http://www.wiredhotelier.com/news//4029577.html

GALILEO LAUNCHES MULTI-CURRENCY RATE DISTRIBUTION FOR HOTELS

All hotels which use Galileo, a Global Distribution System(GDS), have now access to multi-currency rate distribution.
It enables these hotels to get their rates in different currencies, and therefore to tailor adapted prices for specific markets. It means that these hotels adopt certain prices for certain customers, it depends on the nationality and customers' requirements. This system enables to grow the hotelier market.
This new functionality is also important in the fight against fluctuating exchange rates which compell hotels to introducing their prices in a stable currency, then it can make these hotels not really attractive for native people.

As far as I'm concerned, this sytem is really interesting because it enables hotels to provide for a range of certain services and products according to certain customers, and then adapt also prices to nationalities because we know that certain foreigners are willing to pay a lot for certain services.

http://www.wiredhotelier.com/news//4029528.html

BOOKING

The word "booking" characterizes an hospitality industry.

Nowadays, the fact of enabling customers to book rooms online is really important for hotels' business.
For hotels, this technic enables them to get more customers, and to grab more room bookings.
And for customers, this online system enables them to book their rooms when they want, to be served really quickly, no more waiting, and to feel more secure.
Moreover hotels have to optimize their website, it means to arrange their data in storage so that a minimum amount of machine time is spent for access when data are called out. They have also to be more accessible for certain search engines.
Furthermore the plus of online booking system is that hotels don't pay commission fee.

For me, this online booking system is really useful and interesting for hotels' business. They get some benefits, and they can increase the number of target customers.