Phunware partners with JW Marriott Desert Ridge to enhance guest experiences through a mobile app featuring navigation and reservations.
Quiver AI Summary
Phunware, Inc. has announced the deployment of its enhanced Smart Hospitality Solution at the JW Marriott Phoenix Desert Ridge Resort & Spa, enabling guests to enjoy real-time navigation and improved connectivity throughout the property. The mobile app, accessible on iOS and Android, allows guests to easily navigate the resort's 950 guest rooms, amenities, and dining options, as well as make reservations for dining, spa treatments, golf, and activities. This initiative aligns with Marriott's focus on delivering mobile-first guest experiences to enhance satisfaction and engagement. Phunware's CEO, Stephen Chen, emphasized the importance of technology in hospitality, suggesting that such mobile solutions will help luxury resorts meet and exceed guest expectations.
Potential Positives
- Phunware's enhanced Smart Hospitality Solution is being deployed by JW Marriott Desert Ridge, showcasing the company's capabilities in mobile solutions that enhance guest experiences across complex facilities.
- The mobile app offers real-time navigation and booking functionalities, significantly improving guest satisfaction and operational efficiency at the resort.
- This partnership reinforces Phunware's position as a leader in providing mobile-first technology solutions for the hospitality industry, aligning with the increasing demand for personalized guest experiences.
- The collaboration signals Phunware's potential for future growth, as they expand their offerings and strategic partnerships in the realm of mobile engagement and location-based services.
Potential Negatives
- The company's reliance on forward-looking statements introduces significant risks and uncertainties that could negatively impact future performance, as indicated by the cautionary language regarding the unpredictability of results.
- There is no detailed financial metric provided in the release that would assure stakeholders of the company's profitability or viability following the deployment of the new solution.
- The announcement may suggest a dependency on partnerships with companies like Marriott, raising concerns about the company's ability to sustain growth independently if such partnerships do not continue or succeed.
FAQ
What is Phunware's Smart Hospitality Solution?
Phunware's Smart Hospitality Solution enhances guest experiences by providing real-time navigation and booking capabilities within hotel properties.
How does the app improve guest navigation?
The app offers step-by-step navigation, helping guests easily locate their rooms and various amenities throughout the resort.
Which platforms does the JW Marriott app support?
The app is compatible with both iOS and Android operating systems for seamless guest usage.
What amenities can guests book through the app?
Guests can reserve dining options, cabanas, spa treatments, and golf tee times directly through the mobile app.
Why did JW Marriott choose Phunware for its mobile app?
JW Marriott selected Phunware due to its extensive experience in developing mobile solutions for enhancing guest experiences in complex facilities.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PHUN Insider Trading Activity
$PHUN insiders have traded $PHUN stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $PHUN stock by insiders over the last 6 months:
- RAHUL MEWAWALLA sold 29,595 shares for an estimated $152,414
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$PHUN Hedge Fund Activity
We have seen 13 institutional investors add shares of $PHUN stock to their portfolio, and 11 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GEODE CAPITAL MANAGEMENT, LLC added 30,507 shares (+36.6%) to their portfolio in Q3 2024, for an estimated $104,333
- JANE STREET GROUP, LLC removed 18,473 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $63,177
- UBS GROUP AG added 7,050 shares (+121.1%) to their portfolio in Q3 2024, for an estimated $24,111
- FEDERATION DES CAISSES DESJARDINS DU QUEBEC added 1,500 shares (+30.0%) to their portfolio in Q3 2024, for an estimated $5,130
- BELVEDERE TRADING LLC added 1,477 shares (+874.0%) to their portfolio in Q4 2024, for an estimated $7,680
- TOWER RESEARCH CAPITAL LLC (TRC) removed 794 shares (-26.2%) from their portfolio in Q3 2024, for an estimated $2,715
- MORGAN STANLEY removed 649 shares (-1.4%) from their portfolio in Q3 2024, for an estimated $2,219
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Phunware Technology for Location-Based Services and Enhanced Connectivity Providing Guests Seamless, Property-Wide Navigation
Integrated Solutions for Data-Driven Insights and Location Based Services to Boost Efficiency, Revenue, and Guest Satisfaction
AUSTIN, Texas, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Phunware, Inc. (“Phunware” or the “Company”) (NASDAQ: PHUN), a leader in enterprise cloud solutions for mobile applications, announced today that JW Marriott Phoenix Desert Ridge Resort & Spa is deploying its enhanced Smart Hospitality Solution . The app will provide JW Marriott Desert Ridge guests using iOS and Android operating systems with real time navigation capabilities across 950 guest rooms and meeting space as well as the amenities including: AquaRidge WaterPark, Revive Spa, multiple restaurants, golf club and other features at this Marriott resort property.
JW Marriott Desert Ridge chose Phunware to develop the resort property app based on experience and capabilities developing mobile solutions that enhance guest experiences across complex facilities.
“Working with Phunware enables us to provide guests the tools to navigate and discover everything the property has to offer,” said Christa Wood, Director of Marketing at JW Marriott Phoenix Desert Ridge Resort & Spa. “Our new mobile app showcases amenities and seasonal activities throughout the year, ensuring guest enjoyment and engagement with our resort."
Phunware’s enhanced Smart Hospitality Solution perfectly aligns with Marriott’s requirements for mobile-first guest experiences by enabling resort guests to access features such as:
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On-Property Navigation
Navigate seamlessly throughout the resort with step-by-step directions. Guests can easily locate rooms, event venues, dining options, pools, and other amenities. This feature enhances the guest experience by eliminating the stress of finding their way around large properties.
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Dining Reservations
Explore and reserve exceptional dining options at the JW Marriott Desert Ridge, from the inventive Southwestern flavors of Tía Carmen to the Asian-inspired creations at Kembara, or the refined atmosphere of Meritage, an Urban Tavern by the golf course.
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Cabana and Experience Bookings
Conveniently book poolside cabanas to relax by the water and participate in resort-hosted events and activities, such as family-friendly experiences, fitness classes, or entertainment nights.
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Spa and Golf Reservations
Effortlessly schedule spa treatments, including massages, facials, body treatments, and salon services, through the app. Guests can also reserve tee times at the resort golf course, making it simple to plan a relaxing or active day.
“Technology has become a cornerstone of modern hospitality and forward-looking companies are providing the seamless, personalized mobile-first experiences that guests expect,” said Stephen Chen, CEO of Phunware. “JW Marriott Desert Ridge Resort & Spa is a perfect example of how personalized, easy-to-use digital interfaces will help luxury hotels, resorts and other large complex facilities exceed guest and other user expectations. For example, mobile hospitality solutions allow guests to check in, unlock their rooms, order room service and book activities — all from their smartphones.”
Click here to learn more about how Phunware’s mobile experience platform unifies the guest experience in hospitality.
About JW Marriott Phoenix Desert Ridge Resort & Spa
Set on 316 acres of sweeping Sonoran Desert, JW Marriott Phoenix Desert Ridge Resort & Spa features 950 rooms with dramatic desert and mountain views among lush grounds and gardens. The elements of fire, water, earth, and sky are woven into the resort experience, amenities, and decor. Arizona’s largest luxury resort offers Marriott’s first Revive Spa, a fitness center and movement studio, seven dining outlets, 240,000 square feet of indoor and outdoor meeting space, and the exclusive Griffin Club. The AAA Four Diamond resort also boasts four acres of elaborately landscaped waterways, including five pools, a 1,600-foot Lazy River and three unique multi-story waterslides that opened in summer 2023. A destination for the active, the expansive resort offers ample opportunity to explore the outdoors and delight in 330+ days of sunshine a year, with on-site amenities such as 17 pickleball courts, three tennis courts, 36 holes of championship golf at Wildfire Golf Club, and bike rentals, along with convenient access to nearby hiking and fitness trails.
About Phunware
Phunware, Inc. (NASDAQ: PHUN) is an enterprise software company specializing in mobile app solutions with integrated intelligent capabilities. We provide businesses with the tools to create, implement, and manage custom mobile applications, analytics, digital advertising, and location-based services. Phunware is transforming mobile engagement by delivering scalable, personalized, and data-driven mobile app experiences.
Phunware’s mission is to achieve unparalleled connectivity and monetization through the widespread adoption of Phunware mobile technologies, leveraging brands, consumers, partners, digital asset holders, and market participants. Phunware is poised to expand its software products and services audience through its new Generative AI platform, utilize and monetize its patents and other intellectual property, and reintroduce its digital asset ecosystem for existing holders and new market participants.
For more information on Phunware, please visit www.phunware.com . To better understand and leverage generative AI and Phunware’s mobile app technologies, visit ai.phunware.com .
Safe Harbor / Forward-Looking Statements
This press release includes forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, business strategy and plans, and our objectives for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “will,” and similar expressions are intended to identify forward-looking statements. For example, Phunware is using forward-looking statements when it discusses the adoption and impact of emerging technologies and their use across mobile engagement platforms.
The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us. These forward-looking statements involve risks, uncertainties, and other assumptions that may cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors” in our filings with the SEC. We undertake no obligation to update any forward-looking statements.
By their nature, forward-looking statements involve risks and uncertainties. We caution you that forward-looking statements are not guarantees of future performance and that our actual results may differ materially from those expressed or implied by these forward-looking statements.
Investor Relations Contact:
Chris Tyson, Executive Vice President
MZ Group - MZ North America
949-491-8235
[email protected]
www.mzgroup.us
Phunware Media Contact:
Joe McGurk, Managing Director
917-259-6895
[email protected]