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DIAMO | Revenue Management & Marketing Software
🏠 DIAMO helps increase property revenues by 35% while decreasing Online Travel Agency (OTA) commissions by promoting 70% direct bookings. They offer an AI-powered dynamic pricing system and manage digital marketing strategies, allowing property owners to focus on broader operational aspects. DIAMO supports a range of hospitality establishments worldwide, including independent hotels, B&Bs, and hotel groups. Their expertise has led to significant gross revenue increases for clients: +517% in Colorado (22 rooms), +170% in Massachusetts (14 rooms), +126% in Michigan (42 rooms), and +116% in California (14 rooms).
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Greece cracks down on excessive tourism
Restrictions on short-term rentals and cruise ship traffic could hurt vital sector, hospitality industry warns Sep 9, 2024 Greece has announced plans to tighten regulations on short-term vacation rentals and…
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Flight shame is dead
🌍 Post-Covid travel surge strains environment, as European airports hit pre-pandemic passenger traffic levels in the first half of 2024, with tourism accounting for about 8% of global emissions. Sector's efforts include solar panels on hotels, electric car rentals, and plant-based restaurant menus to cut emissions. Air travel emissions remain high due to tech limits, challenging the International Energy Agency's 2050 net-zero goal. Solutions focus on clean tech deployment and demand management, with studies from Sweden and the Netherlands emphasizing reduced air travel.
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Hotel upselling: Techniques, strategies, and examples
🏨 Upselling in hotels increases revenue and guest satisfaction by offering enjoyable services and upgrades. As of Sep 9, 2024, over 60% of consumers spend more on services that complement their purchase, highlighting the value of personalized, guest-centric upselling approaches. Effective upselling enhances the guest experience, potentially leading to repeat visits.
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Airbnb urges NYC to roll back short-term rental regulations
🏡 In NYC, Airbnb listings plummeted by 83% to 3,700 in August 2024, following nearly a year of strict regulations. This decline impacts travelers with limited lodging options and hosts facing financial challenges. Despite the drop, Airbnb anticipated $85 million in net revenue from New York for 2022. The company urges easing of the rules as rents soar and affordable accommodations become scarce.
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Growing environmental pressures are rapidly changing the travel industry
Deloitte’s latest report offers insights into how companies can adapt or risk extinction in an increasingly eco-conscious marketplace Sep 9, 2024 Navigating the implications of climate change will likely be…
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End of price parity a major blow for Booking.com
📊 Booking Holdings, facing new regulations enabling hotels to offer rates lower than on its platform, could see its dominance in the European market wane. As of September 9, 2024, the repeal of parity clauses in Europe allows direct bookings to flourish, potentially increasing Booking.com's marketing costs and impacting its earnings. Despite Booking's strong past performance, future earnings may slow with more competition and higher expenses.
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Google’s 2024 holiday travel trends
With the holidays quickly approaching in the U.S., Google took a look at the top destinations for Thanksgiving and Christmas Sep 6, 2024 Compared to the December holidays, there are…
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How to drive travel advertising success with first-party data
Travel advertisers must focus on building robust first-party data strategies to enhance user experience and drive revenue Sep 6, 2024 Disabling third-party cookies will significantly impact the way you run…
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