How to Increase Your OTA Conversion Rates

How to Increase Your OTA Conversion Rates

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….

Marketing for Travel Agents

Marketing for Travel Agencies: A Guide To Thrive In Competitive Market

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…

Hotel Mapping API

What is Hotel Mapping & Its Role in Booking Accuracy?

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…

Hotel Competitor Analysis

Hotel Competitor Analysis: Process and Tools to Get Ahead

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…

Hotel API Provider Companies

Best 11 Hotel APIs in 2024

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…

Hotel Pricing Strategies

12 Hotel Pricing Strategies To Implement in 2024

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…

Best Hotel Rate Shopping Tools

Top 12 Hotel Rate Shopping Tools to Boost Revenue (2024 Review)

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…

key technologies for online travel agency

8 Key Technologies Online Travel Agencies Need to Succeed

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…

open pricing strategy for maximizing revenue

Open Pricing Strategy For Maximizing Hotel Revenue

Want to boost your hotel’s revenue and leave outdated pricing methods behind? Open Pricing can help you do that—this strategy is a game-changer for hotels that want to tap into every booking’s revenue potential. This flexible approach means no more one-size-fits-all rates or outdated seasonal pricing. Instead, Open Pricing lets you adjust rates based on…

Hotel Market Intelligence

Hotel Market Intelligence: Definition, Importance and Implementation

Know what your competitors are doing; that is going to put you ahead in this fierce business environment of the hotel industry. This is where hotel market intelligence comes in to help you achieve that. Market intelligence is used in data collection that helps the making of successful driving decisions. For a hotel business, the…

Increase Direct Hotel Bookings

How to Increase Direct Bookings for Hotels

Expedia’s Path to Purchase research discovered that booking a hotel room often starts online, with a staggering 80% of travellers using Online Travel Agencies before making the reservation. This trend highlights the significant influence OTAs have over the booking process, which positions them as a primary go-to resource for travellers.  This reliance on OTAs presents…