An overview of the impact that Big Data, the demise of rate parity and the personalization of hospitality through the sharing economy have on traditional hotel industry distribution. Presentation by Robert Cole of RockCheetah for the Distribution Super Session at the Hospitality Finance and Technology Professionals 2014 HITEC Conference held Tuesday, June 24, 2014 at the Los Angeles Convention Center in Los Angeles, California.
Getting Rev’ved Up About Hotel Rate Parity
WIth the United Kingdom Office of Fair Trading deciding that hotel rate parity (resale price maintenance) policies must be abolished, the global travel industry must now prepare for a seismic shift in the balance of power between online travel agencies (OTAs), hotel brands and individual hotel properties. It’s a shame that British regulators got it completely wrong.
VFM Leonardo Webinar – Benefits of Marketing on Online Travel Agencies
Robert Cole was invited by VFM Leonardo to participate in a webinar covering the benefits of marketing to OTAs and specifically how to The session was held online on September 25, 2013. It was stressed that the focus should be on business and marketing objectives and not solely the technologies.
Google Redesigns Hotel Search with Big Integration
Google’s hotel search has to balance the needs of hotels, online travel agents, travelers and advertisers. By updating their hotel search, Google has certainly won more fans from the hotel community, but has not alienated advertisers – especially the OTAs. Their trick was to unify hotel search with other forms of local search and to smartly focus on the needs of the consumer.
Valuable Lessons from Farrell’s Ice Cream Parlours
Bob Farrell and his eponymous Farrell’s Ice Cream Parlours created a legendary brand that was known for its birthday party and special occasion celebrations enjoyed by children, their parents and grandparents alike. Farrell’s secret? He ran the operation like a bar for kids. A concept that was lost after the business was acquired.