Page 3 - Opera Cloud News Today

Katanox, the transparent B2B marketplace for travel accommodations and travel sellers today announced a new integration with Oracle Hospitality, the worlds largest hospitality management platform. With this integration, the Oracle Opera Cloud customers can freely and without additional costs distribute their inventory directly with new travel sellers.

With travel demand accelerating rapidly, the hospitality industry is experiencing a new major challenge: labor shortages resulting in sharply rising labor cost in the U.S., which consumed as much as 87% of RevPAR (CBRE) in Q1, 2021.