Setting the right price is crucial for Airbnb hosts aiming to boost profits and keep their properties booked. AirDNA predicted a 5.9% rise in demand by the end of 2024 and a 6.8% increase in 2025 It’s clear that more travelers are choosing short-term rentals. This growth means hosts need to fine-tune their pricing to…
As the clock ticks toward the start of 2025, many travelers are finalizing their plans for New Year’s Eve celebrations. Italy and Switzerland are two iconic destinations that offer vastly different experiences: Italy is enchanted with its historical charm and lively culture, while Switzerland mesmerizes with its snow-capped Alps and serene beauty. But when it…
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…
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….
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…
As the global economy gains momentum, the hotel industry is poised for substantial growth. By 2025, projections indicate the market will reach a value of US$443.10 billion. This growth is expected to maintain a steady pace, with a projected annual increase of 3.67% over the next four years, pushing the market volume to US$511.90 billion…
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…