hotel rate shopping
What’s Happening with Rate Parity in the Hotel Industry?
trivago Hotel Manager Blog | October 24, 2017
Recent developments in legislation throughout the world have made rate parity an important topic in the hospitality industry. But despite its frequent appearance in the news, rate parity remains a complicated issue, and one that takes a different form from one market to the next. To understand what exactly is happening with rate parity in the greater hotel industry, our researchers examined it on a global scale. Presented here, their findings offer a comprehensive look at rate parity from its origins to its current legal status in countries around the world. What is rate parity? Rate parity is a legal agreement between hotels and online...
Rainmaker Expands Reach in Asia-Pacific with ONYX Hospitality Group Partnership
Rainmaker | January 21, 2016
ATLANTA – Jan. 21, 2016 – With the addition of ONYX Hospitality Group to its customer base, The Rainmaker Group continues to strengthen its position in the Asia-Pacific marketplace. A leading international hospitality provider, ONYX has made the switch to Rainmaker's competitive rate shopping tool, Revcaster, citing the solution's functionality, the support it provides in generating incremental revenue, and the responsiveness of the Rainmaker team among the reasons for its choice. Revcaster's ability to work with an extensive number of regional channels was also a key factor in ONYX's decision. "The most critical element for...
Hotels are Now Much Less Likely to Lose Direct Customers to OTAs
Regatta Travel Solutions | June 16, 2015
Charlottesville, Virginia (June 16, 2015) - Potential guests booking their rooms directly on the hotel's website are now much less likely to abandon the check-out screen and book with an OTA, thanks to new functionality available through the hotel booking engine provided by Regatta Travel Solutions. Through an integration with Triptease, Regatta can now show the potential guest the rates available on OTA sites throughout the booking process and on the check-out screen, eliminating doubt from the customer's mind about whether they will find a better rate elsewhere. "The best part about this tool is that if a lower rate is available on a...
Destination Hotels Taps Revcaster for Rate Shopping Tools
Revcaster | February 11, 2015
Same Day Comp-Set Rate Visibility Drives Optimized Rates and OTA Parity Across Destination Hotels Portfolio PORTLAND, OR - February 11, 2015 - Destination Hotels announces the implementation of Revcaster's rate shopping tools. Destination Hotels (Destination) is the largest operator of independent hotels and resorts in North America and is consistently ranked by Hotel Business as one of the top ten hospitality and property management companies in the country. Revcaster maximizes ADR based on same-day competitive rate information for Destination and establishes rate parity across OTA channels. Revcaster is the trusted leader in flexible,...
