them to strategize with increased precision," said Demi Horvat, AirDNA's CEO.
AirDNA's acquisition of Arrivalist also marks a key next step in predictis' journey to build a world-class investment and operating platform for data founders and entrepreneurs. "AirDNA's acquisition of Arrivalist represents a blueprint for continued add-on acquisitions to supplement organic growth and capitalize on derived data opportunities from adjacent data sets," said Jean-Marc Levy, CEO of predictis.
Arrivalist pioneered the use of location data in the travel industry, using its patented technology to create bold insights into the way travelers interact with destinations. The company's Calibrated Data, Arrival Lift, and other proprietary technologies have won the trust of 200+ travel marketers in 46 of the 50 states since its inception in 2011.
In addition to the expanded insights gained, the acquisition unites two highly talented teams. AirDNA and Arrivalist both possess exceptional technical talent, including data scientists, data engineers, and account managers with deep industry expertise. The integration of these teams will propel the development of state-of-the-art solutions that meet the evolving needs of the industry.
"We're delighted to join with AirDNA to bring customers even more insights, resources, and innovative products. Bringing together these two powerhouses creates tremendous opportunities for future growth and continued innovation," commented Cree Lawson, CEO of Arrivalist. "This partnership with AirDNA and predictis will create unprecedented new value for our customers."
AirDNA and Arrivalist have already established themselves as integral players in guiding decisions for Destination Marketing Organizations (DMOs), hotels, and other customers. The acquisition is expected to bring customers access to a broader range of products and services, improved support and expertise, and enhanced innovation. Customers of both companies can expect a seamless transition during the integration process.
Cosine Group served as the financial advisor to Arrivalist.
AirDNA is a global authority in short-term rental data, offering comprehensive insights and analytics to empower businesses in the short-term rental industry. AirDNA helps vacation rental hosts, managers, and investors make smarter decisions in any market or economic climate. For every short-term rental question, AirDNA has the answer.
Arrivalist is a leading location intelligence platform in the travel industry. The company uses mobile location datasets to provide actionable insights on consumer behavior, competitive share, media effectiveness, and market trends. Over 200 travel marketers, including 100 cities, 40 US states, and 4 of the top 10 US theme parks, use these insights to inform media strategy, operations, and destination development.
predictis is Alpine Investors' data software business platform. It is the home for data founders and entrepreneurs who seek to scale their businesses as they set out to democratize data and unlock its transformative power. predictis is founded on the thesis that aggregating vertical software-enabled data businesses will unlock significant value for acquired businesses and generate above-average business results. predictis seeks to acquire, operate, and grow leading data software businesses across multiple industry verticals. Founders and data companies interested in learning more about partnering with predictis should contact James Reaney or Pat Eble at email@example.com or firstname.lastname@example.org. For more information, visit www.predictisdata.com.
About Alpine Investors
Alpine Investors is a people-driven private equity firm committed to building enduring companies by working with, learning from, and developing exceptional people. Alpine specializes in investments in the software and services industries. Alpine's PeopleFirst strategy includes a talent program that allows Alpine to bring leadership to situations where additional or new management is needed post-transaction. Alpine has over $15 billion in assets under management as of March 31, 2023 and has three offices in San Francisco, New York, and Salt Lake City. For more information, visit www.alpineinvestors.com and https://www.alpineinvestors.com/terms-of-use/ for full disclaimers including, but not limited to, third-party reviews and Alpine Operations Group.
businesswire | July 13, 2023
Enjoy the Land of Enchantment in the newly redesigned guest accommodations at the Embassy Suites by Hilton Albuquerque. Operated by award-winning Atrium Hospitality, our centrally located hotel in downtown Albuquerque, New Mexico, has completed a four-phase, multimillion-dollar transformation of all 261 two-room guest suites. Alpharetta, Georgia-based Atrium Hospitality, one of the nation’s largest hotel operators, manages a portfolio of more than 80 hotels in 28 states and approximately 3 million square feet of event space.
The Embassy Suites by Hilton Albuquerque’s tastefully updated guest suites and bathrooms — including a presidential suite — feature new furniture and fixtures in a modern style. Attractive textile coverings and wall art in an inviting color palette of gray, white, and hues of apricot and brown complement Albuquerque’s natural beauty. Each two-room suite features new 55” televisions, luxurious bedding, a mini-refrigerator, a microwave, a large desk, WiFi, and a full-size sofa bed in a separate living area. This Embassy Suites offers a premium upgrade to Pure Wellness suites, which incorporate science and technology to treat the surface and air in rooms, creating a wellness environment.
“We’re excited to offer freshly renovated guest accommodations at the Embassy Suites by Hilton Albuquerque as our full-service hotel continues to serve as a hospitality staple in downtown Albuquerque,” said Steve Ator, Vice President, Operational Strategies West Region, Atrium Hospitality. “Our guests and team members are enjoying the new, modern look of our hotel’s transformed spaces and appreciate the beauty and comfort of our redesigned guest suites.”
Plentiful Space to Gather
The Embassy Suites by Hilton Albuquerque features 30,000 square feet of flexible event space comprised of 19 meeting rooms that are A/V capable. Our hotel’s more than 12,000-square-foot Sandia Ballroom, named after the area’s scenic Sandia Foothills Open Space, can accommodate up to 1,500 guests. Our experienced events team is ready to help plan the ideal gathering.
Our full-service Embassy Suites is one mile from the Albuquerque Convention Center and the University of New Mexico and three miles from the Albuquerque International Airport. Several popular area attractions are nearby.
Serving With Atrium SPIRIT
Atrium Hospitality’s six core values of Service, Perseverance, Inclusion, Respect, Innovation and Teamwork guide the Atrium SPIRIT for creating a welcoming environment for all, encouraging the personal and professional growth of the company’s Associates, and being a responsible community partner. Atrium Hospitality supports the American Hotel & Lodging Association’s (AHLA) Responsible Stay environmental initiative, which complements Atrium’s commitment to preserving the planet’s natural resources and being efficient in the operations of the company’s properties nationwide. The Embassy Suites by Hilton Albuquerque participates in LightStay, Hilton’s award-winning, comprehensive platform to measure and manage energy, water and waste.
Atrium-managed properties nationwide are proud to take part in Project SEARCH, a school-to-work program for students with intellectual and developmental disabilities, with numerous program graduates hired by our hotels. Five participants recently graduated from the Project SEARCH program hosted at the Embassy Suites by Hilton Albuquerque, and six program participants are slated to begin at our hotel in fall 2023. In addition, the Embassy Suites by Hilton Albuquerque conducts monthly volunteer service with a range of causes, including community cleanup projects and food drives for a local food bank, among others.
“For 18 years, the Embassy Suites by Hilton Albuquerque has served as a collaborative community partner in New Mexico’s largest business center,” said Scott Cape, Area General Manager, Embassy Suites by Hilton Albuquerque. “We strive to grow hospitality career journeys and are excited to have been recognized in the New Mexico Top Workplaces 2023.”
Scott continued, “The redesign of all of our guest suites was inspired by New Mexico’s remarkable beauty. Our renovated spaces create an inviting atmosphere to work or relax and offer views of Albuquerque’s wonders.”
Located at 1000 Woodward Place NE in Albuquerque, New Mexico, the Embassy Suites by Hilton Albuquerque all-suite hotel offers two-room suites; a free made-to-order breakfast; a complimentary evening reception with drinks and snacks; a business center; a 24-hour fitness center featuring a Peloton® bike; an on-site restaurant, lounge and café; room service; and an indoor pool. The Embassy Suites by Hilton Albuquerque is part of the Hilton Honors award-winning guest-loyalty program, which offers Digital Key for accessing your guest room. For more information, to make a booking, or to schedule an in-person or virtual tour, call (505) 245-7100, go to the hotel’s website, or connect with the hotel on Facebook.
About Atrium Hospitality
Atrium Hospitality is ranked as one of the nation’s largest hotel operators. Headquartered in Alpharetta, Georgia, the company manages a portfolio of 82 hotels in 28 states, representing well-known brands such as: Hilton, Marriott, IHG, and Wyndham, among others. Atrium operates 20,463 guest rooms/suites and approximately 3 million square feet of event space. Atrium Hospitality’s six core values of Service, Perseverance, Inclusion, Respect, Innovation and Teamwork guide the Atrium SPIRIT for creating a welcoming environment for all, encouraging the personal and professional growth of the company’s Associates, and being a responsible community partner. Atrium is conserving the planet’s natural resources and being more efficient in support of the company’s commitment to sustainability, all while providing exceptional guest experiences. In 2022, Atrium Hospitality added another Atlanta Top Workplaces win to the company’s accolades and celebrated being recognized by The Atlanta Journal-Constitution for a second year. Atrium supports a range of civic and community activities, and Atrium-managed properties nationwide are proud to take part in Project SEARCH, a school-to-work program for students with intellectual and developmental disabilities.
globenewswire | July 26, 2023
Sonder Holdings Inc a leading next-generation hospitality company that is redefining the guest experience through technology and design, has launched its first hotel collection, Powered by Sonder.
Powered by Sonder is a collection of uniquely designed boutique hotels, powered by Sonder’s technology and operated by Sonder. These hotels are infused with local flair, and have their own distinctive design aesthetic.
In common with Sonder’s wider portfolio of hotels and multi-unit apartment properties, Powered by Sonder hotels are located in the center of key travel destinations and provide app-enabled modern service, thoughtful amenities, and consistent high quality.
23 Sonder hotels across 13 markets are part of the Powered by Sonder collection, with new properties expected to be added. Among them are Atala in Paris, Chambers in New York City, and Yelo Jean Médecin in Nice.
“Hotels make up a significant and growing part of our portfolio. The Powered by Sonder collection offers authentic, local stays in the heart of vibrant neighborhoods – at global scale and with the consistency and quality that our guests expect. Each hotel has a strong design perspective, which is distinct from Sonder’s core design aesthetic, while featuring our seamless, app-driven service. Many have unique features for our guests to discover, including on-site food and beverage outlets,” said Francis Davidson, Co-Founder and CEO at Sonder.
Powered by Sonder hotels can be booked on Sonder.com, in the Sonder app, and via online travel agent partners in the same way as Sonder’s wider portfolio.
“Hotels in the Powered by Sonder collection benefit from our proprietary technology and operational expertise, and existing boutique hotels can be efficiently integrated into our portfolio. We’re continuing to expand and diversify our portfolio, with hotels and resorts in both our Powered by Sonder and wider collection, in addition to multi-unit apartment properties,” said Martin Picard, Co-Founder and Chief Real Estate Officer at Sonder.
Sonder operates in 40+ markets across ten countries, and has approximately 18,200 live and contracted units worldwide as of Q1 2023. The company distinguishes itself in the hospitality industry through modern design and by using technology to deliver a frictionless guest experience at a lower cost structure. The Sonder app puts guests in full control of their stay – from booking, to interacting with guest services, to check-out – via their own mobile device.
Sonder recently announced expansion in EMEA and Florida, and shared that over a third of its properties are in the top 10% of Tripadvisor listings.
Sonderis revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments found in over 40 markets spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all.