BEONx announced that it has become the first Revenue Management System (RMS) to incorporate a dedicated module for tour operation. The BEONx Tour Operation Module innovatively enables resort accommodations to optimize tour operation distribution. Vacation hotels play a vital role in the travel industry and rely primarily on tour operators to drive bookings. However, effectively managing is difficult due to the diverse budgetary and strategic requirements of each tour operator contract requirement and other segments pricing strategies. For this reason, hoteliers struggle with the lack of a comprehensive revenue management tool, resulting in the loss of inventory control, the possibility of human error from manual processes, significant time consumption due to manual reports, and profit erosion as a result of a limited focus on Total Revenue and reliance on legacy systems. These obstacles hinder the industry’s effectiveness and profitability. Cayetana Fernández, VP of Product at BEONx, said: “We are thrilled to introduce the BEONx Tour Operation Module, a revolutionary solution designed to resolve the unique challenges vacation hotels face in optimizing due to their heavy reliance on tour operators. Resorts face challenges in optimising distribution and outperforming tour operation competitors. With our new BEONx Tour Operation Module, hotels will effectively manage its inventory by leveraging advanced systems and AI algorithms, empowering resorts to attract direct reservations, increasing efficiency, and achieving long-term profitability in the dynamic hospitality industry.” BEONx’s TourOperation Module is poised to revolutionise the way vacation hotels manage their tour operations. This innovative solution addresses the intricate challenges faced by vacation hotels in managing tour operators (TOs) efficiently and profitably. Simplicity in complex revenue management: Intuitive tools to optimize room pricing across different outlets and points of sale, …
Read More »Over 1000 tour operators at MATKA 2019
Nordic Travel Fair (MATKA) held from January 16 to 20, 2019 in Messukeskus, Helsinki in Finland this year marked 30 years as the biggest travel industry events in Northern Europe with 940 exhibitors, 86 destinations under the theme ‘hidden treasures.’ The first two days were only for travel industry professionals with workshops and presentations and the last three were dedicated to consumers looking for travel deals and inspiration. MATKA targets travel industry professionals from all around the world. Buyers and suppliers, especially from Finland and Nordic countries find the event valuable. They focused on workshops and networking to boost sales, and on presentations relevant to industry professionals. Sustainable travel and modern sales are highlighted in MATKA 2019. As Nordic destinations is growing among Middle Eastern travellers, MATKA provided a good platform to take a look at these destinations and the travel experiences that are offered for visitors. 2019 had a strong focus on responsible and sustainable travel as well as food tourism with over 70,000 visitors. A number of exhibitors from Middle East has grown in the recent years and in 2019 destinations such as Sharjah and Ras Al Khaimah from the United Arab Emirates.
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