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kalibrilabs.com

Stage

Loan | Alive

Total Raised

$10.68M

Last Raised

$680K | 2 yrs ago

About Kalibri Labs

Kalibri Labs is a next-generation benchmarking platform that helps hotels improve profit contribution by evaluating and predicting revenue performance net of acquisition costs. Kalibri Labs' robust industry wide database with history from 2011 of over 25,000 hotel stays and acquisition costs, along with its patent-pending cloud technology apps, enable a hotel to monitor and manage its ability to capture the highest percentage of guest-paid revenue.

Kalibri Labs Headquarter Location

One Church St Suite 101

Rockville, Maryland, 20850,

United States

301-799-3222

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Expert Collections containing Kalibri Labs

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Kalibri Labs is included in 1 Expert Collection, including Travel Technology (Travel Tech).

T

Travel Technology (Travel Tech)

354 items

Tech-enabled companies offering services and products focused on hotels. This collection includes hotel booking services, virtual concierge solutions, staff management and products for connected rooms, among others.

Kalibri Labs Patents

Kalibri Labs has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/11/2014

Business intelligence, Hotel chains, InterContinental hotels, Data management, Hospitality management

Application

Application Date

3/11/2014

Grant Date

Title

Related Topics

Business intelligence, Hotel chains, InterContinental hotels, Data management, Hospitality management

Status

Application

Latest Kalibri Labs News

Report: Hotels Projected to End 2022 Down $20 Billion in Business Travel Revenue, Nearly 25% Below Pre-Pandemic Levels

Apr 20, 2022

20 April 2022 WASHINGTON - According to a new report released by the American Hotel & Lodging Association and Kalibri Labs, U.S. hotel business travel revenue is projected to be 23% below pre-pandemic levels in 2022, ending the year down more than $20 billion compared to 2019. This comes after hotels lost an estimated $108 billion in business travel revenue during 2020 and 2021 combined. While leisure travel is expected to return to pre-pandemic levels this year, business travel—which includes corporate, group, government, and other commercial categories—is the hotel industry’s largest source of revenue and will take significantly longer to recover. “While dwindling COVID-19 case counts and relaxed CDC guidelines are providing a sense of optimism for reigniting travel, this report underscores how tough it will be for many hotels and hotel employees to recover from years of lost revenue,” said Chip Rogers, president and CEO of AHLA. “The good news is that after two years of virtual work arrangements, Americans recognize the unmatched value of face-to-face meetings and say they are ready to start getting back on the road for business travel.” Many urban markets, which rely heavily on business from events and group meetings, have been disproportionately impacted by the pandemic. The 10 markets projected to end 2022 with the largest percentage declines in hotel business travel revenue are: Source: AH&LA The 10 states or districts projected to end 2022 with the largest percentage declines in hotel business travel revenue are: Source: AH&LA The new report comes on the heels of a recent AHLA survey , which found 64% of employed Americans and 77% of business travelers agree that it is more important than ever to bring back business travel. The survey also found that 80% of employed Americans and 86% of business travelers say face-to-face interactions are important for maximizing company success. The shifting sentiments around business travel are supported by a recent analysis conducted by the San Diego State University School of Hospitality & Tourism Management on behalf of AHLA that found in-person business travel and meetings have undeniable advantages over virtual options, and that businesses and organizations that resume business travel and meetings more quickly are likely to have a competitive edge over those that do not. Click Here for a State-By-State Breakdown. Click Here for a Market-By-Market Breakdown. About the American Hotel & Lodging Association The American Hotel & Lodging Association (AHLA) is the sole national association representing all segments of the U.S. lodging industry. Headquartered in Washington, D.C., AHLA focuses on strategic advocacy, communications support and workforce development programs to move the industry forward. In the wake of COVID-19 pandemic, the hospitality was the first industry impacted and it will be among the last to recover. That is why AHLA is committed to promoting safe travel while also creating a standardized safety experience nationwide through the Safe Stay initiative. With an enhanced set of health and safety protocols designed to provide a safe and clean environment for all hotel guests and employees, hotels across America are ready to welcome back travelers when they are ready to travel. Learn more at www.ahla.com .

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