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!!
Hotel GDS Description – how to get it right?
The GDS still is, and will most likely remain, a noteworthy channel for ARI distribution and reservations for hotels. Both recreation and corporate travel operators utilize it to search and book hotels. Numerous OTA sites likewise utilize the GDS for room stock. Hence, it is critical that your hotel is available on GDS.
Expedia: The travel trends of Latin American consumers
Most Latin American travelers are more likely to spend their travel budgets on domestic trips, according to a study from Expedia Group Media Solutions.
More than 50 percent of Latin American travelers use online travel agencies (OTAs) during the trip planning process, ahead of airline, hotel or destination websites. Forty-nine percent of travelers book their trip on an OTA – the strongest conversion from planning to booking among Latin American travelers. More than half use their smartphone when looking for travel inspiration and more than one-third conduct travel research on their mobile device. Unsurprisingly, mobile usage spikes in-trip, when more than 75 percent of Latin American travelers utilize their smartphone.
Open pricing: A new strategy for maximising hotel revenue
Open Pricing is changing the way that hoteliers set hotel room rates. For properties from large to small, it has the potential to increase revenue and forever change hotel revenue management practices. So, how does it work? Is it a good fit for you? If you wanted to try it, where would you start?
Read on to find out more- https://suite.booking.com/blog/hotel-revenue-management-pricing-strategy-basics/
How independent hotels extend peak seasons
Independent hotels around the U.S. are boosting business outside of peak season through special events and promotions. Whether it’s a hotel that’s open year-round or one that’s only open a few months during the year, hoteliers and sales-and-marketing experts at independent hotels have found ways to bring in business beyond their peak season.
What does the future hold for hotel booking websites?
The hospitality industry is regularly changing and hotel booking websites are no exception. Observing the current changes in the OTA market can give us a clue on what will it look like in the future.
Google on why consumers like to know more before they travel
Google, which derived the insight by analyzing search trends as well as speaking to consumers, says that building anticipation, boosting confidence around traveling to somewhere new and stretching budgets are the primary drivers for consumers wanting to know more before they go.
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