In five minutes or less, keep track of the most important news of the week, curated just for you. We present to you hand – picked news on latest industry perspectives and some general updates. Read on!!
eRevMax provides connectivity for upscale Ghana property
The Royal Senchi Hotel and Resort, an upscale property in Ghana has recommended eRevMax distribution solutions for improving online sales. The property has been using RateTiger channel manager, powered by LiveOS, for effective online distribution and improving booking revenue.
US hotel brand loyalty reaches an all-time high in 2019
Throughout 2019, total US loyalty contribution increased 7.6% to 56.2%, a jump of 8.3 percentage points or 17.3% since the top hotel brands launched aggressive book-direct campaigns in 2016.
STR: Hotels closer to major transit hubs reach rate premiums
Hotel performance relates inversely to a property’s distance to a transit station in the top 25 U.S. markets. As the distance to the station grows, hotel performance generally declines, although occupancy and ADR behave differently within that context.
http://www.hotelnewsnow.com/Articles/300234/Hotels-closer-to-major-transit-hubs-reach-rate-premiums
Google’s vacation rentals under fire in Europe
The 40 companies and trade bodies in nine EU countries, Switzerland and the United States, which include eDreams Odigeo, Expedia and Tripadvisor, laid out the case against Google in a letter to EU Competition Commissioner Margrethe Vestager.
https://www.nytimes.com/reuters/2020/02/10/technology/10reuters-eu-alphabet-antitrust.html
Keep an eye out for these 5 business travel trends in 2020 and beyond
Global business travel spending is expected to reach over $1.7 trillion by 2020, according to the Global Business Travel Association.
https://www.phocuswire.com/Business-travel-trends-2020-and-beyond
As coronavirus concerns mount, hotels can count on automated revenue technology to help defend against unhealthy business conditions
The world’s most populous country has severely restricted outbound travel, and the global hospitality industry has braced for impact. As the coronavirus nears pandemic proportions and Chinese tourism takes an indefinite hiatus, hotels across the APAC region have already reported falling demand
https://ideas.com/coronavirus-travel-revenue-management/
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