Latest News from Hospitality Industry – W1, May 2022

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

At its annual partner event, EXPLORE, Expedia Group debuted a three-tiered strategy to redefine its place in travel.

RateTiger publishes featured partners for April with Expedia, Hotelbeds and tiket.com making to the list.

Airbnb announced a big earnings quarter that hinted at a big change coming : a complete redesign of how people search on its service.

Booking Holdings has just delivered its highest quarterly tally of travel planning in the company’s history, it’s racing to fill a specific hole in its stable of flight, hotel, car rental and other vacation and leisure reservation offerings: alternative accommodations.

Travel demand has “soared” but beware of new challenges also the travel landscape has changed, and customer behaviours have too. It’s time for hotel marketers to shake up their strategy and adapt accordingly.

Reach out to us for your hotel channel manager, rate shopper, booking engine, website development or digital marketing requirements. We are happy to have a discussion to see how we can help you achieve your property’s occupancy and revenue goals – contact us today.

Enjoy the read!

Expedia’s three-pronged approach to serve traveler needs.

At its annual partner event, EXPLORE, Expedia Group debuted a three-tiered strategy to redefine its place in travel, including a new technology platform to power the industry called Expedia Group Open World; a reimagined marketplace that rewards partners for delivering great traveler experiences

https://www.webintravel.com/expedias-three-pronged-approach-to-serve-traveller-needs/

RateTiger publishes featured partners for April – Rewarded Elite Status on Expedia & offers OBP on Hotelbeds

RateTiger has achieved Elite Connectivity status with Expedia Group. Further the company is the 1st hotel channel manager to offer Occupancy Based Pricing (OBP) on Hotelbeds. RateTiger has also featured tiket.com, one of the leading channels in APAC for attracting more demand for hotels in the region. If you are looking to expand online distribution for better visibility and improving room occupancy for your property, then contact RateTiger today.

https://lnkd.in/g2WvHmQ3

Airbnb’s next big change: Search

Searching for travel online has worked the same way for the past 25 years: you enter a location and dates into a search box. But the world has changed.

https://skift.com/2022/05/03/airbnbs-next-big-change-search/

Booking.com’s alternative accommodation push

The company is launching new marketing campaign and continued investment in the alternative accommodation space.

https://www.pymnts.com/travel-payments/2022/booking-holdings-eyes-airbnb-expedias-vrbo-in-push-to-offer-alternative-accommodations/

Travel agent business is booming

The complexity around travel has presented an opportunity for agents across business and leisure travel that has led to a “phenomenal increase in new to agent business”.

https://www.businesstravelnewseurope.com/Management/Business-is-booming-but-beware-new-challenges-warns-Advantage-boss

The future booking landscape: What hotel marketers need to know.

The travel landscape has changed, and customer behaviours have too. It’s time for hotel marketers to shake up their strategy and adapt accordingly.

https://www.triptease.com/blog/the-future-booking-landscape-what-hotel-marketers-need-to-know/

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