Latest Hospitality Sector News

FlexiRoam has inked a two-year deal with Dragonpass, embedding its eSIM data rewards into a major hotel loyalty program and marking its first foray into travel loyalty and hospitality.

Foley Wines reported a 258% surge in net profit for FY2026 despite a 5.4% decline in bottled sales revenue, driven by a premiumisation strategy and cost controls.

Swift TV Limited has completed its transition from development to commercial rollout, securing Google certification and Netflix approval while expanding contracts across aged care, hospitality, and workforce accommodation.

SkyCity Entertainment Group has signed a non-binding heads of agreement to sell The Grand Hotel, aiming to boost financial flexibility through asset monetisation and debt repayment.

Swift TV has landed a second multi-site hospitality contract, expanding its footprint in premium Western Australian accommodation and reinforcing its recurring revenue model.

Swift TV Ltd has secured a significant follow-up order from Chevron, adding 1,900 devices to its connected TV platform across key offshore accommodation sites, boosting total installations to nearly 4,000 units.

Swift TV has completed a multi-year Google certification process for its enterprise connected TV platform, validating its technology and supporting ongoing deployments across mining, aged care, and hospitality sectors.

Savor Limited has swung back to profitability in FY26, delivering a net profit after tax of $1.3 million alongside its strongest operating margin ever at 14.5%. The hospitality group also reduced leverage significantly and is set to pay its first dividend, marking a milestone after years of losses.

Swift TV Ltd has landed its inaugural hospitality contract with Daydream Island Resort, deploying its in-room platform across 244 rooms and marking a strategic expansion beyond resources and aged care sectors.

OMG Group has appointed Food & Dairy Co as the first official distributor of its new matcha brands, opening access to over 2,000 cafes and restaurants in NSW and Queensland. This move marks a key step in OMG’s strategy to expand its health-focused beverage portfolio.

PainChek Limited reported a half-year loss of AUD 4.7 million but achieved a major regulatory milestone with FDA clearance for its Adult App, unlocking significant US market opportunities. The company also completed a share consolidation and raised capital to support growth.

Ramsay Health Care’s half-year results reveal a dramatic net profit rebound, driven by prior year impairments and solid growth in Australia and Europe. The company also announced a strategic acquisition and a proposed share distribution.