OTAs help hotels sell more rooms to a wide-range of travelers from across the globe. They connect millions of travelers to hotels via online booking platforms every year, which is good for hotels. But, hoteliers feel the heat while paying out a huge sum of their earnings to them as commission charges. This surely impacts their profit margin. In this case, hotels must consider adopting various ways to get more direct bookings without paying commission to OTAs. Read MoreBy: Nandika UdupihillaPublished in: IDS Next
Showing posts with label Hotels. Show all posts
Showing posts with label Hotels. Show all posts
Thursday, 17 August 2017
Tuesday, 11 August 2015
Will millennials force hotels to menu price their services?
There’s a lot of buzz around “unbundling” – from cable packages to financial
services – driven by the demands of the notoriously budget-conscious
millennials. In fact, one-third of millennials say they would stand on an
airplane for a discount.
Indeed, the airline industry has proven that the strategy of unbundling can
be hugely successful. Ancillary revenue for airlines almost topped $50 billion
in 2014, the result of fees now collected on everything from baggage to extra
legroom.
Following the success of unbundling, airlines such as American and Lufthansa
have now begun to “re-bundle” their fees into “fare families.” These packages
come with a range of benefits and restrictions such as priority boarding,
different cancellation policies and opportunities to alter the itinerary. Read More
Published in: Tnooz
By: Gautam Lulla
There’s a lot of buzz around “unbundling” – from cable packages to financial services – driven by the demands of the notoriously budget-conscious millennials.
NB This is a guest article by Gautam Lulla, president of Travel Tripper.
In fact, one-third of millennials say they would stand on an airplane for a discount.
Indeed, the airline industry has proven that the strategy of unbundling can be hugely successful. Ancillary revenue for airlines almost topped $50 billion in 2014, the result of fees now collected on everything from baggage to extra legroom.
Following the success of unbundling, airlines such as American and Lufthansa have now begun to “re-bundle” their fees into “fare families.” These packages come with a range of benefits and restrictions such as priority boarding, different cancellation policies and opportunities to alter the itinerary.
- See more at: http://www.tnooz.com/article/will-millennials-force-hotels-down-the-menu-pricing-route/#sthash.bSMuO51P.dpuf
NB This is a guest article by Gautam Lulla, president of Travel Tripper.
In fact, one-third of millennials say they would stand on an airplane for a discount.
Indeed, the airline industry has proven that the strategy of unbundling can be hugely successful. Ancillary revenue for airlines almost topped $50 billion in 2014, the result of fees now collected on everything from baggage to extra legroom.
Following the success of unbundling, airlines such as American and Lufthansa have now begun to “re-bundle” their fees into “fare families.” These packages come with a range of benefits and restrictions such as priority boarding, different cancellation policies and opportunities to alter the itinerary.
- See more at: http://www.tnooz.com/article/will-millennials-force-hotels-down-the-menu-pricing-route/#sthash.bSMuO51P.dpuf
There’s a lot of buzz around “unbundling” – from cable packages to financial services – driven by the demands of the notoriously budget-conscious millennials.
NB This is a guest article by Gautam Lulla, president of Travel Tripper.
In fact, one-third of millennials say they would stand on an airplane for a discount.
Indeed, the airline industry has proven that the strategy of unbundling can be hugely successful. Ancillary revenue for airlines almost topped $50 billion in 2014, the result of fees now collected on everything from baggage to extra legroom.
Following the success of unbundling, airlines such as American and Lufthansa have now begun to “re-bundle” their fees into “fare families.” These packages come with a range of benefits and restrictions such as priority boarding, different cancellation policies and opportunities to alter the itinerary.
- See more at: http://www.tnooz.com/article/will-millennials-force-hotels-down-the-menu-pricing-route/#sthash.bSMuO51P.dpuf
NB This is a guest article by Gautam Lulla, president of Travel Tripper.
In fact, one-third of millennials say they would stand on an airplane for a discount.
Indeed, the airline industry has proven that the strategy of unbundling can be hugely successful. Ancillary revenue for airlines almost topped $50 billion in 2014, the result of fees now collected on everything from baggage to extra legroom.
Following the success of unbundling, airlines such as American and Lufthansa have now begun to “re-bundle” their fees into “fare families.” These packages come with a range of benefits and restrictions such as priority boarding, different cancellation policies and opportunities to alter the itinerary.
- See more at: http://www.tnooz.com/article/will-millennials-force-hotels-down-the-menu-pricing-route/#sthash.bSMuO51P.dpuf
Thursday, 7 May 2015
Why Choose Hotel Software from IDS Next?
Hotels, resorts and other hospitality properties undertake numerous complex and diversified operations as part of their day to day activity. All these tasks need to be executed in a synchronized manner to ensure better productivity at the hotel. Ensuring that operations across departments are running in a coordinated manner necessitates a smart and robust Hotel Property Management System (PMS).
IDS Next’s Hotel ERP is one of the best hotel software available globally. Over 3500 hotels in 40 countries use its Hotel ERP. Let us hear it from Mr. Kamatchi Nathan, Regional Sales Manager, South about why hoteliers should adopt IDS Next’s hotel management software to ensure smooth hotel operations.
You might be already using a property management system (PMS) but is that an all-in-one integrated hotel ERP? IDS Next enterprise class solution consists of 12 modules seamlessly integrated so that there is a single look and feel across the hotel departments. Since the software runs on a single database, data is also shared across departments. Making your hotel ERP more robust is a large number of software and hardware interfaces to a host of third party solutions. Read More
Published in: IDS Next Blog
By: Myra Allen
Monday, 2 June 2014
Is Your Hotel Safe from Hackers?
The
PA DSS Standard is an internationally recognized enforceable set of guidelines
that requires all organizations and businesses including hotels, that processes
or all type of payment cards. The primary objective of adopting this standard
is to protect guests’ or customers’ payment card details from being stolen or
compromised by hackers. Interestingly, for hotels, neither the size nor the number
of transactions happening through payment card processing can determine whether
a hotel should adopt PA DSS Certified ERP Software or not.
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