distribution
Booking Holdings Beats Quarterly Profit Estimates on Healthy International Travel
October 31, 2024
(Reuters) - Online travel agency Booking Holdings beat analysts' expectations for third-quarter profit and revenue on Wednesday, as resilient demand for international travel offset the weakness in domestic travel in the U.S. and China. Shares of the company rose 4.3% after the bell. International travel demand in Europe and many Asian countries has remained steady, making up for the domestic travel slump in the U.S. and China as consumer spending falls amid macroeconomic difficulties. "We are pleased to report third-quarter room night growth of 8%, which exceeded our prior expectations, driven primarily by stronger performance in Eur...
Herbert Park Hotel and Park Residence Increases Direct Bookings and Revenue With P3 Custom Booking Engine
P3 Hotel Software | October 29, 2024
P3's customizable booking engine boosted the luxury hotel’s revenue by 47% and reduced reliance on Online Travel Agencies. October 29 2024 — Dublin & Denver — P3 Hotel Software, a leading innovator in hotel booking solutions, has announced that Herbert Park Hotel and Park Residence, a renowned four-star boutique in the heart of Dublin, has achieved significant boosts in revenue and direct bookings by implementing P3's Custom Booking Engine. The hotel has seen a 47% increase in booking engine revenue within the first 11 months of using P3's system, alongside improving its operational efficiency and guest experience. The shift h...
How Hotels Are Displaying Resort Fees in the Wake of CA’s Junk Fee Law
Genevieve Horchler | October 1, 2024
Not sure how to present resort or amenity fees on your booking engine? See concrete examples of how other hotels are adapting to the hospitality industry's new pricing regulations. By Genevieve Horchler In July 2024, the California Junk Fee Law was passed with the goal of eliminating the confusion surrounding hidden fees in the hospitality industry. This legislation requires hotels and other hospitality players to provide transparent pricing upfront, with mandatory add-ons like resort fees included in the advertised price. While hotels now need to show resort fees upfront, that doesn’t mean there’s only one way to do so. We too...
Cloudbeds and Mirai Join Forces To Transform Hotel Distribution and Marketing
Cloudbeds | October 1, 2024
San Diego, CA – Cloudbeds, the premier hospitality management software platform, and Mirai, a leader in hotel distribution technology and direct booking optimization, have today announced a strategic partnership aimed at transforming how hotels manage bookings, distribution, and marketing. The agreement will provide joint customers with advanced tools to optimize their direct bookings, streamline their operations, and expand their digital marketing efforts. By integrating Cloudbeds’ property management system (PMS) with Mirai’s technology, Cloudbeds properties will gain access to Mirai’s robust distribution network and powerful ...
Cloudbeds Appoints Marta Perez to Spearhead Sales Growth in the Americas
Cloudbeds | September 18, 2024
San Diego, CA – Cloudbeds, the innovative leader in hospitality management technology, has appointed former SiteMinder and Triptease executive Marta Perez as its new Senior Director of Sales to spearhead its growth strategy across key markets. Based in New York, Perez will oversee Cloudbeds’ sales strategies in North and Latin America, as the company expands its presence in the mid-market and enterprise segments. With more than 15 years of expertise in hospitality revenue management and technology, she brings a proven track record from leadership roles at SiteMinder and Triptease. Marta Perez, Senior Director of Sales at Cloudbeds, ...
SiteMinder Pioneers Mobile-First Intelligence, Partners With IDeaS to Make Dynamic Revenue Management Accessible to All Hotels
SiteMinder Limited | September 17, 2024
MINNEAPOLIS, Sept. 17, 2024 – SiteMinder, the world’s leading hotel distribution and revenue platform, is heralding a new era of revenue management for hotels with the unveiling of ‘Dynamic Revenue Plus,’ the only solution for hotels to both access live market intelligence and take immediate action on their bookable inventory, pricing, and distribution strategy. Unlike revenue management systems that have traditionally been accessible to a limited number of hotels, the dual capability within Dynamic Revenue Plus means any hotel can, for the first time, use one mobile-first system to optimize its revenue based on market demand. Dynami...
How To Turn Inbound Reservations Inquiries Into Proactive, Outbound, Reservations Sales Leads
Doug Kennedy | September 5, 2024
Complimentary Registration Now Open For Doug Kennedy’s Next Webcast! Sponsored By Travel Outlook and Track Hospitality Software Register your team and participate live, or view the recording, of Doug Kennedy’s next 40-minute training webcast scheduled for Friday, September 20, from Noon – 12:45 pm EST. REGISTER HERE “Many leaders tend to think the role of reservations agents is simply to field inbound calls, answer questions, and book those who are not techno-savvy enough to book online,” said KTN President Doug Kennedy. “Yet when you monitor the cloud-based phone logs at resorts, vacation rental companies, and luxury hotels ...
Cloudbeds Welcomes AI and Machine Learning Pioneers To Revolutionize Hospitality Technology
Cloudbeds | August 13, 2024
San Diego, CA – Cloudbeds, the innovative leader in hospitality management technology, today announced the strategic hiring of AI visionaries Amit Popat, Head of Machine Learning, and Nikhil Shah, Head of Data Science. This move marks a significant investment in artificial intelligence by Cloudbeds, aimed at developing unparalleled applications for the hotel industry and ushering in a new era of what’s possible for hoteliers. Leveraging over a decade of rich, comprehensive data from Cloudbeds’ industry-leading hospitality platform, this step toward integrating intelligence and machine learning into the platform will empower hotelie...
