This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Finding the right balance between OTAs and direct bookings is a crucial strategy for hotels and accommodation providers for success. On one side, you have OTAs (online travel agents) that are vital distribution partners to liquidate unsold inventory and put heads in beds. This dominance comes at a cost.
A Hotel Channel Manager plays a key role in streamlining online distribution. It serves as a centralized control hub, enabling hoteliers to effortlessly manage and optimize their room inventory, rates, and availability across various online booking channels. There are many channel managers on the market.
The advent of Online Travel Agencies (OTAs) has revolutionized the hospitality sector. To be very precise, it has shaped the way guests book their accommodations at hotels. This is the primary reason why as a hotelier, you should know how to select the right OTAs for your hotel. Why should you partner with OTAs?
STAAH and OTA Insight customers will now be able to access and visualise OTA Insight’s data directly in STAAH solutions for streamlined decision-making. STAAH and OTA Insight customers will now be able to access and visualise OTA Insight’s data directly in STAAH solutions for streamlined decision-making.
The most significant inflection point in recent history was the rise of online travel agencies (OTAs). The advent of the Internet revolutionized how travelers booked accommodations, shifting power away from hotels and dramatically increasing customer acquisition costs.
And there’s no hiding that Online Travel Agents (OTAs) are a major source for optimizing their online booking flow. It is observed that OTAs control approximately 2/3rd of all online bookings. But hoteliers often get muddled among various OTA platforms and miss out on the best ones. Top 10 OTAs to Drive Maximum Bookings.
When it comes to planning a trip, choosing the right online travel agency (OTA) can make all the difference. In this blog, we’ll explore the top US-based OTAs of the year, helping you make an informed choice for your next adventure. Airbnb For a unique twist on travel accommodations, Airbnb remains a standout choice.
As technology continues to evolve, so do the strategies and innovations within revenue management. Let’s delve into some of the key trends shaping the future of revenue management in the hotel industry: 1.
A quick search on the internet yields a wide range of definitions for ‘revenue management’. Some of these take a theoretical, almost academic approach and, in several instances, there are iterations of revenue management’s classic definition: ‘selling the right room, to the right guest, at the right time, for the right price’.
Cloudbeds’ 2023 data finds that OTAs are back and stronger than ever. The annual report dives into the evolving landscape of Online Travel Agencies (OTAs), offering lodging businesses strategic insights to enhance their distribution strategies and maximize revenue in a dynamic travel market.
Listing your short-term rentals on Online Travel Agencies (OTAs) can amplify your visibility and attract potential guests, a phenomenon known as the Billboard Effect. As customers come to OTAs with specific desires, it’s crucial for hosts to meet and even exceed the expectations of prospective guests.
In the ever-evolving hospitality industry, staying competitive demands more than just offering great accommodations and service. One of the most powerful tools in their arsenal is a robust Revenue Management Solution (RMS). Look for a solution that is scalable and flexible enough to accommodate the evolving needs of your business.
What is hotel revenue management? Hotel revenue management is the strategic distribution and pricing tactics used to sell perishable room inventory to the right guests at the right time in order to boost revenue growth. What is the primary purpose of revenue management? Why is revenue management important for the hotel industry?
Hospitality management platform Cloudbeds has revealed rankings of the highest revenue-generating Online Travel Agencies (OTAs) worldwide, as well as by various countries and regions, with Booking.com coming out on top. The post Cloudbeds: Booking.com top revenue-generating OTA for indies appeared first on hotelbusiness.com.
The global distribution system (GDS) continues to perform for independent accommodation providers with reservations up 34.5% on 2019 pre-pandemic levels, according to the Independent Accommodation Insights Report from HotelREZ Hotels & Resorts. in the past year and up 4.2% vs. a decade ago (2014). vs. a decade ago (2014).
With every passing year, revenue management is playing a more central role at hotels as they navigate a landscape now locked in a permanent state of change. Particularly in recent years, when hotels have at times been forced to confront a reality without cash flow, revenue management has been thrust to the forefront of every hotelier’s mind.
STAAHs list of top distribution channels is based on hotel reservations that have passed through its channel manager network of 500+ integrations across the world. Wielding unmatched reach and budgets, OTAs continue to dominate by influencing every stage of trip planning and booking. Vietnam is among the newest markets STAAH entered.
Sydney-born Public Hospitality Group is perhaps best known for its thriving network of pubs and bars, which includes the likes of The Norfolk Hotel and Maybe Sammy, but over the last 12 months, the business has been investing heavily in its accommodation offering, giving rise to a growing portfolio of boutique lifestyle hotels. “It
The strategic adoption of channel management technology has become essential for hotels to remain visible to modern travelers. Having a user-friendly website that showcases the accommodations, amenities, and perks can create a compelling narrative. It provides them with insights into the experience they can expect during their stay.
STAAHs list of top distribution channels is based on hotel reservations that have passed through its channel manager network of 500+ integrations across the world. OTAs continue to dominate and influence every stage of trip planning and booking thanks to their unmatched reach and budgets. Adam continues.
The vibrant city hotel’s revenue strategy, driven by STAAH’s OTA connections, resulted in a remarkable 300% year-on-year increase in direct bookings since the transition. Its unique blend of comfort accommodation and a stimulating atmosphere makes it a preferred choice for both business and leisure guests.
Booking.com, Agoda and Expedia are the most popular OTAs in the region. Travellers showed a strong preference to book directly with hotels in 2023, despite OTAs regaining ground. STAAH SwiftBook maintaining its ranking at number two reflects this trend,” says Sarah Jones, Business Development Manager UK/Europe – STAAH.
With the majority of travelers turning to online platforms to research, compare, and book accommodations, a robust online distribution strategy becomes indispensable. Many channel managers, like STAAH MAX , are cloud-based and integrate with a property management system for easy booking.
When it comes to the future of online travel agencies (OTAs) and their role in the hospitality industry, there are a few key trends and factors to consider. In this post, let us focus on the reasons that will point toward the predictions and trends that have impacted OTAs.
To further strengthen its domestic footprint and expand global reach, the luxury estate has partnered with STAAH to help seamlessly list and manage its inventory across booking channels through the Max Channel Manager which integrates with over 250+ online travel agents (OTAs) globally.
Wielding unmatched reach and budgets, these mega OTAs continue to influence every stage of trip planning and booking.Expedia and Airbnb continue to feature on the top 10 distribution channel list based on bookings via STAAHs expansive 500+ integrations.
The connection enables STAAH channel manager customers to seamlessly update their inventory and room rates in real-time to the Tamarind Global booking portal. Founded in 2006, Tamarind Global is a destination and event management company that has been providing highly customized travel services to both B2B and B2C segments across the globe.
The more intuitive and easier your booking process is, the easier it will be for hotels to compete with online travel agents (OTAs) for direct bookings. Ability to offer guests offers, demand-led rates ( dynamic pricing ) and comparing rates with OTAs. Using the concept of pooled inventory to drive optimisation.
An easy transition to hotel management software Opening a new hotel with no hospitality management experience meant that David and Arielle were desperate for a user-friendly, efficient and affordable system. An extremely easy to use system, Arielle and David can create, update and manage their own website with a couple clicks.
Booking.com, Agoda and regional OTAs maintain stronghold. Regional OTAs, Trip.com and tiket.com gained one spot each to number five and eight respectively. Regional OTAs, Trip.com, Traveloka and tiket.com maintained or gained on rankings in the top 10 list. Big jump in direct bookings via STAAH SwiftBook, GDS makes a comeback.
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. A Hotel Channel Manager is an essential tool that not only helps manage multiple channels but also provides valuable data for informed distribution decisions.
Accommodation providers can navigate these by leveraging online bookings and digital marketing strategies. Here’s a comprehensive guide to help accommodation providers optimize their efforts and maintain steady occupancy rates during economic downturns.
Cloudbeds’ 2023 data finds that OTAs are back and stronger than ever. The annual report dives into the evolving landscape of Online Travel Agencies (OTAs), offering lodging businesses strategic insights to enhance their distribution strategies and maximize revenue in a dynamic travel market.
For growing hospitality businesses, a channel manager is a fundamental part of successful revenue management and distribution strategy. In this guide for hospitality professionals, you’ll learn all about Channel Managers, from how they work to what makes great software for your business specifically. What is a channel manager?
It’s hard to imagine revenue management before the advent of hotel software and systems. Thanks to these solutions, today’s revenue manager can produce forecasts, distribute inventory and adjust rates with speed – a stark contrast to the manual and long drawn-out processes that defined the practice in the past.
STAAH s list of top distribution channels is based on hotel reservations that have passed through its channel manager network of 500+ integrations across the world. The data also reveals OTA dominance and influence at every stage of trip planning and booking thanks to their unmatched reach and budgets.
We have written extensively about hotel revenue management strategies and tactics here throughout the years. As strategy is one of the most essential parts of revenue management, we have made a summary of all the top advice from our perspective as a hotel revenue management consulting company.
Technology plays a pivotal role in shaping the way hotels and accommodations operate and connect with their guests. About STAAH STAAH is a New Zealand-based technology company that specialises in cloud-based channel management and booking engine for accommodation providers helping them maximise their online revenue.
Booking.com and Expedia are the most popular OTAs in the region. Travellers showed a strong preference to book directly with hotels in 2023, despite OTAs regaining ground. Direct bookings via STAAH SwiftBook also in top 3. Booking.com retained the top spot across the region as the most popular online booking platform.
Channel automation and integration to manage different bookings Since the beginning of its activity, SoloQui B&B has focused on the online presence, thus being available on several OTAs. As we manage 70% of bookings via external channels, we needed a tool that optimises the flow of bookings and channel management.
At a glance: What is Hotel Inventory Management? Managing your hotel’s inventory efficiently can significantly impact your bottom line, guest satisfaction and overall operational effectiveness. Firstly, What is Hotel Inventory Management? These are managed as inventory and must be scheduled and priced accordingly.
Learn about the symbiotic relationship of revenue management & metasearch Hotel metasearch channels have revolutionized the way travelers search, compare and book their accommodations. It’s become an essential part of the direct booking toolkit to fight against OTA commissions.
Travellers showed a continued openness to book directly with hotels in 2023, despite OTAs regaining ground. According to the STAAH data, representing 19,000+ properties across 90 countries and 350+ integrations, accommodation providers across the board show holistic commerce strategy aimed to attract the right guest, at the right time. “New
In the highly competitive hotel market, automated pricing systems have involuntarily joined forces with the OTAs to drive down the price, leading to the commoditization of overnight accommodation.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content