The Week, That Was – May 2019 Week 5

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 publishes market study on ‘The State of Hotel Online Distribution in Middle East’

Leading hotel technology expert eRevMax has today published a market report on The State of Hotel Online Distribution in Middle East. The findings cover a wide cross-section of topics including technology adoption, distribution mix, channel production, online updates, among others.

Download the full study today – https://www.erevmax.com/travel-solutions/erevmax-erm-marketstudy.html

Booking.com on where it sees opportunity for growth

Where is there room for Booking.com – already one of the top players in online travel alongside Ctrip and Expedia – to grow? According to Vice President of Global Segments – Olivier Grémillon, there’s still a sizable market out there for the online travel agency to capture, and it’s the company’s responsibility to get there.

https://www.phocuswire.com/phocuswright-europe-2019-booking

What the world’s biggest OTAs have been up to

According to PhoCusWright, growth rates in the world of public online travel once again slowed in 2018, but remained in double-digit territory.

The accommodation business for both Expedia and Booking remains a priority, yet each OTA’s room nights grew at a more modest rate than either has been accustomed to in prior years.

https://www.phocuswright.com/Travel-Research/Research-Updates/2019/What-the-worlds-biggest-OTAs-have-been-up-to

Hotelbeds (a preferred partner of eRevMax) boosts European hotels offering by 5,000

A total of 70,000 hotels are now available on the bedbank’s system in Europe, whilst at a global level over 180,000 hotels are on the platform, Hotelbeds has announced.

https://www.travolution.com/articles/111480/hotelbeds-boosts-european-hotels-offering-by-5000

Hotel brands under attack: How to stay relevant

Google’s latest incursions on the travel sector highlight the increasing difficulties brands have in connecting directly with travelers.

https://reknown.com/2019/05/hotel-brands-under-attack-how-to-stay-relevant/

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The Week, That Was – May 2019 Week 4

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 completes integration with Mexican CRS – PMS provider

Hotel connectivity solution provider eRevMax has completed 2-way integration with Front2Go hotel management system. Mutual hotel customers can now leverage the interface to update rate and availability to third party online booking sites whenever they are updated in the hotel reservation system and receive reservations from OTAs.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/may2019-erevmax-completes-integration-with-mexican.html

Business travelers increasingly seek digital channels

Travel management company CWT has released research showing that travelers want to manage transactions via online channels and apps. The study reveals that 69% of business travelers prefer to book flights using online channels and 78% want to do the same when booking hotels. For ground transportation, 71% want to book using an app or web browser and 68% want to use these channels to check in for flights.

https://www.phocuswire.com/CWT-booking-trends

Winding Tree completes blockchain hotel booking

Open-source travel distribution platform Winding Tree claims to be the first to process a hotel booking on a public blockchain. The transaction was tested by Hobo Hotel Stockholm, a member of the Nordic Choice Hotels group. Winding Tree says the booking demonstrates a “real-world use case the space has not seen yet”.

https://buyingbusinesstravel.com/news/winding-tree-completes-blockchain-hotel-booking/

GDPR one year later: What’s changed and what’s still to come for hotels

GDPR has prompted many hotels to re-examine their guest privacy practices, such as how they obtain and use guest data gathered through OTAs, or the impacts of sharing data among multiple properties within one management group.

https://lodgingmagazine.com/gdpr-one-year-later-whats-changed-and-whats-still-to-come-for-hotels/

How AI Is Transforming Business Travel

It’s no secret that the travel industry has become digital-first over the last several years. In fact, research shows that 60% of leisure and about 40% of business travel transactions are now completed online.

https://techfinancials.co.za/2019/05/21/how-ai-is-transforming-business-travel/

Airbnb launches Arabic website amid 63% growth in UAE visitors

Airbnb launched its Arabic website in a bit to grow its presence across the Middle East and North-Africa region, where it has over 70,000 listings.

https://www.arabianbusiness.com/travel-hospitality/420624-airbnb-launches-arabic-website-amid-63-growth-in-uae-visitors

Amadeus signs hotel distribution agreement with Booking.com

As a result of this partnership, travel sellers will directly benefit from an increase of 30% in the accommodation options made available by Amadeus.

https://amadeus.com/en/insights/press-release/amadeus-boosts-accommodation-content-partnership-booking

A new way of thinking about your PMS: the API first approach

Legacy PMSs make it difficult and costly to connect all systems. Even some modern, cloud-based PMSs aren’t developed in a way that makes connectivity as easy and painless as it should be.

https://blog.apaleo.com/hotels/apaleo-api-first-approach

TripAdvisor to woo advertisers outside travel and hospitality

TripAdvisor’s owl eyes see a lot. Travelers have been using the site, known for its googly-eyed owl mascot, to research trips and hotels since its 2000 founding.  Now, the Needham, Massachusetts-based company is planning to use the depth of information it has learned about its consumers to attract advertisers beyond travel and hospitality marketers. To that end, TripAdvisor is staffing up its advertising revenue team.

https://adage.com/article/cmo-strategy/tripadvisor-prepares-woo-advertisers-outside-travel-and-hospitality/2172041

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The Week, That Was – May 2019 Week 3

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!!

Estonian luxury hotel recommends RateTiger for channel connectivity

The Three Sisters Hotel, a luxury boutique property has recommended RateTiger, powered by LiveOS, for fast and seamless connectivity for effective online distribution. The hotel has been using RTConnect, the SaaS based distribution solution by eRevMax to maintain real-time data transfer between its property management system and online sales channels for the last three years, resulting in an increase in online revenue and occupancy.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/may2019-erevmax-estonian-luxury-hotel-recommends-ratetiger.html

5 Distribution dilemmas that hotels must tackle now

From blurring distribution channels to rising commissions and defensive pricing, it is a challenging environment but hotels are fighting back, finds a recent white paper.

https://www.eyefortravel.com/revenue-and-data-management/5-distribution-dilemmas-hotels-must-tackle-now

Hotels need to learn, remember and predict a guest’s specific preferences to offer them a unique, sellable combination.

In an attributed-based model, the concept of room types is eliminated; instead consumers select from a list of attributes – for example a king bed with a sea view on a high floor – to creating a room that meets their needs. Each attribute adds an incremental price to the base room rate.

https://www.traveldailymedia.com/personalisation-2point0/

Booking.com decoupling attractions bookings from hotel reservations

Booking.com is expected to announce Wednesday at a conference in Europe that it is debuting an offering in 10 European and Middle Eastern cities that enables customers to book tours and attractions on a standalone basis without having first to book a hotel room.

https://skift.com/2019/05/15/booking-drops-hotel-requirement-to-book-tours-and-activities/

Hotels: Navigating the complexity of online travel

Rather than resisting new technology and global players, Expedia has called on the hotel industry to be optimistic about the opportunities that lie ahead.

http://www.travelweekly.com.au/article/navigating-the-complexity-of-online-travel/

Google experiments with new hotel search layout

Google continues to iterate on its hotel search interface and experience for destination searches. In a new testing experience, clicking on any property in the local pack directs a user to the hotel search page. The clicked property has its card pinned to the top of the page with property information expanded to the full width of the card section.

https://koddi.com/google-experiments-with-new-hotel-search-layout/

 

Two-way chat, a game changer for guests and revenue

By incorporating chat and messaging features within a native app (versus integrating third-party apps), hotels own the experience, data, and security.

https://medium.com/runtriz/two-way-chat-a-game-changer-for-guestsand-revenue-96092dbb7fc

Winding Tree executes “first” hotel booking transaction on public blockchain

The company’s distribution platform was successfully tested by Hobo Hotel Stockholm, a member of the Nordic Choice Hotels group, completing the first-ever hotel booking on a public blockchain.

https://blocktribune.com/winding-tree-executes-first-hotel-booking-transaction-on-public-blockchain/

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The Week, That Was – May 2019 Week 2

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 expands in Indonesia with new demand partner

Indonesia based Hoterip.com, one of the fastest growing online travel agencies in Asia, has completed two-way XML integration with travel technology specialist eRevMax to offer online channel management and reservation delivery solution to its growing base of hotel customers. The seamless interface will allow hotels using RateTiger and RTConnect platforms to update rates and availability and receive reservations generated through the channel in real-time

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/may2019-erevmax-expands-in-indonesia-with-new-demand-partner.html

Online Reviews Still Important But Craze is Slowing Down

Revinate published their 2019 Global Hotel Reputation Benchmark Report, filled with insights to help travel marketers compare and optimize their own online reputation management approach. Google gas overtaken Booking in the #1 position, as both sites are now dominating the field, with TripAdvisor coming in as distant third. While 74% of reviews were posted on four sites in 2017, a greater percentage is now contentrated in only the top 3 – Google, Booking and TripAdvisor.

https://fredericgonzalo.com/en/2019/04/10/online-reviews-still-important-but-craze-is-slowing-down/

Hotel industry has to invest more in technology

For some, the hotel industry requires a fundamentally different notion to how it sells and packages merchandise, physical goods and experiences.

http://hotelnewsnow.com/Articles/295159/Hotel-tech-execs-call-for-industry-to-invest-partner

Customer loyalty in a hyper-segmented hotel landscape

While many hotel branding companies have recently announced reforms in their rewards structures, their programs are still primarily based on a point redemption system.

https://www.hotel-online.com/press_releases/release/customer-loyalty-in-a-hyper-segmented-hotel-landscape#When:18:20:44Z

Webinar: Drive loyalty through a personalized journey

In this webinar, experts from leading hospitality and hotel tech companies will share their insights and strategies on how to enhance customer loyalty.

https://try.traveltripper.com/celebrate-and-nurture-your-guests-webinar/?utm_source=hotelmarketing&utm_medium=pr&utm_campaign=nurture-your-guest-webinar&utm_content=landing-page

What impact Airbnb might have on the hotel industry in another recession

In 2008, Airbnb was only just launching and really wasn’t a major player, however things may be a little different the next time around, as consumers booking habits have changed and their accommodation preferences have evolved.

https://www.kalibrilabs.com/demystifying-distribution/2019/5/7/what-impact-might-airbnb-have-on-the-hotel-industry-in-another-recession/?ref=hotelmarketing_com

Corporate travel: Sabre survey reveals trends shaping booking behaviour in Asia Pacific

Sabre reveals the results of a survey that compiles insight from over 70 corporate travel management companies (TMCs) from across Asia Pacific, revealing the latest trends in terms of regional bookings.

https://www.prnewswire.com/news-releases/sabre-corporate-travel-survey-reveals-trends-shaping-booking-behavior-in-asia-pacific-300843880.html

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The Week, That Was – May 2019 Week 1

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 expands in Mexico with Grupo Hotelero Santa Fe

Grupo Hotelero Santa Fe (GHSF), one of the leading Mexican hotel companies, has put its trust in award-winning RateTiger Channel Manager and Price Shopping solutions to grow its online business.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/apr2019-erevmax-expands-mexico-with-grupo-hotelero-santa.html

How to train staff on distribution channel conversion

Front-desk employees have the power to encourage known regular guests to book direct. Here are some tips on how to help train your front-line staff on increasing conversions.

http://www.hotelnewsnow.com/Articles/294917/How-to-train-staff-on-distribution-channel-conversion

How OTAs optimize conversion across the customer journey

According to the latest Travelport research, 64% of travelers who have researched a trip with an OTA, but did not go on to book, say they prefer to book with suppliers.

https://www.phocuswire.com/Optimize-conversions-across-customer-journey

 

Facebook bid multipliers for hotels

Bid multipliers enable the use of complex, customized bidding strategies without the need to create several different ad sets with relatively small audiences.

https://koddi.com/facebook-bid-multipliers-for-hotels/

 

Research sheds new light on the impact Airbnb has on the hospitality industry

The findings suggest that in some cases, the presence of Airbnb can help attract more demand in some markets while challenging the traditional hotel pricing strategies.

https://www.hotel-online.com/press_releases/release/airbnb-v.-hotels-new-research-sheds-light-on-how-they-can-compete-and-benef#When:17:22:28Z

 

 

Trivago greatly increases its participation in Google Hotels

Buying Google Hotel Ads, which places an advertiser’s hotel rates in Google Search, Maps, and Google Assistant, gives Trivago higher visibility around the world, Chief Financial Officer Axel Hefer told analysts Wednesday during Trivago’s first quarter earnings call.

https://skift.com/2019/05/01/google-hotels-prompts-trivago-to-increase-advertising-in-50-global-markets/

 

Amadeus: Hotels shift from transactional to experiential paradigm predicted within five years

Replacing legacy technology with cloud-based system will enable the hotel sector to transitioning from a transactional to an experiential relationship with its customers.

https://www.travolution.com/articles/111188/hotels-shift-from-transactional-to-experiential-paradigm-predicted-within-five-years

10 Great Mother’s Day Campaigns to Draw Inspiration From

Mother’s Day marketing paradoxically can be both easy and difficult for brands. To stand out, a campaign either must execute perfectly on the standard approaches or add an original twist. What do these sorts of exceptional takes on Mother’s Day look like? Here are ten campaigns from previous years that every marketer can draw inspiration from.

https://www.hospitalitynet.org/opinion/4093126.html

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The Week, That Was – April 2019 Week 4

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!!

Upscale hotel in Dubai recommends RateTiger, powered by LiveOS

Dubai based Golden Tulip Media Hotel, has recommended eRevMax distribution solutions for smooth and seamless connectivity with all its online sales channels. The property, which has been using RTConnect – the XML gateway for online distribution, has increased its market penetration resulting in revenue and occupancy growth.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/apr2019-erevmax-upscale-hotel-dubai-recommends-ratetiger.html

 

Top Tech Trends for Driving Your Hotel Revenue

With the constant evolution of technology and new trends coming and going, its important for hotels to keep a track of what is happening around them. Knowing the impact of new technology and how it can affect revenue is key to running any business successfully today. The same applies to the travel and hospitality sector which is one of the most dynamic industries today. Given the huge dependence on guest behavior, hoteliers need to know how to influence key decision makers and be visible at every key touch point. Here are some upcoming trends that we feel will have an impact on the industry and hoteliers should take notice and prepare well in advance.

https://erevmax.com/blog/index.php/2019/05/top-tech-trends-for-driving-your-hotel-revenue/

Behind Airbnb’s bet on show business to hook travelers

Airbnb has ambitions to develop a slate of original shows to whet customers’ appetite for travel. The strategy is crucial for the company, which is privately valued at $31 billion and is gearing up for an initial public offering of stock expected next year.

https://www.reuters.com/article/us-airbnb-hollywood-exclusive/exclusive-behind-airbnbs-bet-on-show-business-to-hook-travelers-idUSKCN1S014P?il=0

Oracle: Mobile is key to boosting hotel guest experiences

A whopping 91 percent of hotel executives surveyed by Oracle said mobile technologies are critical to improving guest experience and cultivating loyalty. But only 69 percent were confident in their organization’s ability to adopt and deliver those mobile experiences.

https://www.oracle.com/corporate/pressrelease/mobile-is-key-to-boosting-guest-experiences-042319.html

 Google updates qualified rates in hotel ads on desktop

A qualified rate is a type of fenced rate that is shown to the user when a reduced loyalty program price is available through the property’s official site.

Google’s newest desktop user interface features the caption “GET PRICE” in all-caps, a larger font size, and in an eye-catching traffic-light green color.

https://koddi.com/qualified-rates-update-google-hotel-ads/

 Google’s Touring Bird plots big expansion of tours and activities service

Touring Bird is expanding its coverage of tours and activities in cities around the world by a magnitude of 10X.

The massive jump from its official launch number of 20 in September 2018 to 200 this week comes almost a year to the day since the Google Area 120-run search engine was first tested in the open market.

https://www.phocuswire.com/Touring-Bird-expands-200

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The Week, That Was – April 2019 Week 3

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!!

How to Boost Hotel’s Repeat Business – 7 Steps to Follow

Hotel businesses can be intriguing and filled with challenges – whether in bad or good times. When there is high vacancy, you need to pamper your guests well, so that they come back again and you can get more customers. When your hotel is filled chock-a-block, you need to ensure that the requirements and requests of each guest are cared for in a proper way. Here are 7 steps to help you boost the repeat business of your hotel.

How to Boost Hotel’s Repeat Business – 6 Steps to Follow

eRevMax announces strategic partnership with Kuwaiti technology provider EEMC

Kuwait based hospitality solution developer EEMC has partnered with leading hotel connectivityprovider, eRevMax to deliver advanced channel management solutions to its hotel customers. eRevMax has signed an agreement with the company making them an official sales representative of RateTiger, the award-winning integrated channel manager, rate intelligence and connectivity solution for hotels.

https://bit.ly/2vbmdRG

The 2019 Hotel Reputation Benchmark Report

Now in its fourth year, the barometer analyzed 427 million online guest reviews from 140,000 properties across 200 countries over the past two years.

https://www.revinate.com/blog/the-2019-hotel-reputation-benchmark-report-is-here/

Airbnb leads $160 million investment in hospitality startup Lyric

The fresh capital brings Lyric’s total raised to $185 million, and will be used to expand its operations and support the buildout of its technology and data platform.

https://venturebeat.com/2019/04/17/airbnb-leads-150-million-investment-in-real-estate-and-hospitality-startup-lyric/

Four things to understand about your hotel data

When it comes to analyzing big data to understand guests and increase direct bookings, there are four key learnings that will help hoteliers compete with the big budgets of OTAs.

https://bit.ly/2UplINW

How to target today’s tech-savvy travelers

Customer segmentation is an efficient marketing tool, but it won’t deliver long-term sales results. Capturing attention and share of wallet from today’s tech-savvy travelers requires a more personalized approach.

http://hotelnewsnow.com/Articles/294641/How-to-target-todays-tech-savvy-travelers

The future of the hotel CRS

For many CRS companies, the “direct distribution” application is the booking engine. Period. Rate plans and availability from the CRS are distributed to the booking engine in the same way they’re sent to third-party distributors.

https://www.traveltripper.com/blog/the-future-of-the-crs/

Expedia research finds price and guest rating gazump brand in hotel selection

Expedia Group and Unabashed Research have released a study that shows price and guest ratings are more important than brand value when it comes to hotel property selection.

The study of more than 900 consumers shows that independent hotels can more effectively compete today with their branded competition

https://www.travolution.com/articles/110976/expedia-research-finds-price-and-guest-rating-gazump-brand-in-hotel-selection

 

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The Week, That Was – April 2019 Week 2

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!!

Luxury South Africa aparthotel recommends RateTiger, powered by LiveOS

South Africa based The Regency Apartment Hotel Menlyn has improved their online business with efficient rate and availability distribution through RateTiger, powered by LiveOS. The property has been leveraging RTConnect’s 2-way XML connectivitybetween its property management system and multiple online sales channels and utilizing the LiveOS platform to monitor competition, budget and pace for informed decision making.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/apr2019-erevmax-luxury-south-africa-aparthotel.html

Negotiation-based pricing: the future of hotels’ direct bookings?

Just as deregulation and the digital revolution gave birth to Yield Management, the current hospitality climate is ripe for disruption and innovation.

https://www.hotel-online.com/press_releases/release/negotiation-based-pricing-the-future-of-direct-bookings-for-hotels#When:18:29:20Z

Pricing psychology for hotel revenue managers

When it comes to pricing psychology, perception can be more important than reality. And frames of reference will differ across individuals. So, your guests’ perceptions may be very different from our own perceptions of your pricing and products – and will even vary from guest to guest.

http://www.nbtworld.com/perception-is-reality-pricing-psychology-for-hotel-revenue-managers/

Upselling across the guest journey

By breaking accommodations choices down and offering them throughout the guest journey, hotels will experience fewer instances of cart abandonment, discover more opportunities for upselling, and with customized, AI-generated offerings, see an increase in conversions on upselling and cross-selling opportunities.

https://www.hospitalitynet.org/opinion/4092831.html

Best practices for successful hotel metasearch efforts

Having a robust digital strategy not only allows for potential guests to easily find your property but allows you to properly compete with OTA’s within the various digital channels.

https://screenpilot.com/2019/04/best-practices-for-successful-hotel-metasearch-efforts/

How to build a digital culture at your hotel

There are three key areas that will encourage a digital culture change at your hotel – employee engagement, guest preferences, and data-driven decisions. Looking at them in detail will see increased productivity, stronger profitability and provide more memorable moments of true hospitality for your guests.

https://www.cendyn.com/library/how-to-build-a-digital-culture-at-your-hotel/?utm_source=Cendyn&utm_medium=email&utm_campaign=Create+a+digital+culture+at+your+hotel+-+guide+2019

Guest reviews, room price more valuable than brand name in hotel selection

 A survey from Expedia Group Lodging Partner Services found guest ratings have a significantly stronger influence than brand value when consumers are picking a property. The findings indicate there is a 72% chance that a consumer will value guest ratings higher than a hotel brand.

https://www.phocuswire.com/Expedia-Group-reviews-price-more-important-than-brand

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The Week, That Was – April 2019 Week 1

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 completes integration with Argentinian Hotel technology provider

Leading hotel connectivity solution provider, eRevMax has completed 2-way integration with CQR Sistemas, an Argentinian hotel management software company. Mutual hotel customers can now get the benefit of automatic distribution of availability and rates to third party online booking sites whenever they are updated in the property management system and receive reservations from OTAs.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/apr2019-erevmax-completes-integration-argentinian-hotel-technology-provider.html

Indonesian aparthotel improves online sales with eRevMax

The Malibu Suites – Balikpapan, an Indonesian aparthotel has improved its online sales with efficient rate and availability management through RateTiger. The property offering 35 serviced apartments in Borneo Balikpapan, has been using RateTiger Channel Manager since 2018 to manage all its online distribution channels in real-time.

https://www.erevmax.com/ratetiger-news/ratetiger-news-archive/mar2019-erevmax-indonesian-aparthotel-improves-onlinesales-with-erevmax.html

Increase last minute Easter bookings

When your potential customers are frantically browsing their last minute getaway options, each and every feature they see makes a difference – so don’t leave any out on your rate plan! Keep it short and sweet – you want them to get a handle on everything included as soon as possible without insisting they scan through unnecessary fluff to get there. Try and highlight the key features of the offer immediately.

https://blog.netaffinity.com/increase-last-minute-easter-bookings/

Google is at a crossroads with its ambitions in travel

For consumers, at a basic level, its role at the top of the funnel has changed very little in the years it has been a search engine – giving travelers the opportunity to find details and information on destinations, routes, products and a lot more. The role that Google plays in travel is changing and has now done so over the course of a number of years. And, crucially, it is that evolving role that concerns executives through the industry.

https://www.phocuswire.com/Google-analysis-Phocuswright-Europe-2019

The hotelier’s guide to building a successful distribution strategy

Take a deep dive into identifying the right mix of direct and indirect, which distribution channels to focus on and invest in, making the most of data and thoroughly explore.

http://www2.sabrehospitality.com/direct-distribution-guide?utm_source=hotelmarketing_com

RevPAR vs. GOPPAR and why we need a new champ

To better and more consistently deliver profit at different revenue points, hotels need to deploy and support tools to assist their leaders in delivering superior financial results.

https://www.hospitalitynet.org/opinion/4092562.html

Google teases new reward system

After the tech giant quietly rolled out its Hotel Search site – which has kept every metasearch and OTA on their toes – the company has now teased its new rewards program.

https://www.traveldailymedia.com/google-engagement-rewards/

 

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Tips and Tricks for hotel online revenue generation

Travelers will always need someplace to stay when out of town on business or on vacation. Make your hotel their preferred option by offering the right balance of customer service and price. Offer a unique environment or specialty services to differentiate yourself from the competition, and limit the number of rooms you offer at discounted rates. Consider hiring an expert in hotel revenue management to study your operations and identify areas in which you can increase revenue, as well as provide associated training to your staff.

Social Media continues to grow in importance. It has not only become a critical tool to interact with customers, but is also a key element that impacts organic search rankings for your hotel.  Hotels that take advantage of this hot trend are seeing significant benefits in terms of online placement and revenue.

Growth of mobile as a channel – Mobile has grown as a key channel for search. The universe of mobile users is massive – 3 in 5 people use mobile devices to search and 80% of local searches on mobile devices convert into purchases.

Enhancing Your Hotel’s Local Presence – Your website has to tap into the possibilities of enhanced local search. The goal is to create optimized content and local profiles, manage quality citations and directory listings, and deliver a seamless brand experience across devices.

Social Media Marketing – In our connected online community, the synergy of social engagement empowers your digital marketing. Most travelers use social media sites including Google+, Facebook, Instagram, Pinterest and LinkedIn. Social media is a driver of brand awareness, customer relationships and retention. To be part of your guest’s social conversation and drive traffic on social platforms, your web content must be interesting, build relevant connections, and inspire conversion.

Content Marketing – Content marketing starts with understanding your audience and their purchase journey. Content should engage, inspire and enhance the user experience. Empower your audience with engaging content; include local attractions and activities, compelling visuals and trending topics to be on top of customers mind.

User Experience – An important aspect of digital marketing is the user experience. Your guests expect a seamless journey during their hotel search process. They expect to be able to navigate through your website without having to look for answers – your site should be intuitive and user friendly. Conversion optimization starts with usability factors such as speed and performance, information architecture, legibility, colors and images.

Understanding the Hotel Customer Journey – From travel inspiration and research to booking to post-stay reviews, understanding the customer journey is paramount to your digital marketing strategy. In hospitality domain, and just about any industry or business, customers refer to search results and reviews to plan a trip or book a room.

Discounts – Business hotels sell rooms during the week. Resort hotels generate the most revenue during high season. Selling rooms at discounted rates or offering interesting promotions during off-peak season helps generate additional revenue by improving the occupancy rate.

Choose the right distribution channels – How do you choose which e-distribution channels are right for your hotel? Several factors need to be taken into consideration, from channel contribution potential, distribution spread and cost to how easy the channels are to manage, what types of marketing exposure they can provide and the sort of technology they use. Choosing the right channels and the tools to manage those channels play a crucial role in a hotel’s online revenue generation strategy. Partnering with connectivity providers like eRevMax that can assist in choosing the right channels that bring maximum business to your city is important. Further, use a cloud based channel manager to manage all your OTAs in real-time.

Social Media is an integral part of the real-time search algorithm. Social media creates real connection between companies and customers, and that connection equals purchase intent. Ongoing connection and relationship with your customers will eventually turn them into a volunteer marketing army.  Make sure that social media is an integral part of your overall marketing plan.  If you are limited on budget and resources, still keep monitoring the social media domain and do the best you can.  Hoteliers who want to be ahead of the curve, should invest today in the media that is fast emerging as the future of internet marketing.