Pace is a science and technology company that uses machine learning and proprietary algorithms to provide real-time pricing for the hotel industry. The software enables hotels to understand the connection between price and bookings, allowing them to respond immediately, to improve revenues and optimize occupancy.
Expert Collections containing Pace
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Pace is included in 3 Expert Collections, including Travel Technology (Travel Tech).
Travel Technology (Travel Tech)
The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Excludes US-based companies
Latest Pace News
Jul 7, 2023
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El-Erian Apple, JPMorgan turn to pay now grow later Remote Working Boom Is Huge for College Towns Like Knoxville Walmart flashes a warning sign to the entire consumer economy: Andrea Felsted Millennials are finally spending like grown-ups Dismal U.S. GDP report raises the odds of recession this year: Gary Shilling Musk is wrong for Twitter even if deal math works out Chocolate bunnies can teach us to save our food supply The Fed has made a U.S. recession inevitable America's oil reserve weapon risks misfiring Four-day workweeks can burn you out U.S. Fed expects a soft landing. Don't count on it Markets are pushing Fed into developing-economy territory Commodity traders go from bonanza to bailout plea Putin's war shows West must clean up dirty money Salary transparency is good for everyone Microsoft's US$69B Activision deal could be a blunder What if the oil market bulls are wrong and this lonely bear is right? 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Jennifer Creery, Bloomberg News , (Bloomberg) -- Taiwan’s exports plunged in June at the fastest pace since 2009, exacerbating concerns about the slump in global demand for electronics and its impact on the economy. Overseas shipments plummeted 23.4% to $32.3 billion last month compared to a year earlier, the Ministry of Finance said Friday. That was far worse than expectations of a 13.5% decline in a Bloomberg survey of economists, and was much more severe than the 14.1% fall recorded in May. It also marked the fastest pace of declines since August 2009. Imports dropped 29.9% from a year earlier, following a 21.7% tumble in May. The economy’s trade balance was nearly $6 billion. Taiwan, which is export-dependent, has struggled with lackluster overseas appetite for technological goods — including for semiconductors, a key product. “The demand for integrated circuits continues to be weak,” the finance ministry said in a statement accompanying the data. The ministry also cited inflation and interest-rate hikes that have meant a stagnation of the global economy, as well as a high base of comparison with last year. The demand problem seems to be improving elsewhere. South Korea in June registered its first trade surplus in 16 months, although exports still declined in the month. --With assistance from Argin Chang and James Mayger. ©2023 Bloomberg L.P.
Pace Frequently Asked Questions (FAQ)
When was Pace founded?
Pace was founded in 2016.
Where is Pace's headquarters?
Pace's headquarters is located at Google Campus, London.
What is Pace's latest funding round?
Pace's latest funding round is Seed VC.
How much did Pace raise?
Pace raised a total of $3.36M.
Who are the investors of Pace?
Investors of Pace include InterGlobe Enterprises, Amadeus Capital Partners, Seedcamp and Speedinvest.