Tag: hotels with restaurants
What Is Hotel Connectivity & Distribution
What is hotel connectivity and distribution? Hotel connectivity and distribution refer to the systems and processes that enable hotels to distribute their inventory (ie, rooms) to multiple online travel agencies (OTAs), global distribution systems (GDSs), and other distribution channels, such as metasearch engines or direct booking engines. Hotel connectivity involves the integration of hotel management systems with distribution channels, allowing hoteliers to update and manage their room availability, rates, and inventory across multiple channels in real time. This connectivity can be achieved through various technological solutions, such as application programming interfaces (APIs), channel managers, or property management systems (PMSs). Distribution,…
What is RevPAR in Hotels and How to Calculate It?
RevPAR stands for Revenue per Available Room, which is a crucial metric used in the hospitality and tourism industry. RevPAR is a performance indicator that measures a hotel’s ability to fill its available rooms and generate revenue from them. What is RevPAR ? RevPAR stands for Revenue Per Available Room. It is a widely used metric in the hotel industry that measures the average revenue earned per available room over a specific period of time. RevPAR is calculated by dividing a hotel’s total room revenue by the total number of available rooms. RevPAR is an important metric because it helps…
Journey to better guest satisfaction: Why digitization is the shortcut you need
As hotels are on the path of improving guest satisfaction, several solutions have come to light. The unique challenges presented by an industry as dynamic and varied as the hotel industry require multiple interventions. In order to maximize productivity and guest satisfaction, hotels need to solve a multitude of problems. But what if there was one solution to all these problems? The journey to a thousand great guest experiences can start with one simple step: digital integration. The technology revolution has given hotels new ways to meet the changing needs of their guests. The pandemic acted as a catalyst for…
Role of Technological Partnerships in Hotel Operations
In today’s fast-paced world, hoteliers face a myriad of challenges in managing their operations efficiently while ensuring exceptional guest experiences. However, there is a solution at hand – strategic technological partnerships. These collaborations offer innovative solutions that streamline processes, boost efficiency, and ultimately make life easier for hoteliers. But to truly understand the transformative power of technological collaborations in the hospitality industry, it is important to understand the challenges faced by hoteliers. Challenges in Hotel Operations Hoteliers often encounter operational challenges that hinder efficiency and compromise guest satisfaction. These challenges include time-consuming administrative tasks, the need for seamless communication across…
Leveraging Instagram Threads for the Travel and Hospitality Industry
The social media landscape is continuously evolving, and the latest entrant, Instagram Threads, is making waves. With its rapid growth and unique features, it presents a new opportunity for industries to connect with their audience. One such industry that can significantly benefit from this platform is the hospitality and travel sector. What are Instagram Threads? Instagram Threads is a spin-off from Instagram, focusing on text-based conversations. It allows users to log in with their Instagram account, share text updates, and join public discussions. The platform offers features similar to Twitter, such as replying and re-sharing posts, but with a higher…
RateGain Empowers Virgin Voyages with Rate Intelligence
New Delhi, June 27, 2023: RateGain Travel Technologies Limited (RateGain), the leading SaaS (Software as a Service) provider for travel and hospitality, announced today that it has been selected by the North American-headquartered, Virgin Voyages to provide comprehensive Cruise Rate Intelligence data. Virgin Voyages, an innovative cruise line co-owned by the Virgin Group and Bain Capital, is redefining sea travel for the modern traveler set to enhance its competitive edge with the deployment of RateGain’s advanced data analytics and connectivity solutions. With the global cruise industry on the road to recovery and an expected influx of passengers in the coming…