Oakwood has signed a new strategic partnership with TravelClick, which is owned by Amadeus.
Oakwood hopes the deal will place it at the forefront of online booking capability, enabling seamless integration with mainstream travel and online booking platforms as well as travel management platforms.
The revamped platform will allow consumers and business travelers alike to book immediately online – a major shift in preferences in a rapidly-changing industry.
“The new, strategic partnership between Oakwood and TravelClick is truly significant in its potential to transform access and availability to furnished and serviced apartments and is an important next step in our long-term technology initiative,” said Chris Ahearn, chief executive officer, Oakwood.
Read more at Breaking Travel News
Continued Rapid Expansion of Demand360® International Data Providers Helps Hotels Gain Their Fair Share of Bookings
NEW YORK – November 14, 2018 – TravelClick, an Amadeus company, today announced NH Hotel Group, a world-leading urban hotel operator with close to 400 hotels and nearly 60,000 rooms in 30 markets, joined TravelClick’s Demand360® program, a Hotelligence360® solution. This marks the continued rapid expansion of TravelClick’s Demand360 program, which gives hoteliers unique access to forward-looking demand data and allows hoteliers to develop optimal strategies for maximizing revenue.
Amadeus's presence in the hospitality sector has grown following the purchase of TravelClick for $1.52 billion in August.
"Hospitality IT offers a $7 billion addressable market that we believe offers tremendous potential for Amadeus and we regard as a strategic priority for growth," said Francisco Perez-Lozao, SVP of hospitality, Amadeus. "TravelClick brings us a portfolio of powerful products, complementary to our own; access to the strategically important mid-chain and independent market; and a global team with great expertise and experience, especially in sales and account management.
The growth is expected to continue through 2018, but 2019 may see slowing
By Ed Brock
NORTH AMERICAN HOTELS are seeing stable ADR and bookings across all travel segments as they enter the second half of 2018, according to travel data research company TravelClick’s August 2018 North American Hospitality Review. ADR increased 1.8 percent in the third quarter compared to the same time last year and bookings rose 0.51 percent.
The second half of 2018 has experienced stable rates and bookings across all travel segments—up 1.80 percent in average daily rates (ADR) and 0.51 percent in bookings in the third quarter when compared to the prior year, according to TravelClick’s August 2018 North American Hospitality Review (NAHR). Group travel in Q3 is also up 1.81 percent in ADR and 0.50 percent in bookings, and the transient segment overall is up 1.80 percent in ADR and 0.52 percent in bookings in the same time period.
KATIE MORO, REGIONAL VP, DEMAND360 PARTNERSHIPS, TRAVELCLICK
Revenue management isn’t a topic that excites the majority of people, but TravelClick’s Katie Moro is the exception. Ten years after joining TravelClick as the first person hired to sell the Demand360 product, she still is “super passionate” about the topic. “The fact that I’m excited about it 10 years later, it definitely comes through,” she said. “When I’m on the phone with customers and I’m even just showing the product, I get so excited about what it can do for the hoteliers that it really shines through.”
Why Direct Booking Maximizes Data, Loyalty, and Profits
By Ellen Meyer
As hotels struggle with rising costs, many are redoubling efforts to have customers book direct to cut out not only the fees associated with OTAs, but also the relationships OTAs are able to form and leverage with the customers who are loyal to them.
TravelClick, a global provider of data and revenue-generating solutions for hoteliers, announced Scenic Hotel Group, New Zealand’s largest locally owned hotel group, has adopted TravelClick’s award-winning iHotelier Booking Engine 4.0, part of TravelClick’s Central Reservations System (CRS).
e-Global Travel Media - Mangalis Hotel Group Adopts TravelClick’s Leading Reservations, Web and Media Solutions
TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, today announced that Mangalis Hotel Group, the African-born hospitality group with its dynamic innovative brands Noom Hotels, Seen Hotels and Yaas Hotels, has selected TravelClick’s award-winning Reservations (iHotelier®), Web and Media Solutions to drive more revenue and maximize direct bookings as Mangalis continues its rapid expansion across Africa.