Stayflexi: Transforming the Indian Hospitality Landscape

Stayflexi: Transforming the Indian Hospitality Landscape

By Nishang Narayan

Published on July 12, 2024


Stayflexi, a Y Combinator-backed company, has emerged as a trailblazer in the hotel technology industry, rapidly gaining international acclaim. With a presence in over 2,400 properties worldwide, Stayflexi is revolutionizing hotel management with its all-in-one platform designed to optimize operations and boost revenue. This rapidly growing startup is now celebrating significant success in India, where it is substantially impacting the hospitality sector.

Industry Professionals

India’s hotel industry is on the cusp of a transformative era, driven by increasing domestic travel and a projected annual growth rate of 10 percent. However, this growth is hampered by outdated hotel technologies, even in prestigious 4-star and 5-star establishments. Stayflexi addresses this challenge head-on by modernizing the entire hotel technology stack, providing a comprehensive, efficient, and innovative solution.

Celebrating Success Across 2,400 Properties with 50,000 Rooms

Stayflexi’s AI-powered all-in-one hotel technology platform is widely adopted by ambitious hoteliers and state government tourism boards throughout India. This includes various segments such as resorts, hotels, luxury villas, boat houses, camping, and glamping sites. Notable clientele leveraging the Stayflexi platform include the Isha Foundation, Maharashtra Tourism Development Corporation (MTDC), and Tamil Nadu Tourism Development Corporation (TTDC). With over 50,000 rooms modernized across 2,400 properties, Stayflexi is making waves in the Indian hospitality industry.

The Future of Indian Hospitality

The Indian hospitality industry is poised for rapid growth in the next five years, driven by a surge in domestic travel. Modernizing hotel technologies is imperative to sustain and accelerate this growth. Stayflexi’s platform optimizes operational costs and generates additional revenue through its AI-powered price intelligence. This results in instant benefits, such as increased direct bookings from day one.

The All-in-One Solution: Stayflexi’s Product Hubs

Stayflexi’s platform is divided into four primary hubs, each designed to address specific needs within the hospitality industry:

  1. Operations Hub The Operations Hub includes a Property Management System (PMS), Point of Sale (POS), Expenses Manager, and Inventory Manager. These tools automate 70 percent of manual tasks, significantly reducing operational costs and enhancing efficiency.

  2. Sales Hub The Sales Hub comprises a Market Intelligence (MI), Channel Manager (CM), Booking Engine (BE), Revenue Manager (RM), and Direct Billing products. These tools are designed to boost hotel revenues by 35%, with some properties experiencing increases of over 50 percent.

  3. Guest Hub The Guest Hub offers products like Magic Link, QR Kiosk, Guest Reviews, and Guest Messaging. These tools streamline guest interactions, from check-ins to reviews, providing a seamless and enhanced guest experience.

  4. Payments Hub The Payments Hub includes Flex Collect, Flex Pay, Flex Settle, and Flex Protect products, which automate end-to-end hotel payments and reduce cancellations, ensuring smooth financial operations.

image

Empowering Hoteliers with Cutting-Edge Technology

Stayflexi’s platform leverages AI and advanced analytics to empower hoteliers with data-driven insights and automation. This approach enhances operational efficiency and provides hoteliers with the tools needed to stay competitive in a rapidly evolving market. By adopting Stayflexi’s technology, hotels can optimize their pricing strategies, manage inventory more effectively, and provide exceptional guest experiences.

A Bright Future Ahead

Mr. Venkatesh Sakamuri, CEO and Co-founder of Stayflexi says, “As India continues to capture a significant share of the global travel market, Stayflexi is well-positioned to play a crucial role in this growth.”

Mr. Preetam Mohan Shetty, CTO and Co-founder of Stayflexi says, “The company’s commitment to innovation and customer-centric solutions has already earned it a loyal client base and industry recognition.”

"Our hustling culture at Stayflexi empowers us to constantly push beyond boundaries, innovate relentlessly, and deliver exceptional solutions that transform the hospitality industry. We thrive on challenge and are driven by our commitment to excellence," said Krishna Sasank Talasila, CIO and Co-founder.

Stayflexi aims to expand its presence further across India, partnering with more properties and state tourism boards to drive modernization and growth. Stayflexi’s success in India is a testament to its innovative approach and commitment to transforming the hospitality industry. By modernizing hotel technologies and providing comprehensive solutions, Stayflexi is empowering hoteliers to achieve new heights of success. As the Indian hospitality industry continues to grow, Stayflexi’s cutting-edge platform will undoubtedly play a pivotal role in shaping its future. Hoteliers and hospitality professionals looking to stay ahead in this dynamic market should consider embracing Stayflexi’s technology to unlock new opportunities and drive sustainable growth.


HKSTP Leads Landmark Innovation Delegation at VivaTech 2025 in Paris

HKSTP Leads Landmark Innovation Delegation at VivaTech 2025 in Paris

By Nishang Narayan

Published on June 16, 2025

Hong Kong Science and Technology Parks Corporation (HKSTP) has made a powerful debut at VivaTech 2025, Europe’s premier startup and tech showcase, by leading a delegation of 18 of Hong Kong’s most promising innovators in AI, robotics, healthtech, greentech, and fintech.

The delegation was hosted at the Hong Kong Tech Pavilion, co-organised with Hong Kong Trade Development Council (HKTDC), highlighting a unified effort to bridge the innovation ecosystems of Hong Kong and France.

This milestone participation marks HKSTP’s mission of taking home-grown talent global and bringing international opportunities back to Asia. VivaTech provided an ideal launchpad to form meaningful partnerships and adapt breakthrough technologies for evolving global markets.

Standout Innovations from Hong Kong at VivaTech 2025:

  • Ailytics: Winner of the EDF Startup Challenge and named among the Top 30 VivaTech Innovations, thanks to its AI-powered video analytics for safety and efficiency in heavy industries.

  • AQUMON and Midas Analytics: Nominated as Top 12 FinTech Trail for their advanced AI-driven data solutions.

  • Imsight, OKOsix, and Vismed: Finalists in the Tech for Change Award, recognized for innovative strides in cancer diagnostics, biomaterials, and medical training, respectively.

Strategic Partnerships Formed:

  • Westwell Technology partnered with Logicor, a leading European logistics provider, to co-host an innovation showcase on autonomous driving and green logistics in Paris.

  • PointFit announced a collaboration with Kinomap, a French indoor-training platform, bringing wearable fitness tech to Europe.

Adding to this momentum, HKSTP signed a partnership agreement with Startup Genome, further committing to global ecosystem building through cross-border networking and innovation-centric events.

Hilda Chan, Chief Marketing Officer at HKSTP, shared,

“Hong Kong’s innovation scene is ripe with global potential. With deep connectivity, globally fluent talent, and trusted systems, we’re enabling new tech frontiers to rise from Asia, and VivaTech is a key milestone in that journey.”

image

The delegation arrives at a time when both France and Hong Kong are stepping up as global I&T leaders—France through its AI unicorn ambitions, and Hong Kong as the 2nd most innovative economy globally, according to WIPO.

To continue this global engagement, HKSTP is hosting EPIC 2025—the Elevator Pitch Competition—in November in Hong Kong. With US$100 million in targeted investment funding, and over 600 applicants from 47 economies in previous years, the competition is open for entries till 17 June 2025: https://epic.hkstp.org

About HKSTP

Founded in 2001, HKSTP has nurtured over 2,300 tech companies from 25+ countries, including 13 unicorns. It supports innovations across AI, healthtech, fintech, smart city, and more via its major hubs—Science Park, InnoCentre, and InnoParks in Hong Kong and its Shenzhen branch. With access to labs, funding, and global networks, HKSTP aims to anchor innovation as a pillar of Hong Kong’s economic future.

From Paris to Hong Kong, HKSTP is redefining how tech talent and ecosystems connect—and the world is watching.


RoomRaccoon Unveils RaccoonRev Plus: AI Revenue Co-Pilot for Independent Hotels

RoomRaccoon Unveils RaccoonRev Plus: AI Revenue Co-Pilot for Independent Hotels

By Nishang Narayan

Published on June 8, 2025

RoomRaccoon, a leading hotel management system trusted by independent hoteliers worldwide, has announced the launch of RaccoonRev Plus—a next-gen, AI-powered revenue management tool designed to deliver RMS-level pricing intelligence natively within the RoomRaccoon platform.

Tailored for small and mid-sized properties, RaccoonRev Plus helps bridge the gap between basic rule-based pricing models and complex Revenue Management Systems (RMS). The tool uses predictive AI and real-time data to offer daily rate recommendations up to 90 days in advance. It takes into account a wide range of signals including competitor pricing, weather forecasts, lead-time behavior, pickup pace, and historical trends to fine-tune hotel pricing strategy.

“Independent hoteliers have long been priced out of sophisticated revenue management technology,” said Tymen van Dyl, CEO of RoomRaccoon. “RaccoonRev Plus changes that. By embedding predictive pricing intelligence directly into our platform, we’re removing barriers and putting powerful, RMS-level tools into a system that hoteliers already know and trust.”

Designed as a ‘revenue co-pilot,’ the tool supports users with clear, AI-powered suggestions while keeping full control in their hands. Hoteliers can choose to act on insights at their own pace, with future updates offering full automation for those ready to go on autopilot.

“The idea of a revenue co-pilot is simple: you’re still in control, but you’re no longer flying solo,” van Dyl added. “We built the system to support hoteliers in stages, offering intelligent suggestions and giving users the confidence to gradually switch on autopilot when they’re ready.”

While revenue is the first frontier, RoomRaccoon views this as part of a larger AI roadmap.

“We’re moving toward a future where your HMS isn’t just a system — it’s part of your team,” van Dyl emphasized. “AI will make hotel operations more efficient by removing the friction of traditional workflows.”

RaccoonRev Plus is currently in beta testing with selected RoomRaccoon users, and the company anticipates a wider release later this year. Interested hoteliers can stay informed via RoomRaccoon’s website.

About RoomRaccoon

Founded in 2017 by a hotel owner and tech entrepreneur, RoomRaccoon is an award-winning cloud-based Hotel Management System. It offers a wide suite of tools that help hotels increase revenue, streamline operations, and enhance guest experience. With over 400 integrations, it’s among the most connected hospitality platforms on the market.


Kiğılı Selects Centric Software to Power Digital Retail Transformation

Kiğılı Selects Centric Software to Power Digital Retail Transformation

By Manu Vardhan Kannan

Published on May 30, 2025

Leading Turkish menswear brand Kiğılı has partnered with Centric Software to transform its retail planning and support its growth ambitions through digital innovation. Kiğılı has chosen Centric Planning, an AI-powered platform that offers end-to-end merchandise planning capabilities tailored for the fashion retail industry.

Founded in 1938, Kiğılı has built a solid presence in the menswear space with over 180 stores in Türkiye and more than 50 points of sale across 15 countries. With customers shopping across a mix of physical stores, e-commerce platforms, marketplaces, and wholesale channels, Kiğılı sought a digital solution to optimize its planning operations.

Until now, Kiğılı relied on Excel sheets and internal tools to handle store segmentation and SKU planning. However, managing these tasks manually limited the brand’s ability to scale efficiently. With Centric Planning, Kiğılı will now move toward a centralized, intelligent system that enhances allocation, store planning, and supply chain decisions.

 “Planning is the cornerstone of our business operations, and with Centric Planning, we are setting a solid foundation for future growth,” said Hüseyin Deveci, Supply Chain Director at Kiğılı. “This project is at the center of our digital transformation strategy.”

 The brand’s aim is to bridge pre-season planning with in-season execution, ensuring accurate purchasing, better product positioning, and timely replenishment. “This integration will allow us to respond more strategically and dynamically to market shifts,” Deveci added.

Following a rigorous evaluation of over 15 solutions, Kiğılı selected Centric Planning for its ability to unify planning workflows into one adaptable structure. “What impressed us was how Centric connects all planning phases seamlessly. It frees our teams to focus on strategic initiatives rather than manual tasks,” Deveci noted.

 “Kiğılı will benefit from a unified, intelligent platform that simplifies planning from start to finish,” said Fabrice Canonge, President of Centric Software. “We are proud to support Kiğılı in their transformation journey.”

The partnership marks a significant milestone for Kiğılı as it accelerates into a new era of digital retail excellence.

Stay up-to-date with the latest Hospitality news and trends in the Hospitality industry!

Subscribe to Hospitality news e-magazine for free and never miss an issue.

By clicking subscribe for free you agree to the Terms & Conditions and acknowledge our Privacy Policy.

Advertise With Us

We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc.