Did you know that two out of three travelers use OTAs to plan or research their trips? That’s a huge chunk of potential guests! So, if your listings aren’t converting, you’re missing out on a massive opportunity to boost your hotel’s revenue. But here’s the good news—optimizing your OTA conversions doesn’t have to be complicated….
Do you know? Tourism has emerged as one of the largest, fastest-growing, and most competitive industries worldwide in the twentieth century. (source) Reflecting on this, a Google study revealed that 90% of travelers turn to the Internet before making their final booking decisions. (source) Since travelers have countless options at their fingertips, capturing and retaining…
If you’re a part of the hotel revenue management or hotel booking business where every move counts, staying ahead of the competition is crucial. You need an essential weapon that gives you a bird’s eye view of the market and helps you make strategic decisions. In this blog post, we’ll break down the basics of…
Hotel prices change every second around the world. I know it’s not brand new information for you, but have you ever thought about what hotel price data can reveal beyond the cost of stay? It’s not only a treasure trove for the hoteliers to know their competitor’s pricing and do something about theirs to secure…
Since 1987, Amadeus has been at the forefront of travel technology and is recognized as a global market leader revolutionizing the way travel businesses operate. From airlines to hotels and other travel businesses, Amadeus has set a gold standard in data accessibility and operational efficiency. Its Hotel Search API offers impressive features: However, accessing the…
Picture this: A traveller booked a hotel in Philadelphia from an online travel agency (OTA) at a discounted deal. Upon reaching the hotel destination, he is informed that the hotel he booked is actually in New Jersey. The traveller then spends hours trying to get his refund for the wrong hotel booking. Imagine the hassle…
The hotel industry is seeing unprecedented growth, with a market size that surged to 1.5 trillion U.S. dollars in 2023. Occupancy rates have also bounced back to pre-pandemic levels, reflecting strong demand across the globe. But with this boom comes intense competition, and hotels are no longer competing on just location or amenities—they’re competing on…
Attention, hotel owners, online travel agencies, and travel tech companies. Are you tired of the hassle of manually managing your hotel bookings, availability, and pricing? Look no further because the best hotel API providers are here to revolutionize your hotel business or travel planning experience. Before diving in, sharpen your understanding of hotel APIs and…
As a hotel owner, implementing effective pricing strategy can transform your property from merely surviving to thriving in a competitive market. If you’re exploring effective pricing strategies to enhance room sales at your hotel, this guide offers the insights you need. In this blog, you will discover hotel pricing strategies, factors that influence them, and…
Are you having trouble setting the right room prices as a hotel owner, part of a hotel chain, or OTA operator? Worried about losing guests with high prices or missing out on revenue with prices that are too low? A Hotel Rate Shopping tool could be exactly what you need. According to Moldstud, data-driven pricing…
The online travel industry is a high-stakes game. Giants like Expedia and Booking.com are taking the lead. Competition is fierce which makes staying ahead of the curve crucial. To survive and thrive in the online travel industry, you need to be sharp, make the process swift, and most importantly adopt technology for tech-savvy users. Because…