How Outsourcing Hotel Mapping Provider Can Help Your Travel Business Goals
Overview: Your hotel properties are sold through complex hotel distribution channels. Many online booking websites distribute outdated and incorrect information. Unfortunately, you lose control of how the hotel data is projected and sold, impacting your business profits quickly. Read our Infographic to learn How Outsourcing Hotel Mapping Provider Can Help Your Travel Business Goals. Download the Infographic here: (no email required) Download Free
How to Start an Online Travel Agency Business
Overview: Starting an online travel agency business is rewarding and overwhelming at the same time. An online travel agency is a one-stop shop for travelers and is expected to reach $833.5 billion by 2025. Read our Infographic to learn how to launch your OTA successfully. Download the Infographic here: (no email required) Download Free
6 Features to Look for in A Travel Agency Software
Overview: If you are a travel agency, irrespective of your business structure – B2B, B2C, or D2C, a travel agency software is a must for you. However, not all travel agency software are helpful for your business. The market for service providers is enormous. You can always choose the brand that aligns with your budget and has your faith. Read our Infographic to learn the top six features of travel agency software and their relevance that’ll help you narrow down your choices for travel agency software. Download the Infographic here: (no email required) Download Free
RateHawk Joins Hands with Vervotech to Facilitate Smooth Hotel Content Distribution
June 27th, 2022: RateHawk, an online system for booking hotels, air tickets and transfers for travel professionals, establishes a strategic partnership with Vervotech, a leading hotel mapping provider, to better organize and control its 1,700,000 large accommodation inventory. Through this partnership, Vervotech and RateHawk are set to mutually benefit from the exchange of market researched data, domain knowledge and cutting-edge modern technologies. Vervotech is an award-winning tech company, providing fastest hotel and room mapping services to OTA, bed banks, suppliers, and travel agencies through its AI/ML based Hotel Mapping, Room and Hotel Master Content tools. RateHawk, with its 1.7 million large accommodation repository offers a wide range of services like group reservations, car rentals, air tickets, transfers, and integrated services for FITs (free independent travellers). The Partnership will benefit RateHawk on following components: 99% property mapping with extensive coverage of 98%. Access to one of the fastest AI-ML driven hotel and room tools to increase net processing time. Access to opinionated content to bolster conversion rate. 100% de-duplication of inventories to boost customer satisfaction and experience delivery. Felix Shpilman, CEO, Rate Hawk – We at Rate Hawk always strive to deliver the best consumer experience to our clients, and with access to Vervotech’s highly efficient mapping solutions, we can now deliver better opinionated, curated, and original hotel content to our customers. Dharmendra Ladi, CEO & Co-founder, Vervotech – We started up with an aim to organize the world’s accommodation, and we are proud of the fact that we have been fairly successful in our journey so far. We want to further it with our partners and RateHawk will be a very valuable addition to our clan. We are looking forward to working together and growing mutually. Vervotech Media Contact: Vervotech Solutions Pvt. Ltd. prashant@vervotech.com Read the full release here.RateHawk is an innovative B2B booking platform developed by Emerging Travel Group, featuring hotels, flight tickets, transfers, car rentals, and other travel-related services. RateHawk’s mission is to offer travel agents, tour operators and travel professionals the best prices for any type of travel service in any location. RateHawk provides its clients with 1.7 million hotels from over 60,000 properties contracted directly and 140 wholesalers, flight tickets from over 350 airlines, as well as transfers in over 150 countries.Established in 2018, Vervotech, a SaaS company was founded by a team of passionate entrepreneurs with the vision to organize global accommodation data with 100% accuracy by leveraging AI/ML technology. Vervotech provides the most comprehensive solutions in the travel industry, including hotel mapping, room mapping, curated content.
Types of Mappings
Overview: Mapping in travel is done in various forms to derive and organize diverse sets of data. Each type of mapping brings a different value proposition to travel businesses. So, here in this graphic, we classify and understand the major types of mapping and illustrate their relevance. Read our Infographic to learn more about the different types of Mappings and how they can be useful for your travel business. Download the Infographic here: (no email required) Download Free
5 Ways To Select The Right Hotel Mapping Service For Your Platform
Overview: The hotel distribution market is large and complex with multiple conflicting hotel listings. OTAs, tour operators or any accommodation provider that rely on a multi-supplier strategy for sourcing hotels, data management is a huge challenge, causing duplication. This can result in incurring revenue loss and an unsatisfactory customer experience. It is essential to devise a winning strategy to attract more guests and turbocharge your revenue. Read our Infographic to learn more about the ways to select the right Hotel mapping Service for your platform. Download the Infographic here: (no email required) Download Free
4 Challenges Faced by Online Travel Agents in 2024
Overview: The rise of digitalization has disrupted the travel industry. In this modern era, the tech-savvy travelers’ needs are fast evolving, and meeting their expectations is crucial and challenging. Travelport research found that 33% of travelers are more likely to book using OTA. OTAs are the preferred choice for convenience, global access, price transparency, etc., and play a key role in the hotel distribution channel. It’s not just a matter of being able to keep up but staying in front and maintaining a competitive edge over their competitors. Read our Infographic to learn more about the challenges faced by Online Travel Agencies. Download the Infographic here: (no email required) Download Free
4 Ways Room Mapping Can Optimize Your Business Revenue
Overview: Data can be a powerful tool to spearhead your business in the right direction. But when you encounter duplicate data on your marketplace, it can have a dramatic impact on your business performance. The complex distribution system has a mix of suppliers, OTAs, GDS, metasearch sites, wholesalers, etc., which tend to distribute the same rooms, increasing the chances of room content duplication. There is a lack of any global standard when it comes to distributing content. Each distributing channel focuses on its own set of rules when distributing content which makes it difficult and tedious for suppliers to consolidate the data sent out. Read our Infographic to learn more about the ways in which room mapping can optimize your business revenue. Download the Infographic here: (no email required) Download Free
How does Hotel mapping Work?
Overview: Unmapped hotel content is one of the primary reasons why online travel businesses never realize the full potential of their suppliers’ data. On top of that, incorrect and inconsistent listings displayed on their websites hit their brand image and tanks their revenues. OTAs mostly source hotel content from multiple suppliers, which is primarily crude and leads to inconsistent listings. Such as street addresses that don’t match geolocations, leaving the end consumer stranded. Hotel mapping tools solve the problem using technology and make sure hotel content is highly accurate and up-to-date, which ultimately helps travel businesses secure high booking numbers and revenues. Download the Infographic here: (no email required) Download Free
Highlights from Arabian Travel Market Dubai 2022
Vervotech had the opportunity to attend Arabian Travel Market (ATM), Middle East’s largest travel and tourism exhibition, from May 9-12, 2022. We were a first-time exhibitor at ATM Dubai 2022 and the four-day event was packed with attendees, clients, and partners. We had one of the best events- filled with high energy, enthusiasm, and positivity. ATM Dubai took place at Dubai World Trade Center (DWTC) in collaboration with Dubai’s Department of Economy and Tourism (DET). The 29th edition of ATM hosted around 1500 exhibitors from 112 global destinations and the theme this year was ‘the future of international travel and tourism.’ Marvel Puri, Co-founder and CRO of Vervotech, shares his insights from the four-day event. Q: What was the highlight at ATM Dubai? Marvel: Sustainable initiatives and responsible tourism. We saw a few travel companies launching their sustainable initiatives with an initiative to make the world a greener and better place. One that caught our attention was the Turkish Airlines of use sustainable aviation fuel (SAF) that is produced from raw materials free from harmful metals and reduces emissions by 87%. The main takeaway was that the travel industry wants to be more socially and environmentally responsible. The industry leaders are getting serious about climate change and are chalking out a net-zero carbon emission plan. Q: During your conversation with attendees what are the challenges with respect to technology? Marvel: Technology migration needs constant support. Talks from ATM attendees revealed that there are still challenges in travel technology platform migration. There is a need for knowledge sharing to bridge the gap between user adoption of new technology and smooth migration. It is inevitable for enterprises not to use technology, but travel tech providers need to offer constant support to their clients for a smooth transition. Q: What technology was trending at ATM Dubai? Marvel: Bitcoin, crypto payments, blockchain, and NFTs were reserved for art and e-commerce, but we see its growing interest in the travel business. At the ATM event, we saw Emirates, a Dubai-based airline, plan to accept Bitcoin payments and release NFTs to be traded on their website. These initiatives reflect how the travel industry progresses towards digital transformation by adopting the latest digital technologies. Q: Any other thing that stood out for you in ATM? Marvel: For the last couple of years, influencer marketing has been flourishing. According to research, 42% of consumers purchase after seeing an influencer post about it. This was highlighted in ATM by different influencer platforms. I came to know that there are various influencer marketing platforms that help brands connect, partner and collaborate with influencers to increase their customer base and sales. Also, at one of the sessions hosted by ATM, there was a buzz of gastronomic tourism or gastro-tourism. There has been a surge in gastro tourists, where travelers plan their trips around food and where they want to dine. There is a demand for unique dining experiences and travel agencies can tap this opportunity and design holiday packages around food destinations to target the gastro tourists. Q: Any suggestions for the travel business? Marvel: I think travel is already recovering very well after Covid. Companies were patient and now they are seeing good traction for their business. They just need to constantly think about one thing – Staying on top of their customer’s minds. The industry should make sure that processes are smooth for reopening and that adequate assistance is available for their customers to help them adapt to new ways of traveling. And most importantly, they should invest smartly and innovatively in technology to streamline their business operations and customer engagement. In-person events have a tremendous impact in comparison to virtual events. After two years, the travel fraternity came together to make this event successful, and the vibe of ATM 2022 was positive and energetic. ATM Dubai’s in-person event helped create meaningful relationships with our clients and partners. The one thing we take back is the zeal to work on our products and keep delivering the best to our customers and their preferences. Vervotech is a leading Hotel Mapping and Room Mapping API that leverages the power of AI and ML to quickly and accurately identify each property listing through the verification of multiple parameters. With one of the industry’s best coverage of 98% and an accuracy of 99.999%, Vervotech is quickly becoming the mapping software of choice for all leading global companies operating in the travel and hospitality industry. To learn more about Vervotech and the ways it can enhance your business in the long run contact us: sales@vervotech.com
