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OYO Bucks Industry Trend in the US with 16% Jump in Online Summer Booking Revenue

OYO

Travel-tech platform sees 15% increase in online bookings compared to last year Midwest and Northeast emerge as standout performers with 44% and 46% growth, respectively OYO is expanding its US presence through the acquisition of Motel 6 and Studio 6 brands Global hospitality technology company OYO reported a 16% increase in summer booking revenue (June to August) in the US compared to last year, according to STR, significantly outperforming the broader economy hotel segment that experienced a 2% decline, underlining its growing footprint in the world’s largest hotel market. The growth was primarily driven by a 15% increase in bookings across OYO hotels in the US. The company saw particularly robust performance in the Midwest and Northeast regions, recording 46% and 44% growth in booking revenue respectively, substantially outpacing the market growth of 22% and 24%. Nikhil Heda, Head of Business Development – OYO US said, “Our strong performance this summer demonstrates the growing preference for OYO's value proposition in the US market. By focusing on delivering quality accommodations at competitive prices, backed by our technology platform and online demand generation expertise, we’ve been able to capture increasing demand despite broader market headwinds.” Texas emerged as the top-performing state, contributing 22% of OYO's overall summer booking revenue, followed by Oregon (18%), Florida (7%), and Louisiana (6%). At the city level, Newport, Oregon, and Houston, Texas each contributed 5% to the overall summer booking revenue, while Seaside accounted for 4%. In an encouraging trend, destinations such as Houston, Port Allen, Rockford, Portland demonstrated exceptional growth, significantly surpassing market averages. OYO enhances the guest experience through its technology-driven platform, offering seamless bookings, dynamic market-based pricing, AI-powered customer support, and flexible cancellation policies. The platform's integrated loyalty program further rewards customers while ensuring competitive rates. The India-headquartered company’s impressive performance augurs well for its growth prospects in the US as it closes in on concluding its acquisition of G6 Hospitality, which owns the iconic Motel 6 and Studio 6 brands. Oravel Stays, the parent company of OYO, inked a deal with Blackstone Real Estate to buy G6 Hospitality, which has a franchise network of around 1,500 hotels across the US and Canada. OYO has steadily expanded its footprint in the US since its launch in the region in 2019 and currently operates over 400 hotels across 35 states. In 2023, OYO added nearly 100 hotels to its US portfolio and aims to add ~250 hotels in 2024. OYO will leverage its comprehensive technology suite as well as its global distribution network and marketing expertise to further strengthen the Motel 6 and Studio 6 brands and drive continued financial growth. About OYO OYO is a global platform that empowers entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aim to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 184K hotel and home storefronts in more than 35 countries including India, Europe and Southeast Asia. For more information, visit here. Contact Details OYO Anupriya Malik +91 97911 63065 anupriya.d@oyorooms.com Company Website https://www.oyorooms.com/

December 09, 2024 08:00 AM Eastern Standard Time

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Cutoshi (CUTO) Has Completed Stage 3 Of Presale Ahead Of Schedule, Here's Everything You Need To Know

Cutoshi

As a crypto meme coin trader, one of the most infuriating things about meme coins is that usually by the time you’ve heard of them, it's already too late as the price has pumped so much. Cutoshi is still in presale, meaning that potential buyers still have time to get on board. If you’re still wondering what the fuss is about, here’s what you need to know before it’s too late. Where Is Cutoshi At? Stage 3 of the presale has just finished and stage 4 is underway. This happened a lot earlier than expected, putting the price of $CUTO at $0.031. This puts holders from the start at a rewarding 100% profit. Since there are many more stages to go and lots of community support, there is a lot of room for price appreciation. The project has already raised over $1.29 million and interest is continuing to grow. Why Did Stage 3 Finish So Quickly? The early completion of Stage 3 wasn’t a fluke but rather a result of growing interest in what Cutoshi has to offer. Putting aside its unique hybrid utility as a meme coin that meets DeFi, what factors led to Stage 3 ending so quickly? Memetic Power The internet runs on memes, particularly in crypto, where the majority of the buyers are late millennials or younger, people who’ve mostly grown up with internet memes being ubiquitous. This trend continues as we move into web3 users, as this report says, “the average Web3 user is 30 years old” and “users between the ages of 25 and 34 make up more than 45% of Web3 platform users.” Cutoshi’s Lucky Cat mascot has managed to cut through the usual crowd of frogs and dogs dominating meme coins. It’s simple, recognizable and perfect for memes. You’ve probably seen it pop up on X recently in everything from animated GIFs to hand-drawn fan art and pictures painted in a graffiti style. Trending On X During Thanksgiving The report also mentions how the largest number of web3 users are from the US. And that makes sense when we know that $CUTO has been trending on X three times recently, once right before Thanksgiving. And that helps us to understand why $CUTO saw a spike in activity around Thanksgiving, with the younger members of the family eating Turkey and spilling the tea - attracting hundreds of thousands of dollars of investment on that day. FOMO In Action For those who decided to take a crypto-free day and then check in on Cutoshi, they were amazed to see that stage 3 was selling out, taking the coin to a 100% profit from the beginning of the presale. We’ve all experienced FOMO and so many people, rather than buy Bitcoin at the ultimate top (hey, it might work but there are better strategies), decided to get into a promising presale that they know still has many rounds to go before it is even ready to enter the final stages of price discovery - such as listing on a DEX and beyond. Cutoshi’s Fundamentals Underpin Everything Unlike a conventional meme coin, Cutoshi is based on a solid idea - bringing DeFi to the masses. Their plan for this consists of a cross-chain DEX, designed to offer lower fees and make bridging between blockchains easier for users. Another major feature is the NFT collection, which will include exclusive Lucky Cat-themed collectibles tied to the project’s branding. And people can pay in CUTO, adding further utility to the token. Cutoshi is also proud of their upcoming learning academy, which will be fun and beautiful (in an old-school computer game kind of way) and encourage so many more people to get into web3 and DeFi and how to make the most of it! For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

December 08, 2024 03:15 PM Eastern Standard Time

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BlackRock Bitcoin ETF Records 500,000 BTC Milestone, Luckiest Token On The Blockchain Hits $1.29M In Viral Presale

Cutoshi

It finally happened. Bitcoin (BTC) has reached the prophesied $100k landmark and then some, sending the whole crypto community into a frenzy. Meanwhile, BlackRock’s ETF has also cleared a new milestone, amassing 500,380 BTC, holding roughly half of the total BTC across all US-based ETFs. Cutoshi, a newcomer, continues to make waves in the meme coin space, as investors are funneling the market-wide euphoria into the incredibly successful presale of the $CUTO token. Bitcoin Celebrates $100K, What’s Next? Although this move has been already teased for weeks, once a $100k BTC became reality, it cemented the legitimacy of Bitcoin in the eyes of even the most outspoken skeptics. At the time of writing, Bitcoin sells for $101k with a 7.2% intraday decrease as selling pressure intensified just below the $104k mark. The massive influx of liquidity resulted in a 131% spike in volume, with over $138 billion worth of BTC traded on exchanges. Although the dust from the rocket still hasn’t settled, some experts have already stepped in with new predictions. For starters, prominent trader and analyst CrediBull Crypto has been vindicated, as his Bitcoin projection during the most bearish months of the, played out almost exactly as portrayed on the chart. The next targets for Bitcoin are eyeing the $110k level, although a cool-off phase is likely to take place first. Institutional investors continue to bid heavily on Bitcoin. The largest spot BTC ETF, BlackRock’s IBIT, is now holding over $50 billion worth of Bitcoin or roughly 2.3% of the 21 million BTC in existence. In the first few days of December, Bitcoin ETFs have recorded a massive $1.5 billion in inflows, highlighting exponential interest in the asset. However, not everyone is happy, as over the last 24 hours a staggering $137 million in short positions were liquidated. Many investors who took profits are now taking advantage of the discounted prices of low-cap alts that could yield much greater gains. One such glaring example is Cutoshi as it's just starting to gain traction. Cutoshi Raises The Bar For Meme Coins Cutoshi draws inspiration from the Lucky Cats present in Japanese tradition. These cats are believed to bring good fortune to businesses and households. Meanwhile, Cutoshi aims to bring good fortune to the blockchain and its rapidly growing community through the revolutionary Cutoshi Farming system. Cutoshi unites memes and DeFi into a unique MemeFi ecosystem that empowers and rewards users. CUTO DEX is Cutoshi’s flagship feature, a state-of-the-art non-custodial exchange offering lightning-fast cross-chain transactions. For just 0.25% in transaction fees, users can seamlessly trade across blockchains with minimal slippage without having to switch platforms. Cutoshi incentivizes users to engage with the ecosystem via the Cutoshi Farming mechanism. By staking the $CUTO token or providing liquidity, investors will have the opportunity to earn passive income on autopilot. On top of this, during and after the presale, individuals can participate in special events and complete various tasks in exchange for points that can be later redeemed for CUTO tokens post-presale. One of Cutoshi’s most interesting features is the Cutoshi Academy. This is a learning platform that will help newcomers navigate the DeFi space and learn the ins and outs of trading and portfolio management. This initiative will also help spread the word about Cutoshi, organically growing the user base. Stage 4 of the $CUTO presale has just started and the token is priced at just $0.031. Investors who take action today could reap incredible benefits once $CUTO is listed on major exchanges. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

December 07, 2024 11:56 AM Eastern Standard Time

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Why Crypto Whales Are Betting On These 3 Altcoins This December?

Cutoshi

While most majors are seeing incredible surges, Ethereum (ETH) and Toncoin (TON) have recorded modest increases when compared to their counterparts. This is exactly why large wallets are accumulating both as their charts are flashing signs of imminent upward moves. Cutoshi has also hit the radar of whales on the lookout for undervalued projects that have yet to enter real price discovery. With meme coin season firing on all cylinders and the incoming rotation into utility-driven projects, Cutoshi is set to hit the markets at the best possible time as it merges meme culture with DeFi in a future-proof success formula. Can Ethereum Reach $4,000 Before The End Of The Year? Ethereum has been ranging around the $3,500 mark for a few weeks now, as it failed to breach the $3,800 resistance level. Today, Ethereum sells for $3,500 with a 1.7% intraday decrease and $40 billion in daily volume. Although Ethereum raked in over 45% in monthly gains, its performance has somewhat lagged when taking into account the rallies that competitor Layer 1 platforms have experienced, with Solana and Cardano being the most glaring examples. This could soon change, however, as analyst Venturefounder points out that Ethereum has reached the tip of a multi-year triangle formation. He draws a parallel with Ethereum’s price action during the 2016-2017 cycle, where Ethereum broke out of a similar pattern and went out to reach a new all-time high. This means that if this scenario plays out again, Ethereum could soon surge to $4,000 and enter an ascending channel that could see it reach a 5-figure peak in 2025. Through on-chain data, Ali Martinez reveals that whales continue to accumulate grandiose amounts of Ethereum. Over the last week, they have amassed over 280,000 ETH, worth approximately $1 billion. Toncoin Gearing Up For The Next Rally? Toncoin has been demonstrating remarkable strength in the past few days as shown by the 10% weekly increase. At the time of writing, Toncoin trades at $6.88 with a 6.6% increase. After bottoming out at around $4.70, Toncoin has entered an ascending channel with the next big target being the $8.24 all-time high that it reached in summer. Toncoin’s current price action seems to be following the chart reading that CryptoBullet shared last week. He shows that Toncoin has been moving in a multi-year 5-wave pattern that is close to completion, with a final impulse that could see TON skyrocket to $12. Toncoin is essentially Telegram’s blockchain extension. As such, it directly taps into the nearly 1 billion-strong Telegram user base. This almost automatically guarantees that Toncoin is set to become one of the top Layer 1 platforms in the crypto space and could realistically outclass other projects such as Tron and Avalanche in terms of usage. However, low-cap entries such as Cutoshi could yield greater gains as they have much greater room for growth. The Luckiest Cat On The Blockchain Has A Name, Cutoshi The mythical Japanese Lucky Cats are said to bring wealth and prosperity to businesses and households. Cutoshi draws its inspiration from them as it’s designed to bring good fortune with its revolutionary reward system. CUTO DEX is Cutoshi’s base of operations. This is a non-custodial exchange that removes the middlemen from the equation, allowing users to be fully in control of their funds and personal data. CUTO DEX integrates all major blockchains and allows users to perform rapid-fire transactions with the lowest possible fees. A happy and motivated community equals a prosperous project that can thrive in the long run. Cutoshi offers generous incentives to users who engage with the ecosystem. The Cutoshi Farming initiative encourages individuals to partake in special events and complete fun missions. In exchange, they will receive CUTO points that can be turned into $CUTO once the presale wraps up and tokens hit the market. The 4th stage of the $CUTO presale is live and over $1.2 million has been raised so far. $CUTO tokens are priced at just $0.031. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

December 06, 2024 04:25 AM Eastern Standard Time

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Cutoshi ($CUTO) The Meme Coin Adopting Bitcoin's Principles Completes Stage 3 Of Presale, Raises Over $1.27 Million

Cutoshi

History shows that being early on a low-cap gem could make the difference between enjoying huge profits and missing out on significant returns. This is exactly what happened with Dogecoin, Shiba Inu and Pepe investors who bought in right at launch and saw their portfolios grow exponentially in the span of a few years, sometimes even months. Cutoshi, a newcomer in the space, is still flying under the radar, and buyers who take action today could realistically experience incredible returns as the bull run heads into 2025. Cutoshi’s success formula is unique as it merges meme culture with DeFi functionality for a future-proof combo that sets it apart from the mass of purely hype-driven meme coins. Enter The Cutoshi Ecosystem At the heart of Cutoshi is CUTO DEX. This is a non-custodial decentralized exchange that will allow for rapid-fire transactions across all major blockchains for only 0.25% in fees. Built on top of the Ethereum blockchain, this platform could very soon give established DEXs like Uniswap and Raydium a run for their money. With its focus on decentralization and privacy, Cutoshi embodies the principles that drove legendary Satoshi Nakamoto to create Bitcoin and change the world. While centralized exchanges require personal information and custody of funds, Cutoshi goes the other way. No KYC is required to join the platform and middlemen are removed from the equation. This means that the privacy of users is non-negotiable and they will retain absolute control over their assets. Moreover, Cutoshi will also offer an exclusive multi-chain wallet, allowing users to store and manage their assets with ease. How Cutoshi Brings Good Fortune To The Blockchain Cutoshi’s aesthetic is inspired by the Lucky Cats from Japanese tradition, which are said to bring good fortune to businesses. Cutoshi aims to bring luck and prosperity to early adopters with the Cutoshi Farming model that rewards users the more they engage with the ecosystem. Community members will be tasked with partaking in various missions and quests to raise awareness about Cutoshi and expand its reach on social media. For their loyalty, they will receive Cuto points that can be exchanged for $CUTO once the token is available for trading. To further gamify the experience, users will be able to track their performance on a scoreboard and they can also head over to the Cutoshi Shrine for the chance to win daily prizes and other surprises. Thousands are already farming their points and this number is growing by the day, creating a perfect win-win scenario in which the community actively participates in the project’s success. Once the presale wraps up, staking will be live as well, allowing investors to tap into a passive income stream, magnifying their earnings. Cutoshi Academy One of the project’s most intriguing features is the Cutoshi Academy, a learning hub where newcomers will receive a helping hand on their crypto journey. In the Academy, they will find many free resources that demystify key concepts like DeFi, teach the basics of trading, and give advice on how to build a profitable long-term portfolio. This platform has already received significant praise as it lowers entry barriers and narrows the divide between veterans and crypto newbies. Simultaneously, the initiative sets Cutoshi apart as a champion for worldwide crypto adoption while nurturing an inclusive, community-oriented environment. The $CUTO Presale Stage 4 of the $CUTO presale has just started and tokens sell for the attractive price of just $0.031. So far, over $1.27 million has been raised and demand is rapidly growing. Positioned at the intersection between memes and DeFi, Cutoshi taps into two of the most powerful crypto narratives. This means that a massive price surge could be a matter of time as the cycle matures and utility-based projects take the spotlight. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

December 05, 2024 02:08 PM Eastern Standard Time

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Cutoshi Presale Stage 3 Sells Out In Record Time As Whales Rush In To Buy $CUTO

Cutoshi

Memecoin and DeFi ecosystem Cutoshi is going from strength to strength as it sells out of its third stage of presale. After trending on X, it has become the topic of every conversation. It’s That Time of Year Again - Altcoin Season! Prominent trader Ali Martinez sees a potential pullback to $90k for Bitcoin, a move that suggests altcoin season is here. Another sign is that Bitcoin dominance has dropped to 51%, signaling a shift in market sentiment. The Altcoin Season Index, now sitting at 75, confirms that altcoins are outperforming Bitcoin, as 38 of the top 50 cryptocurrencies have beaten BTC over the last 90 days. It’s the highest level since January, a time when altcoins thrived until March. Analysts are already speculating that this could push many altcoins, particularly those with strong narratives and utility, much higher over the next few months. A drop in BTC dominance doesn’t just favor the larger altcoins like Ethereum and XRP; it creates opportunities for smaller projects like Cutoshi, which combines the speculative appeal of memecoins with the functionality of DeFi. CryptoQuant’s Ki Young Ju says that this isn’t just about rotation from Bitcoin to alts. Stablecoin and fiat inflows are increasing trading volume for altcoins, suggesting new money is entering the market. Meanwhile, an analyst at Rekt Capital argues that Ethereum and smaller alts are seeing capital flows thanks to Bitcoin’s range-bound price action. Either way, for young projects like Cutoshi, these are prime conditions for growth. Why Whales Are Turning To Altcoins Whales are increasingly looking beyond Bitcoin for higher returns. With BTC consolidating near its recent highs, larger investors are derisking by diversifying into projects that offer strong upside potential. For Cutoshi, this is a critical moment. The project is gaining attention not just from retail but also from whales seeking early-stage opportunities. Its recent presale successes suggest significant interest from both groups. What Makes Cutoshi Stand Out? Cutoshi has managed to do what few projects can: balance meme culture with real utility. Its Lucky Cat figurine and mascot grab attention, but what’s under the hood is what’s keeping both retail and whales interested. The low-fee, cross-chain DEX is built for everyone, it’s simple, affordable and designed to cut out the barriers that have stopped retail from fully engaging with decentralized finance. For newbies, it’s the first step into a complicated world that suddenly feels a lot easier and more fun to trade in. The Cutoshi Academy strips DeFi down to the basics, teaching staking, farming and security without overwhelming users. It’s the kind of resource retail investors need to feel confident in their decisions. The whales know that this could facilitate the mainstream adoption of DeFi. Looking ahead, Cutoshi is rolling out Lucky Cat NFTs with real utilities, like staking rewards and exclusive access to farming pools. A merchandise shop is also planned, rewarding $CUTO holders with discounts. All of this feeds into a carefully designed tokenomics system where a portion of every transaction on the DEX is burned, creating a deflationary model that could support long-term growth. Cutoshi has also put aside 7% of its total token supply specifically for burning purposes, further supporting its deflationary strategy. Cutoshi’s Big Milestones In the last month, $CUTO is up by over 100% as it sold out of the first three stages in record time. This comes as the project trends in the top spot of X globally, alongside keywords such as DeFi and BTC. The farming platform has also been released, giving early community members a way to have fun, spread the word and collect tokens, with over 3000 people taking part. Meme competitions are also getting the community active, including a graffiti-style tribute to the Lucky Cat crypto. Cutoshi’s presale has raised over $1.2M and the price of CUTO may rise again soon if the whales keep buying and given that altcoin season is firmly here, both retail and whales alike are expected to keep piling in. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

December 04, 2024 10:29 AM Eastern Standard Time

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New Research Shows SPARK Microsystems Wireless Audio Delivers Highest Possible Sound Quality

SPARK Microsystems

SPARK Microsystems, a Canadian fabless semiconductor company specializing in next-generation short-range wireless communications, has released the findings of a new third-party expert research analysis demonstrating the bit-perfect wireless audio delivery achievable with SPARK’s ultra-wideband (UWB) technology. The research findings were initially presented at AES Show 2024 NY and are now available here in a video overview featuring SPARK Microsystems CTO Frederic Nabki and audio expert Jeff Anderson. The research results demonstrate that SPARK UWB audio delivery is indistinguishable from a wired transmission, exhibiting bit-perfect signal fidelity. This performance profile, complemented with low latency of under 7 milliseconds, enables uncorrupted, pristine wireless audio. The sound quality produced is vastly superior to legacy Bluetooth technology, distinguishing SPARK UWB as the wireless platform of choice for prestigious audio brands including Sonus Faber and Focal. Notably, the SPARK UWB wireless connection also offered bi-directional audio transport, supporting an additional bit-perfect, low-latency uncompressed audio back channel. Although this feature was not a primary focus of the study, it highlights the versatility and advanced capabilities of the technology. The testing was performed by Jeff Anderson, an independent audio engineering consultant with 25 years of industry expertise. Leveraging wired equipment as the reference, Anderson provides an in-depth comparison of SPARK’s UWB technology to competing audio codecs including LDAC, aptX HD, aptX LL, and SBC. Fast Fourier Transform (FFT) measurements were used to evaluate the signal quality of the tested audio systems. Among the findings, Anderson observed that LDAC, aptX, and aptX HD codecs displayed elevated noise floors and noticeable distortion, especially at higher frequencies. Bluetooth codecs LDAC and aptX HD exhibited latency ranging from 30 to 200 milliseconds, degrading audio quality and introducing noticeable delay. In contrast, SPARK’s UWB delivers a clean, distortion-free signal, demonstrating superior fidelity and comparable performance to the wired reference. “Wireless solutions based on SPARK UWB technology represent a major step forward, offering unparalleled stability and performance even in increasingly interference-prone environments,” said Rejean Bedel, Groupe Marketing Manager, Focal. “This advancement marks a turning point for high-end audio, enabling seamless, user-friendly, and wire-free products without compromising sound quality.” “For decades, the industry has accepted compromises in sound quality, latency, and energy efficiency to make wireless audio possible. SPARK's low-power UWB technology changes that, delivering bit-perfect audio exactly as it was encoded at the source, with ultra-low latency that rivals wired connections,” said Frederic Nabki, Co-founder and CTO, SPARK Microsystems. “This breakthrough doesn’t just eliminate wires; it redefines what wireless audio can achieve, setting a new benchmark for fidelity and responsiveness—with low power consumption optimized for battery-powered devices.” For the video overview of the testing methodology and results data, and to hear more about SPARKs ultra-low latency and energy efficiency advantages for audio applications, learn more here. CES 2025 attendees can personally experience the superior sound quality of SPARK’s UWB technology with a live demo of our wireless headset in our Palazzo suite. About SPARK Microsystems​ SPARK Microsystems is building next generation short-range wireless communication devices. SPARK provides high data rate and very low latency wireless communication links at an ultra-low power profile, making it ideal for personal area networks (PANs) used in mobile, consumer and IoT-connected products. Leveraging patented technologies, SPARK Microsystems strives to minimize and ultimately eliminate wires and batteries from a wide range of applications while delivering a wired-like performance. For more information, please visit www.sparkmicro.com.​ Contact Details Jenna Desimone +1 508-340-6851 jdesimone@rainierco.com Company Website https://www.sparkmicro.com

December 04, 2024 09:28 AM Eastern Standard Time

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Revenue Management Solutions Study Highlights Consumer Reaction to Restaurant Dynamic Pricing

Revenue Management Solutions

A new behavioral study led by Revenue Management Solutions (RMS), a leader in restaurant tech solutions, revealed that consumers perceive dynamic pricing in restaurants as unfair, leading to reduced spending and increased price scrutiny. Key Findings from the Study RMS researchers used cutting-edge eye-tracking technology to study how 260 U.S. and U.K. participants interacted with online restaurant menus under different conditions. Participants were split into two groups: one primed with questions about past airline ticket purchases (dynamic pricing context) and the other with vacation-related questions (control). Both groups were then asked to place an order from identical online restaurant menus. The study tracked where participants directed their attention, using heat maps to highlight menu elements of interest and analyzing spending behaviors to reveal the impact of perceived price variability on menu decisions and overall spending. Key insights include: ● Heightened Price Sensitivity: Participants from the dynamic pricing context group focused more on prices, suggesting heightened concern. Control group participants spent more time perusing photos and menu item descriptions. ● Reduced Spending: Those exposed to dynamic pricing ordered smaller portions and spent, on average, 3% less than the control group. Dynamic Pricing: Opportunity or Risk for Restaurants? In 2024, “pricing” became a key focus for restaurant operators facing rising costs and reduced consumer tolerance for price hikes. Dynamic pricing, which adjusts prices based on real-time demand, has proven effective in industries like travel, hotels and events. The study reveals that the practice causes resistance in the restaurant context. “Our research reveals that even subtle indicators of dynamic pricing can lead to reduced spending, a heightened focus on finding good deals, and ultimately lower customer satisfaction,” said RMS Managing Director for Europe Dr. Philipp Laqué. “As restaurants explore innovative pricing strategies, maintaining transparency will be the cornerstone of building lasting customer relationships.” Preparing for 2025 As the industry looks toward 2025, RMS predicts ongoing challenges for fast-food brands and restaurants amid economic pressures and shifting consumer expectations. “Avoiding perceived unfair pricing transforms customer hesitation into trust and long-term loyalty,” said Laqué. “Our eye-tracking research shows consumers are deeply sensitive to perceived losses, which dynamic pricing can unintentionally evoke. By highlighting value and fairness, restaurants can address these concerns while driving profitability.” RMS recommends consumer-centric approaches like value-focused promotions, occasion-based price differentiation, and thoughtful menu engineering to safeguard profits and build trust in an evolving market. For more firsthand insights into dynamic pricing and alternative profitability strategies, tune into RMS’ latest Revenue Stream episode, featuring revenue management experts Dora Furman, Alfonso Delgado, and Sherri Kimes, Bloomberg analyst Michael Halen, and hosted by Alicia Kelso of Nation’s Restaurant News. About Revenue Management Solutions For 30 years, Revenue Management Solutions (RMS) has partnered with restaurant brands to deliver actionable insights and data-driven solutions to boost sales, streamline costs and maximize profitability. Its AI-powered solutions support 150,000-plus locations worldwide, empowering brands to confidently navigate challenges such as inflation and labor costs. Unlock the power of your data with RMS by visiting www.revenuemanage.com. Contact Details Center Reach Communications Tracy Henderson +1 720-989-3530 tracy@centerreachcommunication.com Company Website https://www.revenuemanage.com

December 04, 2024 08:05 AM Eastern Standard Time

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Chainers Announces Arena Playtest: A New Era for Web3 Gaming

CHAINERS

Get ready to dive into the future of Web3 gaming as Chainers.io, a rapidly growing Web3 MMORPG, launches the Chainers Arena Playtest this December. With over 25 million NFTs distributed and a thriving community of 350,000+ players, Chainers is redefining the MMORPG experience by introducing its first-ever multiplayer shooter game, complete with blockchain-powered rewards. The closed playtest is set to run on December 5-6, 2024, from 2 PM to 5 PM (local time for each region). This exclusive event invites players to test the Chainers Arena, explore immersive combat gameplay, and provide feedback to shape the future of the game—all while earning exciting rewards. Chainers: A Connected Gaming Ecosystem Chainers.io is not just a gaming platform; it’s a fully interconnected Web3 universe where games seamlessly link together, forming a dynamic creative ecosystem. Players can explore diverse gameplay options, from managing an NFT farm to participating in high-stakes battles in the Arena. In Chainers, every action matters. Resources crafted in the NFT Farm can power your performance in the shooter, while rewards earned in Arena battles can enhance your farming setup. This interconnection adds depth and strategy, creating an engaging and cohesive gaming experience. What is the Chainers Arena Playtest? Chainers Arena marks a significant milestone as the first multiplayer shooter in the Chainers ecosystem. Players will compete in adrenaline-pumping battles featuring unique mechanics like airstrikes, blending tactical gameplay with blockchain rewards. The playtest will focus on technical gameplay and server performance, ensuring a smooth launch for the full game. Why Join the Playtest? Test Game Mechanics: Be among the first to try out the shooter gameplay and combat systems. Provide Valuable Feedback: Shape the future of the Arena with your insights. Earn Exclusive Rewards: All participants will receive guaranteed rewards, including: An exclusive “Dummy” character NFT skin for providing feedback. 400 $CFB tokens for the most active contributors. How to Join Sign Up: Register now at Chainers.io to secure your spot. Fill out the registration form and apply to participate. Start Testing: Dive straight into the Arena and start competing! Future Plans for Chainers The Chainers roadmap for 2024-2025 includes groundbreaking updates such as new resources, crafting recipes, and expanded multiplayer functionalities. The Arena is just the beginning—future games and events will further enhance this interconnected Web3 ecosystem, providing endless play-to-earn opportunities for players. Join Now Don’t miss your chance to participate in the Chainers Arena Playtest. Register today and be part of the most exciting Web3 gaming experience of the year. Stay tuned for more updates at Chainers.io. Contact Details Chainers Nick J support@chainers.io Company Website https://chainers.io/

December 04, 2024 08:03 AM Eastern Standard Time

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