The Week, That Was – February 2019 Week 3

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!!

Dubai midscale hotel recommends RateTiger for online connectivity

Chelsea Plaza Hotel, a midscale hotel in the heart of Dubai has recommended eRevMax solutions for managing online distribution. The 3 star property has been using RateTiger Channel Manager to maintain real-time rate and availability on online sales channels and receive reservations.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/feb2019-erevmax-dubai-midscale-hotel-ratetiger-online-connectivity.html

Hoteliers adjust pricing strategies to be more dynamic

Hoteliers’ strategic goals must include a more dynamic approach to pricing hotel rooms that can better adapt to shifts in demand.

http://hotelnewsnow.com/Articles/293736/Hoteliers-adjust-pricing-strategies-to-be-more-dynamic

 Expedia data reveals surge in inbound visitors to UK hotels

The latest data from travel platform Expedia Group has revealed that a surge of international visitors led to a growth in UK hotel stays throughout 2018

https://travolution.com/articles/110333/expedia-data-reveals-surge-in-inbound-visitors-to-uk-hotels

TripAdvisor reports growth in hotel and non-hotel segments

TripAdvisor’s total revenue rose 8% in the fourth quarter of 2018 to $346 million and grew 4% for the full year to $1.62 billion. The company reinvigorated hotel segment profitability while growing experiences and restaurants, two key strategic investment areas.

https://www.travelweekly.com/Travel-News/Travel-Technology/TripAdvisor-reports-hotel-and-non-hotel-growth

The hotel amenities travelers really want

What makes travelers content during their stay at a hotel? Do guests need extra packaged toiletries or a pool to rave about the establishment?

https://www.hotel-online.com/press_releases/release/the-hotel-amenities-travelers-really-want#When:19:50:01Z

Connect with us for your connectivity needs to make the most of online revenue- https://goo.gl/3gKUJZ

Thanks and have a good day!

 

Chelsea Plaza Hotel uses RateTiger Channel Manager powered by LiveOS to manage online distribution

Chelsea Plaza Hotel, a midscale hotel in the heart of Dubai has recommended eRevMax solutions for managing online distribution. The 3 star property has been using RateTiger Channel Manager to maintain real-time rate and availability on online sales channels and receive reservations.

Located at the prime location of Bur Dubai, Chelsea Plaza Hotel, formerly known as Rydges Plaza Hotel, is a popular choice for mid-range travelers, especially from the Indian subcontinent and South Asia. The hotel is leveraging RateTiger’s seamless connectivity with leading OTAs including the major ones in India.

The best thing about RateTiger Channel Manager is that it is very easy to use. The data analytics on budget and production on the LiveOS platform provides us a good heads-up.  We look forward to continuing our working relationship over the coming years,” said Siva Prasad, Asst. Front Office Manager, Chelsea Plaza Hotel.

Given that Chelsea Plaza Hotel primarily caters to international guests, along with midscale domestic travelers, it is important for the hotel to be present in all global online sales channels.  Our channel ecosystem has helped hotels to improve exposure and tap new markets. Backed by real-time data and analytics, hoteliers can respond to market dynamics more efficiently, and optimize online revenue,” said Ram Mohan Dubey, Regional Sales Director, eRevMax.

eRevMax is known for its stable solutions with 99% product uptime. While other companies struggle to offer continuous connectivity, eRevMax has invested in building a robust infrastructure to provide hoteliers with uninterrupted service over the last 18 years. The company offers excellent connectivity with over 400 online channels and provides 24×7 support.

Meet the team at ITB Berlin, Hall 8.1, Stand 132 from 6 – 9 March 2019, to discuss your connectivity needs.

The Week, That Was – February 2019 Week 2

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 SIGNS WITH ICE PORTAL TO DISTRIBUTE HOTEL VISUAL CONTENT WORLDWIDE VIA LIVEOS

eRevMax, the leading provider of hotel connectivity and online distribution solutions worldwide, has integrated with ICE Portal to help hoteliers manage, distribute and curate their online visual content for better brand visibility.

Hotels using LiveOS by eRevMax will now be able to integrate their visuals into ICE Portal’s cloud-based content management system (CMS). ICE Portal connects to thousands of leading global distribution channels as well as thousands of affiliated travel sites (including GDSs, OTAs and search sites) in twelve languages.

https://bit.ly/2GwVdmC

Why Guest Reviews Matter? Even the negative ones

There are several things that contribute to a hotel’s reputation – starting from pre-booking experience to service during stay – guests take note of many small and big details and form an opinion. The rating is just the reflection of the opinion. If your property provides impeccable service, create great experiences, then the positive reviews you have earned will improve your appeal and influence potential guests. The more satisfied guests you have, the more likely they are to return and spend more money, as well as recommend you to others.

https://bit.ly/2I8y10C

 Bleisure is the biggest trend in business travel

“Bleisure” is on the rise and it’s one of the biggest trends in business travel.

Blending work travel with leisure travel is one of the best perks of traveling for work. It helps save on vacation costs and creates a better work-life balance for travelers and the concept is growing by leaps and bounds as revealed in National Car Rental’s second annual State of the Business Travel Industry Survey.

 https://www.travelpulse.com/news/car-rental-and-rail/bleisure-is-the-biggest-trend-in-business-travel.html

 How Trivago finds ways to make more from less

Trivago’s fourth-quarter results were similar to what investors saw last quarter – revenue was down 8%. Yet the company once again got positive bottom-line results, seeing net income of 11.7 million euros.

https://www.fool.com/investing/2019/02/06/trivago-finds-ways-to-make-more-from-less.aspx

 Google tests Hotel Price Insights on desktop

Google rolled out hotel Price Insights feature to mobile devices last August after about 1 month of testing. Now the feature is finally being tested on Desktop. On desktop the feature is located under the Prices tab and is usually displayed to the right of rates box as 3 collapsed graphs – Market Comparison; Price Evaluation; and When To Book.

https://alakov.com/blog/google-tests-hotel-price-insights-desktop

 Google My Business supports hotel check-in and check-out times

Google is now giving hotels a way to communicate even more about their properties to customers.

https://bit.ly/2Sjv5CZ

 Hoteliers adjust pricing strategies to be more dynamic

Hoteliers continue to experiment with dynamic pricing but also seem to realize that even if guests receive all the industry’s latest education and thinking on rates, partnerships with online travel agencies will not be a thing of the past.

https://bit.ly/2GgkUZc

 Connect with us for your connectivity needs to make the most of online revenue- https://goo.gl/3gKUJZ

Thanks and have a good day!

 

 

 

EREVMAX SIGNS WITH ICE PORTAL TO DISTRIBUTE HOTEL VISUAL CONTENT WORLDWIDE VIA LIVEOS

eRevMax, the leading provider of hotel connectivity and online distribution solutions worldwide, has integrated with ICE Portal to help hoteliers manage, distribute and curate their online visual content for better brand visibility.

Hotels using LiveOS by eRevMax will now be able to integrate their visuals into ICE Portal’s cloud-based content management system (CMS). ICE Portal connects to thousands of leading global distribution channels as well as thousands of affiliated travel sites (including GDSs, OTAs and search sites) in twelve languages.

“We are thrilled to be working with eRevMax providing the technical solutions to manage and deliver visual content for their hotel customers everywhere,” said Henry Woodman, President, ICE Portal.

“We are glad to integrate ICE Portal within the LiveOS platform as it will help our hotel clients to optimize and distribute their property images effectively. Fresh visual content helps drive visibility which in turn will lead to better conversion for our hotel customers,” commented Gerard Carrie, COO, LiveOS.

ICE Portal is closely working with the LiveOS team at eRevMax to help optimize visuals (category, languages, meta-data, geo-codes and mapped IDs) for their supply partners worldwide to increase brand engagement and booking conversions.

Why Guest Reviews Matter? Even the negative ones

From the very beginning, a hotel’s success has a direct correlation with its reputation. if guide books and peer recommendations were the earlier source of motivation, in the age of digital, the new normal is to surf the web for hotel reputation – which alarmingly can be your biggest asset or liability.

There are several things that contribute to a hotel’s reputation – starting from pre-booking experience to service during stay – guests take note of many small and big details and form an opinion. The rating is just the reflection of the opinion. If your property provides impeccable service, create great experiences, then the positive reviews you have earned will improve your appeal and influence potential guests. The more satisfied guests you have, the more likely they are to return and spend more money, as well as recommend you to others.

According to a study by Deloitte, 59% consumers say that review sites have the most influence on their booking decisions. Another one, conducted by Cornel Hotel School in association with STR and Review Pro suggest that guest satisfaction has a direct impact on the business performances of the hotel. The study, in fact, predict, an increase of 0.89% increase in ADR due to 1 point increase in the hotel’s review score across all online and offline channels.

With Google, OTAs and review sites like TripAdvisor giving more weightage to review score, managing online reputation has become a focal point of hotel operations. With revenue being directly linked with demand, revenue management has now expanded from simple rate management and is now encompassing customer relations and social media into its strategy.

Truth to be told, reputation management is not an easy task, especially when it comes to negative reviews. Guests often over-expect and over-react which get reflected in the reviews. Interestingly, in 2017, the top 4 sites accounting for 74% of review volume are Booking.com, Google, TripAdvisor and Facebook.  Clearly, guests aren’t restricting their opinions to travel sites, but also to search engine and social media. Hotel cannot prevent reviewers from expressing their opinion. However, there is only thing they can surely do – respond, more do for negative reviews.

A recent study by Harvard Business Review suggests, replying to guest reviews results in better ratings. Interestingly, the study, which has studied TripAdvisor ratings over thousands of hotels, have found that there is a sharp drop in the rate of short negative reviews when the management starts responding to negative feedback.

Sure, it is not easy to please every guest. However, your willingness to accept constructive criticism shows your commitment to address the issues raised by the guest, which in turn assures your potential guests. Be polite and courteous, try to understand your guests’ concern and respond in a professional way.

However, guests share feedback on various review, travel and social media sites – which often lay scattered and unstructured. Online reputation management tools consolidate these guest reviews from various review websites including TripAdvisor, Bookign.com, Expedia, Agoda, Qype, Holidaycheck, Yelp, Expedia, Facebook, Twitter etc. and provide them to hotels in structured reports. Data is then compiled together into review reports which include guest details (as it appears on the site) along with their feedback and the rating they provide to the hotel. Most advanced review management sites nowadays use sentiment analysis to understand the guest’s emotion towards various aspects of the property. Keywords relevant to the properties are then identified, and ranked based on their popularity, frequency of mentions, and guests’ sentiments towards that category.

A strong visible position on guest review websites indicate that your Price Quality Index is working well, that will enable you to make the right pricing decisions based on RevPAR performance.  This will allow the hotel to flex their rates based on several pricing strategies depending on booking levels. However, there are no short cuts. It is an evolving process that must start today! As we move towards the age of consumer controlled brand conversations, hotels need to integrate customer feedback into their business approach and strategy planning.

By staying actively engaged with guests, hotels can ensure a more consistent and loyal base. Are you listening?

eRevMax completes integration with Portugal based Newhotel PMS

Hotel connectivity solution provider eRevMax has completed 2-way integration with Newhotel Software, a global hospitality technology company headquartered in Lisbon, Portugal. Mutual hotel customers can leverage this integration to update rate and availability to third party online booking sites whenever they are updated in the property management system and receive reservations from OTAs.

Newhotel Cloud Suite PMS incorporates a wide range of features for full-service hotels, and chains, independent of its size or operation. Known for its user-friendly interface and advanced features, the solution is a popular choice in Europe, South America and Africa, and currently caters to over 3000 properties in more than 50 countries. eRevMax’s distribution solutions are used by over 9000 hotels globally to manage online distribution.

“We’re proud to have eRevMax – RateTiger as our partner as they have become an inevitable option of integration for our clients worldwide. eRevMax offers some of the most innovative and intuitive hospitality e-distribution products in the industry, and our hotel customers can now take advantage of this integration to improve their online visibility and revenue,” said Pedro Matoso, CEO, Newhotel Software.

“South America and Africa remain our growth zone, and this strategic partnership with Newhotel, one of the fast growing PMSs in the region, strengthen our offering. A greater number of hotels can now leverage the benefits of our Channel Ecosystem while streamlining their distribution efforts,” said Ashis Saha, SVP – Project Management, eRevMax.

eRevMax offers seamless connectivity with around 400 OTAs & technology providers. The company is developing its connectivity solutions to offer sophisticated real-time revenue management functionality to the hospitality industry. This includes solutions for the independent market and scaling up through the Tier One enterprise hotel groups. eRevMax’s Channel Ecosystem facilitates quality certified connectivity and relationship management services to support complex revenue generation strategies.

For more details, please visit http://www.erevmax.com/ or contact us on marketing@erevmax.com

2019: Time to relook at your Hotel Cancellation Policies

With ‘Free Cancellation’ almost becoming a norm with major OTAs, high cancellation rate has become a source of major concern for hotels. Cancellation is not at all welcoming for the host, and sometimes for guests as well.

For a long time, hotel industry has been fairly flexible with the cancellation policies. However, with the popularity of meta-search sites, even after booking, consumers now keep track of room rates. Whenever there is a drop in the room rates of the booked hotel or it’s competing properties, guests often cancel their existing reservations and rebook.

This high cancellation rate especially closer to the arrival has a major impact on the hotel’s revenue management decision where often inflated estimation of potential occupancy level leads to sub-optimal rates and lost revenue.

In the last few years, major hotel chains have been relooking at their cancellation policies and developing a strategy to address the changed consumer behaviour. While some hotels have followed the airline way, and introduced non-refundable early-bird rates, some have extended the cancellation cut-off. Empowered with comprehensive reservation data sources, including cancellation information, and analytics, hotels are now making thorough assessment of cancellation cost to hotel’s revenue and fine-tuning their cancellation policies in a strategic way. If you are planning to re-work your cancellation policy, here are some tips you can consider.

Limiting the Cancellation Period

Free cancellation is a major draw, especially on OTAs, to attract potential guests. However leading hotel groups are now extending the cancelling notice period from existing 24 hours cut off to 72 hours. Guests who cancel after that are charged with a penalty which varies from the cost of one night’s stay to total booking amount.

Variable Policy

Many hotels are now adapting to a dual strategy where there is a non-refundable rate and relaxed cancellation policy for premium rates.

Partial Payment for Guarantee

High-demand hotels often charge one night’s stay immediately after booking and debit the rest of the amount closer to the arrival while enforcing a strict no-show / cancellation penalty. While booking, guests are made aware of these finer points and as a result think twice before going for cancellation.

Vouchers instead of refund

Boutique hotels and resorts are now adjusting their cancellation policy in a way where for a last-minute cancellation, instead of a penalty, or refund, they are offering a voucher which the guests can use for a future booking within a stipulated period of time.  It’s often a win-win situation where the hotel gets the revenue and the guests the option to modify their plans.

Loyalty member specific cancellation policy

Some hotel groups with their own loyalty programmes have designed member-exclusive cancellation policies where loyal guests are given the flexibility to cancel their stay at the last minute even as other guests have shorter window. This benefit additionally gives hotels another opportunity to improve their loyalty programme which eventually results in more direct bookings.

No Cancellation

While some hotels do have this policy, in the age of online booking and price-comparison sites, this policy is tending to lose its acceptance.

The choice of cancellation policy depends on the dynamics of the market, hotel size and categories. For a business hotel, it’s is very difficult to implement a strict cancellation policy, whereas high-demand leisure resorts can afford to do so.

For years the hotel industry has been relying on a cookie-cutter approach when it comes to their cancellation policy. It’s time for change. Monitor your reservation sources and identify channels where the cancellations are coming from. Based on their data, hotels need to create cancellation policy terms for each rate-category, plan and channel. An advanced system like RateTiger, for instance, allows restrictions and cancellation policies to be assigned and updated for different rate plans on OTAs. The reservation delivery options immediately notify hotels whenever there is a cancellation, making it easier for them to allocate inventories accordingly.

Invest in a system which helps you to optimally manage your revenue and distribution efforts and save time to focus more on strategy.

The Week, That Was – January 2019 Week 4

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!!

RateTiger joins the Spanish Association of Hotel Directors – AEDH

RateTiger Hotel Channel Manager initiates collaboration with AEDH at FITUR 2019

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/jan2019-erevmax-ratetiger-joins-spanish-association-hotel-aedh.html

 

Hotelbeds launches new features on its hotel extranet

Hotelbeds’ extranet for hoteliers adds functionalities that allow the visualization of fares and availability in real time for any hotel.

https://news.travelling.gr/2019/01/hotelbeds-launches-new-features-on-its-hotel-extranet/

 

The power of personalization and building personal connections

Expedia on how the travel industry is entering an era of both traveler and supplier personalization – leveraging high tech to deliver high touch experiences.

https://www.hotel-online.com/press_releases/release/2019-hotel-trends-the-power-of-personalization-and-building-personal-connec

 

The psychology of online reviews

From the humble beginnings of word-of-mouth to an entire industry, feedback has certainly come a long way and it’s not stopping here.

https://www.trustyou.com/blog/guest-feedback-reviews/psychology-of-online-reviews

 

How consumer driven trends are impacting the world of hospitality

Sabre released a study which reveals the top consumer trends that will shape the hospitality industry in 2019 and beyond.

Download the report – https://www2.sabrehospitality.com/2019-global-trends-report?utm_source=hotelmarketing_com

 

How to resolve negotiated rate audit failures in the GDS

Some corporations test in their online booking environment that utilizes the GDS for connectivity. Requesting a screenshot from the client at the time they report an issue will help you identify the point of sale source of the audit. Unfortunately, during January and February many hotels will learn they have failed a preferred rate audit.

http://www.sabrehospitality.com/resources/hotel-marketing-blogs/best-practices-how-resolve-rate-audit-failures

 

Hotel coworking space: The future of hospitality

Coworking spaces in hotels provide an area for hotel guests and locals to gather to work and meet. With the number of coworking members expected to jump to 3.8 million in 2020, it is only natural for hotels to capitalise on this feature.

https://www.traveldailymedia.com/coworking-space-hotels/

 

Hoteliers use revenue management to boost off-season

The off-season isn’t a hotelier’s favorite time of year. Rooms can sit empty, restaurants are quiet and the cash flow isn’t as robust.

But, this can also be the best time of year for hoteliers to try out creative promotions, boost their properties’ profiles with online travel agencies, partner with local attractions that are weather-appropriate for the time of year and even experiment with new restaurant menu selections.

http://www.hotelnewsnow.com/Articles/292401/Hoteliers-use-revenue-management-to-boost-off-season

 

Connect with us for your connectivity needs to make the most of online revenue- https://goo.gl/3gKUJZ

Thanks and have a good day!

 

 

Top Tips to Improve Your Hotel’s Visibility on OTAs

Assuming that you are already distributing your hotel rates and availability on multiple online travel agents, we will delve straight into some top tips that you can utilize to boost your online visibility and improve booking revenue. The ground rule for working with any distribution/sales channel is to ensure that you keep your hotel listing up-to-date to give a true picture to the guests. That said, here are some simple tips that can further increase your hotel’s presence on these important channels.

hotels OTAs

1.  Regular Update of Content

Reinforcing the ground rule again – it is super important to keep your hotel listing updated and attractive. The language used to define your hotel amenities should be simple and fluid. Ensure that you have posted recent photos of the hotel’s different segments – lobby, façade, rooms, restaurants, banquet, swimming pool, gym etc. As they say, a picture speaks a thousand words – travelers like to know how the place looks before they decide if they wish to stay there. Details of room amenities, location, direction to reach, nearby attractions as well as hotel policies should be accurately displayed in relevant sections of the listing.

This builds customer trust and helps them make informed decisions. Further, it helps bring up your hotel on relevant search results when guests use filters on OTAs. For example, if your hotel is pet friendly, ensure that you mention it in your listing so that travelers who are looking to bring their pet can consider your property amongst others. Further, if any hotel policy changes, it is important to update them on OTAs. For example, if your hotel was a no-smoking property earlier, but if you have recently added smoking rooms, then you need to showcase that on the OTAs, so that people looking for such rooms will keep your hotel in consideration. These updates may seem minor but goes a long way to ensure that your hotel can be found easily depending on the visitor’s search behavior.

Further, to increase visibility in the search results, coordinate with the Market Manager of different OTAs you work with, to add relevant keywords and meta tags to highlight special offers and promotions. Depending on the OTA policy, most of the market managers allow you to submit the tag copy to emphasize your hotel’s new offering, renovation, festive discount etc.

2.  Ensure Rate Parity

The second most important tip is to ensure you keep your rates in parity across different distribution platforms. Travelers like to shop around when looking to book accommodation. When they see different rates for your property on different sites, it somehow impacts their trust factor. Further, OTAs tend to give you better ranking to hotels that have no rate parity issues as it helps maintain rate integrity for their channel as well. Additionally, when your rates are in parity, you can push your presence on meta-search sites to drive more direct bookings.

3. Targeted Advertising

Making updates and tweaks to your hotel listing on OTAs is a crucial part, but to give an additional boost to your property’s visibility, you can invest in targeted ad by bidding for top spots in OTA search results. Most OTAs offer this capability today and this is an easy way to increase exposure in these channels. However, it is best to make it goal oriented – pushing these ads for either specific promotional campaigns or to push visibility in certain markets during off-peak period.

Ads such as Expedia TravelAds or Sponsored Search on Travelocity and Orbitz can be effective if used correctly and it also helps improve the organic search ranking for the hotel on these OTAs.

4. Sell Last Room Availability

One of the core concepts of revenue management focuses around the fact that hotels should spread out their inventory on not rely on just 1 or 2 channels. While, the brand website, consortia and wholesalers are all important sales channels along with OTAs, there are times when you need to look at specialized or niche channels to make sure you sell off distressed inventory, up to the last available room.  Channels like HotelTonight helps hotels sell inventory in a 24-hour window as that is the core concept of the channel. The channels user base are mostly travelers that are looking for last minute deals and hence this can be a good platform to dispose distressed inventory. Further, channels like HotelByDay offer room booking by the number of hours thus raising the revenue potential of fixed inventory. As a hotelier, it is good to know about new distribution options and try them to explore new revenue potential.

5. Rapport building with OTA Market Managers

You can only do what is in your control with regards your OTA listing. However, if you maintain a great rapport with the OTA Market Managers, that can go a long way in helping you maximise your hotel presence. People like to do business with people they like – hence the human element is very critical in most businesses. Being in the good books of the OTA Market Managers, communicating with them regularly, inviting them for your hotel events etc. can help create strategic business relations and have a positive impact for your business. The market managers keep a tab on the pulse of booking patterns and trends and can be very resourceful, it all comes down to your strategy and skills to bring out the results.

It’s time to put these tips and tricks into practice and see how you can leverage them. A good presence across OTAs will have a billboard effect, which not only will improve OTA bookings but will also positively impact direct bookings from your brand website.

If you need help with managing OTAs for your hotel, set up an appointment with one of our Connectivity Advisors today – https://bit.ly/2HiEzJp.

The Week, That Was – January 2019 Week 3

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!!

Spanish upscale hotel endorses RateTiger for distribution connectivity

Hotel Guadalmedina, an upscale hotel in Spain has recommended RateTiger for stable and seamless connectivity with world’s leading OTAs. The hotel, which has been using RateTiger Channel Manager for online distribution, has improved its visibility across OTAs resulting in positive revenue and occupancy growth.

https://www.erevmax.com/blog/index.php/2019/01/spanish-upscale-hotel-endorses-ratetiger-for-distribution-connectivity/

11 uncomfortable truths about hotel revenue management

Hotel revenue management (RM) is not new and has been around for 30+ years, yet only 3% of hotels globally use revenue management technology today. The main goal of sharing these uncomfortable truths is to elevate the dialog around the importance of RM and why, as an industry, we must strive to do better in driving revenue performance using data driven insights.

https://www.phocuswire.com/Uncomfortable-truths-hotel-revenue-management

 Are you using Metasearch Channels for your hotel distribution yet?

Today, it is important for hotels to be visible on metasearch sites to increase direct bookings and visibility, thereby generating more revenue. You might be thinking – why do I need to add one more channel to my distribution mix? Here’s why –

https://www.erevmax.com/blog/index.php/2019/01/are-you-using-metasearch-channels-for-your-hotel-distribution-yet/

Airbnb Sees Increase in Hotels Using the Platform

Last year, Airbnb saw a 1​52​%​ increase in the number of rooms available on Airbnb in properties that hosts categorized as boutique hotels, bed and breakfasts, and other hospitality venues like hostels and resorts.

https://www.hotelbusiness.com/airbnb-sees-increase-in-hotels-using-the-platform/

The megatrends defining travel in 2019, according to Skift

From the rise of undertourism to blurred lines in hospitality to travelers’ demands for control, these are travel’s megatrends in 2019

Click to download the report- https://skift.com/megatrends-2019/

Will Google stay off the OTAs patch?

As Google’s meta-model becomes increasingly monopolistic, Pamela Whitby takes a look at how travel distribution is evolving. Although Expedia’s gross bookings continue to rise – by 11% to $2.5 billion year-over-year, according to third-quarter earnings published last week – Booking Holdings remains the biggest revenue spinner, and has the strongest operating margins (36.7% vs just 5,69% at Expedia). Meanwhile, China’s Ctrip remains the fastest growing, according to a recent report from EyeforTravel.

https://www.eyefortravel.com/distribution-strategies/will-google-stay-otas-patch

Online marketplaces gaining momentum in tours booking race

The tours technology specialist says total bookings made directly via operator websites went from 79% in 2017 to 67% in 2018, while the percentage of total bookings going to online marketplaces increased from 3.2% to 9.1%.

https://www.phocuswire.com/trekksoft-travel-trends-2018

Connect with us for your connectivity needs to make the most of online revenue- https://goo.gl/3gKUJZ

Thanks and have a good day!