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2009 NBTA International Convention & Exposition

San Diego recently witnessed the very successful NBTA International Convention & Exposition organized by National Business Travel Association (NBTA). It turned out to be a very busy event where I met many old friends from the industry, which is not a surprise given that over 5,600 travel professionals attended the 4-day event (August 23 -26, 2009) at the San Diego Convention Center.

The setting was spectacular as the convention center was situated right on the waterfront. The attendees were a blend of airlines, hotels, software providers, OTAs and travel company representatives.

The discussions mainly revolved around how to survive the current economic scenario. There were over 65 educational sessions where industry experts from the corporate travel community discussed business travel growth in today’s volatile economy and shifting corporate culture. It was a very intense and active convention with a blend of all the components of the travel experience.

With more than 400 exhibitors and 1240 travel buyers, it was a good milieu of people. A big advantage from RateTiger’s perspective was the opportunity to meet up with independent hotel groups face to face. The added access to the OTAs was a huge plus which helped develop rapport with them for future business relationship.

I would conclude by saying that the NBTA Convention is rightly known as the Business Travel Event of the Year. It has lived up to its reputation and is one of the few successful travel events in recent times.

Phil Stiles is the Vice President of Sales at RateTiger. He manages RateTiger’s sales and support operations in North, Central and South America regions and has facilitated the expansion of the RateTiger brand in the US market leading to increased business opportunities. Phil is based in RateTiger’s Florida office and travels to the European and Indian offices when work demands. Being a new business specialist, he attends various travel trade shows throughout the year to keep himself abreast of latest developments.

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Venice hotel error is an eye opener for hotels

The €0.01 per room incident experienced by the Crowne Plaza is a pure example of how human errors can have a major impact on revenue. With the employment of a channel management system the revenue manager would have been able to ensure all rates were accurate across all channels before making the relevant updates.

Systems like ours allow hotels to set a minimum rate per hotel room to ensure typing errors are detected. As the online market place evolves, hoteliers are struggling to keep up, remain agile and control rates. This human error has occurred many times before and without utilising technology to simplify inventory and rate distribution, it is very likely to occur more frequently across the world as the number of channels that need attention increases.

Hoteliers really need to think sensibly during these times, to ensure revenues are optimized. Making mistakes like this will not only have an impact for the hotel itself but will also send the economy into further disarray.

Sascha Hausmann is the COO at RateTiger. He is a specialist in online distribution systems in Europe and the US and is looked upon as a trusted advisor. Sascha handles international operations and strategic alliances for RateTiger and speaks at various events. He is based in Germany, and also spends time across eRevMax’s international offices, mainly in America and the UK.

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HTNG 2009 Asia-Pacific Members’ Meeting & Conference

I recently went to Singapore to attend HTNG’s Second Annual Asia-Pacific Members’ Meeting & Conference. It took place from 13-15 July 2009 at the luxurious Ritz-Carlton – I was on the 22nd floor and enjoyed every minute of my stay, relishing the overwhelming view of the Marina Bay.

The HTNG member meetings are generally great and it was no different this year. It brought together key industry executives and eminent speakers who talked about thought leadership and HTNG workgroup progress reports.

It was an excellent platform to interact with like minded people ready to adapt to new technology. I met quite a few IT heads and GMs from various hotels and chains.

There was an interesting session on Hotel IT spending in the current scenario with panelists being CIOs of various hotels. It was good to get first-hand knowledge on what their priorities are currently.

The conference had an ideal mix of hoteliers and technology providers with around 150 people attending the event. As per the agenda, latest updates of the activities of various workgroups including In-room solution, Architecture and Property/Distribution Solutions, were shared with us.

The key take-away was the details of new technology and upcoming trends received from the core teams of different workgroups. Data security, green room technology and role of social media were the hot topics; other topics included technology updates on revenue management, online distribution and related areas.

I feel it was an event worth attending as it provided excellent rapport building opportunities and first-hand information on how the industry is faring. These kind of events give that realistic feel and allow you to compare between analysts forecasts and actual scenario, and accordingly decide your next move forward.

Udai Singh Solanki is the CIO at RateTiger where he steers the development team, oversees organizational process and IT strategy. He also looks into Information Security and Management. Udai is passionate about innovation and keeps himself abreast on latest happenings by attending events and tradeshows. He is based in eRevMax’s technical development centre in Kolkata, India.

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HSMAI Revenue Manager’s Luncheon

The Central Florida chapter of HSMAI organizes quarterly Luncheons for its members to meet and discuss the latest happenings in the field of revenue management over a hearty meal. On June 19, 2009 they hosted the Revenue Manager’s Luncheon at the Regal Sun Resort in Orlando.

The topic for the luncheon was “Market Conditions, Strategies, and New Technologies in Challenging times”.

Phil Stiles, Vice President of Sales, RateTiger, Daryl Cronk, Director of Research, Orlando/Orange County Conventions & Visitor’s Bureau and Debbie Morris, Founder and owner, Web Resource Management were invited for a panel discussion on the subject.

Phil describes his experience of the event, “The event was very productive as it allowed focused discussion on the ground realities of the hotel and travel market, specifically in Orlando. It was well attended and the presence of over 55 members, including Expedia and Travelocity signifies how relevant these sessions are to the industry.”

“HSMAI’s luncheon events are popular due to the fact that it allows meaningful networking with focused group of people and all involved benefit out of the process. RateTiger sponsored this event and I have to say it was worth it,’ concludes Phil.

RateTiger US Sales Manager Siobhain McArdle did a brief presentation on RateTiger products which was very well received by the attendees. Various queries came in after the event indicating how hoteliers are looking at technology more than ever to tide over the current scenario.

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BHA Annual Luncheon 2009

The famed BHA Annual Luncheon is getting bigger and better. This year’s gathering took place at Grosvenor House, London on June 24, 2009. The Mayor of London, Boris Johnson was invited as the guest of honor to share his views on tourism.

RateTiger’s Director of Sales Keith Povah and Sr. Sales Manager Sunaina Jagtiani attended the event with some prospective and current clients.

“The champagne reception provided great networking opportunities and an ideal platform for members to interact with some key industry people to understand their take on the current market scenario and get an insight on how they are mapping their road ahead,” said Keith Povah.

BHA Chief Executive Bob Cotton officially opened the event, attended by over 600 people, stressing the significant role that tourism and hospitality industry plays in the UK’s economy. He mentioned how the industry helps create jobs and brings revenue thereby assisting in the revival of the economy.

Before inviting Boris Johnson to address the audience, Bob stressed on the importance of the Government’s role in providing the right kind of environment and encouragement for the industry to operate successfully and grow.

Sunaina really enjoyed the Mayor’s speech and says, “Boris delivered a great speech focusing on current economic trends and its impact on tourism. He applauded the hospitality industry for the immense effort it has put in coping with the market and mentioned how despite the prevailing conditions, there are more hotels opening in London. He also touched upon the plans for 2012 London Olympics and urged greater investments in hospitality sector to ensure that London maximizes the benefits coming its way through this mega sporting event.”

Keith and Sunaina hosted some of the key hospitality members including Marketing magazine’s Travel & Tourism Specialist Alex Brownsell, Len Louis from Classic British, Paul Kay from Greene King Hotels, Stuart Bailey from Splendid Hotel Group, Ghislaine A. Oliver of Hotel Info Ltd., Colette Togus and Darren Kerr from Corus Hotels and Kieran Tobin from Destinations of the World (Europe) Ltd.

The audience represented a good mix of hotels, management companies and travel technology companies. The overall discussion was focused on the current economic trends, however hoteliers highlighted that the scenario was not as bad as they had expected.

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HITEC 2009

Hospitality Industry Technology Exposition & Conference, HITEC, is today considered one of the world’s largest hospitality technology events. It took place from June 22-25, 2009 at the Anaheim Convention Center in California USA. RateTiger was represented by Sascha Hausmann, COO and Phil Stiles, VP of Sales.

As expected the attendance was lower than in previous years by around 35 to 45%. The main theme of the event was partnerships and product launches. Many travel technology companies announced partnerships and integrations to further help the industry offer seamless connectivity and better technologies.

At HITEC we announced our integration partnerships with Trust International and Micros as the travel industry moves towards automated online distribution. Seamless connectivity remains the priority for PMS / CRS companies and channel management is now used to supplement where XML seamless connectivity cannot be established technically or from a ROI perspective for existing key players.

A new addition to this year’s HITEC was the Roundtable session, one of which was hosted by RateTiger. Sascha led a discussion on – ‘Maximizing revenue during turbulent economic times: has seamless connectivity failed?’ He considers Roundtables to be a good concept which encouraged considerable knowledge exchange and he would like to see this becoming a regular feature at HITEC.

The Twitter discussion had the most successful roundtable attendance Digital and social media is what hotels are focusing on to get those ‘more-than-ever important’ travelers’ attention. So gear up people!

RateTiger also hosted a tutorial session on ‘Channel Management and the traditional reservation system’. Phil and Sascha had a good audience who understood the relevance of the topic and requested further information to make better buying decisions.

This year’s event turned out to be more of an exhibitor-meet-exhibitor show than a visitor-meet-exhibitor show. RateTiger did meet with some hoteliers and provided product demonstrations. Their feedback conveyed their trust in our brand and made us aware of the fact that RateTiger is identified as a company which innovates constantly and has relevant new tools to offer, which is what we continually aim for. HITEC rocks!

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Web In Tourism, 2009

Italian magazine Job in Tourism organizes the Web in Tourism conference annually where leading experts from the industry are invited to discuss on the opportunities available in the e-space for the tourism industry. This year’s edition was held on 28 May 2009 in Milan.

RateTiger’s CEO and co-founder Andrew Morsi, being a well known figure in the Italian hospitality circuit, was invited as one of the guest speakers for the conference. The event was attended by over 300 hoteliers including general managers, revenue and sales managers, hotel owners among others.

The principal discussion topics included future of online tourism, importance of digital marketing and communication, reputation management strategies, brand website optimization etc. Mr. Andrew Morsi presented on the topic – ‘The next big evolution in Online Distribution’ which was received well by the audience.

Andrew emphasized the importance of having an online presence, specifically for hotels, as more people are referring to the internet while planning their holidays. People are using the web for user reviews, researching and, best rates etc. Hotels need to be competitive when providing rates and availability across various distribution channels to generate relevant bookings and maximize opportunities.

The event was worth attending and we look forward to future editions of the same.

See photos from the event.

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Choice Hotels Conference, 2009

RateTiger recently attended the Choice Hotels Conference in Prague from 25 – 27 May 2009. The idea of the conference was to address hoteliers working under the Choice brand across Europe, mainly France, Germany and UK.

The conference started with sessions on regional business future development plans. The discussion then went on to cover areas like web development, rate and sales strategies, e-commerce, a guest insight survey (by Medallia), Global Choice Privileges Update, travel Industry Sales, and how these related to European properties.

Stefan Casimir, RateTiger Sales Manager – France attended the three day conference. He shares his views and experience: “After a slow start on the first day, the event gained momentum. Hoteliers were more open to insights about new technology products that can help them solve their rate and selling problems. I presented RateTiger products to some hoteliers and they really liked it.”

“With around 100 hoteliers present at the conference, given the fact that some of these hoteliers had more then one property, it was an event worth attending. Embassy Hotel in Nice, which currently uses RateTiger products also attended the event and were happy to find us there. They mentioned how satisfied they are with our benchmarking solution. This was indeed a good marketing coup for us and was surely very effective.”

“I came across hoteliers who were apprehensive about attending the conference as they thought it was meant only for big hotels. But after attending it, they found that many French hotels with less than 60 rooms were represented there. They were also glad to understand details about RateTiger products which they thought were meant for big hotels and hotel chains. By being present, I could answer their queries and inform them that RateTiger offer customizable products based on client’s needs and is equally affordable for small/independent hotels.”

The conference was successful and surely worth attending.

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Pricing and Distribution Day of the German HSMA, 2009

RateTiger recently attended the Pricing and Distribution Day part of the German HSMA, 4th May 2009. As the name suggests, the event focused on the various strategies related to hotel pricing and distribution in today’s scenario.

Though positioned as a B2B event, it turned out to be more of a knowledge-sharing session. Hoteliers unaware of technological advancements got to know about techniques and tools of managing rates and distribution online.

The mainstay of the day was the continuing crisis and hoteliers’ were keen to find out how to keep their room rates from falling further. In the midst of a fully-fledged price–war, it has become important to keep prices above a minimum level in order to survive.

Revenue Managers from hotels across Germany attended as keynote speakers in different workshops. Around 180 hotels were represented in the gathering, which made it a good forum for hotel technology providers to interact with the specific German hotel market.

We spoke to Ulf Guldi, RateTiger Sales Manager for Germany, on his experience of the event. He says, “It’s good to be there to meet concerned hoteliers and discuss distribution strategies and tools. These focused platforms provide the opportunity to have a direct discussion with the decision maker and show them relevant products. It is a good way of responding to direct concerns and presenting hoteliers with the USP and benefits of your products by matching it to their needs.”

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Weathering the storm with online special offers

Hoteliers should be focusing their efforts on offering competitive deals in order to try to restore tumbling numbers of bookings, says the findings of a study by Filmbank and RBI Insights.

The recession may be hitting hoteliers hard, but by implementing a range of “special offers” to attract customers can help to increase the number of reservations, even during periods of economic uncertainty, the study concludes.

Although 50% of surveyed hoteliers said added-value promotions such as in-room meal-deals and spa packages were highly attractive to customers, the most successful way to increase the number of reservations is to offer special deals on room rates or for extra nights stayed.

RateTiger agrees and sees this as the one way to ensure that occupancy and revenue is maximised without slashing rates unnecessarily and devaluing the brand. Experimenting with offers can help revenue to remain buoyant and for the hotel to maintain, if not improve, its market share. However, one has to be careful with the amount of Special Offers being promoted. Any such offering should be limited in scope and time to ensure that brand values are not being derailed.

With an increasing number of customers moving online to find the best deals, hoteliers can reap the full benefit from this changing trend by reflecting their special offers across their distribution channels, rather than just relying on the more traditional GDS and CRS for their business.

But to effectively sell online, hoteliers need to have the right tools in place. Without full control over rates and availability, hoteliers will find that the effect on their revenue and occupancy is limited. Without the help of appropriate tools, offers can often not even be posted online on time to gain the most value and return.

There’s no doubt that the current economic slowdown has affected the number of reservations, but it’s not all doom and gloom; there’s still a huge number of people wanting or needing to stay in a hotel every day. What is needed is a clear pricing strategy, which incorporates enticing special offers smartly as well as the ability to implement it across multiple distribution channels to capture the customers looking to snatch a good deal.