The funding round was spearheaded by venture capital firm Headline, with notable participation from True, Simon Capital, and returning backer Souschef Ventures.
Users can book tables at their preferred restaurants, select time slots, specify party sizes, and include special dietary requirements or ambiance preferences, creating a more tailored dining experience.
Although overall usage remains limited, 96% of travelers who have used AI for trip planning reported being satisfied with the experience, and 84% said they plan to use it again for future travel.
This modest profit growth came despite a 1.7% drop in total revenues, which fell to US$560.9 million from US$570.7 million in the prior year.
The property features two upscale restaurants with varied dining options, a chic bar ideal for both socializing and business meetings, a relaxing spa, an outdoor pool, and contemporary conference rooms designed for corporate events.
The AI-driven sales forecasting tool uses historical sales, ordering, and labor data, along with external factors such as seasonality and holidays, to deliver highly accurate projections.
IHG continues to maintain a strong development pipeline, with around 2,276 hotels and 338,000 rooms set to open soon, further strengthening its global presence.
Brand performances varied, with Burger King’s US same-store sales rising 1.5% and its international operations posting a 4.1% increase.
The platform simplifies the process for customers to personalize their digital orders via Taco Bell’s app and website.
The company grew its international presence by launching 871 new outlets, marking a 3% rise in its overall location count.