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Empowering Equality: Mize Leads the Way in Travel Technology
Are we all equal? Are we all equally represented in the business world? In some professional sectors, there might still be some under-representation of women, minorities, and the LGBTQIA+ community. The tech sphere is no different, but is the travel tech sector a spark of hope? As the business world becomes more diverse, equality and […]
Your Ultimate Guide to B2B Travel Solutions
You’ve probably noticed that B2B travel solutions play a vital role in the global B2B travel sector. We are talking about the market bound to reach the size of $4952.96 by 2028. That’s a CAGR Growth of 17.51%. No wonder leading B2B travel solutions process over 80.000 bookings and 14.000 searches a day. Keeping tabs […]
Slow Tourism Case Studies: Examples to Truly Understand Slow Tourism
The tourism industry is moving at an ever-accelerating pace. That’s because the tourism industry is perhaps one of the verticals that depend on the most factors. One of the main factors that affect it is social movements, given that tourism brands of all sizes always cater to the needs of consumers. One of those movements […]
Complete Overview of the 5 Sectors in the Tourism Industry
The tourism industry is one of the most dynamic landscapes. That’s primarily because it consists of several unique sectors. Each one of these sectors goes through comprehensive changes and is subject to many factors. Nevertheless, understanding these sectors is quite essential! Why? Because it can help you make informed business decisions, identify valuable growth opportunities, […]
All About the 5 Top Travel Agencies in China
One of today’s largest travel markets was practically nonexistent between 1949 and the 1970s. Yes, the Chinese travel market didn’t exist because the People’s Republic was entirely closed to travelers until the late 1970s. However, it’s not the only thing that makes this market exciting and inviting for a closer look. In 2012, China became […]
Everything You Should Know About World Tourism Day
The tourism sector is one of the most diverse verticals when it comes to events. There are dozens of events that attract hundreds of tourism brands and thousands of travelers worldwide. Each of these events has a unique theme, successfully addressing emerging trends in the sector year after year. However, there is one event that […]
Regenerative Tourism 101: What it is, Examples, Implementation, & More
Regenerative tourism is not a brand-new concept in the tourism industry. It’s a powerful force bound to transform traditional tourism and replace obsolete practices that mainly aims to replace exploitative and wasteful practices. With this in mind, it’s easy to outline the importance of regenerative tourism in the current global context. It doesn’t only help […]
4 Lessons You Can Learn From the Best Tourism Campaigns
Businesses in the tourism industry rely heavily on marketing to generate leads and boost conversion rates. Tourism marketing is as old as tourism itself – and it always reflects the destination and service benefits relevant to the current travelers’ needs, wants, and expectations. In other words, tourism campaigns must constantly move forward, and marketers need […]
Ecotourism 101: Ecotourism Examples, Definition & Best Practices
If you are closely keeping tabs on the travel industry, you probably know it’s one of the most dynamic landscapes. The chances are that this phenomenon results from how agile businesses in the sector are. In other words, the tourism industry’s products and services always reflect the most recent consumer needs and expectations. One of […]
Unveiling How Tourism Benefits and Empowers the Local Community
The tourism industry is a vertical with one of the most comprehensive impacts on economic and social landscapes. That’s precisely what makes it essential for macro- and micro-economies. Tourism can help generate additional revenue streams for local communities enabling locals to kickstart new businesses, rebuild and restore structures, and attract more tourists. If you want […]
The Vital Role of Market Segmentation in the Tourism Industry
The tourism industry is an ever-growing and competitive landscape, presenting both challenges and opportunities for businesses operating within it. This is where market segmentation comes in handy. In this blog post, we will discuss what market segmentation is, the importance of market segmentation in the tourism industry, and how online travel agencies can benefit from […]
The Economic Impact of Tourism: What You Need to Know
Tourism encompasses much more than just leisurely vacations and exploring far-off destinations. In fact, this vast industry plays a significant role in keeping the world economy thriving. When the world shut down due to the COVID-19 pandemic, we saw its devastating effects on the tourism industry. Airports were shut down, hotels were left empty, and […]
This is the Way to Create Memorable Customer Journeys in Travel and Tourism
The travel and tourism industry is an increasingly competitive space, with customers expecting more personalized and memorable experiences from their trips. With the rise of technology and social media, travelers have greater access to information and a wider range of options than ever before. Journey mapping offers travel agencies a way to gain a deeper […]
Understanding Google Travel Insights: A Comprehensive Overview
Businesses in the travel industry rely increasingly on actionable insights to make better-informed decisions. Google/Bain found that “47% of people surveyed say they didn’t make a booking online when they intended to because it didn’t meet their needs.” Insights about travel can shed light on the motivation and process behind booking trips, as the path […]
5 Ways Augmented Reality is Enhancing the Tourism Experience
Augmented reality (AR) can truly transform the way people discover and explore new places. By combining physical exploration with digital elements, travelers are able to gain deeper insights into different cultures while making memories along the way. In today’s world, more and more travelers are turning to technology to add excitement and convenience to their […]
Ultimate Guide to Understanding the Benefits of a Travel Management Company
Managing and operating modern businesses often encompasses corporate travel. However, managing business travel is complex, especially with limited experience and resources. You must ensure that everything goes smoothly for the travelers while staying on top of the logistics and expenses. That’s why many organizations decide to outsource their travel management to a dependable travel management […]
Everything You Need to Know About Virtual Tourism Companies
Virtual tourism refers to a specific tourism niche using technology that enables travelers to experience activities, locations, and destinations without leaving their homes. The types of virtual tours depend on the multimedia format offered to travelers. It can be anything ranging from still images, video, and audio to interactive virtual reality. The popularity of virtual […]
3 Tourism Entrepreneur Examples To Inspire Your Goals
Tourism entrepreneurship refers to individuals or businesses developing numerous business activities, from activities and entertainment to accommodation and transport. Tourism entrepreneurship, as such, has a vital role in supporting the growth of the entire sector. Recent research has found that it can not only eliminate societal problems but also facilitate a country’s development and fiscal […]
Unlocking the Potential of Blockchain Technology in Travel
Blockchain technology has opened up the potential to revolutionize the travel and tourism industry, allowing businesses and travelers alike to benefit from the safety, security, and efficiency that Blockchain provides. According to Informatics research, “In 2025, blockchain technology is expected to become a central component of business operations in the hospitality and tourism industry.” As […]
Understanding a Destination Management Company
The travel industry is vertical, with more than a couple of unique business models. Knowing each one of these models can help you understand the playing field better and make informed decisions. The business model of a destination management company causes the most confusion out of all companies in the travel sector. People use it […]
Your Ultimate Guide to Personalization in Travel Industry
Over the last few years, personalization as a concept has become a central paradigm across industries. It’s one of those tourism trends that continues to be one of the main topics experts emphasize year after year. But what exactly does it imply? What is Personalization in Travel? Personalization in the travel industry refers to the […]
Mize x wbe.travel webinar recap
Last month, we had the pleasure of co-hosting a travel-tech webinar with wbe.travel. Our partner wbe.travel, the European-based company provides a complete, robust software suite, hosted in the cloud, built for travel companies such as DMCs, TMCs, Travel Agencies, Wholesalers, and Niched travel businesses. Their off-the-shelf software suite covers a full range of processes from […]
The Essentials About the Inventory System Used by Travel Agencies
While travel agencies have to overcome many challenges to remain competitive, there is one challenge in particular that all agencies need to overcome despite their size or target market. They need to excel as intermediaries between tour operators or travel product suppliers and consumers or travelers. The real question is, how do they do it? […]
13 examples of wholesale tour operators in Latin America
The tourism sector mobilized 1.4 billion international tourists in 2019, equivalent to almost one-fifth of the world’s population. In total, global tourism spending was US$5.85 trillion. This high demand makes tourism a highly competitive industry. Offering a package that meets travelers’ objectives in terms of price, quality and itinerary functionality is complex. It must be […]
The 46 Most Important Travel Industry Events for 2023
The hospitality industry and its sister industry, the trade industry, are among the most dynamic sectors when it comes to events and trade shows. Simply put, your calendar is not big enough to fit the sheer number of travel trade shows that take place around the globe. How do you decide which ones are worth […]
The 6 phases of a tourist destination’s life cycle
Since the mid-20th century, thanks to factors such as the emergence of commercial flights, higher household incomes and the regularization of paid vacations, among others, tourism has become a mass phenomenon. Until then, this was an activity that had been carried out empirically, causing some tourism projects to become unsustainable over time. In order to […]
The Ultimate Guide for Travel Data Management: Best Practices & More
As data becomes increasingly important across verticals, it’s essential to understand its role in the travel industry. Most importantly, understand how to leverage it to make informed business decisions and improve your internal processes and travel experience. After all, data will play a pivotal role in helping the tourism sector’s market volume reach $992.10bn by […]
SATTE 2023 – Everything you need to know.
This year, at the India Expo Centre, Greater Noida, SATTE 2023 will commence! Attendees at SATTE 2023 this year will have the chance to interact with over 1,000 exhibitors on the convention floor, and gain knowledge from the major players in the travel industry. India is now standing as the 10th highest-traveled country in the […]
FITUR Madrid 2023…A Success!
This year, FITUR Madrid 2023 brought the travel technology industry together on a massive scale. The event hosted more than 222,000 attendees, which is almost double last year’s attendance of 111,193. There were also about 8,500 companies from 131 countries in attendance, inside 8 different pavilions. At this conference, firms from all around the world […]
Travel Trends for 2023 that People in the Industry Need to Know
Given that the tourism industry is one of the most dynamic verticals, it’s becoming increasingly hard to know what’s coming next. Every year unveils new trends. Whether it’s corporate travel, tourism marketing, or tech, trends keep emerging almost regularly. Identifying all the relevant trends can be daunting if you try to do it manually on […]
Mize Secures $12 Million In Series B Funding.
The booking industry is facing new challenges in the post-pandemic era. Travel companies are on the lookout for solutions to help them get back to pre-pandemic financial performance levels. The market opportunities are there – all they need are solutions to enable them to generate revenue at an unprecedented pace. Mize has taken this need […]
What is Industrial Tourism: Definition, Stats, Benefits & Real-Life Examples
The travel sector is one of the most diverse industries out there. With so many moving pieces on the board, it’s hard to stay on top of all developments and make informed business decisions. Industrial tourism is one of the newest additions to the large family of tourism types. It is one of the growing […]
Best Technology Partnership: Nominated by Travolution with wbe.travel
In very exciting news, wbe.travel has been nominated by Travolution for “Best Small Technology Supplier” and “Best Technology Partnership” in partnership with us, HotelMize! Every year, Travolution’s judging panel, which is comprised of travel industry experts, looks through hundreds of entries, striving to select companies that are driving the travel industry into the digital era. […]
The 28 Most Innovative Travel Tech Startups Around the World
Although it suffered tremendously during the pandemic, the travel industry keeps going forwards. In 2020, the entire sector lost more than 60 million jobs and $4.5 trillion. However, it’s coming back to its feet, and some projections indicate that it will again become one of the fastest-growing sectors. It’s expected to reach a market size […]
What is a retail travel agency? This is how they operate
If you are reading this article, the chances are you have an interest in the wonderful world of tourism. You will see in the following sections that there are ample opportunities to create or grow a travel agency. First of all, you need prior knowledge of the market, to conduct an analysis of the right […]
Data Analytics in Tourism Industry: What Is It, Benefits, How It’s Used, & Real-life Examples
Big data and data analytics are most commonly tied with industries such as fintech and IT. However, a few years ago, they also made it into the travel sector. They didn’t just make it into the industry. The enormous adoption rates of data analytics in the sector have created a brand new market – the […]
5 Reasons to Attend WTM London
Every year at WTM London, travel professionals come together to connect with one another and hear about how industry leaders have revamped their companies to keep up with a rapidly changing world. From November 7th – 9th, ExCeL London is the place to be. These 3 days are a wonderful opportunity for businesses to showcase […]
All You Need to Know about TikTok Travel Marketing
Companies in the tourism industry have been using various platforms in their social media marketing mix. TikTok is a next-gen social media platform that has taken the world by storm. It’s everywhere! You can even see TikTok videos on Facebook Reels and Instagram Reels and Stories. If you are in the sector, you are probably […]
Have you ever heard the term Fully Independent Traveler (FIT)?
Most people see emerging technologies as the number one factor that keeps transforming the tourism industry. While this is true, another important piece of the industry’s transformation puzzle is the travelers themselves. The needs of travelers are constantly shifting, and brand-new traveler segments emerge on a regular basis. One of these segments is fully independent […]
What is Educational Tourism: Stats, Benefits, Examples & More
The global tourism industry is very diverse. With the number of different types of tourism and the number of ways travelers interact with tour packages increasing, it can be pretty hard to keep track of each travel sector’s subdomain. On the other hand, getting insights from a particular travel sector subdomain can help you make […]
5 Reasons to Attend ITB Asia
Asia’s leading travel trade show is back. In previous years, this event has seen over 1,300 exhibitors, more than 13,000 attendees, and over 1,250 quality buyers. From October 19th – 21st, 2022, at the Marina Bay Sands hotel, catch the hottest travel players, at this epic event. ITB Asia is an incredible opportunity to interact […]
What Does Social Tourism Mean and How it is Redefining Travel?
The tourism industry offers an abundance of benefits. It encourages economic growth, creates jobs, and brings massive amounts of revenue to some of the most popular tourism destinations. However, it’s not always beneficial directly to the local communities, and it’s not always accessible to all. On average, from every $100 spent by travelers in developing […]
What is OTA in Revenue Management and how to do it right?
A hotel revenue management strategy is usually a comprehensive strategy encompassing various analytics and demand forecasting tasks to custom tailor pricing and distribution strategies. While there are many independent hotels, most hotels list their accommodations through OTAs. But where does that leave OTAs? The OTA market is quite dynamic and has some serious competitors. Is […]
List of 18 Key Travel Agency Suppliers
In a constantly evolving emerging industry, it is a good practice to periodically evaluate your agency’s suppliers. You can always make adjustments according to your criteria and market-facing strategy. Let’s analyze the requirements together, in the current market conditions. What do we mean by travel agency suppliers? Suppliers are defined as any entity that offers […]
8 Use Examples of NFT in Travel and What is Coming Next
The travel sector heavily relies on both hardware and software innovations. With the help of technology, travel organizations can streamline everything from online booking to personalized offers. Some major technology advancements are even capable of transforming the entire sector. Such is the case with travel NFT. The chances are that you are hearing about travel […]
22 Types of Travel Agencies Based on 4 Key Criteria
The best way to understand the intricate design of the tourism industry is to observe the businesses that operate within it. Travel agencies are the cogs that keep travel machinery moving forward. However, not all travel agencies operate in the same way. Plus, these businesses often tend to go through operational and managerial changes driven […]
Mobile Apps as the Leading Factor Transforming the Travel and Tourism Industry
Technology can transform industries and change paradigms and best practices. It appears that the travel and tourism industry is particularly susceptible to technology, especially mobile apps. It’s actually quite logical given the number of people using smartphones and mobile apps to research destinations and book trips. In fact, a recent survey discovered that travel-based mobile […]
The Top 20 Tour Operators in India
The travel industry in India is quite diverse and includes thousands of businesses. The number of tour operators in India is quite big, which can be challenging if you want to pinpoint the best operators in the sector. It would take you hours of research to do it all by yourself. That’s why we are […]
What Are the 5 A’s of Tourism?
The 5 A’s of tourism regularly pop up in the blogs and articles addressing various tourism and hospitality topics. However, the 5 A’s are often used in context, leaving you with nothing but your common sense to guess what it stands for. If you want to improve the image of your travel agency and keep […]
Introduction to 2022 Travel Trends: What is Slow Travel, Where Did it Come From, & More
The behavior patterns of travelers and their expectations and needs are all subject to change. Add to it the economic, political, and other factors such as an unforeseen worldwide pandemic, and you have yourself quite a dynamic market. However, travel industry organizations must adjust to these changes and accommodate the current needs of travelers. The […]
4 Key Travel Industry Digital Transformation Trends That you Should Know
The travel and tourism industry keeps moving forward rapidly thanks to new technologies. Digital technologies have created new opportunities for travel agencies and facilitated the digitalization of business processes based on traditional methodologies. If you want to stay competitive in the dynamic travel market, you need to know what the competition is doing and find […]
What is Destination Management and Why is it Important
Destination management plays a vital role in helping organizations in the travel and tourism industry achieve their goals. It can unlock many benefits, such as delighting the travelers so they return to the destination, increasing revenue, and building a sustainable plan for the future. However, the term destination management still escapes many people. Given how […]
The different types of Tourism according to Cohen, UNWTO, motivation and type
The Tourism industry has a direct impact on the global economy. In 2019 alone, 1.4 billion international arrivals were recorded, which is equivalent to one-fifth of the world’s population. Due to the number of components that play an active role in tourism, there are an infinite number of criteria that can be used to classify […]
12 Must-Read Books About the Tourism Industry
With hundreds of books about the tourism industry, you might find it hard to decide which one to read next. The tourism industry books cover a wide variety of topics. The best way to find an interesting read is to choose one that addresses the topic that you find interesting. To help you, we put […]
How to sell tour packages in 3 easy steps
The tourism industry is one of the most competitive, the range of offers far exceeds the level of demand (which is already very high). If we add to all this the complex circumstances caused by the coronavirus pandemic, the entire tourism sector is facing one of the most challenging periods in its history. According to […]
Positive and negative effects of Social Media on the Tourism industry
The social media phenomenon has this incredible power to impact various industries. The tourism industry seems to be very susceptible to the effects of social media platforms. To what extent, though? The travel industry is among the early adopters of new technologies and solutions. Social media networks enabled the sector to improve various processes and […]
Why Do Travelers Prefer Hotel Bookings That Offer Flexibility?
As the pandemic and all its adverse economic effects subside, many industries are left with burning questions, and that applies to the travel sector as well. How do we go back to business as usual? How do we get our customers back, and what do these post-covid travelers expect from us? The best way to […]
5 OTA Advertising Strategies That Work
Online travel agencies or simply OTAs have plenty of opportunities to market their offer to the target customers. Some strategies focus more on generating exposure, while others generate more leads and increase conversion rates. There are also more and less efficient advertising strategies. One common question that continues to trouble online travel agents is: “How […]
Metaverse & Travel Industry: Implications, Pros, Cons, & Examples
The metaverse broke out of the sci-fi books when the CEO of Facebook announced his vision of the social media giant’s future. The metaverse concept is not that new – it has existed since the 90s, and it indicates a virtual world. However, a metaverse is not just any virtual word but one that is […]
The List of 28 Travel Companies, Tour Operators and Travel Agents in Europe
The old continent has more than a couple of jewels famous among avid travelers. However, the travel experience isn’t just about the gorgeous destinations. Travel agents play a crucial role here as they promote destinations while, at the same time, catering to the specific needs of their clients. And, yet, it appears that there is […]
The Importance of Customer Service in the Travel Industry. Interview With Beatriz Yummi
Did you know that it costs five times as much to attract a new customer than to keep an existing one? The first rule of any business is to retain customers and build a loyal relationship with them, and thereby avoiding customer acquisition costs. It’s a well-established fact that 44% of companies have a greater […]
4 Well-Thought Examples of Virtual Reality in Tourism
Technology has been driving progress in the tourism sector for quite a while now. We’ve seen everything ranging from IoT sensors to sophisticated software implemented throughout the entire landscape. Technology helps companies remain competitive in an increasingly saturated tourism market. The latest addition to the tourism tech stack is virtual reality or simply VR. Since […]
Top 35 Travel Industry Leaders to Get Inspired by Mize
Although 2020 wasn’t favorable for the travel industry, the disruptions were only temporary, and things are slowly getting back on track. According to Statista, the Travel & Tourism market is projected to reach US$927,30bn in revenue in 2024. While many factors have contributed to this quick return to normal, it wouldn’t have been possible without […]
7 Keys to creating a successful tourism product
Within the competitive tourism sector, innovation, and the offer of products to propose stands out as one of the real competitive advantages and differential elements to navigate with strength in this tough market. The tourism product becomes an important resource to work to attract a different audience and diversify the philosophy and brand of our […]
The latest 2022 Traveler trends or… How Much Are We Willing to Travel?
The worldwide pandemic has definitely changed the way we travel. At one point, it even seemed that it was going to last forever. If you had the chance to travel during the last two years, you probably know how it went from joy to hassle. Keeping tabs on all the restrictions, going through Covid controls, […]
International Women’s Day 2022 – AN INTERVIEW WITH VANESSA MBENOUN
International Women’s Day 2022 is here, and it’s a great time to check how women are doing in the travel industry. Women’s place in the industry is strong. At the moment, over 75% of travel agents are women. However, certain career paths in the industry are still dominated by men, such as pilots and cruise […]
Understanding the Important Role of Technology in Tourism Marketing
The travel industry has always been thriving on technological advancement. However, some tech pops up in the real world more while other solutions are nowhere to be seen. For instance, under the hood of a modern marketing strategy, there is nothing but technology. Yet, since it remains invisible, the importance of technology in the tourism […]
The Most Complete Hotel Wholesalers and Bed-Banks List
Finding a professional and reliable hotel wholesaler is not an easy task. There are dozens of hotel wholesalers to choose from on the current market. However, they are not all the same. Some are better than others in terms of the commercial conditions they offer, the variety of hotels they have access to, and their […]
The Most Efficient Destination Marketing Strategies and How to Implement Them
Destination marketing is not a brand new thing in the tourism industry. Many hotels, restaurants, and even OTAs saw great value in making a particular destination highly popular. Most of the challenges in the past came from technological restrictions. Today, with a valid digital marketing plan, one can run countless campaigns to increase the popularity […]
Hotelmize to Participate in FITUR 2022
FITUR is one of the few important international travel events. The event attracts European and Latam professionals from the travel industry. FITUR 2022 will last for five days, and it starts on January 19, 2022. Hotelmize will participate in FITUR this year to present its solutions and present the company’s plan for the future. FITURTechy […]
What Are Bed Banks and How to Choose the Right One?
The role of the travel intermediary has been around for almost 180 years. The term “travel intermediary” was coined after travel group impresario Thomas Cook guided his first excursion of 485 people to a campaign in Leicestershire and charged them each a shilling for the journey and his guidance. He then followed this campaign by […]
Watch Out These 31 Travel Industry Events for 2022
Running a successful operation in any of the sub-sectors of the tourism industry translates into staying tuned into the latest trends and technologies. The best way to do it is to attend travel industry events. It will help you discover the trends and the best tech to use and help you with your selling efforts, […]
The Top 13 Online Travel Agencies in India
People searching for online travel agencies in India will be surprised by how many there are in the market. But, as with any other business model, there are no two OTAs alike. Some will always be better than others in terms of reliability, the attractiveness of their offers, and the size of the supplier network. […]
Mize – Winner of Front Runners Competition & Summit at WTM London
Technology is what makes the travel industry constantly evolve. This is what WTM London and Travel Forward highlight, ensuring to connect businesses in this vertical with startups that deliver innovative solutions. WTM 2021 went under the “Reconnect. Rebuild. Innovate” slogan as the first face-to-face event after the COVID-19 breakout. Travel Forward was the leading travel […]
Top 6 Free and Paid Itinerary Builders for Travel Agents
Making your own travel itinerary templates is a great idea. You have your own workflow, know how to structure it efficiently, and how to distribute it. However, since you are here, you probably have some issues with your trip itinerary template. Maybe you are not satisfied with their design? Do you find it too time-consuming […]
4 Reasons Why You Should Attend WTM London 2021
Travel events are must-go events for all parties in the travel sector, especially tour operators and travel agencies. The events, such as WTM, provide amazing opportunities to meet potential new business partners, facilitate business growth, and identify cutting-edge technologies with transformative power. During the pandemic, the entire industry, like many others, adapted to virtual events. […]
Mize Named Amongst the Best English Tourism Startups by Best Startup UK
Nominations and awards are quite relevant in the startup world, especially after years of development, hard work, and sacrifice. Withstanding in the highly competitive travel tech industry is a privilege for only a few, and the entire team at Mize is thrilled that the Best Startup UK Magazine has nominated Mize as one of the […]
Gen Z Travelers: How Their Travel Behavior Compares to Millennial’s
Organizations in the travel and hospitality sectors often run market analyses to learn what their target audience needs and wants are. One of the key initiatives is demographic segmentation and trying to discover how each of the segments behaves. Gen Z travelers make one of the most significant demographic segments today. Discovering and understanding their […]
What are Travel Intermediaries? This is Their Role in the Tourism Industry
Travel intermediaries are some of the most critical agents in the tourism distribution channel. Thanks to tourism intermediation, among other factors, the travel and tourism industry is one of the fastest-growing industries worldwide. It’s also one of the most resilient industries. Although it took a massive hit due to COVID-19 travel restrictions, which made its […]
How to Increase Your Market Share on Distribution Channels and Gain Loyalty on the Way
In the post COVID era, the travel industry made a more profound transition into the digital world, with new product developments, new apps, Api´s, revenue management tools, new marketing channels, etc. But now, the question is, how to let your clients know about all these new tools? Is a marketing campaign enough to make these […]
Why There is Still Hope for a Summer Recovery 2021
It’s essential to stay up-to-date with OTA (Online Travel Agency) updates, especially in the trying times of the ongoing pandemic. OTA is a resourceful marketplace that provides its consumers with numerous hotels to choose from and book. In Europe, OTAs have been growing as they offer an efficient and fast customer experience. Providing customers with […]
Sharing Personal Data: Here’s Why Travel Technology is Safe
Over the last year, the tech revolution has accelerated within the travel industry. Some of the innovations are either designed to help directly with COVID-related issues like crossing the border, measuring temperature, etc, or to optimize processes and reduce waiting times. On the other hand, the travel industry took this market “shut down” to improve […]
Top Tips to Optimize Hotel Distributor Margin Management
Margin or revenue management in the travel industry is usually looked at from the perspective of hotels, airlines, rental companies, F&B, and other organizations that deliver travel products. But margin management applies to all of the organizations that deal with perishable commodities within the supply chain. Travel agents, OTAs, tour operators, and other third-party providers […]
How Sales Departments in the Travel Industry are Dealing with Innovation
The world of travel tech is very dynamic, making it hard to catch up with the latest developments. Hotelmize entering a partnership with Juniper is one of the latest developments in the sector. To help you catch up with what it implies and what it means for the travel agencies, we’ve invited Astrid Kastberg, Europe […]
6 Examples of How AI is Used in the Travel Industry
AI has made advances in many industries since it was invented. The ever-changing travel industry is also taking advantage of AI to revolutionize the way it operates. As a result, nowadays, travel companies highly leverage AI-powered tools and solutions for various processes from travel planning to landing in the destination. Here in this article, you […]
Most Important Travel Industry Publications To Follow as a Travel Professional
As a travel industry professional, it can be difficult to stay ahead of the pack and beat your competition. In some moments, it’s even difficult to stay up to date with current trends and not to mention coming up with something innovative. And yet, to thrive within the travel industry, you have to stay in […]
Big Data Can Improve Revenue Management in the Travel Industry
Big data has become a vital asset in many different industries in recent years. With so many people sharing their information online and platforms logging customer behavior, there’s a need for an efficient way to process all that raw information. The travel industry is no different, as owners and managers are constantly discovering new ways […]
6 Key Elements for B2B Revenue Management
Traditionally revenue management was initially used in the hotel industry. However, even though they weren’t aware of it, companies from different sectors have also been performing revenue management. It was mostly limited to B2C companies in e-commerce or other sectors, but time has shown that this “business philosophy” isn’t limited to B2C. You can apply […]
3 Ways How Companies Use Big Data
“Data is the new soil because, for me, it feels like a fertile, creative medium. Over the years, online, we’ve laid down a huge amount of information and data, and we irrigate it with networks and connectivity.” David Mccandless 2020 statistics reported by bornfight.com show that 90% of the world’s data has been created in […]
How Covid-19 Vaccines Are Changing Travel for Good?
On the 9th of November, 2020, it was announced that BioNTech and Pfizer made one of the candidates for a COVID-19 vaccine that showed over 90% of effectiveness in preventing people from getting infected with the coronavirus. This news immediately echoed throughout the world, finally providing the much-needed push that the dormant travel industry needed […]
How does a neural network work? Implementation and 5 examples
Artificial neural networks can be considered as one of the popular subject areas in computer science. The reason behind that is their ability to perform critical artificial intelligence-related tasks such as image classification and recognition, credit card fraud detection, medical and disease recognition, etc. What is a neural network? Simply said, a neural network is […]
Explore How Travel Companies Benefit From Corporate Partnerships in 2021
Technology has always had an important role in how businesses operate. Tech solutions bring a variety of options to all business industries, especially the travel industry. Airlines, travel agencies, OTAs, tour operators can all get specialized travel solutions from a leading travel technology firm. This will help them engage customers in a much more profound […]
6 Ways To Stand Out Among Competitors in the Travel Industry
The COVID-19 pandemic has put the travel industry on hold. In the years before 2020, the industry was growing at a rapid pace globally. But with all the restrictions and travel bans, the whole industry suffered terrible losses. The good news is that the whole industry is taking this time to perfect their services and […]
7 Mandatory Online Travel Booking Statistics
Due to the coronavirus pandemic, the need to travel is more prominent in people across the globe now more than ever. As a species, we have a knack for things we can’t do, and once this whole thing blows over and the borders are open, it’s safe to assume that people will be traveling like […]
An Interview With Cindy Chow – Let’s Talk About Entrepreneurship
Cindy Chow is the senior executive director of Alibaba entrepreneurs fund. She also worked as Senior Director of Finance for Alibaba, one of the world’s largest retailer and eCommerce companies. As one of the largest corporations globally, she ran the international finance front, which is a challenging but meaningful task. Cindy has joined us for […]
Quantifying Travel: How Many People Travel a Year?
Travelling is fun. Humans have been travelling ever since the dawn of civilization. These days, with so many vibrant cultures, gorgeous sights, and excellent food available worldwide, people can’t seem to get enough of travelling. Travelling itself has also become far, far cheaper than it used to be. While in the past, it took thousands […]
International Women’s Day – 8 Female Role Models in Travel Tech Everyone Should Look Up To
The travel tech sector is growing at the speed of light, yet it still feels like we’re light years away from bridging the gender gap completely. We have been taking a look at the current situations and numbers. The 2019 Global Report on Women in Tourism by the United Nations World Tourism Organization (UNWTO) shows […]
This is the Difference Between Artificial Intelligence and Machine Learning
Are machine learning and artificial intelligence the same thing? The Fourth Industrial Revolution, or the new era of technology, is driving rapid advancements in the development of Artificial Intelligence and machine learning as a prominent part of its set of technological developments. Klaus Schwab, the founder and chief executive of the World Economic Forum, described […]
Networking in the travel industry during COVID19
COVID19 caused disruptions across industries. However, it appears that the travel industry suffered the most as there was very little to do to cushion the blow of the pandemic – the industry had a 42.1% decrease in global revenue. While the pandemic paralyzed people and made traveling borderline impossible, it also kept hoteliers in place. […]
Online Travel Agencies Market Share Across the World
The rise of online travel agencies (OTAs) is one of the most dramatic examples of the digital transformation of business and society over the last 25 years. The travel industry growth statistics are very favorable as well and OTAs are taking advantage. In a relatively short space of time, OTAs – from giants such as […]
Best Tips for Keeping Your Travel Company up and Running While Working Remotely
The COVID-19 pandemic has impacted no industry quite like the travel industry. With travel bans, social distancing measures, self-isolation requirements, and more, many companies struggled to stay afloat. Global tourism revenue decreased by around 42.1% compared to the previous year, but things should start looking up with vaccines being underway. Still, it’s critical to stay […]
Tech Partnerships Are Shaping the Future of Travel
The travel and tourism industry has been going through many changes for more than a year now. The COVID-19 pandemic has hit the brakes on most travel, causing numerous online travel agencies (OTAs) and destination management companies (DMCs) to cease operations indefinitely. Fortunately, the travel industry is one of those that are certain to bounce […]
Top Online Travel Agencies to Partner with and Supercharge Bookings
“Once a year, go someplace you’ve never been before.” Dalai Lama The travel and tourism industry is one of those that continually bring innovation into the niche. New trends, such as travel technology, keep shifting the tide and changing the face of the industry as we know it. As the industry evolves, increasing bookings and […]
11 Best Travel Industry Podcasts to Follow
Listening to a travel industry podcast can be a very interesting and insightful experience. You can get the latest scoop on travel industry trends, learn useful business tips and tricks from industry experts, and discover new strategies for boosting profit. If you’re looking for the best travel industry podcast to follow, we highly recommend you […]
COVID 19 Impacts and What the Future has in Store for Travel Industry
At Hotelmize, we are always looking for inspiring people to bring relevant insights to the audience. Hotelmize Talks is designed around a very simple concept – deliver useful and actionable information to everyone in the travel industry. In our last Hotelmize Talks interview, we were looking into the world of investing – and there is […]
Demand Forecasting: Factors Affecting It, Why It is Important, & More
Markets of all sizes around the globe are becoming oversaturated. Meanwhile, harsh competition has made them volatile as well. Consumers have access to more information, which tremendously helps them in making the right purchasing decision. All of it makes the future uncertain for businesses. How does a business thrive and achieve objectives in such a […]
Hotelmize CEO, Dor Krubiner, selected as one of the industry’s best travel leaders by Phocuswright
We are happy to announce that our co-founder and CEO, Dor Krubiner, has been selected to attend the Young Leaders Summit. The summit is a private program by Phocuswright taking place during The Phocuswright Conference Online 2020, the most important event in the travel industry. This exciting news comes shortly after Hotelmize was named the […]
This is how dynamic packaging impacts tour operators
When Thomas Cook collapsed in September 2019, headlines suggested that the demise of one of the oldest travel companies in the world was the final nail in the coffin for the traditional package holiday. In truth, traditional tour operator package holidays, usually sold offline and consisting of set flights and accommodation, remain popular, particularly in […]
5 Travel Industry Facts You Need to Know in 2024
Travel is one of the most dynamic industries. There are many moving pieces of the travel industry puzzle, and each one affects its expansion, growth rate, and revenue. All these factors, such as supply and demand, availability of transportation, economy, and travel tech, are subject to changes. It makes tracking and learning travel industry statistics […]
What exactly is travel technology? All about this industry game-changer
Technology has become an integral part of our lives, completely changing how we work, shop, eat and spend our leisure time. With just a few simple taps on our smartphone, we can order food, purchase home appliances, make dinner reservations, and much more. Constant technological advances have even made their way into the travel industry. […]
Travel Technology’s role in dealing with COVID-19
It is no secret that COVID-19 has wrecked millions of people’s dreams and plans for a vacation, relaxation, annual leave, and clearing their heads from the day-to-day issues on their minds. Also, for those who work in the travel industry, like individual travel agents, travel agencies (Online and offline), consultants, operators, tour guides and more, […]
What do online travel agents (OTAs) mean for hotel bookings?
Online travel agents (OTAs) are one of the key distribution channels that hotels have at their disposal in order to market and sell their room nights. This article investigates the relationship between hotels and OTAs and answers some key questions: Are OTAs good for the hotel industry?How much OTA commission do hotels pay?How important is […]
Travel Trends by Age Demographic: Age as the Key Factor in Tourism
As the travel and tourism industry keeps growing, travel trends keep changing. The switch to online solutions brought about one of the most significant changes in terms of booking. More and more people book their vacations with online travel agencies, as it’s easier, faster, and more convenient. However, most of the latest travel trends have […]
What are the main types of tourism distribution channels?
For the owners and employees of travel businesses, it’s important to have a good understanding of the distribution channels available to you. The digital revolution means there is a wide choice of online channels today. But do not forget your strategic partnerships and offline channels too. To avoid spending unnecessary time and money, you need […]
Phocuswright Europe Innovation Summit
A ride on the innovation track: Mize is the winner of Phocuswright Europe Innovation Summit Just in time: Mize introduces the Next Generation of Profit-Maximizing Technology – meet the Virtual Contractor. Phocuswright Innovation Summit, one of the most influential events in the travel industry, crowns the innovators with the greatest impact capacity on the tourism […]
How to Become a Travel Wholesaler in 3 Steps
Starting your travel agency or business is easier said than done. There are all kinds of different travel businesses you can try, so you first have to figure out exactly where you see yourself. Do you want to run a travel agency that makes arrangements for people, or are you looking for something more challenging, […]
Millennials’ Travel Statistics; How do They Travel?
As a travel agent or tour operator, it’s important that you have a clear idea about who your target customers are. Your business model and marketing approach will differ depending on whether you appeal to a broad range of customers or whether you focus on a particular travel niche or age group. Where do your […]
6 Key Travel Industry Growth Statistics
The travel and tourism industry is undeniably one of the biggest success stories of the last 75 years. While the world has undergone huge changes since the end of the Second World War and many industrial sectors have experienced turmoil and decline, travel and tourism have enjoyed remarkable growth. This article presents a selection of […]
10 Great Tourism Industry Registration Associations
As a member of the tourism industry, whether you’re a tour operator or a travel agent, you may be wondering how you can grow your network, find new clients or partners, and stay up-to-date on trends. Tourism industry associations offer a myriad of benefits to professionals and companies in the hospitality and tourism sector. In […]
The necessary importance of tour operators in the tourism industry
Tour operators are a key factor in the success of the tourism industry. Tourists count on tour operators to turn their dream vacations into realities. Booking a tour is an easy way for a traveler to experience a foreign land and make sure they hit the best spots. In this article we are going to […]
Unlocking the Potential of the Chinese Travel Market
Eric Zhuang is the Chief Strategy Officer of Dida Travel, a bed bank based in China with around 23,000 clients all around the world. As a technology-driven company, they work to improve the world in innovative ways. Eric has shared with us an exclusive insight into the travel industry, and we are pleased to now […]
Top 3 Types of Travelers That Use Travel Agencies
There are an abundance of reasons why people travel. What motivates one person to schedule a trip may be completely different from what drives another traveler to embark on the same journey. However, most people would agree that the less stress that goes into traveling, the better. Travel agencies, online travel agencies (OTAs) and tour […]
5 TRAVEL COMPANIES YOU NEED TO KNOW IN THE ASIAN MARKET
The Asian market has been known for dominating the travel industry, and this reputation is not changing any time soon. Travel in Asia is only expected to grow and thrive more in the upcoming years. If we take a look at the travel industry facts we can clearly see some greater development down the road. Asia […]
Role of Tour Operators in sustainable tourism: Challenges explained and solutions proposed
The travel industry has changed the way in which people view the world. Tour operators have contributed to the development of isolated areas all across the globe – making remote lands accessible to outsiders, empowering communities to represent their cultures, and bringing economic gains to areas that lack resources. In recent years, people have become […]
How To Generate Leads For Travel Business: The 6 Best Strategies
Wondering how to reach your potential guests? Today’s traveler uses a variety of avenues to research and book their trips – including both online and offline methods. If you want your travel business to be visible to potential guests, you need to set up a marketing strategy that will effectively generate leads and convert bookings. […]
How Mize creates value for clients with the data network effect
At Mize, we are proud to deliver value to our clients with data-driven solutions. Our mission is to allow for a better business environment in the hotel booking industry by increasing profitability and ensuring the existence and growth of the industry’s key players. How do we achieve this? It all starts with the data. What […]
The 6 Best Web-Based Tour Operator Software
Have you been wondering which tour operator software is best for you? Choosing the right tour operator software is one of the most important decisions you can make for your business. As more travelers and travel agents book online reservations in real-time, a user-friendly web interface and a robust booking management system are two of […]
How to create a tour operator business plan in 8 steps
Wondering how to turn your tour operator idea into a real business? The first step to launching a startup and getting investors onboard is to develop a formal proposal called a business plan. Whether you want to start a travel agency, a walking tour company, or an adventure travel business, you will use a business […]
Profit optimization for the travel industry: How to do it?
In good times or bad, it is important to optimize your ability to generate profit. The best way to do this is to take steps to increase your profit margins. These steps include accurately measuring your margins, carefully calculating your total costs, considering the 80/20 rule, looking at your existing sales, plus upselling and creating […]
What is the look-to-book ratio and how you can improve it
What is the look-to-book ratio? The look-to-book or look to book ratio is exactly what it says it is: a comparison of the number of people who visit a website with the number who make a booking. This ratio, if used with other important key performance indicators, can help travel companies understand how effective their […]
6 Risks for a travel agency business and how to solve them
The role of travel agencies and tour operators in the tourism industry is clearly essential, but these kinds of businesses face a number of risks. Some of these risks apply generally to the retail and service industries and others are specific to the travel industry. There are several challenges for a travel agency (or a […]
5 Trends That Could Define the Future of Tour Operators
What is the future of tour operators? What are the new trends? What predictions can we make for the rest of 2020? What predictions for the future in general? The future of business travel Business travel will remain a highly competitive segment for tour operators and travel agents because of its attractive margins. The world […]
Mize Attracts Series B Funding From Alibaba Entrepreneurs Fund and Brilliance Ventures
Alibaba is a Chinese multinational technology company specializing in e-commerce and retail. With a market capitalization of US$506 billion, it is the largest e-commerce retailer in China. Alibaba has taken note of Mize’s innovation and success and led the Series B round of funding, adding to the US$5 million raised in previous rounds. The Mize […]
6 growth opportunities for tour operators
Here are six steps that tour and activity providers can take to grow their businesses. 1. Ask searching question about your business When times are good and revenue is flowing you may not have the time or inclination to ask searching questions about your identity or your exact position in the marketplace. But every now […]
Coronavirus advice for travel businesses
The coronavirus is wreaking havoc on the international travel industry. The United Nations World Tourism Organization (UNWTO) is now expecting international tourist arrivals to fall by between 1% and 3% this year, resulting in an estimated loss of US$30-50 billion in international tourism receipts. You might, quite reasonably, be thinking that now is not a […]
The importance of profit optimization during crisis times
The international tourism industry is reeling from the impact of the coronavirus. Travel agents and tour operators are devoting most of their time to dealing with cancellations and enquiries from anxious customers as to whether it is safe to travel. As the number of infected persons continues to rise across the world, 24-hour news coverage […]
Big Data Solutions For The Travel Industry
Unlike some business terminology, big data is exactly what it sounds like. Every airline booking and every hotel stay leaves a data trail stored in conventional databases, but now we are creating vast swathes of digital data on social media, online review sites, search engines and retail platforms. Smartphones have added to the volume: every […]
Top 3 ideas to increase sales in your travel business
Increasing sales for a travel business is a balancing act of retaining your existing customers and finding new ones. You probably wondered many times how to increase sales in the travel business, right? We will give you some tips on how to make it by doing these 3 things properly: This article will provide ideas […]
Do you need a travel host agency?
You evidently have an interest in the travel industry. You may already be working as a travel agent or thinking about entering this exciting market for the first time, attracted by the prospect of being your own boss and working from home. You probably already have some idea of what a travel host agency is […]
What is an online booking system and how do I choose one?
Making purchases over the internet is a part of daily life. In the US, e-commerce’s share of total retail sales has doubled in the last six years, and is forecast to reach 13.7% in 2021. And if there is one industry that ecommerce has truly revolutionised, then it’s the travel industry. Globally, 82% of all […]
7 KPIs for OTAs that you SHOULD be watching already
Online travel agents must evolve to overcome today’s challenges while remembering why customers loved them in the first place The outlook for the international travel industry remains broadly positive, although price growth is expected to slow. Despite a projected 3.5 percent growth for the global economy in 2020, airfares are set to increase by a […]
How to Maximize profits from your hotel booking segment
The rise of Cloud services and the still-evolving potential of big data have brought a revolution to the travel industry which is still playing out, as noted by McKinsey as far back as 2012. One of the many benefits brought by big data is the ability to predict price fluctuations in hotel rooms and vacation […]
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