Latest news with #RateHawk
Tourism Breaking News
12-06-2025
- Tourism Breaking News
Turkey, Italy, France, Thailand emerge as top summer getaways by GCC : RateHawk
Post Views: 30 According to RateHawk, the top 10 outbound destinations for the entire summer include Turkey, Italy, France, Thailand, Spain, the United Kingdom, Switzerland, Austria, Greece, and the United States. The average transaction value for accommodation bookings is $1551, with an average stay of five nights. Although Indonesia didn't enter the top 10 most-booked outbound destinations, it has become one of the fastest-growing travel choices, showing a remarkable two-fold increase in bookings year-over-year, according to RateHawk. Traditionally, over half (53%) of these bookings are located in Bali, particularly in popular areas such as Ubud, Kuta, and Munduk. The visa-free policy and strong air connections with the GCC region, including a newly launched Saudia flight from Jeddah to Bali, continue to boost tourism to this tropical island. European destinations, with top choices in cultural capitals such as London, Paris, Milan, Munich, and Barcelona, remain a traditional favorite among GCC travelers seeking to escape the summer heat. The steady growth of tourism to Europe continues, driven by improved connectivity through the launch of new direct routes to popular destinations, including Saudia's flight to Venice and Flydubai's flights to various Greek resorts, such as Corfu, Santorini, and Mykonos. Thailand, another favourite Asian destination among GCC travelers, continues to show steady growth of 48% from last year, especially in areas like Bangkok and Phuket. Travelers heading to Asia typically choose longer stays, often up to one week in just one hotel. Serkan Ozbay, Regional Director in the Middle East region, commented: 'Summer season in the GCC region traditionally has two spikes in travel demand. The first peak aligns with the Eid Al-Adha holidays, which this year fall between 5 June and 9 June, with Dubai as the most popular choice for a staycation within the region and Istanbul as the most preferred outbound destination. The second peak coincides with the start of the local school break in late June and early July, with bigger interest in long-haul summer getaways to Europe and Asia. Whatever destination travelers prefer, RateHawk helps travel agents find attractive offers from our extensive global inventory of 2.7 million accommodations. Additionally, our consolidation strategy, which combines sourcing from over 320 wholesalers, 100 DMCs, and over 130,000 direct contracts, allows our partners to quickly adapt to growing interest in emerging destinations.'
Tourism Breaking News
20-05-2025
- Business
- Tourism Breaking News
RateHawk and GlobalStar announce strategic partnership
Post Views: 80 RateHawk announced a strategic partnership with GlobalStar Travel Management . This new partnership gives GlobalStar's partners around the world access to RateHawk's extensive inventory. RateHawk's all-in-one system will provide Global Star's partners over 2.7 million accommodation options, alongside a number of supplementary supplier sources for car rentals, transfers and train tickets. To assist travel managers in efficiently navigating the wide array of options, the company's AI-powered tools prioritise recommendations based on the most competitive rates available. 'Our collaboration is designed to further empower GlobalStar partners, increasing their confidence in the daily booking routine. We source our diverse range of accommodations from not only 320+ suppliers but also 130,000+ directly contracted properties. This enables us to provide real-time availability status and facilitate faster amendments. Also, our ML-driven pre-book check procedure helps minimise the risk of possible issues, ensuring a smoother experience. Additionally, our dedicated support team is available in 32 languages to assist with any inquiries,' shares Ilya Kravtsov, Chief Commercial Officer at Emerging Travel Group, RateHawk's parent company. 'We are delighted to be partnering with a respected global booking system like RateHawk to complement our existing GDS-based hotel programme. In particular, RateHawk's ability to provide 'pre-pay' and 'credit' facilities closes a gap for GlobalStar in supporting our Partners in regions where this feature is a 'must-have' to manage hotel bookings. Alongside this, the additional flexibility of API integration provides our Partners with an opportunity for deeper integration where required. Initial feedback from our Partners has been extremely positive, and I look forward to engaging closely with the Network in the coming months to share more information, ' stated Julian Russell, Executive Director, IT and Supplier Relations, at GlobalStar.
Arabian Post
20-05-2025
- Business
- Arabian Post
GlobalStar and RateHawk Forge Alliance to Expand Travel Inventory Access
GlobalStar Travel Management has entered into a strategic partnership with RateHawk, a B2B booking platform, to enhance its global accommodation offerings. This collaboration grants GlobalStar's partners access to over 2.7 million lodging options, including hotels, apartments, and resorts, sourced from more than 320 suppliers and 130,000 directly contracted properties. The integration of RateHawk's inventory into GlobalStar's system aims to streamline booking processes for travel managers. RateHawk's AI-driven tools prioritise recommendations based on competitive rates, while its machine learning-powered pre-book check procedures help minimise potential issues. Additionally, the platform offers real-time availability updates and supports faster amendments, enhancing operational efficiency. Julian Russell, Executive Director of IT and Supplier Relations at GlobalStar, highlighted the benefits of the partnership, noting that RateHawk's provision of 'prepay' and 'credit' facilities addresses a critical need for partners in regions where such features are essential for managing hotel bookings. He also emphasised the positive initial feedback from GlobalStar partners and the potential for deeper integration through API connectivity. Ilya Kravtsov, Chief Commercial Officer at RateHawk's parent company, Emerging Travel Group, expressed enthusiasm about the collaboration, stating that the partnership is designed to empower GlobalStar partners by increasing their confidence in daily booking routines. He underscored RateHawk's commitment to providing diverse accommodation options and robust support, available in 32 languages, to assist with inquiries.
Trade Arabia
20-05-2025
- Business
- Trade Arabia
RateHawk, GlobalStar partner for inventory access
RateHawk, a B2B online system for booking hotels, air tickets, and transfers, has announced a strategic partnership with GlobalStar Travel Management, a worldwide travel management organisation. This new partnership gives GlobalStar's partners around the world access to RateHawk's extensive inventory. RateHawk's all-in-one system will provide Global Star's partners over 2.7 million accommodation options, alongside a number of supplementary supplier sources for car rentals, transfers and train tickets. To assist travel managers in efficiently navigating the wide array of options, the company's AI-powered tools prioritise recommendations based on the most competitive rates available. 'Our collaboration is designed to further empower GlobalStar partners, increasing their confidence in the daily booking routine. We source our diverse range of accommodations from not only 320+ suppliers but also 130,000+ directly contracted properties. This enables us to provide real-time availability status and facilitate faster amendments. Also, our ML-driven pre-book check procedure helps minimise the risk of possible issues, ensuring a smoother experience. Additionally, our dedicated support team is available in 32 languages to assist with any inquiries,' shares Ilya Kravtsov, Chief Commercial Officer at Emerging Travel Group, RateHawk's parent company. "We are delighted to be partnering with a respected global booking system like RateHawk to complement our existing GDS-based hotel programme. In particular, RateHawk's ability to provide 'pre-pay' and 'credit' facilities closes a gap for GlobalStar in supporting our Partners in regions where this feature is a 'must-have' to manage hotel bookings. Alongside this, the additional flexibility of API integration provides our Partners with an opportunity for deeper integration where required. Initial feedback from our Partners has been extremely positive, and I look forward to engaging closely with the Network in the coming months to share more information, ' stated Julian Russell, Executive Director, IT and Supplier Relations, at GlobalStar.
Independent Singapore
29-04-2025
- Business
- Independent Singapore
Travel platform RateHawk reports 67% global bookings surge in 2024 as travel demand rebounds
B2B travel solutions firm RateHawk reported a 67% increase in global bookings in 2024, according to the travel booking platform's statement released on Monday (April 28). The platform, used by travel professionals to book hotels, flights, and transfers, also saw its net booking value rise by 1.8 times compared to 2023. The company's performance was one of the main drivers behind the S$3.7 billion gross transaction value reached by its parent company, Emerging Travel Group, based in the UAE. The demand for RateHawk's transportation booking services, including flight tickets and transfer bookings, doubled in 2024. According to the company, the most popular international destinations booked by travel agents in Asia were the UAE, France, Switzerland, the USA, and Italy. Within the region, the most popular were Japan, Malaysia, Thailand, and India. Felix Shpilman, President and CEO of Emerging Travel Group, RateHawk's parent company, citing the latest UN Tourism report, said that as 1.4 billion people travelled internationally in 2024—nearing pre-pandemic levels—the company saw increased demand and growth across both its own and its partners' businesses. Erik Akhmetgaliev, Regional Director in the APAC region, said, 'In 2024, our business in Asia demonstrated a record fourfold increase in net booking value year-over-year. A new headquarters in Singapore and localisation in several new languages, including Japanese, Vietnamese, and Thai, stimulated the significant growth of our partners and their bookings.' Last year, the company added over 70 new global accommodation suppliers, taking the total to more than 300 wholesalers. It also signed direct deals with over 34,000 properties, bringing that number to around 120,000. In total, RateHawk now offers more than 2.6 million accommodation options on its platform. It also introduced train travel service across Europe, with over 25% of travel professionals using it within three months of its launch. In addition, it partnered with 500 new entities, including China's most popular online travel agency, Ctrip. The platform added support for eight more languages last year, bringing the total to 32. To strengthen its position in Asia, RateHawk also launched a new headquarters in Singapore. Over 93,000 travel professionals worldwide are using the platform. Of this, over 13,000 professionals are in Asia. The company has offices in Berlin, Dubai, Limassol, Lisbon, London, Singapore, Warsaw, and Wilmington and employs over 500 staff in commercial roles globally. Mr Akhmetgaliev said, 'We feel very optimistic about 2025, taking into account impressive RateHawk figures we have already achieved in the first quarter.' /TISG Read also: Singapore flyers to enjoy one-way fares from S$86 to Vietnam as Vietjet celebrates new airbus addition
