The Week, That Was – November 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 upgrades its integration with Miki Travel

Hotels using RateTiger Channel Manager and RTConnect for online distribution and connectivity now can use the seamless interface to publish their contracted rate and availabilities to travel agents affiliated with the wholesaler and receive reservations generated in the channel in real-time.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/nov2019-erevmax-completes-2-way-integration-with-miki-travel.html

6 Great Types of Content for Hotel Website for Increase in Bookings

A good hotel website that is rich in content can help you to attract potential customers and influence them enough to book a room in your hotel. Good content can also improve your hotel website’s search engine ranking. Here are 6 types of great content for your hotel website that can increase bookings.

https://www.erevmax.com/blog/index.php/2019/11/6-great-types-of-content-for-hotel-website-for-increase-in-bookings/

Brands see ROI in direct bookings, member discounts

A slowing growth environment in the hotel industry prompts hotel companies to assess the strength and success of their efforts to grow loyalty for their brands. The world’s largest hotel companies are pushing hard for more loyalty members to book directly with them to ensure they get a bigger piece of the pie before the pie starts to shrink.

http://hotelnewsnow.com/Articles/298891/Brands-see-ROI-in-direct-bookings-member-discounts

Japan: Rakuten eliminates all parity requirements

Japan’s largest domestic online travel platform has officially committed to remove all rate and availability parity obligations in its contracts with the nearly 33,000 hotels listed on its site.

https://www.lexology.com/library/detail.aspx?g=2abc6aab-b710-41c2-af7a-be0285ea3ba1

Airbnb to verify all of its listings

Airbnb properties will soon be verified for accuracy of photos, addresses, listing details, cleanliness, safety and basic home amenities. All rentals that meet the company’s new standards will be “clearly labeled” by December 15, 2020.

https://techcrunch.com/2019/11/06/airbnb-to-verify-all-of-its-listings/

 Kayak launches Kayak Guides

The new feature allows users to create and share personalized travel itineraries with friends, family and fellow travelers. In the near future, travelers will be able to search within Guides for specific locations, themes and more.

https://www.prnewswire.com/news-releases/new-kayak-guides-help-you-find-your-one-in-a-billion-trip-300952032.html

 Booking.com launches third Booking Heroes competition

The competition invites Booking.com customers to tell the world their story of an accommodation provider that made their trip unforgettable. The Booking Heroes competition champions the outstanding hospitality of accommodation providers that offer their guests far more than a place to rest their head. By sharing their stories, customers can earn a chance to win €25,000 of Booking.com travel credit – both for them, and their Booking Hero.

https://globalnews.booking.com/bookingcom-highlights-hospitality-heroism-and-outstanding-travel-experiences-with-its-third-booking-heroes-competition/

Google Promoted Hotels available on mobile

Promoted Hotels placements have been introduced to mobile, expanding their presence on Google Hotel Search. As is the case in desktop search, Promoted Hotels will appear in one to two placements on the first page of the search query and will update based on the filters provided.

https://koddi.com/google-promoted-hotels-available-on-mobile/

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

Thanks and have a good day!

 

 

 

 

 

The Week, That Was – October 2019 Week 5

Pontresina, Main Road, Engadin, Switzerland, Rhätikon

Things to Consider Before Choosing a Hotel Channel Manager in 2019

It is necessary to have a seamless hotel channel manager to manage distribution. It will let you sell rooms efficiently, maximise revenue and reduce the amount of time that you waste on manually managing OTAs resulting in empty rooms or overbookings. Before picking a hotel channel manager, here are a few things that you need to consider.

https://www.erevmax.com/blog/index.php/2019/10/things-to-consider-before-choosing-a-hotel-channel-manager-in-2019/

The real value of the bedbank distribution model

Reach, Growth, and Occupancy: the real value of the bedbank distribution model has been commissioned by Hotebeds and explores the unique role that bedbanks play in the hotel industry.

https://www.phocuswire.com/Hotelbeds-value-of-bedbanks-report

Ctrip is now Trip.com

The recently concluded 2019 annual general meeting of shareholders adopted the resolution to change the name of the company from Ctrip.com International to Trip.com Group.

https://www.hotelmarketing.com/articles/ctrip-is-now-trip-com

U.S. travel industry intensifies efforts to draw Chinese tourists

Across the country, the U.S. tourism industry is trying to counter one of the casualties of the trade war with China that is still raging despite a temporary truce this month: a drop in the flow of affluent Chinese visitors to the U.S.

https://www.travelweekly.com/North-America-Travel/US-intensifies-efforts-to-draw-Chinese-tourists

 The top 5 things you need to know now in hotel digital marketing: October Edition

This month, the latest digital innovations include Google testing search results without URLs, the benefits of being GDPR-compliant, and the colors that will be making a splash in 2020 design.

https://www.hotelmarketing.com/articles/the-top-5-things-you-need-to-know-now-in-hotel-digital-marketing-october-edition

Meet Team eRevMax at WTM London, Stand TT211 from 4 – 6 November 2019 – contact marketing@erevmax.com to set up a meeting.

Thanks and have a good day!

The Week, That Was – October 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!!

Argentina based Europlaza Hotel & Suites recommends eRevMax for channel connectivity

Europlaza Hotel & Suites, a midscale hotel in the heart of Buenos Aires has recommended eRevMax solutions for managing online distribution. The property has been using RateTiger Channel Manager since 2014 to maintain real-time rate and availability across multiple online sales channels and receive reservations.

https://bit.ly/2BFN2ki

How to Promote Your Hotel to Business Travelers?

Business travelers form one of the major groups of travelers, and this group is increasing with time. Expenses on global business travel are expected to rise by 7% by the year 2020, which means hoteliers have to go that extra mile to attract business travelers to their properties.

https://www.erevmax.com/blog/index.php/2019/10/how-to-promote-your-hotel-to-business-travelers/

TripAdvisor jumps on the hotel direct booking bandwagon

TripAdvisor is introducing a direct-booking feature to its Sponsored Placements product for accommodation providers designed to help them boost revenue. With the new feature, sponsored listings will now include a prominent link directly to a hotel’s website to facilitate a booking. Previously, listings linked through to an OTA.

https://www.phocuswire.com/tripadvisor-sponsored-placements-direct-bookings

Google vacation rentals: Booking Holdings is gone, Airbnb is in

Airbnb listings have begun appearing for the first time in Google’s vacation rentals feature in several European cities, including Paris, Amsterdam, and Madrid. Airbnb’s appearance in Google vacation rentals could be a cameo — a small test to see if participation is worthwhile.

https://skift.com/2019/10/22/airbnb-makes-debut-in-google-vacation-rentals-for-now/

Independent hotels disappearing as chains grow

More independent hotels are either joining the big chains or shutting their doors. One of the biggest reasons independent hotels are disappearing is that they’re getting acquired by the large hotel companies or joining them as affiliates to tap into their marketing power.

https://www.nytimes.com/2019/10/21/business/independent-hotels-airbnb-boutique-chains.html

Phocuswright: Capturing the Chinese travel consumer

1.4 billion people strong, the Chinese make up a large percentage of APAC travelers. Capturing Chinese travelers is like netting a big fish. They travel in throngs and have money to spend. This is proven by the travel bookings from the region amounting to USD 420 billion in 2018 and is expected to increase to USD 480bn in 2020.

https://www.traveldailymedia.com/capturing-the-chinese-consumer/

Agoda on moving beyond accommodation

In the past, Agoda was all about hotels. That has changed. Today the company sells flights, tours as well as alternative accommodation which has become a strong pillar of the business. Thailand-based travel platform Agoda says it is focusing on finding the “best inventory” for its customers, operating with the “best tech” and fending off the intense competition in Asia armed with the “best weapons.”

https://www.phocuswire.com/Agoda-John-Broughton-Brown-interview

Meet Team eRevMax at WTM London, Stand TT211 from 4 – 6 November 2019 – contact marketing@erevmax.com to set up a meeting.

Thanks and have a good day!

Online travel trends in USA

It’s been a decade since the travel industry has turned around from the global recession. The past 10 years marks the story of remarkable resilience shown by the hoteliers. From accommodation sharing to rate comparison to social selling to travel demand surge – this has been a period of challenges, disruptions and growth.

Fueled by digital innovation, the shift to online travel booking has emerged as a global trend. In 2009, Expedia and Booking – two of world’s biggest OTAs processed around $15 billion in gross bookings. In 2018, they reported gross global bookings of $99 billion and $92 billion, respectively. From $15 billion to $191 billion – this astonishing 1200% increase reflects the change in traveler’s booking behavior and preference.

According to a survey by Wex on US travelers’ booking behavior and preferences ranging in age from 18 to 70, typically 67% of respondents book their travel online with 73% of Gen Z and 76% of Millennial travelers doing so. The online travel market in US, although near saturation, has been outpacing the overall market and now amounts to US$103 billion. While OTAs are expected to control 41% market share in 2020, Expedia and Booking Holdings continue to dominate in the U.S., with the two collectively representing 92% of the OTA market. In this post we take a deep dive into OTAs in the region who are playing vital role in shaping the digital travel.

Expedia

In 2018, 350 million room-nights were booked through Expedia, making hotel reservations its biggest source of revenue. Following the merchant revenue model, the company buys up a large number of hotel rooms at a lower rate and receives booking payments from the customer. Through a network of branded travel booking sites, including Expedia.com, Hotels.com, Travelocity, Orbitz, Wotif, Egencia, Vrbo along with the metasearch platform Trivago, the group has been able to drive a loyal user base. The Expedia platform had over 1 million properties (including 370,000 of HomeAway vacation rentals) with its site receiving 675 million monthly site visits and its mobile app being one of the most popular one across platforms.

For listed hotels, the company provides an easy-to-use console Expedia Group Partner Central to manage their properties, join promotions and packages to attract travelers, and maximise revenues.

Egencia is the business travel management service offering accommodation, flights, activities, and more to businesses who wish to leverage their services to find the best deals for travelers.

Booking.com

Everyday over 1.5 million room-nights are booked on Booking Holdings platform making it the largest online travel agency in the world, and has a portfolio of popular OTAs, including Booking.com, Priceline, Agoda and Kayak.  Booking.com, its flagship brand largely works on the agency model acting as agents on behalf of accommodation providers. Hotels pay the OTAs once the booking has been paid in full by the guests. Its loyalty reward system called Genius provides members with discounts and rewards which increase as the member books more through the site. Booking.com has been steadily making inroads in the US market which has been historically dominated by Expedia.

Listing on Booking.com is a rather simple process. Accommodation providers need to visit the registration page and complete the instructions. It’s important to select the property type to ensure right category listing. The commission-based service even offers 24/7 multilingual assistance and markets your property on various search engines. Booking.com provides its client properties a Visibility Dashboard with the relevant data to track and improve your visibility in the search results. Hotels can also take advantage of its Genius and Preferred Partner Programme for better visibility.

Airbnb

Over the last couple of years, Airbnb has emerged as a preferred channel for independent and boutique hotels. In fact, properties listed as boutique hotels, bed and breakfasts, and other hospitality venues like hostels and resorts have grown by 152 percent in the last one year. The platform has also emerged as a preferred option for last-minute bookers, which is expected to get further boost following its acquisition of HotelTonight and cross-promotion across these channels. Since last year, Airbnb has been highlighting hotels more prominently on its website and introduced a loyalty program. Earlier this year, the company has eliminated guest fee on new hotel listings making it more competitive with traditional OTAs. To list their properties on Airbnb, hotels need to match guidelines set by the channel like:

  • Vibrant common gathering spaces / events
  • Guest rooms with personal touches that are individually unique and/or local in design
  • High-quality photos on the listing page that showcase the design of the property and what guests can expect
  • Accessibility features that are helpful to guests with limited mobility

Hotels.com

A part of Expedia group, Hotels.com is a strong brand available across 85 local websites in 35 languages. The channel receives over 60 million unique visitors per month.  It’s loyalty program Hotels.com® Rewards has over 15 million members. With a fully responsive mobile site and mobile app with over 50 million downloads to date, customers can book on the go with access to 20,000 last minute deals. To list a property, hoteliers need to apply through Expedia Partner Central (EPC). As part of the Expedia group, the listing gets featured across all Expedia sites including Orbitz.com, Expedia.com, and Travelocity.

 

 

 

The Week, That Was – October 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 & Conversations in Singapore

The consortium of travel technology specialists, HospitalityUnited.Club, is ready to host its exclusive ‘Cocktails & Conversations’ evening in Singapore this month, on 16th October 2019. The Club will be hosting the event in partnership with AgentX101, HotelTonight, Ecommpay, LiveOS, RateTiger and WIHP, to present the latest in travel technology.

Register today – https://www.hospitalityunited.club/events-register/singapore-oct19.html

Booking.com’s top travel trends for 2020

The company predicts 2020 will be a year of travel exploration like never before, fueled by technology as well as a growing sense of responsibility and deeper connection with the people and places we visit.

https://travelpredictions2020.com/#5

If you think email is dead, think again

Adobe’s recently released Email Usage Study for 2019 reveals new insights about consumer habits and preferences around receiving marketing emails. The respondents are spending up to five hours a day checking their emails (both work and personal). In fact, they actually feel that the amount of time they are spending is ‘just right.’

https://www.clickz.com/email-usage-study-adobe-2019/255955/

RoomIt by CWT expands channel manager connectivity

RoomIt by CWT the global hotel distribution division of CWT, announces new strategic partnerships with multiple global hotel guest acquisition platforms. The partnerships provide business travelers with more choice and hotels with greater access to customers.

https://news.carlsonwagonlit.com/pressreleases/roomit-by-cwt-expands-hotel-distribution-with-new-strategic-global-partnerships-2924419

Hotels are start, end points of travel experiences

As affluents become more drawn to experiential travel, the role of the hotel has evolved to become more about the destination than simply about hospitality. During a panel at Condé Nast Traveler’s Points of View Summit, industry experts discussed how high-end and boutique hotels are becoming more reflective of their location. Design, sustainability practices and programming are different ways hotels can incorporate local elements.

https://www.luxurydaily.com/hotels-are-start-end-points-of-travel-experiences/

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

Thanks and have a good day!

The Week, That Was – September 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!!

Saudi based SAS Hotel recommends eRevMax for its Mobile Channel Manager

SAS Hotel, an upscale 4-star property in Saudi Arabia, has strongly recommended RateTiger and its Mobile App for hoteliers to effectively manage their online business. The property has been using RateTiger’s web-based channel management solution from eRevMax and has been a prolific user of the RateTiger-LiveOS mobile app.

https://bit.ly/2nqPtDu

What blockchain in corporate travel could mean for GDSs, TMCs

Technology companies, from startups with hardly any funding to the likes of IBM, are exploring how blockchain can be used in travel, including in the corporate space. One such company is Blockskye, which is using the technology to solve issues around distribution.

https://www.phocuswire.com/the-beat-live-blockchain-corporate-travel

50 years of the hotel PMS (and why it matters)

The hotel PMS has been around for about 50 years. Despite the technological progress made during all of those years, for most of that time hotels have relied on legacy systems with relatively basic functionalities and mainframes that kept everyone glued to a desk. Then in 2010, the cloud-based system came along, which changed so much more about the PMS than most hotels realize. And now, we’ve come even further to the API-first era.

https://www.hotelmarketing.com/articles/50-years-of-the-hotel-pms-and-why-it-matters

Hotels are gaining brand power

The demise of Thomas Cook is a testament to the profound changes faced by the tourism industry. It also contains clues as to its future direction of travel. However, something fundamental did change: brand power. Before the rise of online booking – let alone when Thomas Cook was born in 1841 – travelers relied on the tour operator brand not just for simplicity and peace of mind, but also to ensure a certain level of quality when staying in unknown countries.

https://www.wsj.com/articles/what-thomas-cooks-collapse-says-about-modern-tourism-11569248853

 Behind Airbnb’s purchase of HotelTonight and push into hotels

Sam Shank, co-founder of HotelTonight, now heads up Airbnb’s hotel division and spoke about the push last week at the Skift conference in NY. Shank noted that his team is building out the hotel category on Airbnb for the San Francisco-based company, which purchased HotelTonight, an app that popularized the last-minute booking trend, in March.

https://adage.com/article/cmo-strategy/behind-airbnbs-purchase-hoteltonight-and-push-hotels/2198561

The cause and effect of slowing business travel

With geopolitical and macroeconomic issues causing some concern for large businesses, hotel executives speaking during second-quarter earnings calls noted a drop-off in business transient. Global geopolitical issues apparently had businesses feeling anxious in the first half of 2019, and that impacted how much they were willing to spend on employee travel.

http://hotelnewsnow.com/Articles/297668/The-cause-and-effect-of-slowing-business-travel

Managing RevPAR for profits

To assist revenue managers, CBRE Hotels Research analyzed the impact of the components of RevPAR (occupancy and ADR) on changes in profits. Per the name, the historical role of revenue managers has been to maximize revenue – specifically rooms revenue or revenue per available room. RevPAR growth is achieved by increasing occupancy and/or average daily rates.

http://hotelnewsnow.com/Articles/298239/Managing-RevPAR-for-profits

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

Thanks and have a good day!

 

Is Your Hotel Website ADA-Compliant

ADA or The Americans with Disabilities Act demands that every business need to make sure that customers can get access to the same services, irrespective of how physically capable they are. The Government is taking active steps to make sure that ADA-accessibility extends not only to offline businesses but also to online properties like mobile apps and websites. If you have a hotel website, you have to make sure that it is ADA-compliant, or you could be staring at trouble before long.

Is Your Hotel Website ADA-Compliant

Focus on the text

Your website should have text that can be resized easily. Make sure that there is a high-contrast mode option which can make it easier for slightly vision impaired visitors to read the text. The site should have a text-only option, and all the functionalities need to be accessible via a keyboard for guests with mobility problems. Ensure that there is minimal formatting for the text. Those who experience problems in seeing might be incapable of reading colored text on colored backgrounds or text that is especially small in size. It is best for you to adhere to a common, large-sized font with dark colored text on white background.

Look at the photos and images

The photos must have proper text descriptions. Your social marketing strategies and website videos should comprise of transcripts and audio descriptions for all those who are hearing impaired. There is a text-based analog for all the visual media. The images must have “alt” text for content description. Suitable descriptive text must be added to videos. You can use screen reader software to describe your website images.

Offer accessibility information all through the site

Throughout your website, you have to feature accessibility information. Say a disabled traveler wants to know whether she can arrive and reach his room, get inside, take a shower and sleep and move about without problems, your hotel website should make all the details easily accessible. You have to include full information about how his experience with your hotel property would be upon arrival. You have to describe every space in your hotel, as well as how it would be like to move to and from each space. Mention all possible obstacles along your way, and also specify any inaccessible area.

Keep in mind that room details are not enough. Your hotel site needs to spot as well as describe every accessible area of your property in complete detail – such as the common spaces, the pathways from and to these spaces all through the hotel, the on-site amenities and more. There can be lawsuits in the absence of all these details. Due to this reason, hotel sites have to include entire accessibility content for every area of the property.

After you make all such changes to your hotel website to satisfy ADA guidelines, get your site evaluated by a web development firm that is familiar with all the issues of ADA compliance. Make sure that visitors using screen readers and other assistive technologies can fully access your website content.

Get Hotel booking channel manager software

Google Hotel Ads – Beginner’s Guide to Increase Bookings

Google Hotel Ads

The huge reach of the internet and social networking websites have changed how people view the world about them. Many travelers are using the World Wide Web and search engines such as Google to know where they can go for their next vacation and which hotel they can stay in. Many of them begin the booking process only after they carry out a Google search. As a hotelier, you have to use SEO best practices in order to boost your chances to get a high ranking on the SERPs. You can also use Google Hotel Ads for proper marketing of your hotel property. Google has undergone an evolution over time and there is a change in how hotels show up in its search results. If you are a beginner, find out how you can use Google Hotel Ads to increase your hotel bookings.

Register for Business View

For people across the world who use the Google search engine for almost every query, Google Street View has turned into an expectation. These days, businesses – including hotels as well as others in the hospitality industry – the Google Business View Tool can be used for displaying the insides of properties.

Capture high-quality videos and photographs

With Google Hotel Ads, you can get the ability to regulate which things show up under your search results. As a matter of fact, you may change the photos that get displayed whenever a user makes a search for a property similar to yours. Keep in mind that Google has very high standards, so that people using it for search queries can enjoy the best information and data. If you wish to feature photos of the insides of your hotel, and add the same into Google Hotel ads that you publish, you would have to post videos and photos in high-resolution and superior quality. The photos have to show your property in full focus, typically in natural light and minus too many filters. The images have to be a minimum of 14MP or higher, so as to be regarded by Google as high-quality. You may also introduce interactive tours into the ad display section.

Advertise special features and offers

While creating an ad copy, you would of course have to highlight all the special features that make your hotel property special and outstanding from the others. Also mention any discounts that you would like to offer. Mention any promo codes or discounts that you are running at present. In case you have recently constructed a new suit or room at your hotel, your description needs to feature that along with photographs of the same in high-resolution.

Use the Google Ad Preview Tool

The Ad Preview Tool from Google is a great way to track your competition. It can help you to confirm whether or not your ads are performing the best, or as expected. You may use particular keywords to check the ads and ensure that these are giving the best results. You need to find out how exactly your ads are showing up before vacationers who are searching for a hotel property similar to yours.

 

Morocco Enjoys A Positive Year for Travel

Morocco, considered as the gateway to Africa, is a country offering heritage cities, sprawling mountain ranges, golden deserts and warm hospitality. The country has been experiencing a surge in tourism over the last few years and continues to feature in the bucket list of many travelers.

Between 2000 and 2018, Morocco has averaged an annual growth of 6 percent in tourism arrivals, which is two points higher than global tourism growth. In 2018 itself, Morocco received 12.3 million tourists, up 8% from the previous year. Marrakech, the most visited Moroccan city, recorded over 2.4 million tourist arrivals from January to November, in addition to 2.6 million scheduled hotel stays through the end of 2018.

These figures are a testimony to Morocco’s growing prominence as a major tourist destination as well as the contribution of tourism revenue towards the country’s GDP. Research studies show that this growth is partly due to the rise of internet and mobile bookings, allowing people from far off places to be able to research, compare and make flight and hotel bookings online – easily and conveniently.

While the traditional offline booking channels continue to remain strong, the growth of online sales channels and travel intermediaries have been phenomenal over the last few years. So much so that online and offline booking numbers now have very similar levels of value sales. This growth, however, has not been overnight and has various factors that led to this change.

Over time, domestic tourism has received a major boost, especially with the introduction of secure online payments. Further, OTAs and other sales channels have been offering promotions and discounts on online bookings, which is proving to be attractive for travellers. Not only has this impacted domestic tourism – it has led to a rise in international tourists who are now making a beeline for Morocco to experience its rich culture and ornate architecture.

With the Government chipping in to increase tourism by relaxing visa requirements for certain countries, Morocco witnessed an impressive ten-fold increase in Chinese tourist arrivals over the last three years – from 10,000 in 2015 to nearly 180,000 last year.

Further, the rapid development in mobile technology and popularity of social media platforms has literally put travel research and booking into the hands of people. Not only can travelers search and book, travel suppliers too can advertise on these platforms to get in front of potential guests and generate online bookings by providing a defined customer journey through various touchpoints.

With increasing competition and price sensitive guests, hoteliers need to ensure they are visible on multiple OTAs and metasearch channels as well as keep their brand website updated to be able to achieve maximum occupancy and meet revenue targets. Hence, knowing the right channels that bring business to your city is a key and being connected to them is very important for your online sales strategy. To find out how you can improve online revenue, contact us today and speak to our connectivity advisor – https://goo.gl/3gKUJZ

*source- mordorintelligence, moroccoworldnews

The Week, That Was – September 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!!

Hoteliers take a harder look at how they set room rates

Amateurs cut rates to fill hotel rooms. Pros take more sophisticated approaches, such as coordinating to stimulate demand from the most profitable customers. Revenue managers tend to focus on price-setting. Sales and marketing teams typically look at stimulating demand, such as by running email marketing campaigns or advertising on search engines like Google.

https://skift.com/2019/09/03/mgm-resorts-bet-on-rate-setting-tech-catches-notice-of-rivals/

Metasearch: What hotels get wrong

Metasearch is the industry’s fastest-growing distribution channel, yet many hoteliers still struggle to match the success of OTAs on the platform. So what are hotels doing wrong?  In this latest webinar, Dr Jan Sammeck, Director of eCommerce at Deutsche Hospitality, discusses the twelve biggest mistakes hotels are making in their meta strategy.

Listen the recording – http://email.triptease.com/yoLV8mES0O03DJf05D00020

Hotels embrace role as curators of niche products

One of the most interesting opportunities for hospitality brands is to be a new and intimate discovery channel for consumers. This idea is nothing new, of course. Brands have been placing themselves in hotel rooms for ages: Aesop likely owes some of its initial rise to being placed in the rooms at Park Hyatt Tokyo before anyone knew the brand. The taste-making audience who stays there helped with global pollination at an early stage. It was old-school seeding. Right people, right context, new-feeling product. Magic can happen from that.

https://skift.com/2019/09/03/hotels-embrace-role-as-curators-of-niche-products/

Booking.com, Skyscanner, Ctrip and TripAdvisor join travel sustainability pact

Booking.com, Skyscanner, Ctrip, and TripAdvisor, alongside payment giant Visa, have come together to form Travalyst in an effort to “mobilize the travel industry as a catalyst for good, aiming to transform the future of travel for everyone.”

https://www.phocuswire.com/Sustainable-tourism-online-travel-launch-Travalyst

2020 Budget season tips: Mapping your hotel’s digital marketing budget

Should we invest in search marketing, display advertising, and/or metasearch advertising? In truth, there isn’t one standard way to divide your marketing budget up – it really varies from property to property. However, adopting a multi-channel approach is best to expand your reach and target different customers throughout their travel journey.

https://bit.ly/2lzohRY

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

Thanks and have a good day!