Playa Hotels & Resorts just recently celebrated its 10th anniversary with a big event in Cancun.
25.08.2023 - 13:39 / skift.com / Saniya Zanpure / Skift Research
Guests have an abundance of channels to choose from when making a hotel reservation. Companies finding the optimal mix in this vast channel landscape is the goal of any good hotel distribution strategy. As the number of booking options multiply, it only makes fighting off the competition more complex. Most large hotel chains use Central Reservation Systems (CRSs) to have a central source for all hotel reservations, and to tackle reservation-related challenges.
Our new Skift Research Report gives an overview of what this technology brings to the table, and how it ties the hotel ecosystem together. CRSs have the potential to generate $1.3 billion in annual revenues.
The total market share of CRSs is concentrated around the top 10 vendors. Global Distribution System (GDS) players such as Amadeus and Sabre offer the most popular CRSs.
This is the latest in a series of reports and data products that Skift Research puts out. The Hotel Tech Benchmark is a data product exclusively available to our Research subscribers, offering insights in market sizes, revenue streams, and vendor landscapes for the major hotel tech categories.
After you subscribe to Skift Research you will gain access to our entire vault of reports conducted on topics ranging from technology to marketing strategy to deep dives on key travel brands. You will also be able to access our proprietary Skift Travel Health Index and Skift Health Score data and reports.
The abundance of hotel booking channels calls for a tech-enabled distribution strategy. Central Reservation Systems help manage rates and availability across multiple booking channels and have the potential to become a $1.3 billion tech category.
Playa Hotels & Resorts just recently celebrated its 10th anniversary with a big event in Cancun.
A woman found the missing Chihuahua, who was lost for three weeks after being separated from her owner at Hartsfield-Jackson Atlanta International Airport, on Saturday.
In the world of short-term rentals, there are many ways people can book a stay. Offline bookings continue to make up a significant chunk of the market, albeit a declining one, and there are many niche online booking platforms, as highlighted in our Skift Short-Term Rental 250 map.
These days, the hotel world is abuzz with “sleep tourism,” a clever albeit trendy marketing term used to describe programming that extends beyond blackout curtains and soft, plush bedding. A 2016 study in the Current Biology journal expands on the “first-night effect” in human sleep research — stating that new environments often cause tossing and turning. So, then what’s a weary traveler to do while — trying— to sleep in New York City (aka the city that never sleeps)?
Santorini is breathtakingly beautiful. The picturesque Greek island is built on the remains of a volcanic caldera in the Aegean Sea. It’s known for its stunning white-washed towns, breathtaking views, and amazing sunsets that light up the caldera. The crimson evening sky is so well-known it’s one of the most photographed places in the world.
Chiang Mai is an excellent destination for anyone looking to experience the beauty and culture of Thailand. Located in Northern Thailand, it offers visitors a unique blend of history, nature, and modern lifestyle — not to mention incredible cuisine. Whether you’re seeking adventure or relaxation, Chiang Mai has something for everyone. With its ancient temples, beautiful natural surroundings, and vibrant nightlife, it’s easy to see why this city is both a digital nomad hotspot and an essential part of any Thailand travel itinerary.
Cricket is the most popular sport in India and has a huge fan base. Beyond just being a sport, it is deeply embedded in the nation’s culture, evoking intense emotions from the masses over the victories and losses of their favorite teams: 90% of the global cricket fandom consists of Indians, highlighting the cricket craze in the country.
Skift Research produces a wide range of reports and data tools. The big trends in the industry guide us in choosing the topics we cover, and our readers, through their reading and feedback, tell us which reports and topics hit the mark in 2022.
Good morning from Skift. It’s Friday, December 30, and here’s what you need to know about the business of travel today.
Good morning from Skift. It’s Tuesday, January 24. Here’s what you need to know about the business of travel today.
Online guest reviews on public platforms such as TripAdvisor, Booking.com, Expedia, Google, and so on disrupted the traditional comment card surveys that were once a popular mode of capturing guest feedback in hotels. Reputation and review management software facilitates quantifying of guest satisfaction and identification of areas of improvement which has made adoption of this tech solution imperative for hotels.
The Skift Travel Health Index is up to 89 points in January 2023, falling only short 11 percentage points from January 2019 travel performance levels. The January score is the highest achieved since the onset of the pandemic. With growing travel demand, we expect 2023 to be a powerful year for the travel sector.