Supranational Hotels Conference 2013
This year’s edition of Supranational Hotels Conference took place at County Hall Park Plaza, London last week. The event meant exclusively for Supranational members offers them the opportunity to network with peers and leading industry figures, participate in seminars on key industry topics and conduct one-to-one meetings with invited consortia and corporate clients.
Chaired by its Managing Director, Cho Wong, the conference witnessed interesting discussions on various topics including Total Revenue Management, Outlook on Corporate Travel, Reputation Management and Corporate RFP.
Michael McCartan, CEO, eRevMax, one of the speakers at the conference, took the opportunity to announce RateTiger’s selection as the preferred supplier and Channel Manager of Choice by Supranational Hotels.
He presented on The Distribution Landscape in 2013 – outlining the impact online travel has on total hotel bookings. Today, one in six travelers prefer to book online. They visit between 17 – 20 websites and check reviews before finalizing accommodation. Hotels need to ensure they are visible at every important touch point to get customer’s attention. However given the wide variety of channels it is difficult for them to identify the best demand generators from among the ever expanding channel universe.
Further, more channels mean more updates. The only way out is leveraging technology to automate distribution and avoid getting tangled in the channel-web. By utilizing a smart channel manager, hotels can collect and access the multitude of data in their systems to analyze rates, market pricing trends, competitor selling activities, historical and trend information to achieve the best possible room rates from the most desired guests.
Michael shared suggestions and examples on how to drive direct online bookings and how hotels can optimize product value through innovative room packages, new promotions and better positioning across different online distribution channels. The idea was to help hotels deal with the distribution challenge efficiently!
The conference was followed by interactive sessions where I got a chance to speak to member hotels about managing distribution and optimizing revenue strategy through RateTiger solutions.
Cristina Blaj is Sales Manager – UK, Ireland and Scandinavia at eRevMax and has gained extensive experience in the hospitality industry. She is based out of London and can be reached at cristinab@erevmax.com
German luxury hotel chain selects eRevMax for optimizing online revenue
Read the full story here.
Supranational Hotels Selects eRevMax as Preferred Supplier
Cho Wong, Managing Director of Supranational Hotels, said: “This agreement is based on recognising the RateTiger Channel Manager and Rate Shopper products are amongst the best available in the market for hoteliers who want to retain control of their rates and availability being marketed and sold through various booking channels Wong said the products were ideal for hoteliers who want to retain control of rates and availability being both marketed and sold through various booking channels.”
Read the full story here.
HotelTravel.com Connects to eRevMax Channel Ecosystem
The company underwent a two-way XML interface certification. This will provide HotelTravel.com direct connection to the leading hotel PMS and CRS, thereby enhancing its product proposition to potential hotel clients.
Newshound: Changing hotel online booking, How to tackle same-day booking market, Brands & OTAs mending relationship
How will online hotel booking change in the near future?
In recent years, supplier sites have gained at the expense of OTAs. Hotels want to drive bookings to their own channels because the payouts to online agents for hotel bookings are huge. To be sure, commissions seem to be declining lately. I used to see major chains paying out commissions in high 20% ranges, while more recently such high payouts seem to apply mostly to independent hotels. The savvier big chains like Marriott, depending on the online channel, may have negotiated down the payouts to the high teens.
http://www.tnooz.com/2013/05/23/news/how-will-online-hotel-booking-change-in-the-near-future/#dqApEQ1SIyQGSugH.99
Addressing the 3 Cs of same-day bookings: Control, cannibalisation, commissions
With the recent surge worldwide of same day booking apps, hotel chains know they need to get on board but there are significant challenges to overcome in the same-day booking market – to avoid cannibalisation, to avoid paying high commission on already discounted rates and not relinquish control of how their last minute inventory is sold and promoted via third parties. Let’s take a look at how hotel chains can address the 3 C’s when considering how to tackle the same-day booking market.
http://www.webintravel.com//blog/addressing-the-3-cs-of-sameday-bookings-control-cannibalisation-commissions_3799
Connect to your hotel guests – directly!
Travel brands have a huge opportunity to circumvent the OTAs and connect directly with consumers searching for their products and services through paid, earned, and owned media strategies. Many travel brands are missing basic SEO strategies that would help them compete with OTAs.
http://www.hotelmarketing.com/index.php/content/article/more_on_how_travel_brands_can_connect_directly_with_consumers_online/
Brands, OTAs mending relationship
Although large-scale hotel brands have denounced online travel agencies in recent years, instead focusing their efforts on driving travelers directly to their own websites, there seems to be a shift in attitude of late. Hotel brand executives are beginning to embrace OTAs again, even calling them partners, as companies such as Expedia and Priceline work through complex negotiations with many of the major brands.
http://www.hotelnewsnow.com/articles.aspx/10542/Brands-OTAs-mending-relationship?utm_source=feedly
Cityzenbooking certified for eRevMax Channel Eco-System for seamless connectivity
Cityzenbooking, a leading online sales channel dedicated to serviced apartments, has become an eRevMax certified channel following the creation of a two-way XML interface.
The enhanced connectivity will help serviced-apartment providers update inventory availability and room rates in real-time. Through this integration Cityzenbooking has become a Certified channel within the eRevMax Channel Eco-System to deliver properties better and more sophisticated channel connections for room revenue and distribution strategies.
Read the full story here.
LifeClass Hotels doubles direct booking with RateTiger
Slovenia-based LifeClass Hotels has successfully utilized the Billboard Effect to increase direct bookings by over 100% with the help of RateTiger, the integrated channel manager, pricing data and guest review monitoring tool.
To read the full story, click here.
Newshound: Leonardo continues with RateTiger, Bookings through Multi-channel management, More on Review Express & Hotel price-fixing lawsuit
Leonardo Hotels extends contract with RateTiger for future-proof eDistribution and company expansion
Leonardo Hotels is extending its contract with RateTiger by eRevMax to support the development of the company’s sales and distribution processes. This follows Leonardo Hotels‘ acquisition of 20 properties from the QMH Hotel Germany Group, in one of the biggest deals the European hotel industry has seen in recent years.
http://www.hospitalitynet.org/news/4060480.html
Qatar GM Debate 2013
Hotelier Middle East conducted the third annual Qatar GM Debate that took place in April at the Grand Hyatt Doha. The team managed to get an impressive lineup of top industry speakers to discuss current happenings in the market including the concern over influx of new rooms in a market already struggling with low demand.
The first session from TRI Consulting focused on exclusive market data from their latest research which brought forth the raw numbers that will be shaping Qatar’s hospitality industry through to 2014. The hard facts and figures set the tone for the rest of the event and it led to very focused and meaningful discussions between speakers and attendees.
The interactive workshops offered significant insights on Delivering Ancillary Revenue and Best Practices of Revenue Management. The panel discussions covered a wide range of topics including how to deliver value through innovative product packages without discounting and leveraging potential of hotel F&B outlets.
Our workshop on Revenue Management & Online Distribution focused on how hoteliers can optimize online bookings. One in six travelers in Middle East today prefers to book online. They visit over 17 websites and check reviews before finalizing accommodation. With the range of choices they get across these channels, it makes it even more important for hoteliers to be visible at every touch point to capture customer’s interest.
However, more channels mean more updates. The respite comes in the form of automated distribution system – a channel manager helps hotels to collect and access the multitude of data in their systems to analyze rates, market pricing trends, competitor selling activities, historical and trend information to achieve the best possible room rates from the most desired guests.
We explained the case of Dedeman Istanbul in Turkey. One of the early users of internet sales channels, they wanted to use a system that would make online channel management easier and also allow access to regular rate reports to see how other hotels were pricing rooms and managing roomtypes and packages. Two years ago, they had installed our rate shopping and channel management tool in their property. The results were immediate and long lasting. Dedeman has since increased revenues by over 20%.
The presentation was interspersed with suggestions and ideas on how to drive direct online bookings and through examples we tried explaining how hotels can optimize product value across online distribution channels.
Another important aspect is the direct competition that the region faces with Dubai – which attracts a major chunk of foreign tourists. Qatar needs to develop an effective tourism campaign to gain more traction and attract the eye of travelers. This is where the role of online distribution comes in – Qatar hoteliers need to leverage the opportunities presented through the internet to reach out far and wide to newer markets and grow its market share – slowly but surely.
With over 220 hotel GMs in attendance, the event was well received and the venue buzzed with lively discussions and animated chatter. The Qatar GM Debate was a not-to-be-missed event, and a great opportunity for everyone to come together to discuss issues that really matter to the industry.
Hisham Diab is Sales Manager – South Africa at eRevMax and has extensive experience in the hospitality industry – having worked with brands like Golden Tulip, Starwood Hotels and Emaar Hospitality Group. He can be reached at hishamd@erevmax.com