What does hotel ota mean?

Hotel ota refers to online travel agencies.

I don’t seem to understand it. In fact, in simple terms, it is Meituan. The hotel booking platform you see on Ctrip can be understood as the hotel OTA they call it. If you don’t quite understand it yet, that’s okay. Let’s first understand the OTA platforms. In addition to Meituan, Ctrip and eLong, Qunar, Tongcheng, Fliggy, etc. Many platforms can promote hotels online and provide online ordering.

In fact, there are also third-party organizations that do this, and they even found us. The content is roughly like this: "Hello, we are engaged in hotel OTA operation and hotel procurement replacement business. Can we chat?"

The replacement cooperation model means that we help hotels advance funds and pay suppliers for procurement. , the hotel sells the rooms to us online through OTA, which is this cooperation model. Through our model, we can promote cooperation with hotels and solve the problem of hotel funding needs and suppliers’ long payment cycle.

Prospects of the hotel OTA industry

As the times progress, people have higher and higher requirements for the quality of life. There is no need to waste more time on things that can be done in ten minutes. , this is very important, efficiency is very important in the 21st century, so now the 5G network is being hyped every day. Simple, convenient, accurate and reliable, these are the necessary conditions for emerging industries!

Our domestic hotel industry is currently in a stage of rapid development. Compared with European and American countries, there is still a gap. There is huge market potential, and the proportion of online orders has already exceeded offline orders. In 2019, China's online hotel bookings showed a very good momentum, with the number of room nights booked in 2019 exceeding 900 million.