Hospitality Archives - Page 2 of 30 - CREtech

CRETECH February 22, 2018
The Latest and Greatest By Anca Gagiuc on Feb 22, 2018 in Technology At the beginning there were fitness wearables. They slowly transgressed into fashionable wearables and now can be seen in many industries. These days, the tiny devices, once strapped around the wrist, can be found all over one’s body, including on your fingernails. “We’re seeing lots of not obvious usage scenarios, but once...
CRETECH February 22, 2018
Ask Harvey Hernandez about his upcoming real estate project in Kissimmee, Florida, and he’ll respond with the easy charm and outsized boasts endemic to his industry. The 324-unit complex near central Florida’s Disney World, the first of a string of tourism-related developments springing up across the U.S. under the Niido brand name, will merely “change the way people live.” “It’s the r...
CRETECH February 21, 2018
Over $5 billion was invested in real estate technology in 2017. The sector has strong momentum, and according to Matt Harris from Bain Capital Ventures, we are entering the third wave of real estate technology:  The businesses that define the emerging third phase of real estate technology are likely to look more like the earliest technology businesses in the space- more complementary than competi...
CRETECH February 20, 2018
A venture capital group, including hotelier Barry Sternlicht, invested in a San Francisco-based company that works with developers who set aside blocks of apartments for short-term rentals. The group, which also included Fifth Wall Ventures and New Enterprise Associates, made a $15.5 million Series A equity investment in AJJK Inc., the Wall Street Journal reported. The company, which is soon to be...
CRETECH February 20, 2018
So bad is London’s housing crisis, which sees house prices make homeownership a pipe dream for many, a 2015 report by PWC reckons that by 2025 more than half of under 40 year olds will be living into rental properties. The answer, of course, is to build more affordable and/or social housing, but that hot political potato is continually kicked to into the long grass and, even at its most optimist...
CRETECH February 16, 2018
H-E-B has acquired Favor, the on-demand delivery service out of Texas. Favor will continue to operate as an independent wholly-owned subsidiary of the grocery chain. The company first launched in 2014 at SXSW, bringing a Texas-tailored approach to on-demand delivery. While many on-demand services, such as Postmates, focus on high-density areas like NYC and San Francisco, Favor built a product that...
CRETECH February 15, 2018
betaworks, the 10-year-old startup studio out of NYC, is today introducing a brand new business in the form of betaworks Studios. Think of betaworks Studios as a membership club for builders, offering entrepreneurs, artists, enginneers/developers, and creatives the space to work on their projects and get to know one another. Builders is the word that betaworks uses to describe its core demographic...
CRETECH February 15, 2018
If you have purchased a drone in the last year or two, there’s a high likelihood that it only emerges from your gadget closet a few times per year, if that. That probably doesn’t leave you feeling too great about your purchase, but it also leaves an expensive piece of professional equipment lying dormant that a lot of people could use. DroneBase is a startup that connects drone users with comm...
CRETECH February 14, 2018
Homesnap is a productivity and marketing app for real estate agents. The startup just announced a $14M Series B led by Updata Partners. The startup claims that around 75% of the real estate agents in the United States are using the Homesnap product. The startup is one of the leaders in the real estate industry trend toward verticalized software solutions for brokers.  For consumers, Homesnap offe...
CRETECH February 14, 2018
Our friends at 43North are looking to invest up to $1M in promising startups that are willing to relocate to Buffalo, NY. 43North has crowned 37 winners of their startup competition since coming on the scene as part of Governor Andrew Cuomo’s Buffalo Billion initiative in 2014, and alumni of the program have gone on to raise more than $70 million in follow-on funding. See their portfolio here....