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Trends in Revenue Management

You Cannot Afford To Miss

1
Introduction
Confidential & Proprietary

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

2
Let’s get an insight of what we
think you should consider
before devising your

Revenue Strategy

Confidential & Proprietary

3
Mobile enabled websites and
applications to gain popularity
among hoteliers

Confidential & Proprietary

4
2015

28% of all online travel bookings will be made

By
, about
through Smartphone

Confidential & Proprietary

5
OTA’s will emerge STRONGER than before

Confidential & Proprietary

6
13.6%

Bookings generated
by OTAs

Rise in OTA bookings
(Q3 2013)

Confidential & Proprietary

35.5%
7
Search engines, led by

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

Confidential & Proprietary

8
13%
Increase in traffic to meta search sites
Confidential & Proprietary

9
Technology companies to
interface increasingly with
one another

Confidential & Proprietary

10
»
»
»
»
»
»

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

All to interface
Confidential & Proprietary

11
Monitoring reviews, comments and
content across all channels to become
more important

Confidential & Proprietary

12
72%

consumers trust online reviews as much as personal
recommendations

58%

of consumers trust a business that has positive online

reviews
Confidential & Proprietary

13
More investments in SEO
and SEM by hotels to
leverage the ‘Billboard
Effect’

Confidential & Proprietary

14
will be the social network for SEO
growth during 2014 – evolving
into Google Carousel, local
searches and Google Now.
Confidential & Proprietary

15
Thank

You

US Sales Office:
eRevMax Inc.
37 North Orange Avenue, Suite 500
Orlando, Florida 32801, U.S.A

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

Tel: +1 (321) 251 6559
Fax: +1 (321) 206 8630
E-mail: usa@eevmax.com

Tel: +44 (0) 20 7422 7528
Fax: +44 (0) 44 (0) 20 7265 5100
E-mail: uk@erevmax.com

Visit us at www.erevmax.com

Confidential & Proprietary

16

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Trends in Revenue Management

  • 1. Trends in Revenue Management You Cannot Afford To Miss 1
  • 2. Introduction Confidential & Proprietary With increasing costs, keeping up with the latest revenue management trends is the order of the day 2
  • 3. Let’s get an insight of what we think you should consider before devising your Revenue Strategy Confidential & Proprietary 3
  • 4. Mobile enabled websites and applications to gain popularity among hoteliers Confidential & Proprietary 4
  • 5. 2015 28% of all online travel bookings will be made By , about through Smartphone Confidential & Proprietary 5
  • 6. OTA’s will emerge STRONGER than before Confidential & Proprietary 6
  • 7. 13.6% Bookings generated by OTAs Rise in OTA bookings (Q3 2013) Confidential & Proprietary 35.5% 7
  • 8. Search engines, led by Google Hotel Finder, are expected to push more into online travel Confidential & Proprietary 8
  • 9. 13% Increase in traffic to meta search sites Confidential & Proprietary 9
  • 10. Technology companies to interface increasingly with one another Confidential & Proprietary 10
  • 11. » » » » » » Property Management System Central Reservation System Revenue management system Global Distribution System Online Travel Agents Channel Managers All to interface Confidential & Proprietary 11
  • 12. Monitoring reviews, comments and content across all channels to become more important Confidential & Proprietary 12
  • 13. 72% consumers trust online reviews as much as personal recommendations 58% of consumers trust a business that has positive online reviews Confidential & Proprietary 13
  • 14. More investments in SEO and SEM by hotels to leverage the ‘Billboard Effect’ Confidential & Proprietary 14
  • 15. will be the social network for SEO growth during 2014 – evolving into Google Carousel, local searches and Google Now. Confidential & Proprietary 15
  • 16. Thank You US Sales Office: eRevMax Inc. 37 North Orange Avenue, Suite 500 Orlando, Florida 32801, U.S.A UK Sales Office: eRevMax Ltd. 28 Leman Street London E18ER, United Kingdom Tel: +1 (321) 251 6559 Fax: +1 (321) 206 8630 E-mail: usa@eevmax.com Tel: +44 (0) 20 7422 7528 Fax: +44 (0) 44 (0) 20 7265 5100 E-mail: uk@erevmax.com Visit us at www.erevmax.com Confidential & Proprietary 16