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

Improved Recovery in Mumbai and Delhi likely to help hotels open in September In the last update, we shared, we were hopeful of seeing a steady recovery in bookings and were certain that the government would allow hotels in the Delhi-NCR, Mumbai, and Bengaluru to operate. However the increase in cases in Bengaluru and the number of daily cases hovering around the 1000 mark in Delhi and Mumbai have made it difficult for the hospitality industry to make a strong case t...

The Indian hospitality industry is desperate for the revenge travel phenomenon to enter India. The sinister sounding term "Revenge Travel" gained momentum after people in China started travelling within the country to satiate their wanderlusting instincts amid the coronavirus travel bans. The Indian hospitality industry has been desperately awaiting for this phenomenon to happen in India and it remains to be seen, if or when it happens here. Here's what experts ...

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...

Although the fallout from COVID-19 has hit domestic travel hard, with the US Travel Association estimating $402 billion in cumulative losses since March, there is a silver lining in an increase in consumers wanting to travel locally. RateGain has found a 4x increase in staycations, in which consumers travel by car to a hotel located an average of two to four hours away, and expect this trend to continue into 2021. Hotels have a tremendous opportunity to capitalize o...

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 report ...

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...