Tag: hotel management

  • Canary Secures $80M Funding for Hotel Tech

    Canary Secures $80M Funding for Hotel Tech

    Canary Raises $80M to Revolutionize Hotel Management

    Canary, a leading hotel management platform, recently announced an $80 million Series D funding round. YC and Insight Partners spearheaded this investment, signaling strong confidence in Canary’s vision for the future of hospitality technology.

    What Canary Offers

    Canary’s All‑in‑One Hotel Tech Suite 🏨

    Canary offers a unified software platform that modernizes every phase of the guest journey. Below are its key tools and benefits:

    1. Pre‑Stay Tools

    2. In‑Stay Enhancements

    • Guest Messaging & AI Chat: Engage guests via SMS and WhatsApp, using AI bots to handle FAQs and reduce front desk calls promptloop.com
    • AI Voice Assistants: Handle booking calls, central reservations, and concierge requests—even when staff are busy youtube.com

    3. Checkout & Post‑Stay Features

    • Contactless Checkout: Guests leave digitally, freeing up housekeeping and staff resources canarytechnologies.com
    • Digital Tipping: Mobile tipping boosts staff income by up to $3/hour and improves morale exploretech.io
    • Review Automation: Canary prompts satisfied guests to share reviews, increasing 4‑ and 5‑star ratings—up to 350% in some cases canarytechnologies.com

    Security & Revenue Tools

    PCI‑Level Compliance and Deep PMS Integration ensure seamless workflows and secure payments promptloop.com

    Fraud and Chargeback Prevention: Proprietary verification reduces chargebacks by up to 90% canarytechnologies.com.

    • Digital check-in and check-out
    • Guest messaging and communication
    • Upselling and revenue management
    • Contactless payments
    • Real-time data analytics

    Impact on the Hotel Industry

    Canary’s platform helps hotels to:

    • Improve operational efficiency: Automate tasks and reduce manual workload
    • Enhance guest satisfaction: Provide personalized and seamless experiences
    • Increase revenue: Optimize pricing and upselling strategies
    • Gain data-driven insights: Make informed decisions based on real-time analytics

    Funding Use and Future Plans

    Canary plans to utilize the new capital to accelerate product development, expand its market reach, and further invest in customer success initiatives. This funding will enable Canary to:

    • Enhance existing features and functionalities
    • Develop new innovative solutions for the hospitality industry
    • Expand into new geographic markets
    • Scale its customer support and onboarding teams