Tech-Enabled Services
Q4 2025
Hospitality Technology Market Update, Q4 2025
The hospitality technology sector continues to benefit from sustained investment as operators prioritize efficiency, guest experience, and data-driven decision-making amid rising labor and operating costs. Adoption of cloud-based PMS platforms, AI-enabled revenue management, and integrated guest engagement tools is accelerating across hotels, resorts, and alternative lodging models. M&A activity remains resilient as strategic buyers and financial sponsors target scalable platforms with recurring revenue, strong customer retention, and cross-sell potential. While valuation multiples have moderated from peak levels, high-quality assets with differentiated technology and mission-critical workflows continue to command strong buyer interest.
Trends Driving M&A for Hospitality Technology
Report Summary
The hospitality technology sector continues to benefit from sustained investment as operators prioritize efficiency, guest experience, and data-driven decision-making amid rising labor and operating costs. Adoption of cloud-based PMS platforms, AI-enabled revenue management, and integrated guest engagement tools is accelerating across hotels, resorts, and alternative lodging models. M&A activity remains resilient as strategic buyers and financial sponsors target scalable platforms with recurring revenue, strong customer retention, and cross-sell potential. While valuation multiples have moderated from peak levels, high-quality assets with differentiated technology and mission-critical workflows continue to command strong buyer interest.
Hospitality Technology M&A TRENDS
Key Highlights
- Trends in Hospitality Technology
- Hospitality Technology Valuation Environment
- Hospitality Technology Transaction Activity
- Meridian Capital Technology Investment Banking Overview
