{"id":3020,"date":"2024-05-03T18:49:54","date_gmt":"2024-05-03T13:19:54","guid":{"rendered":"https:\/\/erevmax.com\/blog\/?p=3020"},"modified":"2024-05-03T18:59:21","modified_gmt":"2024-05-03T13:29:21","slug":"whats-new-in-hotel-online-distribution-and-tech-trends-w1-may-2024","status":"publish","type":"post","link":"https:\/\/erevmax.com\/blog\/index.php\/2024\/05\/whats-new-in-hotel-online-distribution-and-tech-trends-w1-may-2024\/","title":{"rendered":"What\u2019s New in Hotel Online Distribution and Tech Trends? W1, May 2024"},"content":{"rendered":"<p><span data-contrast=\"none\">Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<ul style=\"font-weight: 400;\">\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;134225954&quot;:true,&quot;134225961&quot;:true,&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">GCC hospitality boom: UAE market to top US$7 billion by 2026<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;134225954&quot;:true,&quot;134225961&quot;:true,&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Accor leads hospitality growth across Saudi Arabia<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;134225954&quot;:true,&quot;134225961&quot;:true,&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Xenia Hotels &amp; Resorts: Q1 2024 nets $8.5M, steady growth<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;134225954&quot;:true,&quot;134225961&quot;:true,&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">Minor Hotels to launch 50 properties in India<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;134225954&quot;:true,&quot;134225961&quot;:true,&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"5\" data-aria-level=\"1\">Home2 Suites by Hilton partners with Grubhub for onsite food delivery<\/li>\n<\/ul>\n<p><span data-contrast=\"none\">Reach out to us for discussions regarding <\/span><a href=\"https:\/\/ratetiger.com\/hotel-channel-manager\/\"><span data-contrast=\"none\">connectivity<\/span><\/a><span data-contrast=\"none\">, <\/span><a href=\"https:\/\/ratetiger.com\/hotel-booking-engine\/\"><span data-contrast=\"none\">direct booking<\/span><\/a><span data-contrast=\"none\">, <\/span><a href=\"https:\/\/ratetiger.com\/ratetiger-shopper\/\"><span data-contrast=\"none\">rate intelligence<\/span><\/a><span data-contrast=\"none\">, and <\/span><a href=\"https:\/\/ratetiger.com\/hotel-website-design\/\"><span data-contrast=\"none\">website design<\/span><\/a><span data-contrast=\"none\"> requirements \u2013 we are happy to explore new possibilities with you for your property \u2013 <\/span><a href=\"https:\/\/ratetiger.com\/contact\/\"><span data-contrast=\"none\">contact us today<\/span><\/a><span data-contrast=\"none\">.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Enjoy the read!<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3021\" src=\"https:\/\/erevmax.com\/blog\/wp-content\/uploads\/2024\/05\/Newshound-w1-May-2024.jpg\" alt=\"Newshound W1 May 2024 \" width=\"1000\" height=\"546\" \/><\/p>\n<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-bneea-79elbk h-full\">\n<div class=\"react-scroll-to-bottom--css-bneea-1n7m0yu\">\n<div class=\"flex flex-col text-sm pb-9\">\n<div class=\"w-full text-token-text-primary\" dir=\"auto\" data-testid=\"conversation-turn-37\" data-scroll-anchor=\"true\">\n<div class=\"py-2 px-3 text-base md:px-4 m-auto md:px-5 lg:px-1 xl:px-5\">\n<div class=\"mx-auto flex flex-1 gap-3 text-base juice:gap-4 juice:md:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]\">\n<div class=\"relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto gap-3\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"94ae036f-e298-4741-812d-86a61e490b42\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p><strong>GCC hospitality boom; UAE market to top US$7B by 2026<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><span data-contrast=\"auto\">Recent data from global research companies indicates a bright future for the GCC hospitality industry, with insights from Deloitte and STR demonstrating sustained growth as tourism continues to be a key priority for regional governments. The upcoming edition of Arabian Travel Market (ATM), a premier global event in travel and tourism, will serve as a pivotal gathering for hospitality stakeholders when it takes place from 6 to 9 May at the Dubai World Trade Centre.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><em><strong><a href=\"https:\/\/www.wtm.com\/atm\/en-gb\/exhibitor-details.ratetiger%20-%20erevmax.org-c3340084-438a-4c90-ac5b-3528dae6e1f2.html#\/\">RateTiger<\/a><\/strong> is taking Dubai by storm from May 6th to 9th! Find us in Hall 4, Booth TT4102.\u00a0<\/em><\/p>\n<p><a href=\"https:\/\/hub.wtm.com\/press\/atm-press-releases\/experts-outline-a-promising-future-for-the-gcc-hospitality-sector-as-the-uae-market-is-forecasted-to-exceed-us7-billion-by-2026\/\"><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">https:\/\/shorturl.at\/KOUW8 <\/span><\/a><\/p>\n<p><b><span data-contrast=\"auto\">Accor drives hospitality expansion in Saudi Arabia<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">As the largest hotel operator in Saudi Arabia, Accor is spearheading a strategic transformation of the country&#8217;s tourism sector, marking a new era of hospitality in the Kingdom.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Accor currently operates 13 brands in Saudi Arabia, spanning across the premium, midscale, and economy segments, as well as luxury brands and Ennismore\u2019s lifestyle collective. With leading brands including ibis, Novotel, Adagio, Mercure, M\u00f6venpick, Swissotel, Pullman, Raffles, Fairmont, Sofitel, Banyan Tree and others, the group has solidified its position as a leading hospitality provider, offering a wide range of services and experiences.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.hotelnewsme.com\/news\/accor-spearheads-hospitality-expansion-throughout-saudi-arabia\">https:\/\/shorturl.at\/ao479<\/a><\/p>\n<p><b><span data-contrast=\"auto\">Xenia Hotels: Q1 2024 nets $8.5M, steady growth<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Regarding Liquidity and Balance Sheet as of March 31, 2024, the Company held total outstanding debt of approximately $1.4 billion with a weighted-average interest rate of 5.47%. It possessed around $140 million in cash and cash equivalents, including hotel working capital, and full availability on its revolving line of credit, resulting in total liquidity of about $590 million. Furthermore, as of the conclusion of the first quarter, the Company possessed about $57 million in restricted cash and escrows.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.travelandtourworld.com\/news\/article\/xenia-hotels-resorts-posts-8-5-million-net-income-in-q1-2024-showing-steady-growth\/\">https:\/\/shorturl.at\/kwzB3<\/a><\/p>\n<p><b><span data-contrast=\"auto\">Minor Hotels plans 50 new properties in India<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Minor Hotels, a global hotel owner and operator with more than 540 properties in 56 countries, is set to intensify its presence in the dynamic Indian hospitality market, targeting 50 new openings within the next decade.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The group will focus its strategy on the upper-upscale and luxury hotel segments, where it expects strong interest from owners in its well-established Anantara, Avani, and NH Collection brands.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.hotelierindia.com\/operations\/minor-hotels-gears-up-for-india-acceleration\">https:\/\/shorturl.at\/puL68<\/a><\/p>\n<div class=\"flex-1 overflow-hidden\">\n<div class=\"react-scroll-to-bottom--css-bneea-79elbk h-full\">\n<div class=\"react-scroll-to-bottom--css-bneea-1n7m0yu\">\n<div class=\"flex flex-col text-sm pb-9\">\n<div class=\"w-full text-token-text-primary\" dir=\"auto\" data-testid=\"conversation-turn-35\" data-scroll-anchor=\"true\">\n<div class=\"py-2 px-3 text-base md:px-4 m-auto md:px-5 lg:px-1 xl:px-5\">\n<div class=\"mx-auto flex flex-1 gap-3 text-base juice:gap-4 juice:md:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]\">\n<div class=\"relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto gap-3\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"d7298663-f036-4799-8c9c-3eb76d2a2e48\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p><strong>Home2 Suites by Hilton offers seamless Grubhub food delivery<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><span data-contrast=\"auto\">More than 30 percent of travelers struggle with not knowing where to order food and 25 percent worry about not having access to a car to get around, according to a Grubhub survey. Further, nearly 50 percent of travelers said they\u2019d use a delivery app to order forgotten items. With this integration, travelers don\u2019t have to worry about food, transportation or these forgotten items since Grubhub and Home2 Suites make it easy to order from local restaurants and find nearby convenience stores for delivery right to their Home2 Suites hotel.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/lodgingmagazine.com\/home2-suites-by-hilton-guests-enjoy-seamless-food-delivery-experience-with-grubhub-onsite\/\">https:\/\/shorturl.at\/koY36<\/a><\/p>\n<p><i><span data-contrast=\"none\">That\u2019s all folks!<\/span><\/i><span data-contrast=\"none\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.\u00a0 GCC hospitality boom: UAE market to top US$7 billion by 2026 Accor leads hospitality growth across Saudi Arabia\u00a0 Xenia Hotels &amp; Resorts: Q1 2024 nets $8.5M, steady growth\u00a0 Minor Hotels to launch 50 properties in India\u00a0 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/erevmax.com\/blog\/index.php\/2024\/05\/whats-new-in-hotel-online-distribution-and-tech-trends-w1-may-2024\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;What\u2019s New in Hotel Online Distribution and Tech Trends? W1, May 2024&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,154,283,1007],"tags":[],"class_list":["post-3020","post","type-post","status-publish","format-standard","hentry","category-hotel-channel-connectivity","category-hotel-channel-management","category-hotel-online-distribution","category-industry-news"],"_links":{"self":[{"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/3020","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=3020"}],"version-history":[{"count":0,"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/3020\/revisions"}],"wp:attachment":[{"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=3020"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=3020"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=3020"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}