
The Paul Hotels Achieves Online Rate Parity

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Hotel Channel Management – Made Easy & Efficient!
In the light of rising distribution costs and the increasing feeling amongst hoteliers that they are no longer in control of their own rates, sales channels and products, the guiding theme of the event was how to find and apply the right balance between direct and third party distribution. Clever online marketing, a strengthening of direct distribution channels, Web 2.0 applications and mobile technologies were among the options discussed to lower the costs of distribution. Speakers included top managers from major hotel brands such as Accor and Best Western, HRS CEO Tobias Ragge, consultants and industry experts. Amongst the latter, Ragnar Strerath, Division President RTConnect at RateTiger, was invited to share his expertise.
His presentation titled – “Learning against helplessness – How hoteliers can rid themselves of feeling dependent on their distribution partners” – dealt with options to get back on eyelevel with OTAs and other sales channels. The key message: it needs both distribution management technology and market insight, none of these two will do the job alone. Ragnar explained which competencies are essential, these ranging from insight in the distribution landscape and its options and conditions, product development and placement skills to revenue management, online marketing and competitor analysis. But how can hoteliers obtain this knowledge? While technology can be bought – and Ragnar pointed out relevant features for channel managers and the most important questions to ask possible suppliers – the latter can be acquired in various ways: by training existent staff, by employing specialists, or by working with external experts.
Ragnar listed the pros and cons of each option: while in-house training takes time and hardly ever reaches the level of focused experts, it might also be too expensive for smaller hotels to employ a specialist. For these, consultants who help setting up a strategy and choose suitable technology can be a promising alternative, particularly if these consultants are largely paid per booking and consequently interested in the hotel’s success. Ragnar concluded with some statistics on Ramada’s performance, which has improved significantly since implementing RateTiger, quoting hotel’s Regional Director Markus Barth as testimonial.
The presentation was followed by an intense discussion, which showed that the speaker touched the needs of today’s hoteliers and that his insights were well received.
Jasmin Keller is PR Representative for the German speaking markets and is responsible for driving all PR activities for RateTiger and eRevMax brands in the region. Jasmin is based in Hamburg and can be reached at ratetiger@jasminkeller.com
Making Social Media An Asset To Your Hotel, Part 3: Sales & Marketing
Marketing using social media requires a different discipline and expertise from traditional and online marketing. Just as radio ads don’t translate well to television, branded online ads typically don’t work well in social media. Marketers wanting to utilize social media will need to think differently, and this section explains how.
A New Era for OTAs
Tension between hotels and online travel agencies has been palpable for the past several years, as the Web distribution marketplace has seen heated competition both online, through the battle for booking revenue, and off, through business negotiations and legal disputes. But as economic purse strings have loosened, consumer demand has risen, and hotels themselves have become more savvy in corralling their own direct customers, several of the major online travel brands have changed their game to reflect what they see as the current state of the business.
Online now accounts for more than half of travel sales across Europe
Online bookings accounted for more than half the travel sales across Europe for the first time last year, according to industry analyst IPK International. But agency sales continue to dominate Europe’s biggest travel market: Germany. IPK reported 55% of all travel bookings in Europe were online last year, up 15% on 2010. Attached is the key findings of the report.
Global average room rate rose by 4pc last year: report
A report released by Hotels.com has indicated that the results are showing the green shoots of recovery for many countries with the average price of a hotel across the world rising four percent, placing them on a par with prices from 2005. According to Hotels.com’s Hotel Price Index (HPI), the relative strength of the global hotel sector can be seen as an indicator of a potential turnaround in the economic outlook with the average price of a room around the world rising four percent in 2011.