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GDS and Niche OTA Power b. With consumer behaviours evolving, and the lines between tech platforms, marketing, and operations blurring, a modern strategy goes far beyond just listing rooms on online travel agents (OTAs). Pooled Inventory: Smart Inventory Distribution Forget manually allocating rooms to different OTAs.
Key takeaways AI is ubiquitous: AI is now integrated across nearly all hotel tech categories, powering personalization, upselling, and predictive analytics. Marketplaces and alternative distribution rise: A new âMarketplaceâ section underscores the shift beyond OTAs, with hotels diversifying distribution through emerging platforms.
Hyper-Personalization Powered by AI Did you know that the AI market in hospitality and tourism is projected to grow from $15.69 Dynamic pricing and upselling : Based on browsing and past behavior, AI can show tailored room upgrades or experiences that match a guests preferences and budget. billion in 2024 to $20.47
This signing reflects our commitment to supporting Oman Vision 2040, by contributing to the country’s tourism and economic diversification strategy.” voco’s blend of informal charm and global quality perfectly complements the dynamic spirit of Al Mouj.
When hoteliers think about lost hotel revenue , they typically blame seasonality, OTA commissions, or low occupancy. Yet only 56% of travel and tourism brands even respond on social media, a clear signal that delayed or ignored messages are costing both satisfaction and profits. It ensures no guest is left waiting, or walking away.
On-Site Recreational Activities Fitness Centers and Wellness Programs With wellness tourism on the rise, hotels that integrate wellness touchpoints such as spa packages, meditation spaces, or healthy F&B options appeal to the health-conscious traveler. They also open sponsorship opportunities with local tourism partners.
The wellness tourism market industry in the UAE is growing noticeably strong with a projection of US$12.5 This signifies UAE’s developing position as a medical tourism hub, drawing large number of international visitors annually who seek quality medical procedures. percent from 2023 to 2030 as per Grandview Research.
The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Domestic tourism is still going strong.
Direct bookings are reservations guests confirm directly with a property without using an online travel agency (OTA) or 3rd party intermediary. Direct bookings are beneficial because they connect lodging businesses directly with potential customers and increase hotel revenue through money saved from OTA commissions.
eCommerce sites include hotel websites and booking engines , online travel agencies (OTAs), metasearch engines , and other online platforms where hotels advertise and sell rooms. Metasearch advertising can be an effective way to reach these travelers, compete with OTAs, and generate direct bookings.
Providing upselling opportunities: Once a guest has booked a room, there are additional opportunities to upsell services such as dining or spa packages, thereby increasing overall revenue. Seasonal hotel promotions Most destinations experience a low season, where tourism is not as active as other parts of the year.
Train your staff to identify and capitalize on upselling opportunities. Sell via multiple OTAs and focus on selling via your hotel's website and social media pages for incremental direct bookings. Building solid partnerships: Collaborate with local businesses and tourism boards for mutual referrals.
Travellers are now predominantly booking their accommodation online, making it more crucial for hotels to focus on capturing bookings via their own website, OTAs, metasearch, and other online channels. Other popular channels with travellers include: TripAdvisor – Aggregates reviews for hotels, restaurants and tourism activities.
Anak Agung Ari Trisna, General Manager, highlighted the benefits of other features, such as the channel manager , which connects with three OTAs and the direct booking engine which enables direct online reservations. The mobile app is quick and user-friendly,” Nana noted.
In today’s digital-first hospitality environment, OTAs (Online Travel Agencies) play a major role in how guests discover and book stays. From a business perspective, Expedia also supports upselling opportunities, offers visibility to mobile travelers, and provides you with market data that can shape your hotel revenue strategy.
It also had speakers from Booking.com, TrustYou, the Board of Tourism Authority of Thailand, and the Tourism Council of Phuket. They can work with a hotel channel manager to ensure real-time distribution of rates and inventories across OTAs for better visibility, more sales, and zero overbookings.
No use of external or forward-looking data Traditional models don’t incorporate external data—such as compset rates and benchmarks, the hotel’s ranking on online travel agencies (OTAs), and search traffic from partners—to process it into a unified framework alongside rates and bookings. This forward-looking data (e.g.,
From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Travel and TourismTourism is different from hospitality as travel functions as a catalyst for people to spend more money on hospitality services.
Here’s why they’re beneficial: Revenue diversification Hotel packages allow you to diversify your revenue streams by upselling various services and amenities. Access over 450 OTAs through SiteMinder’s channel manager. Keep more of your hotel’s revenue in your pocket, not in the OTA’s, with our specialised booking engine.
From food and beverage to travel and tourism, any role within the hospitality sector requires providing a service to customers. Travel and TourismTourism is different from hospitality as travel functions as a catalyst for people to spend more money on hospitality services.
Wellness options Wellness tourism is all travel associated with the pursuit of maintaining or enhancing one’s personal wellbeing. Pets are a great chance to upsell – you can charge extra for their beds, toys, and any additional services like grooming and pet sitting. Passes to your local gym. billion in the next four years.
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