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  Tech & Innovation  Hotel Tech Sector Heats Up: Stayntouch Wins Top PMS Award, MyVenue Secures Multi-Million Dollar Investment from GSV
Tech & Innovation

Hotel Tech Sector Heats Up: Stayntouch Wins Top PMS Award, MyVenue Secures Multi-Million Dollar Investment from GSV

Jasmine LeeJasmine Lee—May 4, 20250
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LONDON, UK – The first full week of May 2025 underscored significant momentum within the global hotel technology landscape, driven by hospitality groups and innovative solution providers focused keenly on elevating guest experiences, streamlining operational workflows, and broadening digital capabilities across properties.

Stayntouch Recognized as Leading PMS Provider

A notable highlight from the period was the prestigious recognition bestowed upon Stayntouch, a prominent cloud-based property management system (PMS). Stayntouch was honored with the coveted 2025 “Hotel PMS of the Year” award by TravelTech Breakthrough. The award committee lauded Stayntouch for several key attributes distinguishing its platform.

Judges specifically cited the system’s intuitive design, which simplifies user interaction and training, its rapid deployment capabilities, enabling hotels to quickly transition to the new platform, and its seamless integrations with other crucial hospitality technologies. These combined factors reportedly contribute to substantial efficiency gains, with Stayntouch users experiencing up to 70% greater operational efficiency, according to company claims cited by TravelTech Breakthrough.

This award underscores the growing importance of agile, cloud-native PMS solutions that can adapt to the evolving needs of hotels seeking to enhance both back-of-house operations and front-of-house guest interactions. Stayntouch’s focus on user-friendliness and integration appears to resonate strongly within the industry.

MyVenue Attracts Significant Investment

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Adding further dynamism to the week’s tech news was a substantial investment in MyVenue, an Adelaide-based tech start-up making waves in the point-of-sale (POS) sector. Founded in 2020 by engineer Tim Stollznow, MyVenue specializes in developing POS platforms tailored for large-scale sports and entertainment venues.

The multi-million dollar investment was secured from Greater Sum Ventures (GSV), a Tennessee-based investment firm known for backing growth-stage technology companies. As part of the agreement, GSV has acquired a majority stake in MyVenue, signaling strong confidence in the start-up’s technology, market position, and future growth potential.

GSV’s investment is expected to fuel MyVenue’s expansion plans, allowing the company to accelerate product development, scale its operations, and potentially enter new markets. The acquisition of a majority stake positions GSV to play a significant role in MyVenue’s strategic direction moving forward.

Expanding Reach in Global Venues

MyVenue’s point-of-sale platforms have already achieved significant penetration in the global market, currently deployed in nearly 200 major sports and entertainment venues worldwide. This includes a strong presence in the United States, where their technology is utilized in several prominent locations.

Key U.S. sites leveraging MyVenue’s POS systems include iconic venues such as Dodger Stadium in Los Angeles, Hard Rock Stadium in Miami Gardens, Florida, and the historic Los Angeles Memorial Coliseum. The successful deployment in these high-profile, high-traffic environments demonstrates the scalability and robustness of MyVenue’s technology, capable of handling the complex demands of large-scale event operations.

The investment from GSV is likely to accelerate MyVenue’s ability to secure contracts with even more venues globally, further solidifying its position as a key player in the specialized market for large-scale event POS solutions.

Broader Implications for Hospitality and Entertainment Tech

These two distinct yet significant developments highlight the ongoing digital transformation reshaping both the traditional hospitality sector (represented by the PMS award) and the broader venue management industry (represented by the POS investment). The emphasis remains on leveraging technology to create more efficient operations and enhanced guest/fan experiences.

The recognition of Stayntouch underscores the maturation of cloud-based hotel management systems and their tangible impact on daily hotel operations. The investment in MyVenue points to the increasing appetite for specialized, high-performance technology solutions designed to meet the unique demands of large-scale public venues.

Collectively, the events of the week of May 4, 2025, signal a healthy and evolving technology landscape poised to continue driving innovation and efficiency across related industries.

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Jasmine Lee

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