Cloudbeds

MAY 15, 2024

But it also makes it more challenging to get travelers to book direct. Pros and cons of rate parity Rate parity is regulated by contractual agreements between hotels, OTAs, and other booking platforms. As OTAs appeared at the end of the 1990s and started to undercut hotels’ rates, rate parity clauses were extended to them, too.

OTA 52

OTA Hotels Revenue Management Revenue 52

STAAH

NOVEMBER 1, 2023

For steps on how to Add a Mobile Rate via STAAH click here Boost international bookings – Country Rates Capitalize on the increase in international travel by offering a Country Rate. This feature supports creating NEW promotions created in the MAX extranet, and option to pull existing promotions created on OTA extranet.

OTA 89

OTA Cancellation Market Marketing 89

SiteMinder

FEBRUARY 13, 2023

SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Average Length of Stay 52

Average Length of Stay Average Daily Rate Travel Global Distribution System 52

Q4Launch

FEBRUARY 8, 2022

The travel industry is constantly changing, especially since the pandemic began in 2020. The COVID-19 pandemic turned the travel and tourism industry upside down in the United States. Luckily, travel is now trending up, but not without some new travel industry trends. Begin by requesting a free Google Analytics Analysis.

Travel 52

Travel Cancellation Market Marketing 52

STAAH

MAY 30, 2023

With the rise of online travel sales and the influence of e-commerce and review sites, accommodation providers must adapt to the evolving distribution landscape. 4) Defining Target Audience: To make online distribution more efficient, it is essential to clearly define the target audience or market.

OTA 82

OTA Hotels Revenue Travel 82

SiteMinder

NOVEMBER 30, 2023

What are travel statistics? Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Some highlights include: Air travel passengers are expected to reach 9.4

Travel 52

Travel Accommodation Tourism Hotels 52

Cloudbeds

MARCH 20, 2023

One of the key reasons travelers are drawn to smaller, independent lodging properties is they provide personalized, intimate experiences. And it all starts with hotel market segmentation. What is hotel market segmentation? Transient These guests are individuals traveling for business or leisure.

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52

STAAH

JUNE 6, 2023

If you are a smart hotelier or any type of accommodation provider, you would not want to miss the chance of converting your website visitors from an OTA (or any other source) and bag the commission-free direct bookings. With the right analytics tools, hotels can make data-driven decisions to optimize their revenue and marketing strategies.

Cancellation 72

Cancellation OTA Global Distribution System Revenue 72

Travelboom Marketing

MAY 3, 2024

Google Travel Google Travel is a dedicated platform for trip planning. When searching for destinations, Google Travel prominently features a hotel section. Performance Max for Travel Goals > Multi channel campaign that uses Google AI to deliver ads to the right audience.

OTA 52

OTA Hotels Branding Real Estate 52

STAAH

NOVEMBER 1, 2023

For steps on how to Add a Mobile Rate via STAAH click here Boost international bookings – Country Rates Capitalize on the increase in international travel by offering a Country Rate. This feature supports creating NEW promotions created in the MAX extranet, and option to pull existing promotions created on OTA extranet.

OTA 52

OTA Cancellation Market Marketing 52

gcommerce

FEBRUARY 13, 2023

5 Must-Have Hotel Marketing Channels Last week, in “ Hotel Marketing in a Down Economy, ” GCommerce’s Founder, Scott van Hartesvelt , shared some important hotel booking pattern signals, what history has taught us about navigating a challenging economy, and how properties can come out stronger on the other side. decrease YoY.

Digital Marketing 52

Digital Marketing Market Marketing Cost Per Click 52

Hotelogix

APRIL 18, 2024

A common trend with novice hotels and hoteliers is to sign up with as many OTAs - Online Travel Agents (like booking.com , Expedia, etc) as possible. This is a fine strategy to start at, however, the problem is managing the hotel on all these OTAs. We used it to automate this rigmarole of updating inventories on OTAs.

OTA 52

OTA Overbooking Cancellation Business 52

SiteMinder

OCTOBER 15, 2023

Examples of booking channels include your own website, online travel agents like Booking.com, metasearch sites like Google, traditional travel agencies, global distribution systems (GDS), and more. These booking channels are a ticket to accessing the millions of travellers around the world who could potentially be your guest.

Global Distribution System 59

Global Distribution System OTA Revenue Hotels 59

SiteMinder

FEBRUARY 25, 2024

Hospitality is forever changing, in response to new technologies, market trends, customer tastes and more. Chinese travellers took 40 million outbound trips in the first half of 2023 – lower than 155 million outbound trips in 2019 , but more than the near-zero trips during the country’s extensive COVID lockdown.

Hospitality 52

Hospitality Cancellation OTA Tourism 52

The Cosmos

JANUARY 11, 2023

Many people these days depend on tours and travel agencies. Travel agencies are of two types: online and offline travel agencies. Online travel agencies look super cool with their discounts to get things done quickly. Today, we are going to show you why these people do still prefer offline travel agents.

Travel 52

Travel Hotels Hotel Marketing Cancellation 52

STAAH

NOVEMBER 15, 2022

Goodbye bland travel experiences. Modern travellers are redefining what hospitality looks like in 2023 and beyond. Hot off the press, Booking.com revealed what modern travellers are seeking – it’s not just another holiday. A large section of travellers are seeking to get away from the grips of technology and closer to nature.

Hospitality 84

Hospitality OTA Travel Upsell 84

Inn Quest

AUGUST 15, 2023

Hotels face a daunting challenge as travelers seek convenience and competitive prices: how to efficiently manage their room inventory across multiple online distribution channels while maintaining real-time updates and avoiding overbooking. As per reports , the hotel channel management market size is expected to be US $1483 million by 2032.

Management 52

Management Global Distribution System Overbooking OTA 52

Cloudbeds

JULY 27, 2023

Unlike Google’s Free Booking Links, this feature is only available to hoteliers; OTAs and resellers can not participate. This relatively new feature is available in eight main markets – the UK, Germany, Spain, Italy, Finland, Sweden, Ireland, and France. More markets are expected to be available soon.

Cost Per Click 52

Cost Per Click OTA Digital Marketing Accommodation 52

Little Hotelier

NOVEMBER 22, 2023

Hostelworld is the leading online travel agent (OTA) in the budget travel space. The platform also offers chat and forum features that allow travellers to meet, mix and mingle with one another via the app. Hostelworld is the biggest hostel-focused OTA. What is Hostelworld? What does Hostelworld do?

OTA 52

OTA Accommodation Cancellation Travel 52

Hotelogix

JANUARY 30, 2024

In this context, reports are critical as they provide key insights into your hotel's operations, from housekeeping to finance, marketing, and guest preferences. The report also covers cancellations, no-shows, and temporary reservations for the day.

Occupancy 59

Occupancy Average Daily Rate Hotels Cancellation 59

Cloudbeds

FEBRUARY 28, 2024

When travelers make a hotel reservation, they expect a seamless experience , or they may decide to stay elsewhere. For hotels, meeting this expectation means moving away from manual processes and investing in booking software that allows travelers to book a room when they want on the channel of their choice. Generate more revenue.

Revenue Management 98

Revenue Management Revenue Hotels Operations 98

SiteMinder

MAY 25, 2023

Additional data shows that over 80% of travel bookings are abandoned, compared to the general average of around 70%. The bottom line is that hotels can lose millions of dollars in revenue due to abandonment, especially when you also consider that guests may book a room before delaying payment, and then cancelling altogether.

Revenue 98

Revenue Cancellation Accommodation Hotels 98

Xotels

APRIL 3, 2024

This is done by thoroughly understanding your property, its customers, and the market. Also, gone are the days of selling the majority of your rooms through OTAs. Making sure you get your fair share of direct bookings allows you to compete with OTAs and avoiding to pay the hefty commissions on those bookings.

Revenue Management 76

Revenue Management Revenue Management Ancillary Revenue 76

Cloudbeds

JULY 15, 2023

After all, travelers can’t book a property they don’t find! And when you receive a new booking from an OTA, it will show up in your Channel Manager (and PMS /CRS), and that room’s availability will be closed automatically across all distribution channels. The same happens with a cancellation.

Management 76

Management OTA Cancellation Overbooking 76

SiteMinder

FEBRUARY 28, 2023

Many parts of the world are excited about the prospect of travellers from mainland China returning to their shores but, while your hotel can certainly benefit from the opportunity, there are no simple answers when it comes to planning and preparing for this. It also allowed citizens to travel during the Lunar New Year celebrations.

Tourism 105

Tourism Travel Accommodation OTA 105

gcommerce

AUGUST 22, 2023

If the percentage you pay in media fees + your metasearch advertising budget is lower than your OTA commissions, this model can be a win. But a problem we see more and more is that OTA’s are spending huge amounts of advertising dollars to dominate metasearch.

OTA 52

OTA Market Marketing Cancellation 52

Little Hotelier

JULY 31, 2023

MaxiRoom is equipped with a range of features aimed at optimising your hotel’s performance across Hotelbeds’ worldwide markets and channels. This means you can manage your reservations, update your rates and availability, and distribute your rooms to online travel agencies (OTAs) all from one platform.

Cancellation 52

Cancellation Overbooking OTA Occupancy 52

Little Hotelier

AUGUST 1, 2023

Orbitz is a travel planning and booking website that offers a one-stop solution for all your travel needs. It provides a wide variety of deals and discounts on flights, hotels, rental cars, and more, making it an excellent option for budget-savvy travellers. What is Orbitz? How do Orbitz hotel bookings work?

Cancellation 52

Cancellation Hotels Travel Revenue 52

eZee Absolute

DECEMBER 11, 2023

A hotel channel manager is a software that allows hotels like yours to manage their online inventory and rates across multiple booking channels, such as online travel agencies (OTAs), global distribution systems (GDSs), and your website as well. There are many channel managers in the market. But fear not! It’s a win-win!

Management 59

Management OTA Overbooking Global Distribution System 59

SiteMinder

JANUARY 8, 2024

This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more. Alternate operations in hospitality often rely on the success of the travel and tourism sector.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

OCTOBER 10, 2023

Agoda, being one of the leading online travel agencies (OTAs), provides a vast and valuable audience. Once a room is booked on Agoda, the channel manager ensures that it’s taken off the market, eliminating the potential for double bookings.

Management 59

Management Overbooking OTA Hotels 59

Little Hotelier

JUNE 5, 2023

However, Airbnb’s commission can go up to 14% or more for hosts who have a Super Strict cancellation policy. Hosts who are in certain countries (such as Italy) and those who have Super Strict cancellation policies may pay more than 3%. Cancellation fees Cancellation fees apply if a guest cancels a reservation during certain periods.

Cancellation 52

Cancellation Revenue OTA Services 52

Little Hotelier

OCTOBER 11, 2023

For hoteliers, peak travel season is all about making hay while the sun shines. By positioning yourself as the first choice for your target guest, you can charge a higher rates for your rooms – which guests will be more willing to pay given they are competing against so many other travellers.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

Inn Quest

MAY 11, 2023

With travel restrictions lifted, hotels are gearing up to welcome guests again. Importance of Pricing Strategies to Grow Your Hotelier Business Any hotel must have an effective pricing strategy to be successful, especially in a competitive market.

Revenue 88

Revenue Occupancy Hotels Market 88

TravelNet

JUNE 26, 2023

With economic uncertainties, travelers are more cautious and are likely to spend less than they used to. Take time to reexamine your cancellation policy, rates, and fees. Double down on marketing efforts Property management companies who thrive in a down-turn market tend to double down on marketing.

Revenue Management 52

Revenue Management Revenue Occupancy OTA 52

eZee Absolute

JANUARY 9, 2023

Use social media marketing. Leverage the power of OTAs. If you have been thinking of targeting this group of travelers, then here are some of the benefits you would love to learn about: 1. Explore new markets. Partner with local businesses and communities. Offer special deals and discounts.

OTA 52

OTA Hotels Accommodation Travel 52

eZee Absolute

SEPTEMBER 20, 2022

Today’s Travelers Are Value Seekers. In this phase, she is reading various vacation articles on the internet, binge-watching solo travel videos, scrolling through her Instagram feed, and whatnot. What if she could read all the travel articles you have published? What if she could watch solo travel videos on your YouTube channel?

OTA 96

OTA Hotels Travel Accommodation 96