Pacific Hotel Payments Landscape is eager for transformation in line with tourism recovery
Kovena’s Pacific Islands Hotel Insights 2022 Report finds that accommodations in the Pacific pay up to 211% more for international transactions.
18 August 2022, Suva, Fiji Islands: Today, Kovena, the world’s first hotel-only payments solution, releases its inaugural Pacific Islands Hotel Insights 2022 Report. Providing valuable insights on the technology currently being used by hoteliers in the region, the report details information on payment collection, running daily operations, distribution and inventory marketing, as well as data on how hoteliers are improving their guest experience using technology.
The report has been produced by Kovena in cooperation with Pacific Trade Invest (PTI), Hotel Link, and CounterPoint, in a bid to improve the global competitiveness of Pacific Hotels. With over 130+ responses from hotels across the Pacific Islands, the report draws comparisons to guest booking experiences in other markets globally and provides actionable insights for local hotels.
Key highlights from the report include:
- Pacific Island hotels pay 211% more for international transactions, based on the average percentages rates charged vs global percentages charged
- 54% of local hotels do not offer card payments at the time of booking
- 26% of hotel bookings within the region are made directly through the hotel website
- 44% of Pacific hotels manage operations manually without a Property Management System (PMS)
Speaking on the report, Kovena’s General Manager, Samuel Rutledge commented, “The Pacific Islands Hotel Insights Report is a great tool for Pacific hotel operators wanting to understand what their competitors are doing in the region, as well as benchmarking their practices, payment charges and tech solutions against global best standards.”
The Pacific Islands Hotel Insights 2022 Report will be available to access from today at a cost of $399AUD. The full report is available free of charge to participants that partook in the survey.
To access the report, please visit: kovena.com/blog/pacific-islands-hotel-insights-2022
Micro Reports will be released each quarter with data derived from the Pacific Islands Hotel Insights 2022 Report, and will be free to access. On 25 August, Fiji Time (FJT), The Pacific Islands Hotel Insights 2022, Booking & Pre-stays Micro Report will be available to access, free of charge.
Founded in Australia, Kovena provides an embedded payment solution for hotels.
With a management team that consists of ex-AirBnB and ex-HotelTonight entrepreneurs, they are on a mission to revolutionise the payment processes for accommodations of all sizes.
With decades of experience in online payments, hotel management software and technology, Kovena developed a solution that helps resolve core pain points faced by hoteliers- by creating a bespoke payment solution only for hotels.
Kovena’s vision is to make travel better, by providing a frictionless booking and payment experience built for hoteliers and travellers, globally.
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