The recovery of international hotel bookings to pre-pandemic levels slowed down during the last quarter of 2022 in both the US and Europe according to Hotel Hub, the leading hotel technology solution provider for TMCs and their corporate customers.
The latest HotelHub Index for Q4 2022 showed that international hotel bookings from the US decreased steadily over the quarter from 16% of total volumes at the end of Q3 to 13.5% in December 2022.
The return to international travel continued steadily over the last quarter, particularly within Europe, and booking lead times are now on a par with pre-Covid trends, according to HotelHub, the leading hotel technology solution provider for TMCs and their corporate customers.
The latest HotelHub Index for Q3 2022 showed that by the end of September international hotel bookings from European markets were only one percent lower than pre-pandemic levels, having risen to 43% of all bookings (from 40% at the end of the previous quarter).
HotelHub, the leading hotel technology provider for TMCs and their corporate customers, has announced an agreement with Priceline’s strategic partnership business unit to provide connectivity to supply from across Priceline’s parent company, Booking Holdings, the world’s leading provider of online travel and related services.
Additionally, the partnership provides the foundation for a hotel booking tool for SME sized TMCs, giving them access to extensive hotel content and rates via a white label HotelHub booking platform powered by Priceline.
Corporate Traveller, the specialist global travel management company for start-ups and mid-market businesses has partnered with HotelHub to deliver a next generation hotel booking solution within Melon, the TMC’s innovative new digital platform.
The solution has already been implemented for Corporate Traveller’s consultants and clients using Melon in the US and Canada.
Hotel bookings have surpassed pre-pandemic levels according to HotelHub, the leading hotel technology solution provider for TMCs and their corporate customers.
The latest HotelHub Index for Q2 2022 shows that global hotel transactions made via the platform in June reached 120 per cent of volumes for the same month in 2019, rising from 86% of 2019 volumes at the start of the quarter. US hotel bookings via HotelHub finished the second quarter at 153% of June 2019 levels. European hotel bookings began Q2 at 80% of April 2019 volumes, but rose to 108% by the end of June 2022.
HotelHub, the leading hotel technology solution provider for TMCs and their corporate customers has revealed that recovery in the hotel sector is well underway and bookings via the platform are likely to reach pre-pandemic levels ahead of previous forecasts.
According to the latest HotelHub Index for Q1 2022, global hotel transactions dropped in January to 45% of volumes for the same month in 2019, due to uncertainty caused by the Omicron variant (after climbing to 61% at the end of the previous quarter). However, this figure leapt to 87% of 2019 volumes in March.
Corporate buyers and travel management companies can expect to see a surge in the use of virtual cards to pay for hotel accommodation after Strong Customer Authentication (SCA) is enforced on 14th March as part of the EU’s Payment Services Directive (PSD2),
according to HotelHub, the leading hotel technology solution in the corporate sector.
The practicalities of SCA in the business travel environment will also mean travel arrangers are likely to move away from using online booking tools for hotel transactions and instead contact their TMC to make the booking offline, HotelHub forecasts.
HotelHub, the leading hotel technology solution provider for TMCs and their corporate customers has revealed that global transactions continued to climb in the final quarter of 2021,
giving cause for optimism that bookings made via the platform will reach pre-pandemic levels before the end of this year.
According to the latest HotelHub Index, total hotel transactions globally in December 2021 had reached 61 per cent of volumes for the same month in 2019 and more than double for December in 2020.
HotelHub is all set to support TMCs, online booking agents, OBT providers and corporates with the implementation of Strong Customer Authentication (SCA) as part of the EU’s revised Payment Services Directive (PSD2).
As the leading hotel technology solution in the corporate sector, HotelHub has already undertaken key developments to its web-based agent booking platform, which includes its API connection used by the business travel industry’s OBTs, to facilitate PSD2 compliance.
What Is Strong Customer Authentication?
SCA is a new set of rules that changes how credit and debit card holders confirm their identity when making online purchases to help protect them from fraud.
HotelHub, the leading hotel technology solution provider for TMCs and their corporate customers has launched Rate Optimiser.
Using advanced machine learning Rate Optimiser monitors current bookings in line with the corporate’s preferences and automatically re-shops for better hotel rates by scanning through multiple supplier content. However, unlike other tracker tools in the market, in addition to shopping for lower prices, HotelHub Rate Optimiser also allows the TMC or corporate to set search parameters based on better hotel amenities, room type, downgrade savings, upgrades for...
HotelHub is proud to be ranked as one of the top innovators and innovations that are shaking up the business travel industry. Our ground-breaking HotelHub agency booking platform and self-booking tool has garnered a place on The Business Travel Magazine’s 2021 Top Tech Hotlist.
HotelHub, the leading hotel technology solution provider for Travel Management Companies (TMCs), has expanded its sales and marketing team with the appointment of Rob Joines as Business Development Manager and Andrew Harreiter as Head of Marketing.
HotelHub, the global hotel booking technology specialist, has announced a new partnership with The Business Travel Association (BTA), the UK’s representative body for the business travel sector.
HotelHub’s cutting-edge solution has been designed specifically to give TMCs unparalleled efficiencies, choice and automation of
corporate hotel bookings and is already the preferred hotel booking solution for some of the world’s leading TMCs, handling thousands of room-night bookings on a daily basis. The strategic alliance will enable the BTA’s TMC members and partners to gain valuable insight into optimising their hotel business strategy.
Clive Wratten, CEO of the BTA, said: “As the travel industry is finally able to move once more, it is crucial TMCs receive the support they deserve...
HotelHub, the leading hotel technology solution provider in the business travel sector, has renewed its multi-year global contract with CWT’s hotel distribution division, RoomIt. The agreement sees HotelHub, a partner of CWT’s since 2014, continue to support RoomIt in its delivery of innovative hotel solutions to market.
HotelHub is on the countdown to the prestigious 2021 Business Travel Europe Awards on 9th September in London, having been named a finalist for ‘Technology Innovation – Corporate Booking Platform’.
Flight Centre Travel Group has selected HotelHub, the leading hotel technology solution provider for Travel Management Companies (TMCs), to provide a seamless, global hotel booking and distribution solution for its global corporate brands.
As business travel reopens cautiously, we understand that it’s imperative to ensure that travellers are fully informed about the health and safety protocols maintained by hotels. The HotelHub API has been enhanced to indicate the newly added safety features.
HotelHub delivers value for TMCs by consolidating their GDS and non-GDS hotel content into a single platform. This enables TMCs access to over 2 million hotels with rates from multiple suppliers, including major OTAs. In addition, HotelHub offers over 500 payment profiles for billing, making it the top choice of TMCs worldwide.
Introducing the HotelHub HotelConnect app to help drive agent productivity by offering personalised hotel recommendations and complete a hotel booking in less than 10 seconds using the HotelHub single click booking feature whenever an overnight stay opportunity is detected in a traveller’s itinerary.
HotelHub Rate Optimiser is our latest product which dynamically tracks prices of hotel bookings and alerts users of better rates when available, including monitoring upgrade and downgrade options of bookings already made. The tool is seamlessly integrated with voice activated virtual assistants for hassle-free re-bookings.