Hospitality Net

MAY 24, 2023

OTA Insight, the global leader in cloud-based hospitality business intelligence, today announced the expansion of its business intelligence (BI) product suite with the launch of Spider in the Europe, Middle East and Africa markets.

OTA 187

OTA Business Revenue Management Revenue 187

Skift Blog

APRIL 9, 2024

Expedia Group recently unveiled new data highlighting how its advertising tools enhance visibility for travel partners on their sites and can augment partner revenue during popular cultural events. Skift Take: If you’re heading to the latest stop on Taylor Swift’s Eras Tour, you will likely need to book a flight and hotel.

Events 299

Events Revenue Travel Market 299

Hospitality Net

JUNE 12, 2023

In this week’s episode of the Hotel Moment podcast, Karen Stephens, Revinate’s CRO, speaks to Sunish Sadasivan, Vice President of E-Commerce & Revenue Management at Chroma Hospitality, as he shares the story of how their hotel reduced their reliance on OTAs for a period of time.

OTA 185

OTA Revenue Management Revenue Management 185

Hospitality Net

OCTOBER 27, 2024

Hotelchamp announces the launch of their innovative Booking Engine—the fourth product in a suite of direct conversion tools designed to help hoteliers drive traffic, improve the experience on their websites and drive direct revenue.

OTA 245

OTA Revenue 245

Hospitality Net

JUNE 9, 2024

The core revenue stream for every hotel brand will always be heads in beds. With the OTAs, metasearch, short-term rentals and a litany of other travel resources, guests have near-endless optionality for accommodations.

Revenue 189

Revenue OTA Accommodation Branding 189

Hospitality Net

JUNE 23, 2023

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. Metasearch engines like Google dominate the online travel market.

Revenue 237

Revenue OTA Market Marketing 237

Hospitality Net

DECEMBER 20, 2023

SAN DIEGO, December 20, 2023 — Cloudbeds, the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, today announced the release of its highly anticipated ’Big Book of OTAs: A Hotelier’s Guide to Top Distribution Channels’ for 2023.

OTA 130

OTA Travel Hospitality Management Revenue 130

Hospitality Net

SEPTEMBER 12, 2024

Today’s guests demand instant availability and pricing, whether on Google, Online Travel Agents (OTAs) like Expedia, or your independent hotel’s own website. What’s more, inaccurate or out-of-date information on even one booking platform can lead to lost revenue and administrative headaches.

OTA 246

OTA Management Revenue Travel 246

Hospitality Net

JANUARY 8, 2024

The intricate task of preserving rate parity is further compounded by the diverse array of online travel agencies (OTAs) and alternative distribution channels. Hotels must grapple with the formidable challenge of the perpetual ebb and flow of room rates.

OTA 197

OTA Revenue Marketing Market 197

Hotel News Resource

JUNE 20, 2023

Article - OTA Insight Announces Benchmark Insight, Launching a New Era of Performance Benchmarking for Hotel Revenue Managers - New offering is a powerful solution built to deliver competitive insights and shape strategic actions

Revenue Management 96

Revenue Management OTA Revenue Management 96

STAAH

JUNE 11, 2024

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. There are some distinct advantages of partnering with OTAs.

OTA 99

OTA Shopping Occupancy Overbooking 99

Webrezpro

JUNE 9, 2023

Online travel agencies (OTAs) like Expedia and Booking.com can bring a significant proportion of revenue to a lodging business, but they also demand high commission fees. Ultimately, the relationship should be determined by the ROI generated from your OTA channels. Do you love ’em or hate ’em?

OTA 91

OTA ROI Revenue Business 91

Hotelogix

DECEMBER 7, 2023

The advent of Online Travel Agencies (OTAs) has revolutionized the hospitality sector. This is the primary reason why as a hotelier, you should know how to select the right OTAs for your hotel. This is the primary reason why as a hotelier, you should know how to select the right OTAs for your hotel.

OTA 107

OTA Overbooking ROI Hotels 107

Hospitality Net

JUNE 20, 2024

Lighthouse (formerly OTA Insight), the leading commercial platform for the travel & hospitality industry, today announced the acquisition of Berlin-based HQ revenue.

Revenue 113

Revenue OTA Hospitality Travel 113

Hospitality Net

JUNE 26, 2023

We take a look at what makes the Australian tourism sector so unique, and how online travel agencies (OTAs) do their part to help support local hospitality entrepreneurs big and small. A land down under Australia occupies a special place in the hearts and minds of travelers.

Hospitality 245

Hospitality Tourism OTA Travel 245

Hospitality Net

APRIL 13, 2023

OTAs show “breakfast included” as a primary search filter for hotel guests. In this ebook, you’ll see how thinking of breakfast as a profit center – setting, food, service, environment – impacts your hotel’s brand reputation and revenue management methodology. Did you know? One of these is their breakfast preferences. What does “.

Services 244

Services OTA Revenue Management Hotels 244

Hospitality Net

JUNE 20, 2023

OTA Insight, the global leader in cloud-based business intelligence, today announced Benchmark Insight, which will be available as a free beta solution globally.

OTA 100

OTA Revenue Management Market Share Revenue 100

Revinate

SEPTEMBER 21, 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. The post How to use hotel data to drive revenue appeared first on Revinate.

Revenue 105

Revenue Market Share OTA Hotels 105

STAAH

APRIL 11, 2023

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. OTA Insight’s team of international experts supports more than 60,000 properties in 185 countries.

OTA 95

OTA Shopping Market Marketing 95

Lodging

FEBRUARY 15, 2024

BRUGES, Belgium—Stardekk announced it has joined Lighthouse (formerly OTA Insight), which represents an advancement in both firms’ commitment to providing hospitality commercial teams with a platform to drive revenue growth. Fortino Capital, a European B2B software investor, has been the growth equity partner of Stardekk since 2020.

OTA 162

OTA B2B Revenue Management 162

SiteMinder

JULY 13, 2024

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? Revenue management is essential for any hotel today.

Revenue Management 98

Revenue Management Revenue Management OTA 98

eHotelier

DECEMBER 1, 2022

Many hoteliers don’t fully understand the importance of pre-authorizations in their overall revenue management strategy, here's what you need to know.

OTA 116

OTA Revenue Management Revenue Management 116

Hotel Speak

FEBRUARY 1, 2024

The annual Duetto Revenue Management Trends & Predictions Survey results are in! There was also continued investment in technology, This year, we take a closer look at how that group business might be revenue optimized, as well as identify the channel management tactics hotels are planning to invest effort in for 2024.

Revenue Management 99

Revenue Management Revenue Management Forecasting 99

TravelNet

AUGUST 3, 2023

Managing fees on online travel agencies (OTAs) can be a real headache for property managers. According to a new Forbes report, Airbnb customers in summer 2023 face a whopping average of 36% in added charges above the nightly rate, and the same is probably true for other OTAs. This increases your ranking on OTAs. More info here.

OTA 98

OTA Management Occupancy Services 98

STAAH

APRIL 23, 2024

In today’s fast-paced hospitality landscape, staying ahead of the curve is paramount for maximizing revenue potential. As technology continues to evolve, so do the strategies and innovations within revenue management.

Revenue Management 101

Revenue Management Revenue Ancillary Revenue Management 101

Demand Calendar

NOVEMBER 4, 2024

The most significant inflection point in recent history was the rise of online travel agencies (OTAs). Many in the hotel industry underestimated this change, leading to a reliance on OTAs that continues to impact profitability and customer relationships today.

OTA 89

OTA Hospitality Accommodation Business 89

STAAH

NOVEMBER 5, 2024

Hotel gift vouchers are a formidable strategy to amplify revenue streams and grow guest loyalty. Unlike any other monetary gift card, they can be tied into particular hotel services, enhancing revenue streams. Additional revenue stream, with the money clipped in even before the service is rendered. Gift vouchers are versatile.

Revenue 95

Revenue Services OTA Occupancy 95

SiteMinder

APRIL 25, 2024

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.

Revenue Management 111

Revenue Management Revenue Management Hotels 111

Revinate

SEPTEMBER 13, 2023

Customer stories How Northview Hotel Group drove $40M in direct revenue with Revinate HOTEL TYPE: Group SOLUTIONS USED: Reservation Sales, Revinate Marketing, Revinate Guest Feedback, RezForce REGION: North America Goal Drive direct bookings to compete with OTAs. Strategy [.]

Revenue 93

Revenue OTA Sales Hotels 93

Hotel Speak

MAY 30, 2024

The hospitality and travel industry is experiencing a spending surge, with online travel agencies (OTAs) like Expedia Group, Booking Holdings, Airbnb, and Trip.com Group collectively spending a record $4.08 However, Airbnb’s marketing spend as a percentage of revenue (24%) has dipped slightly compared to the previous year.

OTA 78

OTA Market Marketing Travel 78

Skift Blog

MAY 23, 2024

Skift Take: Introducing “The Data Snap,” a monthly article series that will paint a clearer picture of the dynamic hotel booking landscape, empowering hotels and agencies to make data-driven decisions that help them build productive partner relationships and drive more revenue. Onyx CenterSource Read the Complete Story On Skift

Revenue 298

Revenue Hotels OTA Travel 298

Little Hotelier

OCTOBER 17, 2023

What is hotel revenue? Hotel revenue is the income your business earns from selling rooms or other products and services to guests. While revenue is mostly generated from selling your rooms, you can also collect revenue from your amenities such as a bar, restaurant, gym, or spa.

Revenue 100

Revenue Hotels OTA Ancillary Revenue 100

Hotel Speak

JANUARY 25, 2024

The battle for direct bookings has entered a new phase as online travel agents (OTAs) ramp up efforts to establish ownership of hotel guests and their booking journeys, a new report from hospitality technology specialist SHR Group reveals. A knock-on effect of this is that the revenues associated with organic search have fallen 15.3%

OTA 91

OTA Cost Per Click Hotels Cancellation 91

Hospitality Net

OCTOBER 7, 2024

It means more revenue, less commission paid to online travel agencies (OTAs), better access to guest data and – all going well – longer lasting relationships with guests. The value of driving direct bookings is obvious.

OTA 130

OTA Revenue Travel Hotels 130

STAAH

MARCH 19, 2023

Royale Paragon Hospitality Group needed a technology solution that will reduce distribution administration and increase revenue. Unlocking convenience The biggest win with STAAH for the Royale Paragon Hospitality Group was the convenience of managing rates and availability for multiple properties across multiple OTAs from one dashboard.

Revenue 97

Revenue Market Marketing Hospitality 97

SiteMinder

JUNE 6, 2024

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’.

Revenue Management 98

Revenue Management Revenue Management Accommodation 98

Hotel Speak

AUGUST 13, 2024

A robust sales distribution strategy is indispensable for hotels striving to maximise revenue and drive direct bookings. OTAs can drive booking volume, albeit at a high cost of acquisition (which can range from 15 – 30% commission), or hotels can maximise revenue by working with select niche partners to drive quality reservations.

Revenue 82

Revenue Sales OTA Average Daily Rate 82