Posts about "Business (5)"

When we talk about business strategy with entrepreneurs and managers we like to think big. We’re just not talking about turning their brand into Facebook or Google, we are talking about turning it into something bigger. Why? The main reason would probably be because we truly believe in every one of our clients’ dream, but the truth is, we always have high expectations and goals.

You see, if you own a business or you wish to start one, the worst thing you can do is to say things such as: ‘‘ I’m not sure if it will work ’’ or ‘‘ I’m expecting to earn just a few dollars from it ’’. Some even might say that they know there are a lot of competitors out there and that it’s almost impossible to stand out from the crowd. That is what we call: ”having a plan to failure”.

• The strategic agreement between the technology companies is exclusive and will allow any buyer or seller within the TravelgateX platform to access this payment system through electronic wallets operating via API integration.

• More than 1,000 companies worldwide could benefit from this solution via TravelgateX without any technical integration.

Could you imagine what would happen to those of us working in the hotel sector if Channel Managers did not exist? It would be absolutely crazy, for sure. Channel Managers are a key day-to-day tool that enables us to manage rooms and rates through hundreds of different channels without dying in the attempt. 
Since Channel Managers are an indispensable part of our work we have to know exactly how to choose one: these days there are plenty of them and even if they all have the same basic characteristics, each of them has its own features that can be adjusted – or not – to our business needs.

There are so many destination specialists (DMCs) out there in this world with the most amazing, direct product but who find it difficult to expand their client range as they don’t have their own API. For the Buyers, the only way to access this specialized product is for the DMC to manually load & update their product on the Buyer’s system. But of course, to the DMC, this means countless hours loading and updating multiple systems for their various clients.

In case someone has missed this, 2020 is not only the beginning of a new decade, we have also entered a new era: the era of smart hotels, the era of so-called Smart Tourism. In the face of this new era, everyone working in the sector must be aware of the changes and efforts it takes to enter it.
We have to adapt, research, learn and surround ourselves with partners that allow us to reinforce our business in a scenario that differs from that we have seen so far in so many ways. We have to look for formulas and tools to understand and lead the changes, as they entail different means of operating hotels, enhancing user experience and marketing.  

TravelgateX, the worldwide B2B tourism connections marketplace, launches a tool that lets hotels connect with various distribution channels to sell their products directly, with immediate payment. This innovation could revolutionise the sector by providing solutions and increasing B2B travel business.