Month: July 2024

A hotel’s ranking can significantly impact its success in the dynamic and fiercely competitive world of online travel agencies (OTAs). A high ranking means better visibility, more bookings, and increased revenue. This is where RateTiger Channel Manager comes into play.  

Let’s explore how utilizing RateTiger can influence and enhance your OTA rankings. 

Streamlined Inventory and Rate Management 

One of the fundamental aspects of OTA rankings is the consistent availability of inventory and the competitiveness of rates. RateTiger enables hoteliers to manage room inventory and rates across multiple OTAs from a single interface. This synchronization ensures that your rooms are always available and priced appropriately, reducing the risks of overbooking or rate disparities that could negatively affect your rankings. 

Real-Time Rate Adjustments 

OTAs prefer properties that offer dynamic pricing to match market demands. RateTiger’s real-time rate update feature allows hotels to adjust their rates swiftly in response to market trends, competitor pricing, and demand fluctuations. This flexibility attracts more bookings and signals to OTAs that your property is actively managed, which can positively influence your ranking. 

Maintaining Rate Parity 

Maintaining rate parity is crucial for maintaining good relationships with OTAs. Any rate discrepancies across different platforms can lead to penalties and lower rankings. RateTiger helps ensure that your rates are consistent across all OTAs, which not only prevents conflicts but also adheres to OTA agreements, improving your standing with these platforms. 

Effective Review Management 

Guest reviews are a significant factor in OTA rankings. RateTiger’s integration capabilities facilitate the monitoring and management of reviews across 450 OTAs. Promptly responding to guest feedback and addressing issues can enhance your property’s reputation, leading to better reviews and higher rankings. 

Leveraging Promotions for Visibility 

Special promotions and discounts can significantly boost your OTA rankings. RateTiger allows you to create and manage promotions across multiple OTAs easily. By offering attractive deals, you can increase bookings and enhance your property’s visibility, which OTAs reward with better rankings. 

By leveraging RateTiger Channel Manager, hoteliers can ensure their properties stand out in the crowded OTA marketplace. 

Embrace RateTiger and watch OTA rankings soar, placing your property at the forefront of travelers’ choices. 

In today’s dynamic business environment, efficient and secure payment solutions are crucial for maintaining smooth operations and healthy cash flow. Expedia Group understands this need and proudly introduces the Expedia Virtual Card—a game-changing single-use credit card designed to streamline your payment process, ensuring it is seamless, secure, and accessible.

What is the Expedia Virtual Card? 

The Expedia Virtual Card is a single-use credit card for each Expedia Collect reservation. It offers a streamlined method for receiving payments from Expedia Group, ensuring that you get paid quickly and without hassle. This innovative solution enhances your business operations, improves cash flow, and reduces administrative tasks. 

Key Benefits of the Expedia Virtual Card 

• Fast payments- The Expedia Virtual Card operates just like a regular credit card, ensuring you receive payments as promptly as other credit card transactions. This speed means less waiting time for your funds and more time focusing on growing your business. 
• Easy to operate- Using the Expedia Virtual Card is straightforward. At checkout, charge the provided card number for the amount stated on the booking notification. There’s no need for additional payment requests or invoices. This simplicity saves you time and effort, allowing you to focus on delivering excellent service to your guests. 
• Improved cash flow- The Expedia Virtual Card helps improve your business’s cash flow with faster and more efficient payments. Reduced administrative tasks mean you can allocate resources to other critical areas of your business, ensuring smoother operations and better financial health. 
• Protection guarantee- Each Expedia Virtual Card number is unique and assigned to a specific reservation, offering enhanced security. The card numbers are sent with each booking notification, ensuring every transaction is secure and traceable. 

How It Works 

Once a reservation has been made on an Expedia Group website: 

1. Visit the “Payments” tab in Partner Central to sign up for the Expedia Virtual Card. 
2. A single-use credit card number will be provided with the booking notification in Partner Central or your Property Management System. 
3. At guest check-in, authorize the card for the stay and retain the authorization code. 
4. At guest check-out, charge the card for the amount provided in the booking notification. Your payment will be automatically transferred to your bank account within 1-2 days. 

Incorporating the Expedia Virtual Card into your business operations can significantly enhance your payment process, improve security, and boost cash flow. Embrace this innovative solution and take your business to new heights with the Expedia Virtual Card. 

Sign up for Expedia Virtual Card, visit the “Payments” tab in Expedia Partner Central today or please get in touch with your account manager at support@erevmax.com.