SiteMinder and IDeaS: A New Era of Revenue Management for Hotels SiteMinder, a leading hotel distribution and revenue platform, has unveiled Dynamic Revenue Plus, a revolutionary solution offering hoteliers unprecedented access to live market intelligence and the ability to act immediately on pricing, bookable inventory, and distribution strategy. This innovation marks a significant leap forward, […]

A U.S. district judge ruled that Google illegally used its market power to create a monopoly over online search, a decision that could significantly impact various industries, including travel. The top four online travel agencies spent $16.8 billion on sales and marketing last year, much of which went to Google. Travel companies have long complained […]

Key Impacts on Hotel Revenue Management The travel industry is undergoing a transformation with the introduction of advanced AI capabilities by major players like Google and Expedia. These developments promise to significantly impact the hotel distribution landscape and revenue management strategies. Here are three key findings relevant to our business: 1. Enhanced Trip Planning and […]

In 2023, online travel agencies (OTAs) witnessed a surge in marketing expenditures, indicative of the fierce competition to secure bookings amidst the lingering effects of the pandemic. Expedia Group, Booking Holdings, Airbnb, and Trip.com Group collectively spent a staggering $16.8 billion on sales and marketing, representing a 20% increase from the previous year’s $14 billion. […]

Amazon’s presence in the travel industry goes beyond its traditional online retail expertise. While the company is not directly selling travel packages, its subsidiary AWS is making waves in the travel industry by providing innovative cloud computing solutions. In the second quarter, AWS revenue grew by 12% year-over-year to $22.1 billion, contributing 70% of Amazon’s […]

APAC Travel Confidence Index 2023 Reveals Optimism Among Singaporean Travelers Singaporean travelers remain confident and optimistic about their travel plans, according to the recently released APAC Travel Confidence Index 2023. Conducted by Milieu Insight and commissioned by Booking.com, this comprehensive study provides insights into the travel mindset of Singaporean travelers and their preferences for meaningful […]

Should Phuke Follow Penang’s Lead in Regulating Short-Term Rentals? Recently, the Malaysian island of Penang made headlines by implementing a ban on short-term rentals. The move has sparked a debate about whether other popular tourist destinations, like Thailand’s Phuket Island, should follow suit and introduce similar regulations. In this blog post, we will explore the […]

How ChatGPT Can Revolutionize Travel Retailing Artificial intelligence has been a powerful tool for stakeholders in the travel industry for many years. But it didn’t seem to capture everyone’s attention until OpenAI launched ChatGPT on 30th November 2022. And now, everyone around the world is recognizing the incredible capabilities these tools have- from writing essays […]

Over the past two years, words such as ‘recession’ and ‘slowdown’ have become pretty common. As business confidence wobbles, there’s been a significant volatility increase in capital markets. And not long after surviving disruptions such as low occupancy as a result of the global pandemic, the revenue manager is now dealing with fragility in financial […]

Economists Have Warned That the Current Economic Conditions Show Asia Isn’t Always Resilient Like any other part of the world, Asia faces economic crises. But Asia has always stood out for its ability to bounce back from economic crisis quickly. However, last week in Singapore at the (HICAP) Hotel Investment Conference Asia-Pacific, Arup Raha, a […]