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BEONPRICE RAISES
€ 2.5 MILLION
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Beonprice is one of Europe ’ s fastest-growing
B2B hospitality travel technology companies .
Beonprice , a European B2B hospitality travel technology companies , closed a Series A funding round of € 2.5 million ( US $ 2.8 million ) with venture capital
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fund Adara Ventures as lead investor . The company , headquartered in Salamanca , Spain , will use the funds to enhance its product team , strengthen its position in Spain and Latin America , and expand throughout Europe .
“ Our aim is to lead and transform the revenue management strategy in the hospitality sector with artificial intelligence technology
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, which will help us double the product team and expand internationally ,” says Rubén Sánchez , co-founder and CEO .
Beonprice expects its customer base to more than double in the next three years as hoteliers seek revenue management tools to improve distribution and booking productivity , and manage complex rate calculations .
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WMF APPOINTS NEW CEO Following the retirement of former Chief Executive Officer Volker Lixfeld , WMF named Oliver Kastalio CEO . Kastalio spent nearly 20 years of his career at Procter & Gamble in various positions related to marketing , sales , M & A and management . In 2005 , he became managing director of the Global Prestige Products
Oliver Kastalio is chief executive officer of WMF . division , based in Geneva , Switzerland , which he expanded into a € 2 billion ( US $ 2.2 billion ) global consumer business . In 2010 , Kastalio joined the Rodenstock Group in Munich , as chairman of the executive board and CEO . In the past nine years , Kastalio successfully realigned the company for the future and left a business delivering growth and profitability .
HOTELSIGNS . COM NAMES CHARITY
CONTEST WINNER
Hotelsigns . com donated US $ 5,000 to The HealthWell Foundation , the winner of Hotelsigns . com ’ s third annual Charity Voting Contest . Voters were asked to choose their favorite charity from a field of five nominees . The HealthWell Foundation , a nonprofit that provides financial assistance to underinsured Americans with chronic and lifealtering conditions , received 46 % of the vote . Hotelsigns . com also donated US $ 1,000 to the four other nominated charities .
LG BUSINESS SOLUTIONS , INDEPENDA PARTNER Remote engagement and care pioneer Independa licensed video conferencing technologies to LG Business Solutions USA for use with commercial TVs and digital signage displays .
Independa licensed video conferencing technologies to LG Business Solutions for use with commercial TVs and digital signage displays .
The worldwide agreement between LG Electronics and Independa aims to transform how organizations and people engage in video conferencing on commercial displays across a wide range of hospitality and health care applications , according to LG Electronics , which notes that hotel guests can now enjoy all the benefits of a simplified , fully integrated video conferencing experience on LG commercial TVs . More information is available on LGsolutions . com and independa . com .
56 hotelsmag . com March 2020