Tips & Best Practices for Hospitality & Travel Professionals | RateGain Blog

As per a recent report released by Indeed, job searches for roles in the hospitality and tourism sector have been on the rise since May, coinciding with the easing of lockdown measures across the country. Searches by job seekers saw a 30 per cent increase between May and August 2020. In these times of turmoil giving way to transformation, HR leaders have developed creative means like hackathons and other brainstorming sessions to stimulate creativity, innova...

COVID-19 has had deep and far-reaching impact on the tourism industry. And, while the world waits for a universally-safe vaccine, most businesses – especially hotels – are starting to plan for the future. How will consumer tastes change as a result of the pandemic? The “new guest” of the immediate post-COVID era will have different needs and expectations of their hotel stay. Property managers can start building services and amenities that meet the demands of the ...

The revenue management framework and the approach to pricing will have to unlearn and re-learn to adapt and deliver in the new realities. Restricted movements across the world due to the COVID-19 pandemic have severely affected the airline industry, making 2020 one of the worst years in its history since 9/11 attacks and 2008 global financial crisis combined. With an 85% decrease in global air travel, a report released by IATA recorded a loss of $84 billion in 2020 ...

With airlines in acute need of capital, revenue and pricing managers will need a change in their approach and working model in the new normal to reorient the airline revenue management framework Restricted movements across the world due to the COVID-19 pandemic have severely affected the airline industry, making 2020 one of the worst years in its history since 9/11 attacks and 2008 global financial crisis combined. With an 85% decrease in global air travel, a rep...

Donna Choate discovered a car rental subscription program by accident. She needed a new car, but she wanted to avoid the hassle of ownership — the auto loan, insurance and maintenance. Was there something that let her skip all of that? That's when Choate, a podcaster from Atlanta, heard about Hertz My Car, a new option that's billed as an alternative to vehicle ownership and leasing. For $1,100 a month, which includes the cost of the vehicle and basic insuranc...

EXCLUSIVE: New data suggests a widening red state/blue state travel divide America doesn't just vote along party lines. It travels on them, too. That's the conclusion of a controversial new study by RateGain, a software company that specializes in travel. It crunched hotel reservation data for Thanksgiving week and compared it to the same period a year ago. And what it found was surprising. The red state/blue state divide extends to travel — and it might do mor...

RateGain software helps businesses to stay competitive and capture business in these challenging times (Photo of Thessaloniki market by H Kakarouhas). News from travel technology: RateGain This week we look at the role of travel technology and how it can help organisations to win business and stay competitive in the post covid environment. We talk with Barcelona based Fritz Müller, Vice President of Enterprise Clients at RateGain. Thanks to their extensive data co...

Skift Global Recovery Index, which provides granular insights on travel and hospitality industry recovery, shows that currently, we stand at 42% recovery compared to last year. The recovery index is growing week-on-week, but it is still a long journey ahead. The COVID-19 pandemic has left the Travel and Hospitality industry in a state of disturbance, confusion, and uncertainty. The challenges faced by hoteliers are multi-faceted. In simple words, it can be put as to...

Efficient distribution is fundamental for the long-term health of your hotel chain. Getting each property’s inventory in front of the right guests at the right time at the right price means that you can convert more guests and enjoy profitable revenue management. Managing distribution efficiently requires a unique skill that combines a nuanced approach with a deft touch and a data-driven mind. It is a superpower really; the ability to tailor your distribution so ...