Pegasus Solutions® and RateTiger Launch Collaborative Solution with One of World’s Largest Hospitality Groups
Louvre Hotels Group, one of the largest hospitality groups in the world, has implemented ExtraConnect, an integrated central reservation and channel management system from industry leaders Pegasus Solutions and RateTiger by eRevMax International. It is the first central reservation system (CRS) to combine the next generation enterprise delivery of Pegasus’ RezView® NG with the powerful channel management capabilities of RateTiger’s leading Channel Management technology.
Abu Dhabi’s hotels and hotel apartments continued their strong performance in the first five months of this year with increases in guest numbers, guest nights, occupancy, revenue and length-of-stay, according to the latest figures released by Abu Dhabi Tourism Authority (ADTA). http://www.hotelmanagement.com.au/2011/07/04/abu-dhabi-hotels-continue-strong-performance/
Hotwire Reveals Hotel Rate Report for July 2011
Hotwire.com®, a leading discount travel site, today announced the results of the July 2011 Hotwire® Hotel Rate Report. The report features the top five cities in North America where hotel rates have dropped the most and the top five cities where rates have experienced the biggest price increases. While one report guides customers to the destinations that will maximize their travel dollars, the other highlights places where using Hotwire to save money is even more essential. http://ahla.hsyndicate.com/news/4052199.html
3 keys to revenue management success
Demand is back and so is rate. STR reported an increase in all three key performance metrics for the first quarter of 2011: “The industry’s occupancy increased 5.7 percent to 54.9 percent, average daily rate rose 3.1 percent to US$99.37, and revenue per available room was up 9.0 percent to US$54.56.” http://www.hotelnewsnow.com/Articles.aspx/5981/3-keys-to-revenue-management-success
OTA debate stresses better channel management
What’s the topic that never ceases to pack a room or stir up emotion? The role of online travel agencies in hotel room distribution. Such was the case during a breakout session Tuesday at the New York University International Hospitality Industry Investment Conference that aimed to address the influence and implications of these intermediaries. But at the (literal) end of the day, panelists agreed that it has always been up to the hotel owner to choose how to get business. http://www.hotelnewsnow.com/Articles.aspx/5702/OTA-debate-stresses-better-channel-management
Australian hoteliers can now improve the management of online bookings and better target global travel markets with the arrival of integrated rate shopping, channel management and hotel and flight booking engine provider SimpleDistribution.
SimpleDistribution will remove the complexities of selling online and enhance visibility, exposure and revenue from the Internet. Before processing rate and availability updates, hotels can price shop theirs and competitors’ rates to assess optimal product prices for excellent positions across Online Travel Agents. The web-based channel manager simultaneously and in real-time updates the hotel’s selected multiple sales channels and roomtypes with rates, restrictions and room availability.
Small Independent and Boutique Hotels – Online Marketing and Strategic Revenue Management Levels the Playing Field!
There is no online marketing and revenue management potential without the GDS. Customer buying habits dictate that there has to be that connectivity to make a reservation and receive confirmations online instantly. http://www.wiredhotelier.com/news/154000473/4052123.html
Understanding the ‘Micro-Tripper’ Trend
The Micro-Tripper—short-term, purely spontaneous travel enabled by the flash-sale, group buying, and private-travel sale start-ups, the new leisure travel market segment is on the rise. The new social e-commerce travel companies are not intruding upon the OTA’s business but are, in essence, capturing an undiscovered new segment of the travel market that I call the “spontaneous micro-tripper”. http://www.eyefortravel.com/news/europe/understanding-micro-tripper-trend
Indian hotel industry expected to touch Rs 230 billion by 2015: Cygnus Business Consulting and Research
The Indian hotel industry is expected to reach Rs 230 billion by 2015 with a Compound Annual Growth Rate (CAGR) of 12.2 per cent, according to a report published by Cygnus Business Consulting and Research entitled, ‘Industry Insight- Indian Hotel Industry.’ http://www.hospitalitybizindia.com/detailNews.aspx?aid=11176&sid=41
RateTiger’s, RTCorp, has been recognised by the travel industry just one year after launching in the market. The rate shopping technology has been nominated for the Business Traveler Innovation Award within the Travel Management category.
RTCorp helps monitor hotel rates in the public market in both real-time and via scheduled reports. The technology sends automated alerts that filters hotel-pricing data into exception information and delivers it to the appropriate manager to action.
This helps corporate buyers, travel websites and hotel companies monitor violations or discrepancies in room rates while providing intelligent rate shopping data to better understand the market.
BTN’s 2011 Business Travel Survey: At The Crossroads
Many travel buyers this year find themselves in uniquely challenging positions. Their companies are healthy and growing and must continue chasing business wherever opportunities lie. That means more travel, and perhaps more corporate travelers. At the same time, the financial shocks organizations weathered, the procurement discipline they adopted and the scrutiny applied to every bit of spending has generated an ever-higher level of cost vigilance. http://www.businesstravelnews.com/Research/BTN-s-2011-Business-Travel-Survey–At-The-Crossroads/
STR – Positive Performance for US Hotel Industry for May 2011
In year-over-year measurements, the industry’s occupancy was up 4.6 percent to 61.5 percent, average daily rate ended the month with a 4.0-percent increase to US$101.54, and revenue per available room rose 8.8 percent to US$62.47. The U.S. hotel industry posted increases in all three key performance measurements during May 2011, according to data from STR. http://hotelexecutive.com/newswire/37589/str-positive-performance-for-us-hotel-industry-for-may-2011
Last month I visited Durban to attend ‘The WTM of Africa’ – INDABA. It is one of the largest travel trade events on the African calendar and one of the top three ‘must visit’ events of its kind on the global calendar.
INDABA showcases the widest variety of Southern Africa’s best tourism products, and attracts international visitors and media from across the world.
I attended all four days of the tradeshow as it had a huge focus on hotels and related products. The main trend affecting the regional market is the swift movement of hotels from GDS to OTAs and localized agents. I got an opportunity to network with industry peers and found INDABA to be great event. I look forward to the next edition of the show.
Casey Davy is Sales Manager – UK at eRevMax and is responsible for sales of RateTiger products in the region. He is based out of London and can be reached at caseyd@ratetiger.com
BITAC is a technical show with vendors ranging from energy management systems to security systems to kitchen inventory management to just about anything that a hotel might need. It basically provides hotels with opportunity to explore better ways of running their hotel operations at affordable prices.
The main discussions revolved around the need for being economical in all purchases. Hoteliers are looking at everything with magnifying glass, very careful in what they invest and how they spend their money. Vendor relationships were touched upon and examples of service providers who stuck by hoteliers in bad times were highlighted.
Overall BITAC was a nice event with lot of networking opportunities and good exposure for us.
Jan Murza is Sales Manager – USA at eRevMax and is responsible for sales of RateTiger products in the region. He is based out of Orlando and can be reached at
I was invited to Ibiza last month for the OnLiners event where online marketing and distribution companies got to meet and interact with local hoteliers. The idea was to introduce hoteliers to the online selling opportunities and the huge potential it holds for them.
Ibiza is a small island where the local travel agents have been the only distribution channels for hoteliers. With online travel gaining momentum globally and OTAs offering attractive distribution options, many local hoteliers are eager to explore and make the most of online opportunities. Some however are wary and still very tied to tour operation contracts and guaranties and cannot play with their prices and allotments.
Various OTAs did presentations for hoteliers, showcasing benefits they offer and how they help them reach out to wider audiences. We did a presentation on how to sell online and importance of managing channels efficiently. Specific focus was paid on online distribution and marketing initiatives that will help hotels generate bookings and garner better revenues.
Overall it was a great networking platform for all involved to come together and share ideas and experiences for the benefit of others.
Cristina Hernández is Sales Manager – Spain at eRevMax and is responsible for sales of RateTiger products in the region. She can be reached at cristinas@ratetiger.com
Last month I attended the Arabian Travel Market in Dubai which is the pre-eminent travel show for the Middle East. The exhibitors here come from all over the world, but the main stands and exhibition space are devoted to those from the Middle-East and in particular the United Arab Emirates.
General sentiment amongst exhibitors this year was a lot better than last, with hotels reporting much better results in the first quarter of the year after a really difficult 2010. The overall picture was though very localised as obviously some markets such as Egypt, Libya and Bahrain had seen almost complete drop-off in visitors due to internal political situations since the beginning of the year.
In regards to the distribution scenario, hotels in the region have really woken up to the need to intensify marketing and sales. The re-initiation of the construction of stalled hotel projects and renovations has restored faith among hoteliers about the future growth potential. Hence hoteliers were keen to find ways to effectively manage distributions and remain competitive.
All in all, a really great way to meet industry peers in the region over a few days at a professionally organised event. Looking forward to the 2012 edition.
Giles Gurney is Sales Manager – Mid-East at eRevMax and is responsible for sales of RateTiger products in the region. He can be reached at
