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Hippo Video Revolutionizes Hospitality Sales with AI-Powered Video Automation

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1 year ago

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Hotels report 60% faster deal closures and a 3X boost in RFP engagement with Hippo Video’s AI-powered automation platform.

NEWARK, Del., April 22, 2025 /PRNewswire/ — Hippo Video today announced the launch of an AI agent that’s solving the biggest bottleneck in hotel sales: the endless, time-consuming RFP process. The platform now helps hotel sales and marketing teams handle RFPs faster by cutting down manual work, sending personalized video proposals at scale, and closing deals faster than ever before.

With Hippo Video’s AI agent, hoteliers get both personalization and productivity at scale.

The innovative solution addresses critical pain points in hospitality sales operations by enabling properties to convert static PDFs into engaging video proposals in just a few minutes. Industry research indicates nearly 50% of RFPs go unanswered due to overwhelming administrative burdens. In an industry where speed, personalization, and guest-centricity define success, (particularly for group sales like SMERF & MICE categories), hotel sales teams often find themselves overwhelmed—juggling dozens of RFPs, copying data into legacy systems, responding manually to repeated queries, and conducting one-on-one virtual property tours with prospects across time zones. These inefficiencies cost hotels millions in missed opportunities and delayed conversions.

Hippo Video is changing that.

The solution addresses these challenges by transforming the entire sales communication process. Instead of static PDF proposals that often go unread, prospects receive dynamic, personalized video experiences that walk them through every aspect of the hotel’s offering. The built-in AI video chatbot ensures questions are answered immediately rather than requiring follow-up calls or emails from busy sales staff.

The platform’s intelligent automation capabilities allow hotels to fully automate responses for smaller RFPs while enabling sales teams to focus their expertise on high-value opportunities. With Hippo Video, hospitality sales teams can now automatically generate and send full-fledged RFP video proposals directly from their email—with just a single click .

When an RFP is received, Hippo Video’s AI engine automatically extracts key data and generates a fully branded, customized video proposal—often in under four minutes. The platform’s standout feature is its ability to create personalized “Deal Rooms” for each prospect, featuring a virtual tour, conversational avatar bot, and supporting materials designed to answer questions and move prospects along the sales journey.

“Our automated solution doesn’t just save time and effort. It elevates the entire sales process and creates memorable experiences for prospects from their very first interaction with your property. With Hippo Video, your first impression is no longer a generic email—it’s an immersive, personalized video that walks your prospect through exactly what makes your property special. We’ve seen an 80% drop in proposal clarification requests because prospects feel they’ve already visited the hotel virtually”—says, Karthi Mariappan, CEO of Hippo Video

Initial hospitality customers of Hippo Video report transformative results, including 60% faster deal closures, three times higher RFP engagement, an 80% reduction in proposal clarifications, and a 1.6X boost in lead volume after implementing the video solution.

From global chains to boutique hotels, hospitality brands are leveraging Hippo Video’s unique blend of automation, personalization, and scalability to regain lost bandwidth and focus on what matters most: building better relationships.

Hippo Video has also introduced their conversation AI video bot for the Hospitality Industry, which can work around the clock, answering FAQs, guiding prospects through proposals, and even sharing follow-up materials based on user behavior—all without needing human intervention. Sales teams can also track prospect engagement in real-time, gaining visibility into which sections of the proposal are being watched, revisited, or skipped—enabling perfectly-timed follow-ups that convert.

This future-forward solution is also designed with scale in mind. Smaller RFPs can be fully automated, while freeing up senior reps to focus on high-touch deals.

“A hotelier’s highest commitment is to make every guest and prospect feel seen and valued. Hippo Video’s AI agent is the perfect go-to tool for hoteliers—you no longer have to choose between personalization and productivity. You get both—at scale,” says Chip Rogers, Former President & CEO, American Hotel & Lodging Association (AHLA) and Current Advisory Board Member at Hippo Video.

About Hippo Video

Hippo Video is an AI-powered video automation platform helping businesses create, personalize, and scale videos with speed and precision. Its AI video solutions empower teams across sales, marketing, customer success, and training to transform plain text into humanlike video experiences—complete with lifelike avatars, real-time video bots, and interactive storytelling.
Headquartered in Delaware, and trusted by global brands like British Airways, Amazon, Panasonic, and Freshworks, Hippo Video makes it easy to simplify complex workflows, track campaign performance in real time, and deliver measurable results—without burning out your teams. Interested professionals can book a free demo to see Hippo Video in action.

Media Contact:
Ghanesh Gurumurthy
ghanesh@hippovideo.io
+1 530 203 6352
LYCEUM TECHNOLOGIES, INC. (DBA. HIPPO VIDEO)
2035 Sunset Lake Road, Suite B-2, Newark, Delaware, 19702

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SOURCE Hippo Video

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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54 minutes ago

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July 23, 2026

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

Published

54 minutes ago

on

July 23, 2026

By

NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

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54 minutes ago

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July 23, 2026

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Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fathom-applauds-introduction-of-the-frontier-act-the-first-federal-blueprint-for-independent-ai-verification-302833546.html

SOURCE Fathom AI Inc.

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