Press Releases from Haynes MarComs (2 total)
Europe gains pricing control as hotels tackle rate parity
The European hotel market is leading in price parity by outperforming OTAs and Metasearch engines with more aggressive pricing, according to the World Parity Monitor by 123Compare.me, giving hotels real-time control of their pricing distribution strategy.
Compared to Asia and America hotel markets, Europe improved its pricing during "Peak" season* - between October 2023 and October 2024 - with over 48% of direct rates better than third party channels. This…
Journey Hospitality completes £5M growth capital raise
Hotel technology business Journey Hospitality has secured £5 million growth capital investment. The funds, from private equity firm Averroes Capital, will enable Journey to deliver its vision to revolutionise ecommerce for the hospitality industry.
This is the first growth funding raise for the organically-grown company since it was established in 2010. Following the successful launch of onejourney® - an all-in-one ecommerce platform for hotels - Journey will use the funding…
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