Hospitality Net

FEBRUARY 6, 2024

Cloudbeds, the hospitality management platform powering more reservations and happier guests for independent lodging businesses around the globe, has today revealed rankings of the highest revenue-generating Online Travel Agencies (OTAs) worldwide, as well as by various countries and regions.

OTA 135

OTA Revenue Hospitality Management Business 135

Hospitality Net

FEBRUARY 14, 2024

This means that, for the first time, hosts can take advantage of a far wider range of tech tools, which would normally only be available to those with a portfolio large enough to warrant a PMS subscription.

OTA 122

OTA Hospitality Travel 122

Hospitality Net

APRIL 5, 2024

Online travel agencies (OTAs) that once leveled the playing field for independent properties now dominate, their economic muscle squeezing hotel margins. The hotel distribution channel landscape is undergoing a seismic shift. Metasearch engines commoditize the search experience, making standalone properties indistinguishable.

OTA 165

OTA Accommodation Hotels Travel 165

Hospitality Net

JULY 5, 2023

Renting apartments for short stays continues to gain popularity among travelers, allowing individuals to generate a substantial income. However, professional agencies compete with homeowners offering private apartments for vacation rentals and online travel agencies (OTAs). Short-term rentals offer lucrative opportunities.

OTA 246

OTA Travel Market Marketing 246

Hospitality Net

NOVEMBER 9, 2023

In the perpetual quest to achieve greater market share, hoteliers constantly seek strategies to help them transcend the competition posed by online travel agencies (OTAs). This is where hotel data revenue can help.

Revenue 182

Revenue Market Share OTA Hotels 182

Hospitality Net

FEBRUARY 26, 2024

The research by Morning Consult for the American Hotel and Lodging Association reveals a significant dominance of Online Travel Agencies (OTAs) in the U.S. hotel market, controlling 90% of online bookings and receiving over $50 billion annually from hotels.

OTA 126

OTA Hotel Marketing Hotels Market 126

Hospitality Net

JULY 23, 2023

A hotel booking site, also known as an online travel agency (OTA), is a platform where travellers can book accommodations over the internet. These sites often provide comprehensive information about the hotel, including room availability, amenities, prices, location, and user reviews.

OTA 169

OTA Accommodation Hotels Travel 169

gcommerce

APRIL 1, 2024

Missing in that analysis is the amount of potential business they are ceding to OTA's or, worse yet, their competitors. For too long, the hospitality industry has managed marketing with an emphasis on the expense side of the ledger. So much so that OTAs have devoted huge chunks of their budgets to these channels.

OTA 52

OTA Revenue Market Share Market 52

Hospitality Net

JANUARY 28, 2024

Your marketing content should tell a consistent "story" about your hotel’s value proposition and brand, and inspire travelers to consider and eventually book your property. This rule applies to your website copy and descriptions, OTA and directory listings, social media posts, digital marketing messaging, etc. This is marketing 101.

Market 175

Market Marketing Hotel Marketing Digital Marketing 175

Hospitality Net

JUNE 23, 2023

Metasearch engines like Google dominate the online travel market. While OTAs can sometimes seem like an unbeatable force, hotels can level the playing field by implementing a comprehensive metasearch strategy that allows them to attract potential guests and increase their profitability.

Revenue 165

Revenue OTA Travel Market 165

Hospitality Net

JUNE 26, 2023

Renowned for its breathtaking beaches, vast landscapes, fascinating wildlife and cosmopolitan cities, Australia is a gem of the Asia-Pacific (APAC) tourism market and a dream destination for travelers around the globe. A land down under Australia occupies a special place in the hearts and minds of travelers.

Hospitality 187

Hospitality Tourism OTA Travel 187

Hospitality Net

JANUARY 8, 2024

In today’s dynamic hospitality industry, the imperative to secure direct bookings has become more crucial than ever. The intricate task of preserving rate parity is further compounded by the diverse array of online travel agencies (OTAs) and alternative distribution channels.

OTA 142

OTA Revenue Travel Market 142

Hospitality Net

JULY 5, 2023

Renting apartments for short stays continues to gain popularity among travelers, allowing individuals to generate a substantial income. However, professional agencies compete with homeowners offering private apartments for vacation rentals and online travel agencies (OTAs). Short-term rentals offer lucrative opportunities.

OTA 130

OTA Travel Market Marketing 130

SiteMinder

SEPTEMBER 12, 2023

What are travel wholesalers? Travel wholesalers are B2B companies that purchase hotel room inventory in bulk at a discounted rate and sell it to OTAs, travel agents, tour operators, airlines, and other travel or accommodation sellers. They will never sell your rooms directly to travellers. Let’s take a look.

Travel 52

Travel Hotels B2B OTA 52

Cloudbeds

FEBRUARY 7, 2023

For independent properties, another challenge is competing with global loyalty programs offered by big hotel brands and online travel agencies (OTAs). In today’s discount-driven marketplace, hotels often try to “buy loyalty” from travelers with special rates and value-adds. Net Promoter Score™ (NPS). Churn rate.

Travel 52

Travel Hotels OTA Services 52

Savvy Hotelier

NOVEMBER 30, 2020

This is a list of companies in various categories of the hospitality industry that I recommend you follow to stay informed. It covers hotels, OTAs, apartment rentals, airlines, travel magazines, and industry research. I want to curate a global list of international hospitality magazines to follow. Be a #savvyhotelier!

Hospitality 52

Hospitality Marketing Strategy OTA Travel 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. Connectivity with OTAs Not all online travel agencies (OTAs) are created equal.

Management 59

Management OTA Overbooking Global Distribution System 59

Hotelogix

NOVEMBER 12, 2023

Reports like hotel revenue report and MIS hotel report are essential for every type of hospitality property. To access this report, go to Report Console >> Custom Reports >> Net Revenue Report 8) Hotel business and market analysis comparison report This report comes as part of hotel analytical report.

Management 59

Management Occupancy Average Daily Rate Revenue 59

gcommerce

FEBRUARY 13, 2023

Online Travel Agent sites (OTAs) compete heavily on these channels to steal market share. OTAs are pushing hard to regain their footing. In 2020 and 2021, most properties were able to surpass OTA bookings with direct bookings. The “Show Me You Know Me” methodology is so incredibly pertinent to the hospitality space.

Digital Marketing 52

Digital Marketing Market Marketing Cost Per Click 52

Amadeus Hospitality

OCTOBER 19, 2023

The luxury Puerto Rico property has prospered despite a 4-year closure following Hurricane Maria in 2017, a global pandemic, and the adjustment of leaving the umbrella of one of the world’s largest hospitality brands. This includes a 65% growth in brand.com bookings and revenue YoY, paired with a 16% drop in OTA reliance.

Resorts 59

Resorts Branding Ancillary Revenue Revenue 59

Boutique Hotel News

JANUARY 27, 2023

After a topsy-turvy 2022, here are the major hospitality and real estate trends we expect to see in the year ahead, some more unexpected than others. U is for understaffed Staffing issues will continue to be a focal point of conversation for hospitality providers.

Real Estate 52

Real Estate Hospitality Accommodation Consumer 52

Hospitality Net

NOVEMBER 9, 2023

OTA Insight, the global leader in cloud-based market intelligence for the travel & hospitality industry, has rebranded to Lighthouse. This shift marks a significant milestone in the company’s continued evolution as a unified platform that fundamentally reimagines commercial strategy for the travel and hospitality industry.

OTA 145

OTA Travel Hospitality Market 145

Hotel Speak

MARCH 13, 2024

For example, a leisure traveler’s distribution channel may go through a wholesaler and a tour operator, or an online travel agency and an affiliate online travel agency. A business traveler’s channel may include a DHISCO switch, a global distribution system, and a corporate self-booking channel.

Global Distribution System 79

Global Distribution System Retail Shopping Consumer 79

Cloudbeds

MARCH 20, 2023

One of the key reasons travelers are drawn to smaller, independent lodging properties is they provide personalized, intimate experiences. Transient These guests are individuals traveling for business or leisure. Some hotels break down transient business into subgroups such as OTAs, direct bookings , packages, and consortia.

Hotel Marketing 52

Hotel Marketing Market Marketing Average Daily Rate 52

Hospitality Net

FEBRUARY 14, 2024

Lighthouse (formerly OTA Insight), the leading commercial platform for the travel & hospitality industry, today announced the acquisition of Belgian-based Stardekk, a market leading provider of channel management and distribution software for the hospitality industry.

OTA 130

OTA Revenue Hospitality Travel 130

Little Hotelier

FEBRUARY 22, 2023

Hospitality and tourism are exciting, alluring, industries. The fun of showing travellers a good time, the joy of making guests happy, the feeling of contentment that comes from earning your own money in your own way; it’s little wonder why so many people have considered establishing their own property. Is it for the lifestyle?

OTA 52

OTA Business Hiring Market 52

gcommerce

JANUARY 29, 2024

Equally important, the absence of that marketing all but guarantees that travelers looking to stay in your destination will book through OTAs or, worse yet, at one of your competitors. We often hear from hoteliers who are resigned to letting OTA’s take a booking because it’s easier and still results in net bookings.

Market 52

Market Marketing Hotels Upsell 52

Hospitality Net

APRIL 6, 2023

Usually, a guest’s first step when planning travel is deciding on a destination. If there’s any tool that’s the single most powerful resource for your prospective guests, it’s online search. That’s the easy part! From there, looking for accommodation is where things can get complicated.

OTA 149

OTA Accommodation Travel 149

Travel Media Group

SEPTEMBER 6, 2023

This is your host, Ryan Embree here, coming from the content creation studio in Maitland, Florida at the headquarters of Travel Media Group. Jason Lee, Chief Technology Officer at Travel Media Group. Jason Lee: Okay, so here at Travel Media Group, we process all reviews received by hotels in the United States.

Travel 77

Travel Services Occupancy Market 77