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OTA Insight books $80M for its hospitality business intelligence tools, used by 55K hotel properties globally

TechCrunch

Now, OTA Insight — a company that builds business intelligence tools for one of the key sectors in that space, hotels — is announcing a round of funding as it too picks up more business on the upswing. They saw that there had to be a better way of managing that. .

Hotels 224
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Metasearch in Hospitality: an Overview of Hotel Search Engines

Altexsoft

In April 2020, the hotel occupancy in the US dropped to its lowest level ever — the bewildering 24.5 The annual average was roughly 44 percent, which means that more than half of hotel rooms were empty during the whole year. This means a hotel is charged every time the ad is clicked and redirection occurs.

Hotels 119
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Hotel Online Payments: How and Why to Transform Your Payment Process

Altexsoft

Let’s be honest, for many hotels, payment functionality is not a priority. But if you work in the hospitality business, you must have noticed that the way people book and pay for hotels has changed, especially since the start of the pandemic. Hotel payments challenges. It works and that’s what matters, right?

Hotels 52
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PMS API Data for Third-Party Apps: How to Become an Integration Partner of Leading PMSs

Altexsoft

That’s why most hotel management systems today are open to partnerships with independent software vendors to easily expand their capabilities and satisfy clients. Mews integration – simple approval and certification Mews is another popular PMS used by over 3,000 hotels, hostels, and vacation rentals, including Accor.

Hotels 52
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Sustainable Travel: Opportunities Digital Technology Provides for a Greener Business

Altexsoft

It means that people want to travel responsibly, so hotels, airlines, and tour companies have to keep up and satisfy their customers (and attract new ones). Sustainability in hotels and hospitality industry. To learn more about IoT, automation, and other smart hotel technologies, check our recent post. Here are some examples.

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OTA Rates and Building ?ommission Engine: Best Practices and Lessons Learnt

Altexsoft

They help hotels, airlines, car rental services, and other suppliers sell inventory to end customers — and charge fees for this mediation. Though the business scheme is quite straightforward, the same can’t be said for the financial calculations behind it. A big effort needs to be put into setting and finetuning profitable prices.

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RapidValue Shortlisted as a Finalist in the 2020 European IT & Software Excellence Awards

RapidValue

The winners will be announced at the European IT & Software Excellence 2020 Awards Dinner at the Royal Garden Hotel on 19th March 2020. Roshmin Nair, Senior Manager- Business Development, RapidValue, will be attending the event. A total of 96 solution providers, 35 ISVs and 73 suppliers from 27 countries have made into the finals.