The Week, That Was – Oct 2020 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!!

eRevMax presents Travel Tech LATAM in October

eRevMax, in partnership with HS LATAM, is delighted to bring the next edition of TRAVEL TECH for LATAM hoteliers. The online panel discussions start this week and are scheduled between October 19 -23, 2020, with 22 speakers participating from 24 companies across the travel technology spectrum, including Amadeus, ReviewPro, eRevMax, Sabre, Mews, Mirai, Asksuite, Expedia, GHL Hoteles, HSystem, HS LATAM, Howard Johnson Argentina, Lybra, myHotel, STR, Sojern, Siteminder and Tag among others.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/oct2020-erevmax-presents-travel-tech-latam.html

Booking.com reveals nine predictions for the future of travel

Innovation within the travel industry will accelerate faster than ever to respond to marked shifts in travel expectations and behaviors.

https://news.booking.com/smarter-kinder-safer-bookingcom-reveals-nine-predictions-for-the-future-of-travel/

Japan and China to lift ban on business travel

Short-term business travelers will be exempted from a two week self-isolation on condition that they submit negative coronavirus test results and travel itineraries to authorities.

https://asia.nikkei.com/Politics/International-relations/Japan-and-China-to-lift-ban-on-business-travel

Domestic travel will dominate in 2021, says Airbnb

62% are interested in a vacation ‘within driving distance’. Entire homes have replaced apartments as the top pick of guests on Airbnb, according to a new report the short-term rental platform released today.

https://www.adweek.com/brand-marketing/domestic-travel-will-dominate-in-2021-says-airbnb/

The World Economic Forum on how to rebuild trust in international travel

International framework required to more safely resume travel whilst we wait for vaccines. To more safely open borders, countries, airlines and people will need to trust test results, vaccination records and potentially other health data from across borders.

https://www.weforum.org/agenda/2020/10/rebuild-trust-international-travel/

Travel advisors will be essential post-pandemic travel

To navigate the complicated landscape of traveling during the pandemic, people are turning to travel agents, some for the first time. InteleTravel, a company that has independent travel agents working from home in the United States, the United Kingdom and Mexico, told the paper that since the pandemic hit, travel agents are seeing an increase of demand. Since April, InteleTravel told the Washington Post it has added more than 4,000 travel agents per month, which is a 40% increase over 2019.

https://www.travelmarketreport.com/articles/Washington-Post-Travelers-Should-Use-an-Advisor-During-the-Pandemic

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Thanks and have a good day!

The Week, That Was – Oct 2020 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!!

Saudi upscale hotel experiences 25% revenue growth with RateTiger

The Riyadh based four-star property has been using RateTiger Product Suite to manage its online distribution since 2018 and has experienced almost 25% growth in revenue since then. Moving away from manual updating of online channels has made life easy for the team. With real-time ARI updates, it helped the team to apply dynamic rate strategies swiftly which led to better conversions and revenue.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/oct2020-erevmax-saudi-upscale-hotel-experiences-revenue-growth-ratetiger.html

Expedia on emerging travel trends

Understanding who will travel first, when and how travelers intend to book their stays, and what they expect in a guest experience will help inform hoteliers business plans and successful recovery.

https://www.hotelmanagement.com.au/2020/10/14/exclusive-expedias-bowering-on-new-travel-trends/

GMs forecast operations, guest behavior after pandemic

GMs from properties around the globe gave their thoughts on how things will change for their hotels and the industry coming out of the COVID-19 pandemic.

https://hotelnewsnow.com/Articles/304762/GMs-forecast-operations-guest-behavior-after-pandemic

SEERA and ESTUR join the eRevMax Partner Ecosystem

eRevMax continues to integrate with distribution partners worldwide and this week’s highlighted channels include Seera (formerly Al Tayyar Travel Group), the largest travel and tourism group in the MENA region as well as ESTUR the popular Tour Operator company in Mexico. Various OTAs have launched multiple programs revolving around stricter cleaning protocols and safety measures to help hotels attract more guests.

https://www.erevmax.com/blog/index.php/2020/10/channel-update-seera-and-estur-join-the-erevmax-partner-ecosystem/

70% of travellers plan to fly internationally within next six months, reveals OAG report

Most consumers, especially younger travelers, are prepared to fly under the right circumstances. OAG has released The COVID-19 Recovery: Getting Passengers Back on Board, a new report on traveller confidence based on a global survey of over 4,000 users of its flightview travel app. Overall, fear levels over catching COVID-19 while flying are tepid, and most consumers are open to air travel.

https://www.traveldailymedia.com/70-of-travellers-plan-to-fly-internationally-within-next-six-months-reveals-oag-report/

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The Week, That Was – Oct 2020 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!!

Saudi Arabia Shows A Positive Year for Travel

The online travel market in Saudi Arabia has been making significant moves to open up its borders to international tourists. As domestic travel reopened this summer, Saudi Tourism Authority (STA) launched the Kingdom’s largest domestic tourism campaign which gives a big boost to domestic travel. In August, the advance bookings in Saudi Arabia exceeded pre-Covid level reaching 110%. Read how Saudi tourism playing a vital role leading the travel recovery in Middle East-

https://www.erevmax.com/blog/index.php/2020/10/saudi-arabia-shows-a-positive-year-for-travel/

Business travel will remain extraordinarily week through end of 2021, and likely beyond

Even if vaccines proliferate and governments begin relaxing or lifting entirely their heavy Covid-19-derived restrictions on cross-border travel, business travel will be particularly slow to rebound vis-à-vis the rate of leisure travel recovery.

https://www.forbes.com/sites/danielreed/2020/10/07/down-70-from-last-year-business-travel-demand-wont-bounce-back-in-2021-and-maybe-not-for-years/#48ea10211849

Agoda pins hopes on Asia’s domestic tourism to drive revenue

Asia-focused online travel agency Agoda is counting on a revival of domestic tourism in parts of the region to help it weather the coronavirus pandemic. Thailand, Vietnam and Taiwan among top markets where domestic tourism activity is returning.

https://www.reuters.com/article/us-thailand-tourism-agoda-bookings-idUSKBN26Q1FB

How Booking.com is optimizing search for local travel

Consumer appetite for nearby getaways is growing in parallel with last-minute bookings. Here’s how Booking.com is optimizing its search function to cater to this new traveler behaviour.

https://partner.booking.com/en-gb/click-magazine/how-bookingcom-optimising-search-local-travel

Chinese travelers are resorting to a new kind of holiday

An increasing number of China’s travelers are looking to visit one nice place for a few days instead of trying to hit several tourist spots during the National Day holiday.

https://news.cgtn.com/news/2020-10-02/Chinese-travelers-are-resorting-to-a-new-kind-of-holiday-UgydDnwLQs/index.html

Hotelbeds and Thomas Cook sign strategic partnership

The 180,000 hotels that work with Hotelbeds worldwide – many under exclusive terms & conditions – will be available to Thomas Cook’s travelers.https://press.hotelbeds.com/news-room/press-release/hotelbeds-and-thomas-cook-sign-strategic-partnership

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The Week, That Was – Oct 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!!

Saudi Arabia leads hospitality recovery in Middle East, as per eRevMax Report

Saudi Arabia reports strong travel sentiment with growth in advance hotel bookings, as per hotel reservation data processed by eRevMax. The Kingdom has been easing restrictions since June, and August saw a huge jump in advance hotel bookings which exceeded pre-Covid level reaching 110%, for eRevMax partner hotels in Saudi Arabia.

Click the link to read the full report – https://lnkd.in/g4APuKP

Ski resorts across Europe, the US and Canada plan for a busy season

Most countries have a strong domestic market and many Alpine resorts experienced a bumper summer season as their nationals holidayed closer to home.

https://www.theguardian.com/travel/2020/sep/29/how-to-go-skiing-this-winter-ski-resorts-covid-19-restrictions

eRevMax introduces Promotions for Booking.com through RateTiger CRS

Create and manage various promotions on Booking.com directly from your RateTiger and LiveOS platforms. Reduce one more step in your daily operations – no need to go to the channel extranet for updating promotions. RateTiger lets you manage everything from a single window! Promote exciting deals and boost your hotel occupancy today – capture the available demand and increase online revenue.

Read further to see how it works – https://lnkd.in/geEyVnX

The Hotel of Tomorrow Project: Five big ideas and the trends that drove them

A group of 325 hotel industry executives have been meeting since June to brainstorm hotel innovation. The global think tank called The Hotel of Tomorrow Project released its findings culled from 79 suggested ideas from 16 teams globally that were then shopped to 1000 industry executives for their input.

https://www.forbes.com/sites/lauriewerner/2020/09/24/you-may-soon-be-staying-in-this-futuristic-hotel/#5d37497c7eca

Hotel profitability up in most regions, except the US

Europe, Asia-Pacific and the Middle East all reported increasingly positive GOPPAR during the month of August, according to the latest HotStats data.

https://www.hotelmanagement.net/operate/hotstats-profitability-up-europe-middle-east-and-apac

Brand USA and Airbnb launch collection of online experiences

A new landing page highlights a collection of Airbnb Online Experiences that showcase the possibilities of the United States.

https://www.globenewswire.com/news-release/2020/09/29/2100674/0/en/Brand-USA-and-Airbnb-Launch-USA-Country-Collection-of-Online-Experiences.html

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The Week, That Was – Sep 2020 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!!

Luxury Tanzanian hotel improves online business performance with eRevMax

White Sands Resort & Conference Centre, a 4-star luxury property in Tanzania, strongly recommends RateTiger for its highly effective online distribution and business performance management solutions. The property has been using RateTiger product suite, including RTConnect for channel management, Google Hotel Ads, metasearch management, Booking Engine as well as Reputation Management tool, all centrally managed from the RateTiger platform.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/sep2020-erevmax-luxury-tanzanian-hotel-improves-online-business-performance.html

STR: Europe hotel performance for August 2020.

Europe’s hotel industry reported its best performance levels since February, according to August 2020 data from STR.

https://www.hospitalitynet.org/news/4100751.html

Airbnb’s City Portal promises better relationship with cities

Airbnb is piloting an information-sharing platform in 15 cities that it says will help local leaders monitor the effects of the home-sharing giant.

https://www.bloomberg.com/news/articles/2020-09-23/why-airbnb-launched-a-data-sharing-tool-for-cities

UK: Travel companies flogging super cheap holidays for 2021

Desperate tour operators in the UK have slashed prices for next year not only to allow travelers to book ahead or to change their current bookings but also to recoup lost earnings for this year.

https://www.thesun.co.uk/travel/12729058/cheap-holidays-benidorm-majorca-2021-deals/

Booking.com introducing longer-stay rates

In response to surging demand for longer-term stays, hotels can now offer weekly and monthly rates. Under the new feature, a weekly rate plan requires a minimum stay of seven nights, while the monthly rate plan requires a minimum stay of 28 nights.

https://www.travelweekly.com/Travel-News/Hotel-News/Bookingcom-introducing-longer-stay-rates?

Co-working: How hotels are reinventing themselves

How Accor is adapting to new ways of working in a post-Covid world by reimagining spaces and services. Faced with new societal behaviors and other challenges arising from the pandemic, the classic hotel industry is evolving by launching new initiatives.

https://group.accor.com/en/Actualites/2020/09/coworking-hotel-pop-up-offices

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The Week, That Was – Sep 2020 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!!

Selected focus receptionist with face shield giving envelope to guest in hotel. Premium Photo

eRevMax partners with HS LATAM to host TRAVEL TECH APAC

Inviting hoteliers to participate in the week-long virtual conference. The event will take place from 21 – 25 September 2020, through a series of online webinars comprising of 25 speakers from different companies representing the travel technology spectrum.

Register today – https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/sep2020-erevmax-partners-hslatam-host-traveltech-apac.html

Holiday travel bookings lag, but trend toward last-minute trips might help

A trend toward last-minute trips could help spur some bookings closer in to Thanksgiving, Christmas and New Year’s Eve

https://www.cnbc.com/2020/09/14/holiday-travel-bookings-lag-but-trend-in-last-minute-trips-might-help.html

How the COVID-10 vaccine will impact international travel in 2021

If a vaccine does become available, vaccinating over 7 billion people is going to take time and there are strong indicators a large amount of the population won’t even be willing to get it

https://www.traveloffpath.com/how-the-vaccine-will-impact-international-travel-in-2021/

TrustYou: Some hotel brands recovering faster than expected

While a full and steady recovery still seems to lie far ahead in the future, there are signs that some hotel brands are getting back on their feet faster than expected.

https://www.trustyou.com/blog/covid-19/in-the-midst-of-adversity-some-hotel-brands-are-recovering-faster-than-expected

Who will benefit from Saudi Arabia’s easing of coronavirus flight restrictions

Kingdom to end all restrictions on air, land and sea transport for Saudi citizens ‘after January 1’ next year

https://www.arabianbusiness.com/transport/451780-saudi-to-ease-international-coronavirus-flight-restrictions-from-tuesday

Occupancy Rates for China’s Hotels Show First Year-Over-Year Growth Since Pandemic’s Start

Hotels in China for the week ending September 12 had occupancy rates nearly 9 percent higher than they were for the same week in 2019, the first sign of year-over-year growth since the global pandemic.

https://skift.com/2020/09/17/occupancy-rates-for-chinas-hotels-show-first-year-over-year-growth-since-pandemics-start/

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The Week, That Was – Sep 2020 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!!

TRAVEL TECH launches APAC Online Forum from 21 – 25 Sep 2020

Travel Tech introduces its virtual educational conference for APAC hoteliers and travel trade professionals. Through a series of webinars, TRAVEL TECH APAC brings together regional and global players to discuss evolving trends, changing guest expectations and new ways for travel businesses to strategize and cope with the market dynamics. Come and explore new business frontiers and discover innovative technologies.

Join our expert speakers who will talk about various topics affecting hospitality business – the sessions are scheduled from 21 – 25 September 2020 at 9:00 CET/ 15:00 SGT. RGEISTER NOW – https://lnkd.in/eGxeGuE

US travel trends for 2021

American travelers are turning their gaze towards summer 2021, with search volumes steadily increasing, including a 25% increase during the last month alone, according to new Skyscanner data.

https://www.prnewswire.com/news-releases/skyscanner-reveals-us-travel-trends-for-2021-301126441.html

Where is hotel-tech headed in post-pandemic era?

With more businesses opting for cloud-based solutions and self-serve offerings, low-contact technologies will be the preferred choice for hoteliers. Hotels will look at AI, data security, platform, and integrations as must-haves.

https://in.mashable.com/tech/16901/where-is-travel-tech-headed-in-the-post-pandemic-era

Why travel should be considered an essential human activity

Go ahead and plan that trip. It’s good for you, scientists say. Plotting a trip is nearly as enjoyable as actually taking one. Merely thinking about a pleasurable experience is itself pleasurable. Anticipation is its own reward.

https://www.nationalgeographic.com/travel/2020/09/why-travel-should-be-considered-an-essential-human-activity/

Italy: Hotel market sentiment survey.

Horwath HTL Italy conducted a survey to evaluate the current and medium-term impacts of Covid-19 on the Italian hospitality industry.

Download the report –https://horwathhtl.com/publication/italian-hotel-market/

German hotel operators confident about future.

Almost 95 percent expect the German hotel market to recover to its 2019 record level by 2022 or 2023 latest, according to a new survey.

https://www.cushmanwakefield.com/en/germany/news/2020/06/survey-hotel-operator-beat

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Thanks and have a good day!

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.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/sep2020-erevmax-expands-connectivity-offering-europe-veturis-travel.html

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.

https://blog.advertising.expedia.com/vacation-accommodations-traveler-preference-trends

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%

https://www.msn.com/en-us/travel/tripideas/group-travel-companies-are-still-a-thing-how/ar-BB18ELys

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.

https://hotelnewsnow.com/Articles/304207/Hoteliers-plan-for-a-budget-season-unlike-any-other

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  – marketing@erevmax.com

https://www.phocuswire.com/hotel-pricing-principles-vikram-singh-opinion

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.

https://www.travelweekly.com/Arnie-Weissmann/How-travel-will-be-bought-and-sold-in-August-2021-Part-2?

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Thanks and have a good day!

The Week, That Was – August 2020 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!!

eRevMax reports strong recovery signals for Malaysian hotel sector

Advance bookings reach almost 95% in August, compared to January, showing extremely positive sentiment among bookers. With partial reopening of medical tourism and travel bubble with Singapore, Malaysia might witness further growth in the coming days. Read the full report.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/aug2020-erevmax-reports-strong-recovery-signals-malaysian-hotel.html

126,000 tourists visit Egypt since early July amid COVID-19 downward trend

Egypt has received 126,000 tourists since it reopened its seaside resorts to international flights and foreign tourists on July 1, after a three-month halt due to the coronavirus pandemic. As hoteliers, are you connected to the right channels? Manage your online distribution through RateTiger and know the key channels that bring maximum business to your city. Contact us on – marketing@erevmax.com

https://www.globaltimes.cn/content/1198896.shtml

Webinar – Plan, Execute, Recover – Hospitality Strategies for the APAC Hotels

Industry experts join hands to talk about reopening of travel in Asia Pacific and how hotels can capture demand through better channel connectivity and cater to evolving guest expectations. The session will have speakers from Maritim Hotels, Chroma Hospitality, Alorie Hospitality, eRevMax, Winsar Group and KAI Hotel Solutions. Register today to join the session on 3rd September, 16:00 SGT – https://zoom.us/meeting/register/tJIkcumgrDwtHNyud2MBXVriZKYna2EFuc-J

Frequent travelers cite priorities for hotel stays

Face coverings for employees and guests, suspending daily housekeeping of rooms, and utilizing technology to reduce direct contact have a considerable impact on guests’ comfort levels.

https://www.ahla.com/press-release/survey-frequent-travelers-cite-priorities-hotel-stays

Despegar gets $200M in investments, sees “positive trend” in bookings

Latin America-based online travel agency and eRevMax partner Despegar has raised $200 million in two transactions. In tandem with the report of its financial results for the second quarter of 2020, Despegar says it has a private placement with L Catterton, the largest consumer-focused private equity fund in the world, to issue and sell preferred stock plus warrants to purchase ordinary shares for an aggregate price of $150 million.

https://www.phocuswire.com/despegar-q2-2020-financial-report

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The Week, That Was – August 2020 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!!

Airbnb declares all parties over indefinitely at its listings

Airbnb has been implementing measures to help limit hosting of unauthorized parties booked through its platform, and today implemented the strictest of all: a global ban on all parties and events.

https://techcrunch.com/2020/08/20/airbnb-declares-all-parties-over-indefinitely-at-its-listings/

Agoda launched a beta version of its day-use feature

Agoda, one of the big-name online travel agencies, has introduced a beta version of its day-use feature available across 7,000 hotels in Korea, providing people with the flexibility to book a room for just a few hours.

http://www.koreatimes.co.kr/www/culture/2020/08/141_294590.html

Hotels are offering COVID-19 tests during check-out to reassure guests

Some hotels in Dubai and the Maldives are now providing the option for guests to take a COVID-19 test before their departure.

https://www.lonelyplanet.com/articles/hotels-covid-19-tests

China’s tourism sector eyeing gradual rebound post-epidemic

As of mid-August, the number of tourists booking package tours through Trip.com skyrocketed 150 percent month on month.

http://www.xinhuanet.com/english/2020-08/19/c_139302853.htm

UK staycation boom looks set to continue into 2021, new research finds

New research has found that 83% of tourists would prefer to holiday in the UK than travel abroad this year, with this trend set to continue into next year bringing a boost to the country’s hospitality sector.

https://www.boutiquehotelier.com/uk-staycation-boom-looks-set-to-continue-into-2021-new-research-finds/

New travel warnings push European tourists toward Turkey

Tourists from Europe are left with very limited options for traveling abroad, and Turkey’s Mediterranean coastline emerges as the safest and closest destination

https://www.dailysabah.com/business/tourism/new-travel-warnings-push-european-tourists-toward-turkey

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Thanks and have a good day!