The Week, That Was – November 2019 Week 2

Russian upscale hotel recommends RateTiger for optimizing online revenue

Russian upscale property Petro Palace Hotel has recommended RateTiger, powered by LiveOS, for stable connectivity with online sales channels and competitor rate intelligence. The hotel has been a long-standing customer of RateTiger, using Channel Manager and Shopper for its online distribution.

https://bit.ly/2XkNf6A

Wholesalers impact on corporate hotel bookings

A study from American Express Global Business Travel and GfK finds that as many as 40% of US business travelers book outside of policy. This is not good news for hotels that still agree to static net rates, because as wholesale rates start to appear on the CBTs, these hotels will find their negotiated direct corporate rates undercut yet again.

http://www.eyefortravel.com/distribution-strategies/hospitality-staying-open-race-bottom

TripAdvisor: Trip.com deal ‘exciting opportunity’ in China

The strategic partnership between Trip.com Group, the company formerly known as Ctrip.com International, and TripAdvisor includes content agreements, a joint venture and a seat on TripAdvisor’s board for Trip.com Group.

https://www.travelweekly.com/Travel-News/Travel-Technology/TripAdvisor-Kaufer-Trip-dot-com-deal-exciting-opportunity-in-China

Google pushes travel websites down in free search results

Google dominates the online search market, with at least three quarters of the market. People use the search engine to research trips, so for at least a decade online travel agents have refined their websites with trustworthy content and easy booking tools to show up high in Google results.

https://www.bloomberg.com/news/articles/2019-11-08/google-s-search-ad-embrace-crushes-online-travel-agents

Booking Holdings sees brand collaborations as key to restoring growth on steroids

Are online travel agencies’ glory days, when revenue was growing 25 or 30 percent and room nights booked were jumping at similar clips, long-gone history? Is today’s competition in online travel, with Airbnb breaking through and Google asserting itself ever-more intensely, too rigorous to replicate the robust growth of a few years ago?

https://skift.com/2019/11/07/booking-holdings-sees-brand-collaborations-as-key-to-restoring-growth-on-steroids/

Business Travelers Sentiment Remains Strong With Most Frequent Travelers Wanting Even More Travel

Business travelers remain optimistic and sentiment remains strong despite economic headwinds in some parts of the world. Senior-level business travelers including senior/executive management (74 percent) and directors (77 percent) agree the health of the economy is excellent, according to the second wave of research out today from the GBTA Business Traveler Sentiment Index™ in partnership with RoomIt by CWT™, the hotel distribution division of CWT.

https://www.hospitalitynet.org/news/4095846.html

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