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Hotel Tech Ecosystem: Adaptations to Online Distribution

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Scientific and Technical Revolution: Yesterday, Today and Tomorrow (ISC 2019)

Abstract

Digitalization is no longer a luxury – it is an opportunity. Over 60% of leisure and business travel arrangements are made online. Online Distribution Channels, including over 200 Online Travel Agencies (OTAs), and Channel Managers integrated with Property Management Systems (PMSs) are available for distribution of hotel services via the Internet. Hoteliers are challenged to work out effective strategy and should apply a multi-channel marketing approach to stay competitive. The assessment of distribution strategy tools in their typology, key characteristics, strengths, weaknesses, opportunities and risks is required to help the hotel management benefit from digitalization in increased efficiency, reduced operational costs, data analytics and lack of human error. The current study investigates adaptations of the hotel tech ecosystem to rapidly changing technologies in the digital travel market. The study utilizes a SWOT Analysis – a simple, yet powerful tool to streamline business strategy, and can be used for academic purposes in hospitality educational programs.

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Authors and Affiliations

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Correspondence to Natalia A. Zamyatina .

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Glossary

Channel Manager

B2B aggregator of online distribution services

ChatBot

Technology for two-way Instant Messaging Service

CRS

Computer Reservation System self-updating track keeper for inventory and rates integrating with other online distribution technologies

CX

Customer Experience a customer-value management tool

Direct Online Channel

A hotel’s own website for distribution of hotel services

Flash Sales Websites

Web-based dealers selling discounted products and services

GDS

Global Distribution Systems, CRS/WBE-based B2B software for direct booking from carriers and hoteliers with access for travel organizations

HASMAI

Hospitality Sales & Marketing Association International (U.S.)

HTR

Hotel Tech Report hotel sector media platform for updates on technologies

Mobile Distribution Channel

Smartphone-friendly software for eTravel

Online Distribution Channels

Online sales services for eTravel

OTA Channel

Online Travel Agencies selling customized travel services

Payment Gates

Online payment services

PMS

Property Management System for hotel business operations (check-in/out payments house keeping, etc.)

RMS

Revenue Management Systems Cloud-based services for data analytics and B2B connections

SEM

Search Engine Marketing

Tech Ecosystem

A dynamic adaptive interacting and interdependent network of actors working on a mutual innovative product or services

Voice Channel

A channel for reservations via hotel telephone lines

WBE

Website Booking Engine software to push bookings to a website

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Zamyatina, N.A., Solntseva, O.G. (2020). Hotel Tech Ecosystem: Adaptations to Online Distribution. In: Popkova, E., Sergi, B. (eds) Scientific and Technical Revolution: Yesterday, Today and Tomorrow. ISC 2019. Lecture Notes in Networks and Systems, vol 129. Springer, Cham. https://doi.org/10.1007/978-3-030-47945-9_21

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