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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. .

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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. The hospitality industry was among those that suffered the most because of the COVID-19 pandemic.

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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?

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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. Their marketplace of integrations include marketing, transportation, door locks, accounting, point of sale, communication, and more vendors operating in a ton of countries.

Hotels 52
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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. Understanding marketing in travel.

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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. Click here to view the full list of finalists. About IT Europa.

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Vacation Rental Revenue Management: Dynamic Pricing Tools by Beyond, PriceLabs, Airbnb, Vrbo, and More

Altexsoft

From sharing a corner in your living room with an air mattress to running a whole hotel-like operation with multiple properties, alternative accommodation hosts today can make bank. Hotels want to be like Airbnbs, investing in unique, homey properties where people come to live, rest, and work. Hotels and vacation rentals, compared.

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