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Thynk raises $13 million Series A

Boutique Hotel News

Belgium: Hotel sales and operations platform Thynk has completed a $13 million Series A funding round led by European venture capitalist firm Singular. The Series A funding will fuel Thynk’s research and development efforts as well as its global expansion.

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See the latest tools of the trade with Hospitality’s equipment roundup

Hospitality Magazine

Hoshizaki Hoshizaki is a proud provider of complete commercial refrigeration solutions and ice makers, showcasing an expansive selection to meet diverse business needs. The FM series covers the Flake and Nugget ice makers that are versatile machines suited to restaurants, hotels, and food-processing facilities. “The jllennard.com.au

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Brand activation platform Way raises $20m Series A

Boutique Hotel News

US: Technology platform Way , which enables hotels to provide experiences through local partnerships, has closed $20 million in Series A funding at a valuation of $100 million. The platforms helps businesses to curate and offer experiences, local events, and brand activations. Way, headquartered in Texas, first launched in May 2020.

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House Made Hospitality on staffing, diner opportunities, and remaining agile

Hospitality Magazine

The following series is filled with valuable insights from the country’s leading operators – think Lucas Restaurants, Solotel, House Made Hospitality, and six other groups on everything from milestone moments to the impact of the cost-of-living crisis, what they’re tipping will be big in 2024, and the current staffing landscape.

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Mews closes $185m Series C round

Boutique Hotel News

Czech Republic: Hospitality technology provider Mews has raised $185 million in Series C funding led by equity investment company Kinnevik and the growth equity business with Goldman Sachs. At the same time we’re seeing a very changed industry that’s embracing technology to modernise and streamline their operations.

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MCR Completes Sale of Residence Inn by Marriott Philadelphia Langhorne

Lodging Magazine

Since the beginning of 2023, MCR has completed a series of dispositions totaling seven hotels for gross proceeds of $174 million, or $210,000 per key. By completing its business plan, MCR doubled the hotel’s net operating income throughout its ownership. million, or $221,000 per key.

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How F&B Companies Can Mitigate Some of the Industry’s Biggest Risks

Modern Restaurant Management

In fact, according to the Business Research Company’s 2023 Food and Beverages Global Market Report, the global industry’s market size grew over 7.3 Given its expanding market share, it’s become increasingly critical for businesses to plan for and be aware of some of the industry’s greatest risks of disruption.