The Week, That Was – March 2021 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!!

Travel Tech Announces First 2021 Virtual Conference for USA & Canada, from March 8-12, 2021 

Join us to explore new business frontiers and discover innovative technologies. Hear from experts on how they are adapting to the new normal and generating revenue opportunities for their business. 

The event will provide North American hotels with technology-based educational resources & actionable strategic updates, designed to support their financial recovery. 

Register Now for all five days of the TravelTech USA & Canada conference - https://event.webinarjam.com/register/1/x463mfm 

 Business travel in the age of Covid-19 

 Business travelers rely more on their corporate travel booking partner to ensure travel accommodations are safe, and making last-minute changes as government policies shift. 

 https://www.travelerstoday.com/articles/49160/20210303/business-travel-in-the-age-of-covid-19.htm 

 Italy has a new way to combat overtourism 

 Before travel opens up again, Florence wants to make sure things will not return to the way they were before. One way to make sure of that? Diverting visitors away from Florence itself. 

 https://edition.cnn.com/travel/article/uffizi-diffusi-tuscany-galleries-overtourism/index.html 

 TripAdvisor’s new subscription model wins fans on Wall Street 

 With TripAdvisor Plus, the fees that hotels normally pay the company will instead go to the consumer. 

 https://www.barrons.com/articles/tripadvisor-stock-new-wins-a-fan-on-wall-street-51614709413 

 When can we go on vacation again? This is what experts say 

 While travel experts are optimistic that things will slowly begin to open up again this year, how quickly that happens will depend on where you are, where you want to travel to. 

https://edition.cnn.com/travel/article/when-can-we-go-on-vacation-again/index.html 

The changing face of travel payments 

Travel players are putting together preliminary itineraries for consumers looking to book trips but holding off on taking payments. 

https://www.pymnts.com/travel-payments/2021/the-changing-face-of-the-travel-payments-supply-chain/ 

 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 – February 2021 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!!

RateTiger wins strong recommendation from Warwick Doha

Qatar’s leading 5-star property, Warwick Doha, has found the perfect technology partner in eRevMax and has highly recommended RateTiger suite of online distribution and rate shopping solutions to other hotels in the Middle East.

Read more about Warwick Doha’s experience with RateTiger – https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/feb2021-erevmax-ratetiger-wins-strong-recommendation-warwick-doha.html

Booking.com to focus on U.S. growth

With the pace of recovery still uncertain, the company is focused on three priorities: expanding the payment platform on Booking.com, building the connected trip capabilities and growing market share in the United States.

https://www.phocuswire.com/booking-holdings-focuses-on-payment-platform-connected-trip-and-us-growth-as-q4-revenue-bookings-down-60-percent

Airbnb plans for a new kind of travel

Airbnb is introducing Flexible Search, which will allow users to forgo putting in exact dates when they look to book lodging on the platform.

https://techcrunch.com/2021/02/24/airbnb-plans-for-a-new-kind-of-travel-post-covid-with-flexible-search/

As consumers return to travel, they turn to advisors for help

Consumers, including many who never worked with a travel agent before, are turning to travel advisors as they anticipate resuming vacation plans. As a hotel, if you are looking to get offline reservations fed into your PMS, get in touch with RateTiger – we can convert bookings coming from Travel Agents and deliver them into your hotel PMS to reduce any manual error. Contact us on marketing@erevmax.com if you would like to know more.

https://www.travelweekly.com/Travel-News/Travel-Agent-Issues/As-consumers-return-to-travel-they-turn-to-advisors-for-help

Here’s Why It Pays to Book Hotel Stays Now

While low occupancy rates are bad news for hotels, they’re good news for travelers hoping to book vacations this year.

https://www.fool.com/the-ascent/credit-cards/articles/heres-why-it-pays-to-book-hotel-stays-now/

Robust travel retail growth expected in China

China will see an increase of more than 200% in international departures in 2021, reaching approximately 30 million international departures.

https://www.trbusiness.com/regional-news/asia-pacific/robust-travel-retail-growth-expected-in-china-predicts-m1nd-set/202802

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 – February 2021 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!!

Webinar Invite: How to have a Winning Pricing Strategy to Drive Occupancy

As hotels tries to improve their exposure and open new demand avenues, eRevMax and Booking.com are happy to present webinar on 4th March, 2021 at 16:00 IST to showcase how hotels can put a winning pricing strategy in motion to drive demand for their properties.

Register Now – https://docs.google.com/forms/d/e/1FAIpQLScz_QudRvJ_nuzC802iQkEXfX87Xm3wnSVDonSeY-WOJqzZlA/viewform

Business travel sees steady recovery in Europe

Most of the gain is expected to come at the end of 2021 as vaccinations increase globally and business confidence returns, according to GBTA’s latest BTI Outlook.

https://www.gbta.org/blog/business-travel-sees-steady-recovery-in-europe/

Expedia’s trends and predictions for 2021

New report finds people plan to travel more once a COVID-19 vaccine is widely available and will extend vacations this year, signaling industry recovery.

https://www.businesswire.com/news/home/20210216005474/en/Expedia-Group-Releases-Trends-and-Predictions-for-2021

CWT: The business case for data privacy

Throughout the pandemic, many companies have focused solely on preserving cash. But how directly involved should a CEO be in data-privacy?

https://news.mycwt.com/blog_posts/the-business-case-for-data-compliance-98811

Arabian Travel Week to ‘shape the recovery of Middle East travel industry’ says organizer

A host of events are planned to stimulate the bounce-back of the hotel, travel and tourism sectors. The hybrid Arabian Travel Market (ATM) this year will focus on the recovery of Middle East tourism, helping shape the path to recovery.

https://www.hoteliermiddleeast.com/business/123469-arabian-travel-week-to-shape-the-recovery-of-middle-east-travel-industry-says-organiser

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 – February 2021 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!!

MG Group announces strategic partnership with distribution tech leader eRevMax

MG will employ eRevMax’s technology that features a seamless interface and will allow hotels to update rate and availability and receive reservations generated in the platform delivered in their hotel systems in real-time. The partnership gives eRevMax’s more than 9000 hotel clients dynamic access to the B2B industries newest demand side technology platform, MG Jarvis.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/feb2021-erevmax-mggroup-strategic-partnership-distribution-techleader.html

Trivago: Hints of when and how travel will return

A top executive at Trivago thinks the period to understand the future of travel will be the third quarter of this year, the peak of the summer tourist season.

https://www.barrons.com/articles/trivago-earnings-offer-hints-of-when-and-how-travel-will-return-51612978912

eRevMax expands its Channel Ecosystem with MG Bedbank, HyperGuest and grabrooms

As hoteliers, are you ready to tap into domestic travel market? Are you connected to the right channels and keeping them automatically updated with rates and availability on a regular basis? Attract travellers to your hotel from RateTiger’s wide network of partners and expand your hotel’s online visibility. Connect to them today – https://www.erevmax.com/blog/index.php/2021/02/erevmax-expands-its-channel-ecosystem-with-mg-bedbank-hyperguest-and-grabrooms/

Triptease: Optimize your mobile experience for the travel rebound in Asia-Pacific.

Discover the fundamentals of a great mobile experience in this virtual workshop for hoteliers in Asia-Pacific.

https://www.triptease.com/blog/free-workshop-optimise-your-mobile-experience-for-the-travel-rebound/

Booking.com changes hotel cancellation and deposit policies

From 6 April, the website will only support cancellation and prepayment policies that require fees for the first night’s stay, 50% of the total stay or the entire stay.

https://www.thecaterer.com/news/bookingcom-cancellation-deposit-policy-change

UK travelers start booking holidays in May and onwards.

The data, released by Holiday Extras found that the top six destinations are Spain, Greece, USA, UAE, Italy and Turkey.

https://www.traveldailymedia.com/uk-travellers-are-starting-to-book-holidays-in-may-onwards/

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 – February 2021 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!!

Webinar Invite – Understanding Traveller Sentiment for Driving Hotel Business

With occupancy restrictions and changing guest expectations, hotels need to be competitive while being profitable. Join us for a webinar on 17th Feb to know how to leverage the right technology for distribution and operational efficiency.

Register today – https://www.erevmax.com/eshots/webinar/erevmax-prologicfirst-register-feb21.html

Where hotels are investing now

Technology is getting a lot of attention among hotel owners. Cloud-based technology, 5G and machine learning are among common tech investments by hotel owners, as the pandemic accelerates the need for leaner hotel operations and enhanced tech features for both staff and guests.

https://www.costar.com/article/1099742678/hotel-owners-the-driving-force-behind-tech-adoption

Capture the fastest-growing segment of bookers with Booking.com’s Mobile Rates

With the growth in domestic tourism, Booking.com is expecting almost 74% of bookings to come from a mobile phone. Adding a mobile rate to your property will increase your visibility with these customers and unlock your market potential with last-minute mobile bookings. You can update Mobile Rates on Booking.com directly from RateTiger.

https://www.erevmax.com/blog/index.php/2021/02/capture-the-fastest-growing-segment-of-bookers-with-booking-coms-mobile-rates/

Expedia expands hotel discount availability

Expedia Partner Solutions extends package rates to all TAAP travel agent members. Previously available only to a select group of partners, Expedia TAAP package rates are now available to all tiers giving them 20% on accommodation when booked alongside a transport component.

https://travolution.com/news/travel-sectors/travel-agents/expedia-travel-agent-affiliate-programme-extends-benefits-to-help-partners-recover

Agoda launches GoLocal Tonight

The new service helps hotels across Asia-Pacific to capitalize on the growing post-pandemic trend towards last-minute domestic bookings.

https://www.webintravel.com/agoda-sees-growing-demand-for-last-minute-deals-launches-new-tool/

Airbnb CEO Brian Chesky: “It’s going to be a year of focus”

Not only has focus helped Airbnb withstand the coronavirus pandemic, it will also be what sets the company up to capitalize on travel’s rebound.

https://www.phocuswire.com/airbnb-ceo-brian-chesky-going-to-be-year-of-focus

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!

Capture the fastest-growing segment of bookers with Booking.com’s Mobile Rates

In these uncertain times, travellers are looking for extra flexibility. As hoteliers, you need to cater to the ever-changing guest expectation to drive demand to your property.

eRevMax offer seamless connectivity to multiple channel partners to expand your online brand visibility. With the growth in domestic tourism, Booking.com is expecting almost 74% of bookings to come from a mobile phone. Adding a mobile rate to your property will increase your visibility with these customers and unlock your market potential with last-minute mobile bookings. You can update Mobile Rates on Booking.com directly from RateTiger.

The use of mobile in emerging markets has changed how travel is searched and booked and by managing mobile rates, you too can improve reservations coming from mobile bookers.

Did you know?

  • 80% of travellers use a mobile app when researching a trip*
  • 50% of accommodation searches and bookings are made on mobile*
  • Mobile rates give partners 28% more bookings from mobile traffic*
  • 2-in-3 mobile bookings are made by Millennials or younger customers. Everyone might search from mobile but Millennials book.

What is Mobile Rate?

A Mobile Rate is a special discounted rate that’s only visible when someone uses Booking.com’s app or accesses Booking.com’s website using a mobile browser. You can use Mobile Rates to increase your bookings from mobile devices by up to 28%. Mobile Rates are active throughout the year.

How does your business benefit from Booking.com’s mobile rate?

Attract more bookings

Offering mobile rate drives more potential guests to your property page.

Mobile rates on average give partners 26% more bookings from mobile customers.

Mobile rates on average give partners 3% higher click-through rate from search results to the hotel page.

Stand out in searches

Once you activate the feature, a special badge will appear next to your property in search results and on your property page and during the booking process.

Position your property to digital natives who share experiences via social media.

Target mobile users with a special discount to encourage them to book your property immediately while they are on mobile.

Better price, better reviews, better ranking

Two-thirds of mobile bookings are made by millennials – who write more reviews than any other traveller segment. Attracting these bookers can positively impact your overall ranking on Booking.com.

Millennial smartphone ownership is rising: >94% in advanced economies, and >62% in emerging economies*. Attract this customer base with a special discount.

Avoid attention shifts to a competitor when they change device and start a new search process.

How Mobile Rates work?

  • Mobile rates are only visible to guests on mobile devices (on both the Booking.com app and mobile browsers).
  • A minimum 10% discount is recommended.
  • Mobile rates apply to all your rooms and rate plans. The discount combines with discounts for the Genius programme, as well as any other promotions you have set up. However, it does not add on to Country rate or Limited-time Deal.
  • You can set up 30 blackout days per calendar year.

The majority of reservations on Booking.com’s platform is made using mobile devices, so offering a Mobile Rate helps you tap into this large group of potential guests. Mobile Rates can also help you target millennials. The property can activate, edit and deactivate the mobile rates any times.

Creating Mobile Rates via RateTiger

If you do not already have a Mobile Rate set up for Booking.com, you can easily create one using through RateTiger.

  • Log in to your RateTiger platform – https://live.ratetiger.com/#/login
  • In the main dashboard, you will see the Promotions tile. Click on Create Promotion to go to the Promotions page.
  • On this page, select Mobile Promo and then select the channel – Booking-XML
  • Input the discount / promo and click on Create. The Mobile Rate gets created for Booking.com.

You can always update the settings of your Mobile Rates or deactivate them so that potential guests no longer see them.

Lastly there are a host of additional solutions through which your property can benefit and attract more bookings. You can get full details of the Booking.com Recovery Toolkit on the partner page.

RateTiger, powered by LiveOS, provides rate shopping, channel management, booking engine and online distribution solutions to hotels worldwide. It offers 99.9% system uptime and is security certified under ISO, PCI and GDPR compliant. eRevMax continues to expand its partner base through new integrations to offer hoteliers seamless connections across different systems including PMSs, CRSs, OTAs, Metasearch channels, GDS, Wholesalers and offline tour operators among others.

Subscribe to RateTiger today and start using this feature. Reach out to us for your connectivity needs to make the most of your online revenue- https://goo.gl/3gKUJZ

 

 

Hoteliers to stay cautious as per eRevMax’s Hotel Sentiment Outlook 2021

eRevMax has published an in-depth Hotel Sentiment Outlook for 2021 based on hotel survey conducted in December. The report highlights varying levels of business confidence among hoteliers with Middle East showing strong travel rebound while most Western markets are far from normalcy.

The travel sector is unpredictable and with the spread of the new Covid 19 strain, the situation continues to look grim. The survey shows that hotels are cautious and looking for ways to generate new business.

As far as expectations regarding the time required for the market to recover and reach pre-Covid levels, the industry is largely divided. Around 40% of participating hoteliers felt that the travel industry will take up to 2 to 3 years to reach pre-Covid levels of business. While short term recovery has been witnessed in some regions, by and large, hoteliers feel that recovery will take longer, possibly by 2024. Almost 75% respondents believe that there will be a spike in domestic tourism while all other segments of tourism – MICE, corporate and foreign travel will continue to underperform over the next few months.

The survey findings show that hotels are prioritizing online sales to drive demand with channel management and booking engine solutions, even as there is a definite shift to automated touchless solutions.

To know more such key insights, please download the full report – https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/jan2021-erevmax-hotel-survey-highlights-varying-levels-business-confidence.html

The Week, That Was – January 2021 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!!

eRevMax announces strategic alliance with Kenyan hotel technology provider RevSol

We are happy to announce our partnership with RevSol – who will be the official provider of RateTiger in the region. We look forward to helping African hotels increase efficiency, lower costs & improve performance through RateTiger Channel Manager and Rate Shopper among other solutions. Read more about our partnership – https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/jan2021-erevmax-strategic-alliance-kenyan-hotel-technology-provider-revso.html

BCD survey reveals optimism about return of business travel

Most business travelers expect to get back on the road by mid-2021, according to BCD Travel. More than 60% of business travelers surveyed expected to be traveling regularly by mid-2021. By the end of the year, that figure could be above 90%.

https://www.travelweekly.com/Travel-News/Travel-Agent-Issues/Survey-reveals-optimism-about-the-return-of-business-travel

Global View: Hospitality, travel cautiously optimistic for 2021

Market watchers optimistic about a midyear economic turnaround. While the mood is largely optimistic, some industry leaders are cautious, agreeing that 2021 will likely be a “transition year” for the hospitality industry.

https://www.travelagentcentral.com/your-business/global-view-hospitality-travel-cautiously-optimistic-for-2021

Make 2021 count with RateTiger

In terms of technology tools, preferences vary across region. As hoteliers are you rebuilding your hospitality strategies? Take benefit of our New Year bundle product offer – this could be the vaccine your hotel needs to drive new demand! Contact RateTiger today to find out how the right technology can help you achieve your revenue goals for 2021 – https://www.erevmax.com/blog/index.php/2021/01/make-2021-count-with-ratetiger/

Europeans increasingly eager to travel during Spring 2021

Spring 2021 is now firmly in the sights of travelers, according to the European Travel Commission. Despite continuing lockdowns, Europeans are progressively interested in trips during the second quarter of 2021 as COVID-19 vaccines are rolled out.

https://etc-corporate.org/uploads/2021/01/2021ETC_MSIET_Wave_4.pdf

UK hotel sector outperforms Europe through lockdown

UK regional hotels are recording some of the highest occupancy rates in Europe owing to domestic long-stay visitors during the pandemic.

https://travelweekly.co.uk/articles/398657/uk-hotel-sector-outperforms-europe-through-lockdown

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 – January 2021 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!!

eRevMax Survey Report – Hotel Sentiment Outlook 2021

Based on hotel surveys conducted in December, #eRevMax publishes the Hotel Sentiment Outlook for 2021. The report highlights varying levels of business confidence among hoteliers with Middle East showing strong travel rebound while most Western markets are far from normalcy. With the spread of the new #Covid19 strain and fresh lockdowns in certain parts of the world, the travel sector continues to remain unpredictable. The survey indicates the depth of the impact of Covid-19 as hoteliers look for sustainable solutions to stay resilient.

To download the full report, click here –  https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/jan2021-erevmax-hotel-survey-highlights-varying-levels-business-confidence.html

Is vaccine tourism possible?

Vaccines are already changing the sentiment around travel, but there’s one more thing that’s become part of the discussion: vaccine tourism.

https://www.fodors.com/news/coronavirus/thinking-about-traveling-just-to-get-vaccinated-you-need-to-read-this-first

Kayak: Where Americans want to travel in 2021

Vaccine news restores travelers’ confidence. Recent data from Kayak show that flight searches out of U.S. airports are up for several domestic and international destinations in the new year.

https://www.cntraveler.com/story/where-americans-want-to-travel-in-2021-according-to-flight-searches

Regenerative Travel: Are we heading for a better ‘normal’?

Travel companies have a real opportunity to create a new blueprint, one that nurtures people and planet, rather than consumes resources.

https://globetrender.com/2021/01/13/regenerative-travel-are-we-heading-for-a-better-normal/

What does the future of hospitality hold?

While the consensus revolves around the need for the industry to evolve in order to better adapt to the current environment, some suggested that hotel rooms, as we know them today, “will become a thing of the past”.

https://hospitalityinsights.ehl.edu/-top-hospitality-trends 

Tripadvisor launches new social distancing platform

Crowdfree will track when businesses and public places have peak and low crowd times to help travelers effectively social distance.

https://patch.com/massachusetts/needham/needham-based-tripadvisor-launches-new-social-distancing-platform

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 – January 2021 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 expect group business to return in late 2021

Group business was nearly nonexistent in 2020, but hoteliers are preparing for its likely return in the latter part of 2021 and continued growth in 2022.

https://hotelnewsnow.com/Articles/306365/Hoteliers-expect-group-business-to-return-in-late-2021

The future of business travel

There is hope across society that what returns after the pandemic is a better version of what came before. Whether it’s cleaner planes, easier transfers, greater connectivity, or environmental friendliness, there is just the same hope for the future of business travel.

https://www.forbes.com/sites/adigaskell/2021/12/29/the-future-of-business-travel/?sh=4858827b2e09

Will a vaccine bring back leisure travel?

More than 20% of people said they would start planning a trip in January, and 45% saying they would be planning in the first quarter of 2021.

https://www.fueltravel.com/blog/fuel-covid-19-consumer-sentiment-study-volume-11/

Travel trends 2021: Many are seeking more international and luxury destinations.

With 2020 vacation budgets mostly untouched, some people now have extra money to spend.

https://www.marketwatch.com/story/travel-trends-for-2021-many-are-seeking-more-international-and-luxury-destinations-11609344430

TUI optimistic for 2021, expects “a largely normal summer.

Travel group TUI is hopeful about the summer season of 2021, as most European countries have started rolling out vaccines against the coronavirus.

https://nltimes.nl/2021/01/02/ceo-tui-optimistic-2021-expects-largely-normal-summer

Why it’s still the Roaring ‘20s for hotel revenue management

Today’s economic environment requires revenue managers to become broader leaders by demonstrating that revenue optimization is so much more than forecasting.

https://www.phocuswire.com/why-its-still-the-roaring-20s-for-hotel-revenue-management

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!