This year's edition of Supranational Hotels Conference took place at County Hall Park Plaza, London last week. The event meant exclusively for Supranational members offers them the opportunity to network with peers and leading industry figures, participate in seminars on key industry topics and conduct one-to-one meetings with invited consortia and corporate clients.
Chaired by its Managing Director, Cho Wong, the conference witnessed interesting discussions on various topics including Total Revenue Management, Outlook on Corporate Travel, Reputation Management and Corporate RFP.
Michael McCartan, CEO, eRevMax, one of the speakers at the conference, took the opportunity to announce RateTiger's selection as the preferred supplier and Channel Manager of Choice by Supranational Hotels.
He presented on The Distribution Landscape in 2013 - outlining the impact online travel has on total hotel bookings. Today, one in six travelers prefer to book online. They visit between 17 - 20 websites and check reviews before finalizing accommodation. Hotels need to ensure they are visible at every important touch point to get customer's attention. However given the wide variety of channels it is difficult for them to identify the best demand generators from among the ever expanding channel universe.
Further, more channels mean more updates. The only way out is leveraging technology to automate distribution and avoid getting tangled in the channel-web. By utilizing a smart channel manager, hotels can collect and access the multitude of data in their systems to analyze rates, market pricing trends, competitor selling activities, historical and trend information to achieve the best possible room rates from the most desired guests.
Michael shared suggestions and examples on how to drive direct online bookings and how hotels can optimize product value through innovative room packages, new promotions and better positioning across different online distribution channels. The idea was to help hotels deal with the distribution challenge efficiently!
The conference was followed by interactive sessions where I got a chance to speak to member hotels about managing distribution and optimizing revenue strategy through RateTiger solutions.
Cristina Blaj is Sales Manager - UK, Ireland and Scandinavia at eRevMax and has gained extensive experience in the hospitality industry. She is based out of London and can be reached at email@example.com