Amazon's path into travel, Booking.com forges ahead, and Travel & Tourism creates new jobs

March 23, 2018 Kristina S. Park

We have some great reads for you this week!

It's no secret that hotels and Online Travel Agents have a tricky relationship when it comes to online bookings. With new market disruptors like Airbnb getting in on the action now too, you would think that there wouldn't be much room for a new type of competitor - then comes Amazon with the offer to cut costs for hotel owners by removing intermediaries. Read how Amazon could potentially shake up the industry once again in our first read. Given Airbnb's recent announcement to add hotel listings to its platform and create a loyalty program, it's more and more apparent that Airbnb is slowly moving over into OTA territory. Booking.com is welcoming the challenge and is business as usual. In fact, they're "in it to win it" when it comes to the homestay market too. Read number two to see how Booking.com plans to deal with the competition moving forward. We hear about the changes and growth in the hospitality market almost daily now, but did you know that the Travel & Tourism sector was responsible for the creation of one in five new jobs globally in 2017? That's 7 million new jobs worldwide! The statistical breakdown can be found in number three.

Happy reading. 

Read More

Revenue mistakes, GDPR and Booking.com as an agency

March 16, 2018 Denis Fortmann

We have some truly great reads for you this week!

Making revenue as a hotel is a complicated undertaking. Back in the day, revenue management meant opening and closing availability and rates. When Online Travel Agents entered the scene, the industry became obsessed with simple adjustments of rates. Today, the playing field is drastically more complex. In our first read we present you five common mistakes that you should avoid. The clock is ticking towards GDPR. Have you already worked out what this means for your hotel or hospitality business? Read number two explains where to pay attention. Have you wondered why you recently saw some flight-plus-hotel feature or car rental and hotel transfer add on on Booking.com website? In case you didn´t know, Booking.com is on the road to becoming a full service online travel agency. Read number three outlines their plan. 

Happy reading. 

Read More

ITB, Booking vs. Airbnb & Rate Visibility on Google

March 9, 2018 Denis Fortmann

ITB 2018 is in full swing! We hope it has been successful for you so far. Did you pick up all the news about the latest travel and tech trends in the industry? If not, we got you covered in our weekly reads.

Read More
blog advert thing.png

 

 

Let's talk

Hospitality's Data Platform

Collect. Harmonize. Analyze.

 

SnapShot is the first and largest hospitality independent data processing platform, 
helping both enterprise and individual hospitality organizations collect, harmonize and analyze your data to better manage your business.