What’s New in Hotel Online Distribution and Tech Trends? W1, October 2022

Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.

  • Lithuania-based upscale property Art City Inn experiences strong recovery and expansion in online bookings. Read in the first news how RateTiger products are helping them to maximize their revenue.
  • Hoteliers Adapt, No Longer To Survive But To Thrive. Read further leaders of major hotel brands are applying strategies to drive demand to their properties and gain market share for the brands.
  • According to New Industry Poll from GBTA, business Travel Continues Bouncing Back with a Strong Outlook for 2023
  • Interest has skyrocketed since the pandemic, with a number of high profile establishments focusing their attention on those suffering from sleep- deprivation.
  • Hoteliers Refine Channel Strategies To Maintain Profits
  • Google Search now has a grid layout option labeled “more hotels.” This is even when Google shows the hotel listings sections, other hotel listings, explore more hotels, and now also this “more hotels” four grid layout.

Reach out to us for discussions regarding connectivity, direct booking, rate intelligence, website design, and digital marketing requirements – we are happy to explore new possibilities with you for your property  – contact us today.

Enjoy the read!

RateTiger Newshound

Art City Inn Vilnius recommends RateTiger Channel Manager & Booking Engine for Revenue Growth

Lithuania-based upscale property Art City Inn has been leveraging RateTiger Channel Manager and Booking Engine for optimizing and expanding online distribution. The property has experienced excellent growth in bookings by adding new source markets through RateTiger’s wide network of demand channels as well as driving direct bookings from their brand website.

https://ratetiger.com/art-city-inn-vilnius-recommends-ratetiger-channel-manager-booking-engine-for-revenue-growth/

Europe’s hotel industry ripe for growth

Hotel operators are applying lessons learned during the COVID-19 pandemic to strategies to drive demand to their properties and gain market share for the brands.

https://www.costar.com/article/524142778/hoteliers-adapt-no-longer-to-survive-but-to-thrive

GBTA: Business travel continues bouncing back with a strong outlook for 2023

Bookings and spending continue to recover, international travel narrows the gap on domestic travel, economic concerns eclipse COVID-19, even as higher expectations prevail for 2023.

https://www.gbta.org/business-travel-continues-bouncing-back-with-a-strong-outlook-for-2023-according-to-new-industry-poll-from-gbta/

 The rise of sleep tourism

Sleep tourism has been growing in popularity for a number of years, with an increasing amount of sleep-focused stays popping up in hotels and resorts across the world.

https://edition.cnn.com/travel/article/sleep-tourism-wellness/index.html

Hoteliers refine channel strategies to maintain profits

As the industry comes down from its leisure-driven demand high of the summer, revenue experts are being forced to look more closely at where and how they find new streams of demand.

https://www.costar.com/article/856449429/hotel-revenue-managers-scrutinize-costs-of-acquiring-group-business-guests

Google adds “more hotels” section

The new section adds four more hotels in SERPs, in addition to the existing “other hotels” and “explore more hotels” sections.

https://www.seroundtable.com/google-more-hotels-grid-layout-34182.html

 

What’s New in Hotel Online Distribution and Tech Trends? W5, September 2022

Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.

  • The tourism industry is on its comeback post covid. As per UNWTO World Tourism Barometer, international tourism has recovered 60% of the pre-pandemic level from January-July 2022
  • Integrating Photo API into your hotel channel manager is the key to boosting your hotel’s listings with the medium of images that narrates your hotel’s story.
  • Though World Cup 2022 expects to drive mass tourists to Qatar in November & December, STC reports the same level of bookings as last year.
  • Keen on their determination to go non-plastic and Net Zero Carbon organization by 2050 Avani hotels commit to a greener future of sustainable tourism.
  • OYO World Tourism Day study reports June 2022 was the biggest travel month in India since the pandemic.
  • Artificial Intelligence (AI) and Robotic Process Automation (RPA) to streamline the workflow between the front end and back end of the hospitality service, cutting down the labor cost and reducing manual errors.

Reach out to us for discussions regarding connectivitydirect bookingrate intelligencewebsite design, and digital marketing requirements – we are happy to explore new possibilities with you for your property  – contact us today.

Enjoy the read!

Tourism Industry on its comeback to the pre-pandemic level

The international tourism industry shows a strong sign of recovery in 2022. Europe and the Middle East showed the fastest recovery in January-July 2022, with arrivals reaching 74% and 76% of 2019 levels respectively.

https://www.hospitalitynet.org/news/4112618.html

Boost the best of your property with Photo API

An image speaks a thousand words. And when it comes to securing guest attention, visuals give hotels the power to tell their property’s story. Photo API gives you the power to create that impact on traveler’s mind to make a booking in your hotel. All you need to do is integrate the API with the hotel channel manager or CRS. To know how visit:

https://ratetiger.com/photo-api-upload-edit-manage-your-hotel-images/

World Cup Bringing the Region Together in Dubai

The World Cup 2022, to be held from mid-November to December, is the largest high-profile event of 2022 to take place in Qatar. With the entire world looking forward to it, new infrastructures and hotels have been developed and other GCC nations bringing a direct impact on the contribution of the travel and tourism industry towards the local economy of Qatar. It will be exciting to see the growing impact of the event on Qatar and surrounding countries as the event nears in the next few weeks and months.

https://www.hotelnewsresource.com/article122832.html

Avani Hotel Commits to A Greener Future of Sustainable Tourism

Announcing its decision to support the global travel ecosystem, Avani adds over 30 properties across the globe to the list of signatories to the UNESCO Sustainable Travel Pledge. In its pledge to become a Net Zero Carbon organization by 2050 Avani is introducing science-based targets for energy and has pledged to reduce the usage of single-use plastic by 75% by 2024.

https://eglobaltravelmedia.com.au/2022/09/27/avani-hotels-commits-to-a-greener-future-of-sustainable-tourism/

June 2022: The Biggest Travel Month in India post-pandemic

Booking data studied by OYO from January 2022 – September 2022 highlights a 62 percent uptick in leisure tourism between January -September 2022 as compared to the same period last year. This growth is attributed to high consumer confidence combined with unprecedented pent-up demand in travel across India.

https://hospitality.economictimes.indiatimes.com/news/travel/june-2022-was-the-biggest-travel-month-since-the-pandemic-oyo-world-tourism-day-study/94479640

Robotic Process Automation to fill the shortage of manual labour

Hotel operators are facing intense pressure to mitigate rising labor costs while still providing exemplary customer service. May 2022 AHLA survey, 97% of hotels indicated they are experiencing a staffing shortage, 49% severely so. Survey respondents indicated they had hired an additional 23 employees per property in the last three months but were also trying to fill an additional 12 positions. Searching for solutions, Robotic Process Automation (RPA) comes to the rescue.

https://www.hospitalitynet.org/opinion/4112663.html

What’s New in Hotel Online Distribution and Tech Trends? W4, September 2022

Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.

  • The hotel industry has some serious investments to make in improving guest experience if hoteliers want to maintain current high rates, hotel revenue managers said.
  • Budget plays a significant role. A cost-effective and feature-effective channel manager software will save your investments, time and enhance the guest experience. Learn from 2nd piece of news below tips to choose the best hotel channel manager.
  • 2022 forecast for digital ad spending by the US travel industry, including breakouts for search, display, and video advertising, as well as mobile versus nonmobile advertising.
  • As the industry begins to embrace Travel 3.0, the third version of the internet is expected to bring autonomy to the existing internet through decentralized technology and the application of Artificial Intelligence.
  • Recent estimates by travel management company CWT and the Global Business Travel Association show that corporate travel prices are likely to rise in 2023.
  • As much as the landscape in the hospitality industry changes, some things stay the same when it comes to setting expectations for the average hotel stay.

Reach out to us for discussions regarding connectivity, direct booking, rate intelligence, website design, and digital marketing requirements – we are happy to explore new possibilities with you for your property  – contact us today.

Enjoy the read!

RateTiger Channel Manager

Hotel guest experience needs to improve to maintain rates

The hotel industry has serious investments to improve the guest experience if hoteliers want to keep current high rates.

https://www.costar.com/article/1569553418/hotel-guest-experience-needs-to-improve-to-maintain-rates

Tips to Choose the Best Hotel Channel Manager

Are you a hotel owner looking to grow your online business in this modern, tech-savvy age of travelers? The size of your hotel, budget, OTA connections, and various other factors play a significant role in helping you decide which hotel channel manager software you should use. Know the tips to Choose the Best Hotel Channel Manager – https://lnkd.in/g2WXP_C6

U.S. travel industry digital ad spending 2022

After an unexpected 42.7% boom in 2021, the travel industry is set to increase its ad buying by another 22.5% this year.

https://www.insiderintelligence.com/content/us-travel-industry-digital-ad-spending-2022

Web 3.0 unleashing the possibilities for corporate travel

As the industry begins to embrace Travel 3.0, powered by a wave of innovations built on mobile consumer technology, it can be anticipated that more significant changes are coming.

https://hospitality.economictimes.indiatimes.com/news/speaking-heads/web-3-0-unleashing-the-possibilities-for-corporate-travel/94298730

Consumers could end up spending a lot to travel in 2023

If demand stays strong, consumers could pay more to travel in 2023 than this year.

https://www.fool.com/the-ascent/credit-cards/articles/will-you-pay-more-to-travel-in-2023/

What do guests want in a modern hotel stay?

As much as the landscape in the hospitality industry changes, some things stay the same when setting expectations for the average hotel stay.

https://www.infor.com/blog/what-do-guests-really-want-in-a-modern-hotel-stay-5-essentials

 

 

 

What’s New in Hotel Online Distribution and Tech Trends? W2, September 2022

Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.

  • Crafting and planning a hotel pricing strategy is not a layman’s task. To sell your rooms at the best available price you need to go beyond cost and profit. Read in the first news below to know how to set the best price for your hotel.
  • The architects, hoteliers, space pioneers and designers shaping what travel looks like in 2022 and beyond.
  • The relationship between hoteliers and online travel agencies has improved, what’s different now and the ways new technology is improving the guest booking experience.
  • U.S. retains its position as the world’s biggest Travel & Tourism market despite lengthy travel restrictions by boosting domestic travel.
  • Google asked more than 7,000 travelers from six countries how they plan a trip from beginning to end, starting with what inspired them to travel. Know more how to earn more valuable bookings.
  • TravelTime World launched a marketing campaign recently called ‘The Heat Is On’ highlighting the low cost per day of long-stay holidays.

Reach out to us for discussions regarding connectivity, direct booking, rate intelligence, website design and digital marketing requirements – we are happy to explore new possibilities with you for your property  – contact us today.

Enjoy the read!

RateTiger- news- hotel industry

Room Rate API to Set the Best Price for Your Hotel

Do you know how much is your competitor charging for similar rooms? Having a clear status on the market demand and a competitive pricing strategy will help you price your rooms to your advantage. Learn from this article how to set the best room rates – https://lnkd.in/g_kBfreC

Meet 9 people who are changing the future of travel

It’s tempting to see the future as bigger, and bolder, but in many ways, we see the next era as gentler: more sensitive, more diverse and community-oriented – less about grand.

https://www.cntraveller.com/article/people-who-are-changing-the-future-of-travel

Hotel, OTA relationship has improved

The relationship between hoteliers and online travel agencies had been fraught for many years, but that has changed since the start of the COVID-19 pandemic.

https://www.costar.com/article/740396411/hotel-online-travel-agency-relationship-has-improved-executives-say

US remains world’s biggest travel & tourism market

Research by Oxford Economics for WTTC shows there has been no change in the top three countries – with China second and Germany third.

https://wttc.org/News-Article/us-retains-its-position-as-the-worlds-biggest-travel-and-tourism-market-despite-lengthy-travel-restrictions-by-boosting-domestic-travel

Google on how to earn more valuable bookings

Needs-based bookings are more valuable than price-based ones, lifting revenue across major categories.

https://www.thinkwithgoogle.com/feature/travel-customer-journey-in-2020

Is energy tourism a new travel trend?

A UK company is encouraging travelers to book a winter holiday to avoid high energy bills.

https://www.euronews.com/travel/2022/09/05/is-energy-tourism-a-new-travel-trend-a-winter-escape-could-be-cheaper-than-paying-your-bil

 

 

Latest News from Hospitality Industry – W1, September 2022

Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.

  • Bahrain-based Al Safir Hotel & Tower has found its perfect technology partner in RateTiger. Recommends RateTiger Shopper, Channel Manager & Booking Engine for total online distribution.
  • US hotels set another monthly record for average daily rate (ADR) in July, according to hospitality research firm STR, in a further sign of the rapid recovery in the global hotel industry as well as inflation pushing up prices.
  • As per ETC’s (European Travel Commission) forecast, Europe is going to recover 70% of the pre-pandemic travel revenue by 2022 end with summer bringing the maximum.
  • For brands that are beginning their planning for this year’s holiday season, let’s take a look at five best-practice strategies for success in 2022. Read on to know how you can make it work for your property.
  • Market study on hotel distribution in the EU – OTAs account for 44% of independent hotels’ room sales, a slight increase relative to 2016.
  • A new study shows the best hotel price comparison sites for travellers – check our the results.

Reach out to us for discussions regarding connectivity, direct booking, rate intelligence, website design and digital marketing requirements – we are happy to explore new possibilities with you for your property  – contact us today.

Enjoy the read!

Al Safir Hotel & Tower Trusts RateTiger for Rate Parity and Revenue Management

The 4-star luxury property has been leveraging eRevMax solutions, including RateTiger Shopper for rate intelligence and managing price parity, Channel Manager for keeping rates and availability in sync across all sales channels as well as Booking Engine for keeping brand.com updated with real-time inventory and rates.

https://ratetiger.com/al-safir-hotel-tower-trusts-ratetiger-for-rate-parity-and-revenue-management/

US hotel rates reach another record high as sector recovers

ADR in the US reaches $159.08 in July, 17.5% higher than in July 2019

https://www.businesstravelnewseurope.com/Accommodation/US-hotel-rates-reach-another-record-high-as-sector-recovers

How are Europeans Travelling this Summer in 2022?

As per European Travel Commission’s forecast, Europe is going to recover 70% of the pre-pandemic travel revenue by end of 2022, with summer bringing the maximum. When it comes to choosing accommodation, 57% of European travelers have a likeliness towards hotels. Let us have a look at what is on the bucket list of European travelers this summer 2022- https://lnkd.in/gWaqcear

Holiday 2022: How brands can stand out this season

For brands that are beginning their planning for this year’s holiday season, let’s take a look at five best-practice strategies for success in 2022.

https://www.fastcompany.com/90780916/holiday-2022-how-brands-can-stand-out-this-season

European Commission publishes market study on hotels’ distribution practices

The results of the market study do not indicate any significant change in the competitive situation in the hotel accommodation distribution sector in the EU compared to 2016.

Download the PDF – https://competition-policy.ec.europa.eu/system/files/2022-08/kd0722783enc_hotel_accomodation_market_study.pdf

Which website has the cheapest hotel rates?

A new study analyzed 1,000 hotels across twenty cities, within the U.S. and internationally to find which comparison site is the best.

https://www.cnbc.com/2022/08/26/how-to-find-cheap-hotel-rooms-survey-compares-popular-website-rates.html

 

Latest News from Hospitality Industry – W4, August 2022

Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.

  • RateTiger’s Channel Connectivity has helped Bel Air Hospitality improve revenue and occupancy – find out how.
  • Excellence in hotel operations means happier guests, better staff, and more profits for your investors – check out why Operations should be your No. 1 focus area.
  • Metasearch is playing a bigger role in hotel bookings – read on to know how you can make it work for your property.
  • Expedia published top insights that hotels can leverage for a successful end of 2022.
  • Offline reservations still make up a quarter of total European hotel bookings. Know what you should be doing to attract more direct and walk-ins.
  • Reviews have never been more important in travelers’ decision-making process. Keep a close eye on guest reviews to generate more bookings.

Reach out to us for discussions regarding connectivitydirect bookingrate intelligencewebsite design and digital marketing requirements – we are happy to explore new possibilities with you for your property  – contact us today.

Enjoy the read!

RateTiger- newshound

Bel Air Hospitality Gets Back to Business Recovery with RateTiger Channel Manager

Read the full story – https://ratetiger.com/bel-air-hospitality-gets-back-to-business-recovery-with-ratetiger-channel-manager/

Why operations should be your #1 priority now

To succeed in hospitality today, you need to focus on operations above all else: sales, marketing, design, technology, or revenue management.

https://hoteloperations.com/why-operations/

How does Hotel Metasearch Work?

A metasearch engine works by taking a traveler’s query and generating the related search. For instance, if a traveler is looking for hotels in a particular place for so and so dates, then these metasearch websites will generate search results showcasing the property name, location, room type, room rates and so on. Read this article to know the best ways to work with metasearch – https://lnkd.in/gqJSBsgT

Five trends hotels can leverage for a successful end of 2022

Expedia data suggests many positive trends for the travel industry, including an increase in long-haul travel, higher hotel average daily rates, and lower cancellation rates.

https://advertising.expedia.com/blog/travel-trends/top-5-trends-hotels-2022/

More than half of guests book their European accommodations directly with hotels

All in all, direct online bookings, booking through online travel platforms, and social media made up 64.6 percent of all European hotel bookings in 2022, according to new data from Statista.

https://www.statista.com/chart/28051/european-hotel-bookings-by-channel/

Social proof becomes make-or-break point for vacation booking

According to a new study, 82 percent of travelers won’t book their stay at a property without having first consulted consumer reviews – making them the make-or-break points for a vacation booking.

https://www.travelpulse.com/news/features/leisure-travel-trends-are-changing-rapidly.html

 

What’s New in Hotel Online Distribution and Tech Trends? W3, August 2022

Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.

  • With Google dominating the market, and around 15% of the hotel reservations coming from metasearch, make sure hotel is marketing on metasearch channels – read to know how.
  • Hotel automation is moving to new levels – check out what this New Orleans based hotel is doing differently.
  • Major travel booking sites focus on making online travel planning even more easy and intuitive through better search results.
  • Rakuten shares outcomes from recent research showcasing how travellers search, influencer channels by generation and various other interesting trends.
  • Innovative hotels are using NFTs to attract international travelers. In 2021 alone, NFTs transacted for more than $17 billion, generating earnings of more than $5 billion. Find out more about NFTs in the last news piece.

Reach out to us for discussions regarding connectivity, direct booking, rate intelligence, website design and digital marketing requirements – we are happy to explore new possibilities with you for your property  – contact us today.

Enjoy the read!

eRevMax - RateTiger blog

Metasearch – Hotel’s Best Friend to Drive More Direct Bookings

Online booking is now a key source of hotel bookings & metasearch plays a major role. The moment a user types a location on Google, multiple options are displayed along with the price and details of the same hotel on different sites. The facility of comparison before booking makes 94% of the travelers find the best deal on metasearch. Know more tips to win metasearch bookings – https://lnkd.in/gXrPeka6

Welcome to the world of hotel automation

Guests staying at a Sextant hotel in New Orleans check in without any interaction with a human being. They’re greeted by a virtual concierge visible on a computer monitor but based thousands of miles away.

https://www.protocol.com/enterprise/sextant-hotel-hospitality-automation-virtual#toggle-gdpr

Online travel planning is getting easier

Airbnb, Google Travel and a few other platforms have tweaked their search engines, and that means less slogging through pages and pages of results.

https://indianexpress.com/article/lifestyle/destination-of-the-week/at-last-online-travel-planning-becoming-a-little-easier-8098144/

How consumers search for travel deals

Brands are benefitting from consumers searching for affiliate channels and loyalty sites, especially when looking for hotel accommodations.

https://www.mediapost.com/publications/article/376747/rakuten-travel-research-shows-how-consumers-search.html

How hotels are using NFTs to attract travelers

NFTs are appealing to international travelers, especially Gen Z & Millennials who are early adopters.

https://www.traveldailymedia.com/how-innovative-hotels-are-using-nfts-to-attract-international-travelers/

 

Latest News from Hospitality Industry – W2, August 2022

Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.

  • What compels a guest to book a hotel? The revenue management strategy needs to consider price elasticity of demand, market rates, room availability, forecasted demand, target segment and social value. Read in the first news article about new metric to take into consideration is Total Revenue Per Available Room (TRevPAR)
  • Global travel prices to continue to increase according to CWT’s 2023 Global Business Travel Forecast
  • Learn about how the hotel owners are adjusting to changes and restrategizing the digital advertisements to run ads and reach the right traveler from 2024- the year Google finally bids farewell to third-party cookies.
  • Trivago would consider adding free links on Trivago to supplement paid links from advertisers
  • Europe’s hotels are now back to pre-pandemic profit levels, with gross operating profit per available room (GOPPAR) hitting €95.28 in June 2022
  • Two-thirds of bookings in Q2 generated from traffic that came directly to Expedia
  • Booking Slumps in Another Sign of Moderating Growth in Travel

Reach out to us for discussions regarding connectivity, direct booking, rate intelligence, website design and digital marketing requirements – we are happy to explore new possibilities with you for your property  – contact us today.

Enjoy the read!

RateTiger- newshound

Revenue Management In The Post-Pandemic Travel Landscape – By Andrew Morsi Founder President eRevMax

As revenue management moves from top line revenue to net profitability, focus has shifted from room revenue on a per-available-room basis to optimizing profits across all revenue streams, including food and beverage, spa, golf and club among other services. The new metric to take into consideration is Total Revenue Per Available Room (TRevPAR). This has led to attribute based selling that is now becoming popular with hotels. In this guest article, eRevMax Founder President Andrew Morsi shares his thoughts on Hotel Revenue Management in today’s travel landscape – https://www.hotelnewsresource.com/article122084.html

Business travelers set to see hotel rates rise by 8.2% in 2023

Hotel prices have already eclipsed 2019 levels in some areas such as Europe, the Middle East & Africa and North America and are expected do so globally by 2023.

https://www.prnewswire.com/news-releases/business-travelers-set-to-see-air-fares-rise-by-8-4-hotel-rates-by-8-2-and-car-rental-charges-by-6-8-in-2023–301602082.html

Future of Online Hotel Marketing Without Third-party Cookies

Have you started to consider adjusting and modifying your cookie policies? With Google planning to bid farewell to third-party cookies in 2023, here is all that you need to know about it. Read on to see how marketers can deal with the Cookie Withdrawal and make it work to your advantage as a hotelier – https://ratetiger.com/future-of-online-hotel-marketing-without-third-party-cookies/

Trivago considers adding free hotel links

In a Skift interview, the company said it would consider adding free links on Trivago to supplement paid links from advertisers.

https://skift.com/2022/08/10/trivago-considers-adding-free-links-like-google-did/

European hotel profit tops 2019 levels

Gross operating profit per available room was €95.28 in June 2022, slightly higher than the same month in 2019, according to the latest data from HotStats.

https://www.hotstats.com/hotel-industry-trends/european-hotel-profit-tops-2019-levels?hsLang=en

Expedia to focus on longer-term sustainable growth

Travel remains a top spending area for consumers even as other parts of the economy are slowing, giving executives at Expedia Group confidence in the future of travel.

https://www.costar.com/article/1180235670/expedia-group-targets-high-lifetime-value-customers

Booking forecasts record sales, confirming strength in travel

Booking reported total sales that nearly doubled to $4.29 billion in the second quarter, casting away doubts about weak consumer sentiment impeding travel plans.

https://www.bloomberg.com/news/articles/2022-08-03/booking-forecasts-record-sales-confirming-strength-in-travel?utm_source=google&utm_medium=bd&cmpId=google

 

Latest News from Hospitality Industry – W1, August 2022

Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.

  • Malta based Osborne Hotel experiences consistent growth with RateTiger Channel Manager and Rate Shopper. Read more in the first news below.
  • Booking Holdings Inc. shares slumped after the company indicated that the pace of growth is moderating globally, putting a damper on the market’s expectations for a strong summer travel season.
  • Starting this August, Expedia Group’s new search and sort factors will begin to affect sort order, giving the guest experience you offer more impact on your visibility.
  • Is it Really the End of Cookies? Though Google is crumbling cookies, this is your opportunity to reshape your advertising skills and focus on direct booking building a one-on-one direct relationship with the travelers.
  • Shoulder season bookings are increasing substantially year over year. Blended travel—business and leisure travel together—provides greater flexibility and has empowered the traveler of today.
  • Know Google’s three best practices to capture travel demand. For partners, such as airlines and hotels, the uptick in search activity is a positive sign, but one that still requires strategy to determine how to convert that consumer interest into bookings.

Reach out to us for discussions regarding connectivity, direct booking, rate intelligence, website design and digital marketing requirements – we are happy to explore new possibilities with you for your property  – contact us today.

Enjoy the read!

Malta based Osborne Hotel improves online revenue with RateTiger

Osborne Hotel, a 3-star luxury property in Valletta, has strongly recommended RateTiger as its technology partner of choice for hotel rate shopping, channel management and online distribution.

https://ratetiger.com/malta-based-osborne-hotel-improves-online-revenue-with-ratetiger/

Booking forecasts record sales, confirming strength in travel

Booking reported total sales that nearly doubled to $4.29 billion in the second quarter, casting away doubts about weak consumer sentiment impeding travel plans.

https://www.bloomberg.com/news/articles/2022-08-03/booking-forecasts-record-sales-confirming-strength-in-travel?utm_source=google&utm_medium=bd&cmpId=google

A quick guide to Expedia’s Search and Sort Factors update

Starting this August, Expedia Group is releasing new Search and Sort Factors in their marketplace that will affect how hotels appear in Expedia’s search results. Sign in to Expedia Group Partner Central to learn what you can do to achieve the best results on Expedia Group sites moving forward. You can regularly review these factors to see how you are performing and find recommended actions to help you continuously improve and compete in your market.
https://www.cendyn.com/blog/guide-expedia-search-sort-factors-update/

The End of Third-party Cookies – or is it?

Cookies are everyone’s favorite. Whether you are a kid munching them or a marketer using them to track users’ online behavior and run your ads to them, we all love cookies. But unfortunately, Google is ready to say goodbye to third-party cookies in 2023. Read on to understand what cookies are, what do they do and why Google is crumbling the third party cookies.

Read more – https://ratetiger.com/the-end-of-third-party-cookies-marketers-growing-conscious/

Why shoulder season is the next big travel trend

Seasonal high peak destinations are no longer getting the cold shoulder during shoulder season – thanks, in part, to people working remotely.

https://www.travelmarketreport.com/articles/Why-Shoulder-Season-Is-the-Next-Big-Travel-Trend

Google sees uptick in travel search activity

Searches for places to visit in the summer were up in Q2 two times globally year-over-year and searches for last-minute hotel deals were up 50%.

https://www.phocuswire.com/google-three-best-practices-travel-partners-capture-demand

 

 

What’s New in Hotel Online Distribution and Tech Trends? W2, July 2022

Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.

  • Occupancy rate is an important KPI for hotels as it helps you understand how many rooms are booked and how many are going vacant during each season. Read the first news below why it is very important for hotel industry.
  • com has launched its inaugural APAC Travel Confidence Index, which provides a snapshot of how confident consumers feel about exploring the world again, as well as whether they would welcome inbound travel.
  • Europe is expected to recover 70% of pre-pandemic travel demand in 2022.
  • After two years of restrictions and uncertainties, Americans are all set to hit the road this summer. Returning to pre-pandemic levels, WTTC (World Travel & Tourism Council) projected United States’ travel industry to contribute a sum of $2 trillion to the U.S economy in the year 2022.
  • With Google Ads – and specifically Search Ads – hoteliers can get their business in front of potential customers and get the right people to their website.
  • The study provides an in-depth analysis of summer 2022 tourism in Italy, including the top travel trends and hotel opportunities for the second half of 2022.

Reach out to us for discussions regarding connectivitydirect bookingrate intelligencewebsite design and digital marketing requirements – we are happy to explore new possibilities with you for your property  – contact us today.

Enjoy the read!

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What is a Good Hotel Occupancy Rate?

Hotel Occupancy Rate is one of the Key Performance Indicators (KPI) for hoteliers as it is directly related to revenue. For many hotels, an ideal occupancy rate is between 70% and 95% – though the sweet spot depends on the number of rooms, location, type of hotel, target guests, and more. Read further to have a clear understanding of what is occupancy rate for hotels, its importance, how to calculate it, and the ideal occupancy percentage. By the end of the article, you’ll be able to calculate occupancy rates (and RevPAR) and the ideal occupancy rate for your hotel- https://lnkd.in/dXVqeUbD

Asians are ready to explore the world

India emerged most confident with 86% of India travelers stating they intend to travel in the next 12 months; followed closely by Vietnam and China.

https://www.traveldailymedia.com/asians-are-ready-to-explore-the-world/

Strong outlook for European tourism

Short- and medium-haul travel to continue driving European tourism recovery, while arrivals from long-haul markets still lag significantly behind.

https://etc-corporate.org/news/strong-outlook-for-european-tourism-recovery-but-staff-shortages-and-cost-of-living-crisis-loom/

Top Summer Travel Trends to Look for in North America in 2022

Americans are all set to hit the road this summer. As per a recent market study by the American Express, this year 74% of the citizens are to book a trip, irrespective of the fact that they might need to modify it. With revenge travel firmly setting in, people are looking forward to creating experiences with renewed focus on workation and sustainable leisure tourism. Here we summarize the key findings on top summer travel trends and booking behavior of North Americans – https://lnkd.in/dST9SJRj

How hotels win on Paid Search in 2022

With Google Ads – and specifically Search Ads – hoteliers can get their business in front of potential customers and get the right people to their website.

https://www.triptease.com/blog/how-hotels-can-win-on-paid-search-2022/

The Hotels Network: Destination and hotel direct channel market data in Italy.

Identifying summer market opportunities to boost direct channel performance and destination awareness.

https://blog.thehotelsnetwork.com/hotels-italy-summer-trends