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Vemanti Group Inc (symbol: VMNT) is a holding company that focuses on growing through acquisition, integration, and development of unique and emerging businesses. They seek out businesses with easily start-able products and partner with them, either through joint ventures or wholly owned subsidiaries. Vemanti provides business analysis, development, personnel, and management to startups in exchange for an equity stake.
Vemanti Group's subsidiary, VinHMS, has expanded its regional presence in Southeast Asia, adding new customer deployments in Thailand, Cambodia, and the Philippines. This expansion brings VinHMS's operations to five countries, including Singapore and Vietnam. The company's CiHMS platform has been implemented in various hotels, including Hotel Zing in Thailand, an undisclosed client in Manila, and the Elite Hospitality and Management group in Cambodia.
VinHMS's technology enables hotels to unlock new revenue streams through additional products and improved guest experiences. The platform's flexibility allows it to adapt to both large 5-star hotels and smaller budget accommodations. This expansion aligns with Vemanti's vision of delivering cutting-edge hospitality solutions across Southeast Asia and is expected to drive strong sales growth in the second half of the year.
Vemanti Group signed a three-year, automatically renewable revenue-sharing agreement with Vinpearl to deploy its CiHMS platform for Vinpearl’s new homestay brand, StaynFun. This collaboration aims to enhance revenue growth and establish Vemanti as a leader in hospitality innovation.
VinHMS, a Vemanti subsidiary, will introduce AI-driven digital concierge services to boost guest satisfaction and create new revenue streams. The platform will manage short-term rental operations, leveraging AI features like facial recognition, virtual ID, real-time analytics, automated customer support, efficient housekeeping, and predictive maintenance.
StaynFun aims to offer high-quality, short-term rental solutions across Vietnam, with VinHMS expecting over $1M in annual recurring revenue. The partnership underscores Vinpearl's commitment to luxury and technological innovation.
Vemanti Group, Inc. announced a groundbreaking partnership between its subsidiary, VinHMS, and Swiss-Belhotel International to implement digital infrastructure for the Epic Tower Swiss-Belresidences in Hanoi, Vietnam. The collaboration aims to enhance guest experiences and operational efficiency, solidifying VinHMS's position in the hospitality technology sector.
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