
Business Update18 Jun 2024, 02:20 pm
RateGain with NYU and HEDNA Creates the First Ever Report to Benchmark the State of Distribution for Hospitality
AI Summary
RateGain Travel Technologies Limited, in collaboration with the NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality and its Hospitality Innovation Hub Experiential Learning Lab, and HEDNA, has released the first edition of The State of Distribution for 2024. This report, based on primary research conducted from December 2023 through May 2024 with over 11,000 hotel properties across various regions, aims to help leaders with strategic decision-making, prioritizing technology investments, organizational restructuring, and training and education. The report highlights the importance of ease of implementation, clear ROI, and technology training in hoteliers' decision-making process.
Key Highlights
- The first ever report to benchmark the state of distribution for the hospitality industry
- Based on primary research conducted from December 2023 through May 2024 with over 11,000 hotel properties across various regions
- Aims to help leaders with strategic decision-making, prioritizing technology investments, organizational restructuring, and training and education
- Highlights the importance of ease of implementation and clear ROI in hoteliers' decision-making process
- Emphasizes the need for technology training as a key area of investment for all types of hotels