While North American hoteliers continue to experience inconsistent booking growth during the third quarter of 2017, the fourth quarter brings long-awaited, welcomed news: healthy growth in both average daily rates (ADR) and bookings across all travel segments, according to new data from TravelClick's August 2017 North American Hospitality Review (NAHR).
Luxico, Australia's top provider of luxury family homes, has acquired Hello Scout, a personalization and text messaging technology for hotels. The acquisition underlines Luxico's commitment to delivering sophisticated concierge solutions to travelers staying at their premium vacation homes. The terms of the deal are undisclosed and Luxico plans to start using the technology immediately.
The Rainmaker Group (Rainmaker), the hotel revenue and profit optimization cloud, experienced record setting growth through the first half of 2017, adding to its momentum in becoming the de facto standard in hotel revenue management software and services. Since January 2017 Rainmaker has expanded its reach in the number of properties using its platform, with a 41% increase in grouprev® and 21% increases in both guestrev® and revintel®. Additionally, in this same time period, Rainmaker's revcaster® platform has activated nearly 500 new properties globally, surpassing 5,000 active installs for that product line.
CanadaStays today announces it has partnered with the global hotel industry's leading cloud platform, SiteMinder, to provide more property owners access to Canada's vacation rental market. The partnership sees CanadaStays integrated as one of the more than 350 distribution channels available to SiteMinder's 26,000 customers that are looking for greater visibility online through the world's top accommodation booking sites.
Tourico Holidays, the world's fastest growing wholesale travel brokerage company, today shared data indicating that inbound hotel room bookings to China have increased by 106 percent over the last year. Tourico's data also shows that the Chinese continue to be among the biggest travelers in the world, as outbound hotel bookings from the market grew by 70 percent year-over-year in the first 17 weeks of 2017.
London startup Event Intelligence (www.eventintelligence.travel) collected €132k in indications over the past 7 days, as part of their planned €500k funding round. The U.K. company is using the unique global funding and trading platform Funderbeam (www.funderbeam.com) for their campaign, which allows unique investor liquidity through a "startup stock exchange".
Tourico Holidays, the world's fastest growing wholesale travel brokerage company, today shared data reporting inbound hotel room nights to the Middle East have increased by 112 percent year-over-year in 2017. Equally as encouraging, outbound travel from the market is on the rise, as well. Hotel room nights sold from the Middle East are pacing at an increase of 138 percent through the end of 2017 - meaning future hotel reservations through the end of the year have more than doubled compared to the same time in 2016.
This is the industry benchmark report indicating the key directions the market goes – as industry players see that. Reading the report you will see how various markets, namely German, Spanish or Russian speaking markets differ in terms of: important market segments, growth areas for service providers, growth areas for services and treatments, average spend/guest, market growth % over 2012 and 2014
For accommodation providers in 2017, it's no longer enough to rely on the well-trodden paths to acquiring occupancy. You must also become experts in emerging distribution platforms, predict what guests expect when they walk into your lobby, and remain agile enough to navigate the ever-shifting trends to make the right decision, all the while staying committed to providing the best possible experience during a stay. Avvio knows how to get the right mix for your property and provides Europe's best booking engine – partnering with many serviced apartments and boutique hotels, including Cheval Residences, Apple Apartments and The Ampersand Hotel to grow direct bookings. Avvio's co-founder and CEO Frank Reeves has compiled his Top Tech Predictions for Hoteliers in 2017. Inside this report, you'll discover the big movers and shakers in the online distribution space (hint: it's not the OTAs), the developing sharing economy and a look at new technology that's fast-becoming part of the mainstream.Download your copy of the report today.For more details, please email [email protected] to arrange a time to talk.
The results are in: the firm that has put driving direct bookings first for 15 years generated an average 2200% ROI and 4.5% direct distribution cost for its hotel partners last year. By increasing their direct bookings and lowering distribution costs, hoteliers across the globe saw their investment in HeBS Digital returned to them at a rate of 22 to 1. Compared to standard OTA commissions of 18-25%, these numbers leave no doubt the direct online channel is the most cost-effective channel for hoteliers today.
Sojern, the world's leading traveler audience engagement platform that delivered $3B in direct booking revenue for travel companies last year, today released its Q1 Global Travel Insights report. The report uncovers emerging travel patterns and destinations for spring travel around the world and arms travel marketers with insights on how to tailor more effective consumer messages to drive bookings for a specific travel window.
Cloudbeds and Only Apartments have teamed up to give vacation rental owners more options to distribute on a global scale. Vacation rental owners using myallocator can now easily list their inventory on Only Apartments and join their extensive network of properties.
Leading hospitality investment banking firm RobertDouglas announced the promotion of two senior members of the firm to the level of Managing Director. Evan Hurd, based in New York, and Christopher Ropko, based in San Francisco, have each contributed significantly to the firm's rapid growth working as advisors to private and institutional clients throughout North America.
PITTSBURGH – Nick Massad, Jr. and his wife Vicki purchased American Liberty Hospitality 26 years ago on a foundation of service to its owners and investors. They worked hard, hired good people and treated every penny as if it were their own. Today American Liberty Hospitality (ALH) operates 20 properties with Hilton, IHG and other flags in Texas and Louisiana. The company is a real American success story.
International card payment processor PXP Solutions and Maestro PMS announced general availability and implementation of a new EMV automated Chip and PIN approval interface. The interface enables Maestro PMS hotel management software clients that use, or wish to use, PXP services to accept and automatically process guest Chip and PIN cards for more efficient guest service.
While summer 2016 logically presented a downturn for the hotel industry in the Paris region and on the French Riviera due to security concerns, other seaboard areas, the provinces and certain new regions in particular brought a welcome ray of sunshine. This summer's first overview including all the figures by sector in our infography.
The pace of new bookings is down this summer, with the business segment experiencing a -4.0 percent decline over the past 30 days. However, average daily rates (ADR) are slightly up 2.0 percent over the same time last year based on reservations that are currently on the books, according to new data from TravelClick's July 2016 North American Hospitality Review (NAHR).
eRevMax, the leading travel technology provider to the hospitality industry has released an infographic shedding key insights of the hotel industry in Brazil. The Infographic titled Brazil Hotel Industry Snapshot highlights that nearly half- million foreign tourists are expected to visit Brazil during Rio 2016 Olympics and the country is set to welcome a total of 7 million international tourists by the end of this year.
Holding some of the biggest modern manmade marvels, Dubai is one city that can't be missed to visit. It homes 7 of the 10 tallest hotels in world and the tallest building, the Burj Khalifa. The Building is so tall that people on the top floors have to wait a while longer than those on the ground to break their fast. From hotels and manmade beaches to upcoming climate controlled cities, Dubai has accomplished incredible feats engineering on the harshest of environments.
The Spanish hotel group, Barcelo Hotels & Resorts, announced the signature of a franchise agreement with the Chinese operator Plateno. The aim is to develop about 100 units within 10 years in China. Barcelo Hotels & Resorts, which announced its Chinese development perspectives at the beginning of the year, now announces the signature of a franchise agreement with the Chinese Group Plateno, which was taken over by Jin Jiang last fall. It is now the fifth hotel group worldwide.