The Week, That Was – Sep 2020 Week 1

In five minutes or less, keep track of the most important news of the week, curated just for you. We present to you hand – picked news on latest industry perspectives and some general updates. Read on!!

eRevMax expands connectivity offering in Europe with Veturis Travel

Travel technology leader eRevMax announced it has completed integration with one of Europe’s fastest growing travel wholesalers, Veturis Travel. The seamless connectivity will facilitate real-time data transfer between hotels and the bed bank through RateTiger and LiveOS platform and help in expanding its direct contacts with accommodation providers.

What today’s travelers want in their accommodations

Of the 9 in 10 travelers who would be comfortable booking accommodations for a leisure trip in September or October, travelers are most comfortable staying in a vacation rental (31%), followed by chain hotels (28%), and resorts (15%), according to new Expedia data.

The state of group travel

The year 2020 was supposed to be a good year for the roughly 150 member brands of the USTOA. Nearly half were forecasting a “boom year,” with growth of at least 7% to 10%

Hoteliers plan for a budget season unlike any other

As the pandemic has thrown off expectations for most of 2020 and limited the usefulness of historical data to guide the process, hoteliers are saying setting a budget for 2021 is a completely new experience.

Pricing principles to maximize hotel revenue during COVID-19

The sudden demise of travel demand on a global scale is an opportunity for your hotel to switch to dynamic pricing if you were not already doing so. Here are some things to consider when setting rates in the current market.

Monitor your competitor’s price movement with #RateTiger Shopper  –

How travel will be bought and sold in August 2021

Brand loyalty will be a more critical factor in future travel decisions than ever before, and experts predict an upside for direct bookings for travelers who are looking at brands that provided assurances about safety and health protocols.

Reach out to us for your connectivity needs to make the most of your online revenue-

Thanks and have a good day!

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