Industry round-up on Hotel Distribution and Technology News – W1, August 2021

Bhagini Icon premier Hotel India shares a strong recommendation for RateTiger Hotel Channel Manager, including a video testimonial – check it out in the first news piece below. Further on, we see strong recovery and gains by Booking.com as travel demand boosts in US and Europe, similar US trend data by STR. Shiji launched a Hotel Tech Distribution chart simplifying the landscape to showcase how hotels and guests interact with various technology at different levels of the booking process.  And finally a story showcasing how guest are coming back to hotels after a year of high demand for BnBs and alternative accommodation options.

Enjoy the read!

Indian Business Hotel recommends RateTiger for channel management

Bhagini Icon Premier, an upscale property in India has strongly recommended RateTiger for its hotel channel management capabilities and integrated connectivity platform. With RateTiger Channel Manager the hotel is saving their time daily through automated updates. Check out this video where Ramamurthy, Operations Manager at Bhagini Icon Premier hotel elaborates about his usage of RateTiger and why he strongly recommends it – https://lnkd.in/gCjeb-BK

Booking Holdings revenue triples on travel demand boost from U.S., Europe

Pandemic fears are driving people away from crowded hotels to alternative accommodations, with nearly one-fourth of the listings on Booking.com were for such accommodations at the end of the quarter.

https://www.reuters.com/business/booking-revenue-triples-travel-demand-boost-us-europe-2021-08-04/

STR: U.S. room rates reach all-time high

Historically, the middle weeks of July are the country’s highest occupancy weeks each year, and 2021 has been no different even as demand slows week to week.

https://str.com/press-release/str-us-hotel-results-week-ending-24-july

Hospitality Technology Distribution Chart 2021

The Hotel Technology Distribution Chart serves as a tool to help visualize the current hotel and hospitality technology landscape, how the various providers fit in, and their relationships with the hotel, the guest, and each other. RateTiger, a pioneer in Hotel Price Intelligence and Hotel Channel Management space, has been featured in this chart given the impact it makes in the industry through innovation, helping hotels maximize revenue on a daily basis. See the best providers in Hotel Tech Distribution space through this chart.

https://insights.shijigroup.com/introducing-shijis-hospitality-technology-distribution-chart-2021/

More travelers are looking at hotels again

After a year when consumers shifted to alternative properties like Airbnb and Vrbo homes, there is now evidence that they are returning to some of their old ways, according to the latest Trivago data.

https://www.barrons.com/articles/trivago-hotels-airbnb-travel-trends-51627940725

 

Reach out to RateTiger for your hotel channel manager, rate shopper, booking engine, website development or revenue management consultancy 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 https://goo.gl/3gKUJZ

 

 

 

 

 

 

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