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 into Vietnam with BedLinker
eRevMax, the leader in hotel online distribution and connectivity space, today announced a partnership agreement with BedLinker, a leading Vietnamese hospitality technology start-up. Through this partnership, BedLinker will now be the official sales representative for RateTiger in the region and deliver its advanced connectivity and reservation management solution.
5 insights into the 2020 forecast for US hotels
The U.S. hotel industry got a confidence boost as December 2019 performance metrics came in strong. However, after two consecutive months of RevPAR declines, do not signify a recovery. Instead, hoteliers should expect the norm to continue to be slow-to-no growth going forward in 2020.
China hotel occupancy down 75%
Hotels in other markets around the world will also see a more pronounced impact, given a greater dependence on Chinese outbound travel in more recent years. STR has projected a 28% drop in visits to the U.S. from China for 2020.
The online battle for the Indian traveler
OTAs such as MakeMyTrip, Yatra and ClearTrip have altered the way the travel industry works in India. People in India were getting more and more confident of booking online.
9 Trends That Are Surprising Hotel CDOs
HSMAI brought together about two dozen CDOs from hotel brands, management companies, and owner groups at the Chief Digital Officer Executive Roundtable in New York City on Jan. 23 to pick their brains about challenges and trends they’ve been seeing in the past six months.
Five ways to market your hotel locally
A safe strategy to insure against declining international travel might be to turn extra attention to local marketing. As the global economy reached new heights over the past decade, American hotel brands have become increasingly reliant on international travel as a source for online bookings.
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