{"id":3042,"date":"2024-05-17T17:05:45","date_gmt":"2024-05-17T11:35:45","guid":{"rendered":"https:\/\/erevmax.com\/blog\/?p=3042"},"modified":"2024-05-17T17:05:45","modified_gmt":"2024-05-17T11:35:45","slug":"whats-new-in-hotel-online-distribution-and-tech-trends-w3-may-2024","status":"publish","type":"post","link":"https:\/\/erevmax.com\/blog\/index.php\/2024\/05\/whats-new-in-hotel-online-distribution-and-tech-trends-w3-may-2024\/","title":{"rendered":"What\u2019s New in Hotel Online Distribution and Tech Trends? W3, 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>\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;335559683&quot;:0,&quot;335559684&quot;:-2,&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=\"none\">Summer vacations are a top priority for travelers<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:720,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259,&quot;335559991&quot;:360}\">\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;335559683&quot;:0,&quot;335559684&quot;:-2,&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=\"none\">Technavio forecasts boom in hospitality robots<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:720,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259,&quot;335559991&quot;:360}\">\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;335559683&quot;:0,&quot;335559684&quot;:-2,&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=\"none\">ATM 2024 breaks record with 46,000+ attendees<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:720,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259,&quot;335559991&quot;:360}\">\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;335559683&quot;:0,&quot;335559684&quot;:-2,&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=\"none\">Park Hotels announces tender offer results<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:720,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259,&quot;335559991&quot;:360}\">\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;335559683&quot;:0,&quot;335559684&quot;:-2,&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\"><span data-contrast=\"none\">Barcel\u00f3 invests $400M in global expansion<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:720,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:259,&quot;335559991&quot;:360}\">\u00a0<\/span><\/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><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3043 size-full\" src=\"https:\/\/erevmax.com\/blog\/wp-content\/uploads\/2024\/05\/Newshound-w3-May-2024.jpg\" alt=\"Newshound W3 May, 2024\" width=\"741\" height=\"494\" srcset=\"https:\/\/erevmax.com\/blog\/wp-content\/uploads\/2024\/05\/Newshound-w3-May-2024.jpg 741w, https:\/\/erevmax.com\/blog\/wp-content\/uploads\/2024\/05\/Newshound-w3-May-2024-300x200.jpg 300w\" sizes=\"auto, (max-width: 706px) 89vw, (max-width: 767px) 82vw, 740px\" \/><\/p>\n<p><b><span data-contrast=\"auto\">Tripadvisor: Travelers are placing high priority on summer vacations<\/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\">According to the annual Summer Travel Index released by Tripadvisor, travelers worldwide continue to prioritize summer vacations. Ninety-five per cent of respondents are planning to travel as much (51 percent) or more (44 percent) than last summer, despite some concern about economic headwinds. Over a quarter (26 percent) of U.S. travelers are planning to spend $5,000 or more on their getaways.<\/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:\/\/lodgingmagazine.com\/tripadvisor-travelers-are-placing-high-priority-on-summer-vacations\/\">https:\/\/shorturl.at\/MD6w6<\/a><\/p>\n<p><b><span data-contrast=\"auto\">Hospitality robots market to grow by $471.77M by 2028<\/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\">Hospitality robots redefine service with efficiency. Technavio forecasts a USD 471.77 million expansion by 2028, boasting a 14.19% CAGR. According to Technavio, the global market for hospitality robots is projected to expand by USD 471.77 million between 2024 and 2028. This market is anticipated to experience a compound annual growth rate (CAGR) of 14.19% throughout the forecast period.<\/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.travelandtourworld.com\/news\/article\/hospitality-robot-market-set-to-skyrocket-technavio-predicts-471-77-million-growth-by-2028\/\">https:\/\/shorturl.at\/jPFYK<\/a><\/p>\n<p><b><span data-contrast=\"auto\">ATM 2024 sees a record 46,000+ attendees<\/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\">More than 46,000 industry professionals from over 160 countries \u2013 including 33,500 visitors \u2013 attended the 31st edition of Arabian Travel Market (ATM), which concluded last week in Dubai, UAE. Organisers of the event have revealed this figure is a 15% year-on-year increase in attendees compared to its 30th edition last year. This number sets a new record for the show, in which the team illustrates the &#8220;strength, resilience and momentum&#8221; of the global travel and tourism sector.<\/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.travolution.com\/news\/in-depth\/conferences-and-events\/atm-2024-sets-new-record-with-more-than-46-000-attendees\/\">https:\/\/shorturl.at\/0YK5L<\/a><\/p>\n<p><b><span data-contrast=\"auto\">Park Hotels reports tender offer outcomes<\/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\">Park Hotels &amp; Resorts announced today the expiration and final results of the previously announced cash tender offer initiated by its subsidiaries: Park Intermediate Holdings LLC, PK Domestic Property LLC, and PK Finance Co-Issuer Inc. (collectively, the \u201cIssuers\u201d). The Tender Offer was for any and all of their outstanding 7.500% Senior Notes due 2025. It expired at 5:00 p.m., New York City time, on May 13, 2024 (the \u201cExpiration Time\u201d).<\/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.travelandtourworld.com\/news\/article\/park-hotels-resorts-announces-final-results-of-tender-offer-for-senior-notes\/\">https:\/\/shorturl.at\/Vqgxn<\/a><\/p>\n<p><b><span data-contrast=\"auto\">Barcel\u00f3 Hotel Group&#8217;s $400M expansion plan<\/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\">Barcel\u00f3 Hotel Group, the leading Spanish hospitality management company, reveals its 2024 global expansion strategy with a robust pipeline of new property openings in new and existing key source markets, totalling an investment of over $400 million. In 2024, Barcel\u00f3 Hotel Group will extend its presence in the Middle East, Africa and T\u00fcrkiye (MEAT) region, with a slated line-up of property openings annually.<\/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\/barcelo-hotel-group-invests-over-400-million-for-global-expansion-strategy\">https:\/\/shorturl.at\/KD10Q<\/a><\/p>\n<article id=\"post-2931\" class=\"post-2931 post type-post status-publish format-standard hentry category-hotel-channel-management category-hotel-online-distribution category-industry-news category-revenue-management\">\n<div class=\"entry-content\">\n<p><i><span data-contrast=\"none\">That\u2019s all folks!<\/span><\/i><span data-contrast=\"none\">\u00a0<\/span><span data-contrast=\"none\">\u00a0<\/span><\/p>\n<\/div>\n<\/article>\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 Summer vacations are a top priority for travelers\u00a0 Technavio forecasts boom in hospitality robots\u00a0 ATM 2024 breaks record with 46,000+ attendees\u00a0 Park Hotels announces tender offer results\u00a0 Barcel\u00f3 invests $400M in global expansion\u00a0 Reach out to &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-w3-may-2024\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;What\u2019s New in Hotel Online Distribution and Tech Trends? W3, 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":[154,1007,1004],"tags":[],"class_list":["post-3042","post","type-post","status-publish","format-standard","hentry","category-hotel-channel-management","category-industry-news","category-market-report"],"_links":{"self":[{"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/3042","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=3042"}],"version-history":[{"count":1,"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/3042\/revisions"}],"predecessor-version":[{"id":3049,"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/3042\/revisions\/3049"}],"wp:attachment":[{"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=3042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=3042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erevmax.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=3042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}