Trends in Revenue Management

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You Cannot Afford To Miss

Trends in Revenue Management

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Introduction With increasing costs, keeping up with the latest revenue management trends is the order of the day

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Let’s get an insight of what we think you should consider before devising your

Revenue Strategy

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Mobile enabled websites and applications to gain popularity among hoteliers

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By 2015, about 28% of all online travel bookings will be made through Smartphone

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OTA’s will emerge STRONGER than before

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Bookings generatedby OTAs 13.6%

35.5%Rise in OTA bookings (Q3 2013)

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Search engines, led by

Google Hotel Finder, are expected to push more into online travel

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13%Increase in traffic to meta search sites

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Technology companies to interface increasingly with one another

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» Property Management System» Central Reservation System» Revenue management system» Global Distribution System» Online Travel Agents» Channel Managers

All to interface

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Monitoring reviews, comments and content across all channels to become more important

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72% consumers trust online reviews as much as personal recommendations

58% of consumers trust a business that has positive online reviews

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More investments in SEO and SEM by hotels to leverage the ‘Billboard Effect’

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will be the social network for SEO growth during 2014 – evolving into Google Carousel, local searches and Google Now.

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YouThank

UK Sales Office:eRevMax Ltd.28 Leman StreetLondon E18ER, United Kingdom

Tel: +44 (0) 20 7422 7528Fax: +44 (0) 44 (0) 20 7265 5100E-mail: [email protected]

US Sales Office:eRevMax Inc.

37 North Orange Avenue, Suite 500Orlando, Florida 32801, U.S.A

Tel: +1 (321) 251 6559

Fax: +1 (321) 206 8630 E-mail: [email protected]

Visit us at www.erevmax.com

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