The Week, That Was – August 2019 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 in the Middle East through technical partnership with Intimus PMS

Hotel connectivity expert, eRevMax has completed 2-way integration with Intimus PMS while offering hotels a wider selection of technical partners in the region. Hotels using Intimus PMS and RateTiger – LiveOS solutions can now manage their online distribution easily from one place removing all manual efforts.

https://bit.ly/2T0M5e2

The true cost of not protecting customer data in travel

For years now, the hospitality business has shared Big Tech’s addiction to customer data. Rather than sell it to advertisers, however, hotels and airlines traditionally use it to personalize travel experiences. Hotels – in particular luxury hotels – collect customer data to build detailed guest profiles, which can include personal preferences, from room, pillow and favorite cocktails, to potentially more explicit guest information.

https://www.phocuswire.com/GDPR-hotel-customer-data

What every hotelier must know about EU’s payment rules

Just as hoteliers have become used to GDPR, another piece of European Union legislation, the Payment Services Directive regulations, known as PSD2, is set to go into effect.

http://hotelnewsnow.com/Articles/297360/What-every-hotelier-must-know-about-EUs-payment-rules

Rise in Mobile Bookings in Middle East Creates New Online Travel Competition

The Middle East traveler has been going digital across all touchpoints of the travel journey, fueling a surge in the online travel market that is projected to reach $15 billion by 2023 across the region. That will mark an increase of 140 percent from current levels, according to research company Mena Research Partners.

https://skift.com/2019/07/23/rise-in-mobile-bookings-in-middle-east-creates-new-online-travel-competition/

Hotel chains demonstrate common B2B eCommerce website blunders

Hotels can earn customers’ loyalty by providing better personalized recommendations that understand their individual price/value tradeoff.

https://go.forrester.com/blogs/hotel-chains-demonstrate-common-b2b-ecommerce-website-blunders/

Amex GBT forecasts modest hotel rate increases for 2020

The Hotel Monitor 2020, published by American Express Global Business Travel, predicts that hotel prices in most key cities will experience only modest rises in 2020.

https://www.hospitalitynet.org/news/4094362.html

Online presence high priority with independent hotels

Trends in how people, and brands, consume and process information online are driving digital marketing strategies for independent hotels. It’s important not only to have an online presence but also to have the proper digital footprint, sources said.

http://hotelnewsnow.com/Articles/297313/Online-presence-a-high-priority-at-independent-hotels

What you need to know about Google Ads’ “Store / Hotel Visits”

Google came out with another way marketers and hoteliers can measure the performance of campaigns through Store Visits or for hotels, Hotel Visits. Hotel Visits can measure whether or not users actually visited your property. Google uses cell towers, wifi signals and more to tell whether or not you’ve actually visited a property and you aren’t just staying next door or across the street.

https://screenpilot.com/2019/07/what-you-need-to-know-about-google-ads-store-visits/

How San Francisco boosted Chinese bookings by 30 percent

Outbound Chinese visitors represent an increasingly important part of San Francisco’s tourist model, constituting 23 percent of international tourist spending in 2018.

https://jingtravel.com/san-francisco-grew-chinese-bookings-30-percent/

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Checklist for your next hotel channel manager

A hotel channel manager is a must have for hoteliers today. If you are planning to add or change your existing channel manager, here is a quick checklist of things you need for assessment.

  • That the solution has seamless XML connectivity with multiple online channels to publish live rates and inventory and deliver reservations seamlessly back into the PMS.
  • It has integration with your hotel PMS, RMS, Booking Engine and other technology tools for real-time data transfer between your system and OTAs. If they do not have it, are they flexible enough to develop it for you?
  • It can sync OTA data with hotel system all the time to minimize overbooking and identify mismatches.
  • It can update rates and availability of different room categories for future dates as well.
  • It can automatically inform the user and update the availability to all connected channels for any modification or cancellation happened on any channel.
  • It can allocate different inventory to different online channels or switch off a channel for a certain period if required.
  • It allows users to set restrictions like Minimum length of stay (MLOS), Blackout dates, Closed to Arrival (CTA) and Closed to Departure (CTD), among others, to optimize revenue.
  • It is PCI and GDPR compliant to safeguard digital data of your guests.

Improve your hotel revenue with better room rate and yield management – all from a smart single interface. Take complete control of your revenue and channel management strategy to control distribution costs and drive more direct bookings.

Grow your revenue with the best hotel channel manager!

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The Week, That Was – July 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!!

ARABSOFT completes technical connectivity with eRevMax

eRevMax, the leading travel technology provider, has certified Tunisian PMS developer ARABSOFT after having completed 2-way technical integration. Mutual hotel clients can now leverage the interface to benefit from direct rate and inventory updates to online sales channels and receive reservations seamlessly into their hotel management System, Xlia by ARABSOFT.

https://bit.ly/2M085nW

Deep dive into APAC online travel agencies – Part 2

According to the World Travel and Tourism Council, five of the world’s ten fastest growing tourism cities are in Asia, making it the hot spot for the travel marketers. Propelled by high penetration of mobile, the region has been witnessing double digit growth in online booking, making it a priority region for global OTAs. However, the market is still dominated by local and regional players, even as global OTAs make strategic investments to make inroads.

https://www.erevmax.com/blog/index.php/2019/07/deep-dive-into-apac-online-travel-agencies-part-2/

Google downplays dominant role in travel

If you run a hotel, airline, or online travel agency, and you thought you needed to buy advertisements in Google search or Google Trips, then guess again — it’s probably not as essential as you have long believed because consumers begin their travel searches with “specialist competitors.”

https://skift.com/2019/07/16/google-to-congress-were-not-a-travel-monopoly/

Travelport optimistic about constructing a customer-centric future

The Internet of Things, mobile, Artificial Intelligence (AI), data analytics and cloud computing are combining, to forge a future that’s more customer-centric than anything that’s gone before.

The next generation of systems are not going to own the system of record, but will own the system of intelligence, using data analytics to intelligently connect supply with demand.

https://www.travolution.com/articles/111958/big-interview-the-travelport-architect-optimistic-about-constructing-a-customer-centric-future

TripAdvisor: How reviews impact bookings

The global study, conducted in partnership with Ipsos MORI, polled over 23,000 TripAdvisor users across 12 markets on the use of online reviews and their role when booking hotels, restaurants and experiences.

https://www.traveldailymedia.com/tripadvisor-how-reviews-impact-bookings/

The basics of keyword research for Search Engine Optimization: a guide for hotels

There are a lot of factors that contribute to SEO success. But in short, search engines make it a priority to provide the best content for users based on a given query. This is often referred to as “intent-based search” and it’s at the heart of Google’s machine learning algorithm.

https://bit.ly/2GkMzqx

Could your hotel’s channel strategy be costing you direct bookings?

Hotels of the past faced serious challenges in driving occupancy, with static and siloed inventories spread across a number of third-party partners. A solution to this was to use wholesalers, whose objective was to give travel agents competitive B2B inventory and provide reach all over the world to facilitate bookings.

https://triptease.com/blog/could-your-hotels-channel-strategy-be-costing-you-direct-bookings/

BCD Travel unveils new version of TripSource app

The app will now include self-service features, pre-trip planning and booking, improved design and navigation and will be made available to all travellers in mid-July 2019 in over 113 countries and in five languages.

https://www.traveldailymedia.com/bcd-travel-unveils-new-version-of-tripsource-app/

How hotels should adapt to Google Travel and intent-based search

Today, if you want your hotel website to move up through the search results, you need to give travelers what they’re really looking for. You need to match their intent. There’s another reason why Google has stopped rewarding keyword-focused content. PPC and display ads convert at a higher rate when they match a person’s intent.

https://www.traveltripper.com/blog/how-hotels-should-adapt-to-google-travel-and-intent-based-search/

Google experiments with hotel room booking module placement

Changes could be coming soon to the layout of Google’s hotel search as the company tests some modification on its room booking module. According to Koddi, if Google pushes this change live to a wider set of traffic and device types, this would allow travelers to see a greater variety of information and options for hotels within the same view.

https://koddi.com/google-experiments-room-booking-module-placement/

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7 Steps to Increase Repeat Business for Your Hotels by 200%

Having loyal customers is one of the most essential steps to ensure the success of hotels. Today, travelers can choose from many options in the hotel industry – leading to intense competition between hotel owners. Thus, as a hotel property owner, you have to try various strategies to transform new visitors into repeat customers and keep your present guest list intact as well.

Strive to make the best ‘first impressions’

With a great first impression, you can make a wonderful lasting impression. When you have a new customer coming into your property, you have to try various ways to transform them into loyalty card members. Offer a valuable loyalty program, which can be useful to guests who come in. Track the requirements and preferences of guests, have a smooth check-in process and strive to communicate well online and offer impeccable services.

Exploit Technology

Use mobile apps, keyless entries, online confirmation, self check-in and other technologies to make the booking process smoother. Avoid keeping customers waiting.

Lend a personal touch

The modern age is all about personalization, and you should try to store guest record in your hotel management software in order to provide present and new guests with a personalized service. You can find unique ways to encourage customers to book your property for the following visits.

Offer Hotel Loyalty Programs of value

In customer loyalty programs, hotel loyalty cards play a vital role. When you manage to be successful in registering new customers into your loyalty programs, it should act as a strong foundation for your business in making guests your long-term customers.

Get immediate feedback

Negative reviews arise due to the fact that guests do not always find ways to express their dissatisfaction with your services. You can avoid negative reviews for your business by seeking constant feedback from customers. Hand out a small questionnaire or send SMS etc to know whether the guests are satisfied with the room service, if they want a custom menu etc. When you ask the right questions, you can get the right answers and improve your services to enjoy repeat business.

Give Incentives

Move over complimentary breakfast, and offer complimentary trip to attractions nearby. Have the option for flexible timings for check-in, and provide new visitors with direct bookings.

Make guests your first priority

Start even before they check in, and connect with them through every stage of their association with your hotel. Address all their needs personally, and find out whether they need any special assistance.

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

 

The Week, That Was – June 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!!

Swedish hotel recommends RateTiger for online distribution

Karstorp Hotel, a Swedish midscale property has recommended RateTiger for effective channel management and online distribution. The hotel has been using RateTiger Channel Manager and Shopper for a couple of years now and has experienced improved occupancy and revenue by streamlining its distribution.

https://bit.ly/2WYhiz2

10 Tips for Hotels to Improve Operational Productivity by 60%

It can be quite an ordeal to run hotels, especially small hotel businesses which have limited staff but various functions to manage. You may be looking to improve the operational productivity to boost your hotel revenue, but don’t know how. Here are 10 tips that can help you boost the productivity of your hotel operations by as much as 60%.

https://www.erevmax.com/blog/index.php/2019/06/10-tips-for-hotels-to-improve-operational-productivity-by-60/

RoomIt by CWT: Key differences in business traveler hotel preferences by country

According to research commissioned by RoomIt by CWT, business travelers want different hotel experiences based on the country they are from.

The results revealed that globally, having access to Wi-Fi (84%), room rate (81%), distance from business site (81%) and breakfast (79%) are the most important influences.

https://www.hospitalitynet.org/news/4093995.html

Expedia connects travelers with hotels when their flights are delayed

Expedia Group is actively working on repurposing its Expedia Partner Central Conversations tools to enable Expedia and guests, with permission, to communicate directly with hotels if flights are delayed or plans otherwise change.

https://skift.com/2019/06/27/expedia-to-connect-travelers-with-hotels-when-their-flights-are-delayed/

Solving the hotel tech puzzle: The importance of smart integrations

But with so many different pieces of a puzzle, it can be hard to make sure that they all perfectly fit together and you have a clear overview of the bigger picture. This is why smart integrations are crucial; because while any scalable software is useful on its own, its capabilities are boosted when connected to another corresponding technology.

https://www.trustyou.com/blog/technology/solving-the-hotel-tech-puzzle

Why Google ratings might just be your hotel’s most important quality metric

Google has revamped its review product, increased review volume exponentially, and made Google ratings more prominent in search, maps and hotel listings.

https://reknown.com/2019/06/why-google-ratings-might-just-be-your-hotels-most-important-quality-metric/

The new era of hospitality tech

Would you rather partner with a SaaS provider which is kicking ass as the best PMS, or a PMS provider the provides a fruit-basket of solutions?

https://blog.apaleo.com/hotels/new-era-hospitality-tech

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

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Swedish hotel recommends RateTiger for online distribution

Karstorp Hotel, a Swedish midscale property has recommended RateTiger for effective channel management and online distribution. The hotel has been using RateTiger Channel Manager and Shopper for a couple of years now and has experienced improved occupancy and revenue by streamlining its distribution.

Located in Skovde, Karstorp Hotel is a 32-room property. MiWell Nordic, a Scandinavia based hospitality management firm is helping the hotel with advanced analytics driven Revenue Management for improving efficiency. Through Miwell Nordic, the hotel is leveraging eRevMax’s seamless connectivity with global and regional OTAs, and niche channels to publish room rate and availability in real time and receive reservations directly into its PMS. Hosted on LiveOS, RateTiger’s pool inventory model allows the revenue management team to continuously distribute live rates and inventory to multiple booking channels and deliver updates back into its property management system (PMS) in real-time, without worrying about overbooking. The in-built booking trends and business analytics data combined with competitor benchmarking reports give them key market insights to make informed decision.

With RateTiger, we only need to make updates on one platform instead of multiple OTAs. The channels get automatically populated immediately once we submit the data from our end. Similarly, all bookings generated on the different sales channels are entered in our PMS automatically. RateTiger is easy to use and their support team is very helpful, you always get a quick response on any query,” said Elin Svensson, Revenue Activator, MiWell Nordic.

MiWell has been our long-standing partner trusting RateTiger to manage online sales for its client hotels. This recommendation is a testimony to our commitment to make online distribution management easy for hoteliers. We have invested in building stable connectivity with over 400 OTAs and technology providers. Our solutions simplify operations, improve efficiencies and give hoteliers time to focus on strategy,” said Alin Lazar, Regional Sales Director – EMEA, eRevMax.

10 Tips for Hotels to Improve Operational Productivity by 60%

Here’s a quick guide for hotel owners looking to improve business ROI. Check out the top 10 tips to see how you can increase your property’s operational efficiency by 60%.

It can be quite an ordeal to run hotels, especially small hotel businesses which have limited staff but various functions to manage. You may be looking to improve the operational productivity to boost your hotel revenue, but don’t know how. Here are 10 tips that can help you boost the productivity of your hotel operations by as much as 60%.

Invest in technology

Adopt useful hotel management software systems, such as PMS (Property Management System), rate shopping and channel management tools, which can help streamline online distribution and reservation management process for you. These can save time by automating various daily operations.

Track your customer service performance

Try to evaluate how fast you can address the issues and requests of your guests. With good customer service, you can resolve issues efficiently and quickly.

Associate the actions of your hotel staff to its overall performance

You must show to your staff that all that they do each day has a big impact on the efficiency, productivity and revenue of the hotel. When the workers feel important, they get motivated to perform even better.

Encourage communication

Establish an email message group, set an open-door policy and hold regular meetings to promote staff-to-staff and staff-to-management communication, for better team cohesion.

Use Accounts Payable (AP) automation

It takes a lot of time to process invoices, and you can save this by automating your AP (accounts payable) processes. It can offer the best ROI for hotels of any size.

Offer incentives

Incentives are natural motivators for employees in any organization, and it inspires them to work hard and earn it.

Move to a cloud-based system

Shift to SaaS based system which allows you to manage your solutions from anywhere, anytime. The increase in mobility will help you manage operations efficiently, serve guests better and boost your overall productivity. Back-office operations can be handled more efficiently.

Go paperless

You can obviously improve productivity by reducing the number of hours you go through your papers. Go paperless, and digitize every document in a computer and storing them on the Cloud.

Reduce the work load

Find out which tasks take the longest to be completed, and outsource the same. If possible, you might even consider eliminating them completely.

Get insightful reports

Create a hierarchical structure, where every team leader report into the General Manager who in turn gets a bird’s eye view into the entire operations and can thus provide insightful inputs for the hotel owner.

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

The Week, That Was – June 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!!

Agoda Opportunities debuts on LiveOS

The #1 hospitality operating system LiveOS has introduced Agoda Opportunities on its platform. Hotels using LiveOS platform to manage their online distribution can now access this special service from Agoda to amplify visibility on Agoda, the fastest growing global OTA.

https://bit.ly/2x9hi4Q

Expedia launches #ExpediaChat to encourage social media dialogue

Using the hashtag #ExpediaChat, the company has been encouraging users to start thinking about what tips and lessons they have learnt while taking images of the different countries, cities and towns they have travelled to.

https://justnje.com/expedia-launches-expediachat-to-encourage-social-media-dialogue/

Accor and Air France-KLM expand ties with joint loyalty program

Europe’s largest hotel group Accor and airline Air France-KLM are broadening their loyalty program by offering a dual reward scheme to their entire global customer base.

https://www.euronews.com/2019/06/20/accor-and-air-france-klm-expand-ties-with-joint-loyalty-programme

Is your hotel embracing the age of the ecosystem?

Data used to be part of a database. Now data is part of an ecosystem. Guest data comes into a hotel’s ecosystem from multiple channels and devices. The volume, variety and velocity of this information feeds the ecosystem and gives hotels a deeper understanding of their overall business.

https://www.sabrehospitality.com/blog/how-confident-are-you-really-in-your-guest-acquisition-strategy/

AI-based travel app Hopper expands price monitoring to hotels worldwide

Hopper, the handy travel app that uses AI to predict airfare pricing, is today expanding its service to include hotels. Like airfare, hotel pricing is also dynamic — it can fluctuate with traveler demand. During busy times, prices are higher. And when a hotel has rooms to fill, the prices drop. Now, Hopper is bringing its same prediction technology to more than 270,000 hotels in more than 200 countries and territories worldwide.

https://techcrunch.com/2019/06/20/a-i-based-travel-app-hopper-expands-price-monitoring-to-hotels-worldwide/

 How confident are you (really) in your guest acquisition strategy?

From market disruptions to changing shopping habits and the impact of new technology, hoteliers are contending with dynamic forces that are changing how guests make decisions.

https://www.sabrehospitality.com/blog/how-confident-are-you-really-in-your-guest-acquisition-strategy/

Lessons the hotel industry can learn from Airbnb, Expedia & Google

From meaningful brand architecture to brand expansion strategies, a look at key lessons traditional hospitality players can learn from the digital giants. As Airbnb continues to grow and redefine the hospitality ecosystem, it sounds only right that traditional hospitality groups should embrace Airbnb’s motto, with a twist: “Hospitality for Everyone, Everywhere and for Every Occasion”.

https://www.hospitalitynet.org/opinion/4093894.html

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Agoda Opportunities debuts on LiveOS

The #1 hospitality operating system LiveOS has introduced Agoda Opportunities on its platform. Hotels using LiveOS platform to manage their online distribution can now access this special service from Agoda to amplify visibility on Agoda, the fastest growing global OTA.

Through Agoda Opportunities, hotels can access Agoda Sponsored Listing, a service designed to connect hotels with a highly engaged travel audience through paid listings. The sponsored listing appears in premium placement alongside search results – increasing exposure, building brand awareness and maximizing opportunities to convert lookers into bookers.

Another service is Agoda Private Sale (APS), a feature promoting properties and insider deals and offers to Agoda’s registered VIP members. With the new features available exclusively on LiveOS, user hotels can now view and take part on this select closed user group incremental sales program directly from their LiveOS dashboard.

“We are pleased to reinforce our integration with eRevMax by optimizing production opportunities within LiveOS, to strengthen property profiles among Agoda’s customer bases and drive increase in revenue. We are constantly striving to provide more value and innovation to the benefit of our mutual accommodation partners and the launch of Agoda Opportunities allows us to do so. We are excited to continue exploring new approaches that are made possible by the quality of eRevMax’s software,” said Lucas Johnson, Associate Director Connectivity & Partnerships, Agoda.

“We continuously strive to bring relevant enhancements and features to make our customers experience wonderful. LiveOS users can now view and activate various incremental sales and marketing opportunities available on Agoda directly from their dashboard,” said Ankur Gupta, Sales Director, LiveOS.

LiveOS is an operating system that simplifies the use of technology for the hospitality industry. It centralizes the core functions of multiple applications in a single sign-on platform offering accommodation providers the much-needed simplicity in daily operations. Over 9000 hotels today use the LiveOS platform to manage multiple pre-integrated technology solutions including PMS, CRS, OTAs, Metasearch sites, Channel Manager, Reputation Management and other services.

The Week, That Was – June 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!!

HospitalityUnited.Club to host Cocktails & Conversation in Minneapolis

WIHP, AgentX101, LiveOS, RateTiger & Rebelo Gloger Attorneys at Law have teamed up to host the US 2019 edition of HUC Cocktails and Conversation on 18th June at one of the upscale hotels in the heart of Minneapolis Convention District. The event will bring together travel technology innovators and hoteliers for an informal relaxed evening of peer-to-peer discussion on new trends affecting hospitality.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/june2019-erevmax-huc-cocktails-conversation-in-minneapolis.html

Will Google and Amazon embrace a blockchain travel marketplace?

With a title of “director of future business,” Nordic Choice Hotels’ Christian Lundén spends a lot of time thinking about what distribution will look like in the coming years for the company that operates 40,000 rooms in nearly 200 properties across Scandinavia and the Baltics.

https://www.phocuswire.com/Nordic-Choice-on-Google-Amazon-using-blockchain

BCD Travel unveils new global hotels division

eRevMax partner BCD Travel unveiled a new global hotel division and branded service, Stay by BCD Travel, for managing hotel programs.

https://www.businesstravelnews.com/Interviews/BCD-Travel-Unveils-New-Global-Hotels-Division

Frustration with online travel booking continues as consumers consult more sites

A study from Yieldify, a specialist in customer journey optimization, reveals that almost 42% of consumers are taking longer to book travel than five years ago. The ‘How We Book Now’ report says there are two main drivers for the increase, with almost half of consumers carrying “multiple purchase journeys” for each trip as almost half are booking each element separately.

https://www.phocuswire.com/consumer-online-travel-booking-behavior

Airbnb moves into adventure tours market

Airbnb Adventures features more than 200 tours that are either exclusive to Airbnb, or provided by operators not typically found on any other major booking platform.

http://www.travelweekly.co.uk/articles/334887/airbnb-moves-into-adventure-tours-market

What to do if your hotel receives an ADA web compliance lawsuit

A Fort Lauderdale woman and her attorney reached settlements with at least 20 hotels and motels in Florida because their websites’ reservations systems “failed to provide any information regarding the accessibility of the hotel or rooms”.

https://www.traveltripper.com/blog/what-to-do-if-your-hotel-receives-an-ada-web-compliance-lawsuit/?utm_source=hotelmarketing&utm_medium=pr&utm_campaign=ada-compliance-lawsuit&utm_content=blog-post

What happens to rate parity when Airbnb is an online travel agency?

As lines blur between platform and provider, there are some real questions around rate parity and price competitiveness in this brave new world.

https://www.phocuswire.com/rate-parity-airbnb-as-ota

The future of video marketing: Growth and demand

The preference for video content is not just limited to streaming online movies and shows or watching YouTube video clips, video is now extending into brands with studies showing that consumers (over 50%) are interested in video content from brands or businesses that they support.

https://www.clickz.com/future-of-video-marketing/236245/

Is the hotel industry sleepwalking into a regulatory crisis?

On September 14th 2019, radical new regulation will shake up online card transactions, yet hotels are not prepared for the fundamental changes in store. Strong Customer Authentication (SCA) is a requirement of the European Union’s sprawling Revised Directive on Payment Services (commonly known as PSD2), and will demand that issuers receive two separate types of authentication to approve the vast majority of online (‘card not present’) transactions.

https://triptease.com/blog/is-the-hotel-industry-sleepwalking-into-a-regulatory-crisis/

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