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 back quickly once life finally gets back to normal. People can’t wait to travel the world again without worrying about the virus, so OTAs, DMCs, hotels, and other businesses in the industry will undoubtedly survive.
But how can they weather the storm for the time being? Teaming up with a travel tech company might be the answer.
Benefits of Tech Partnerships in the Tourism Industry
Tech partnerships drive long-term growth for both (or more) parties and benefit the tourism industry on the whole. When you find the right partner to join forces with, you can share resources and help one another seize profitable revenue opportunities.
The more time and effort you invest in it, the better results you’ll achieve. Of course, that has to be a two-way street, just like in any other relationship. This is the case with Juniper and Hotelmize, two travel tech companies that are working together to help OTAs worldwide during these turbulent times.
Tech partnerships also inspire innovation. Partners work together on improving one another’s services to ensure efficiency, effectiveness, and long-term success. They collaborate with a common goal in mind to maximize each other’s potential, satisfy customers, and boost sales and profits.
You can achieve more together and turn every challenge into an opportunity.
Encouraging Innovation with Game-Changing Solutions
After months of hard work, several calls, and tech teams working together to realize their goal, we can finally say that Hotelmize and Juniper have successfully launched their new excellent partnership.
Juniper is a travel tech company that provides travel businesses with state-of-the-art solutions for automating bookings, reducing operational costs, improving management, and boosting sales. The company is one of the industry leaders that offer first-class reservation systems, among many other services ensuring a seamless user experience.
Here at Hotelmize, we also offer cutting-edge travel tech solutions. We help hotel resellers uncover hidden revenue opportunities and maximize marginal profits.
We help them track price fluctuations and predict future prices, turning the booking price volatility into an opportunity.
Our post-booking solution’s technology is based on AI, big data, and machine learning, which enable efficiency and high accuracy regarding price prediction. Together with our room mapping technology, the prediction algorithms enable maximum arbitrage in a single booking.
OTAs, DMCs, bed banks, tour operators, and wholesalers can leverage our technologies to strengthen their infrastructure and optimize profits.
Our partnership with Juniper enables us to bring innovation to the travel industry and help Juniper’s client bases become more profitable.
We understand that’s challenging in this unprecedented time, which is why we’re working at full steam together to benefit our clients and help the industry endure and thrive.
Top Travel Tech Companies to Partner With
As they say, two heads are better than one. But why stop at two? You can partner with as many companies as you want and take your business to a whole new level.
Apart from Juniper, Hotelmize also had several collaborations with travel tech companies during the previous year. You can check them out below:
- The collaboration with Doblemente
- The collaboration with Intuitive
- The collaboration with DCS Plus
- The collaboration with Technoheaven
- The collaboration with Nemo
- The collaboration with Bookingmotor
- The collaboration with Travtion
- The collaboration with Netstorming
How Does Travel Technology Revolutionize the Industry?
Travel technology enables travel organizations and travelers to automate and streamline trip planning.
Did you know that 39% of travelers use smartphones to make hotel bookings?
Apart from bookings, they can also make payments, check-in and out of a hotel, order room service, control room temperature and lights in a hotel room, and much more. They even take virtual tours of hotels and other establishments, thanks to VR and AR technologies.
AR, AI, chatbots, and virtual assistants enable personalized experiences as well. For instance, AR can help you overcome language barriers and check your luggage’s size before heading to an airport.
As mentioned above, AI, machine learning, and big data can provide valuable insights for improving one’s business. Apart from predicting booking prices, they can identify consumer preferences, interests, and behavior.
There’s so much more than travel tech has brought to the tourism industry, so it’s more than worth implementing it into your business. It can supercharge your profits in the long run, especially since it’s only going to get more advanced.
If you’d like to partner with us, we’ll be more than happy to discuss your needs and answer all your questions. You can also request a demo of our tech to see Hotelmize in action.
Patricia holds degrees in; Advertising and Applied Communications, Tourism Management and a Master’s Degree in Economics for Development.
She has over ten years of experience in ON and OFF Marketing in big corporations, focusing on the latest years in the startup sector.