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…
Ever wonder how some properties seem to always hit the sweet spot on pricing? The answer is competitor analysis. 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,…
Competition in the hotel industry is rising fast. According to data from THP, there are currently 8,011 hotel opening projects in the pipeline worldwide. Of those, 2,771 are set to debut in 2025, adding more than 514,000 new rooms across the globe. That’s a lot of new players entering an already crowded market. And it’s…
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? Well, this concern is not just valid but also backed by data. A 2023 Morning Consult…
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…
Want to boost your hotel’s revenue and leave outdated pricing methods behind?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 This flexible approach means no more one-size-fits-all rates or outdated seasonal pricing.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…
In the hotel industry, success is not just about offering great rooms and exceptional service but knowing how to position your property in a constantly shifting market. Room rates can fluctuate 20% depending on factors like seasonality, local events, and competitor pricing. Without the right insights, you risk either overpricing your rooms and driving guests…
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…
In this blog, we’ll introduce 6 Sabre Alternatives For Travel API that are not only more affordable and accessible but also packed with powerful features to streamline your operations. Whether you’re looking to reduce expenses or simplify access to critical travel data, these options could help in making your workflow more efficient and cost-effective. Let’s…