turn ota lookers into direct bookers

31
Technical difficulties? Contact Citrix GoToWebinar 1-800-263-6317 [email protected] m Turn OTA Lookers into Bookers How Improving Your Look on OTAs Can Drive Direct Bookings vfmleonardo.com facebook.com/vfmleonardo @vfmleonardo September 25, 2013

Upload: leonardo

Post on 09-May-2015

2.732 views

Category:

Travel


0 download

DESCRIPTION

How improving your look on OTAs can drive more direct bookings.

TRANSCRIPT

Page 1: Turn OTA Lookers into Direct Bookers

Technical difficulties?

ContactCitrix GoToWebinar

[email protected]

Turn OTA Lookers into BookersHow Improving Your Look on OTAs Can Drive Direct Bookings

vfmleonardo.com facebook.com/vfmleonardo @vfmleonardo

September 25, 2013

Page 2: Turn OTA Lookers into Direct Bookers

Vice-President,Best Practices, Online MerchandisingVFM Leonardo Inc.

Darlene Rondeau

@darlenerondeau

Page 3: Turn OTA Lookers into Direct Bookers

Founder, RockCheetah

Robert Cole

Page 4: Turn OTA Lookers into Direct Bookers

Managing Director,Marketing Programs,Best Western International

Glen MacDonell

Page 5: Turn OTA Lookers into Direct Bookers

Founder, RockCheetah

Robert Cole

Page 6: Turn OTA Lookers into Direct Bookers

Major OTA/Meta-search Travel Studios

• Powerful Machines– Production– Distribution– Promotion

• Create Stars– Develop Talent– Showcase Leaders– Create Opportunities

• Sell The Product– Right Script– Right Casting– Right Direction

Image Credit: Paramount Pictures (All Rights Reserved)

Page 7: Turn OTA Lookers into Direct Bookers

Major Forces in Travel• Priceline | $51.3B Mkt Cap | 36.4M US UV’s

– Booking.com | Agoda | Kayak | RentalCars.com

• Expedia | $7.3B Mkt Cap | 40.6M US UV’s– Hotels.com | Hotwire | Venere | eLong | Trivago

• TripAdvisor | $10.6B Mkt Cap | 43.8M US UV’s– JetSetter | CruiseCritic | SeatGuru | GateGuru

• Google | $300.8B Mkt Cap | 192M US UV’s– ITA Software | Zagat | Frommer’s | Waze

• Apple | $425.0 B Mkt Cap | 600M Credit Card #’s– See iTravel Patents | Starwood & Hipmunk iOS7 Apps

Statistics:Yahoo! Finance & C Image Credit: RKO Radio Pictures (All Rights Reserved)

Page 8: Turn OTA Lookers into Direct Bookers

Intermediaries Love Media

• Expedia Brands– $870 Million Total Advertising Spend 2012– Average $22.28 Core Ad Spend per Room Night

• Priceline– $1.27 Billion Online Spend 2012 (38.6 % Increase)– 2.6% of Google Search Advertising Revenue– Priceline Offline Ads $35 Million in (US Television)– Average $11.50 Core Ad Spend per Room Night

• TripAdvisor– Considering $50 Million Television Campaign

Data: Susquehanna International Group, Priceline/Expedia & Bloomberg | Image Credit: Metro-Goldwyn-Mayer (All Rights Reserved)

Page 9: Turn OTA Lookers into Direct Bookers

OTAs & Meta-search Rule MobileRank Travel App Type Downloads Satisfaction Rating

1 TripAdvisor Meta-search 23.3 Million 8.5 / 10

2 Hotels.com Online Travel Agency 13.0 Million 7.5 / 10

3 Kayak Meta-search 12.1 Million 8.0 / 10

4 Booking.com Online Travel Agency 10.9 Million 8.0 / 10

5 Hotwire Online Travel Agency 8.4 Million 6.2 / 10

6 Expedia Online Travel Agency 7.0 Million 6.5 / 10

7 Priceline Online Travel Agency 5.4 Million 6.0 / 10

8 Travelocity Online Travel Agency 2.9 Million 3.7 / 10

9 Hotel Tonight Online Travel Agency 2.8 Million 8.2 / 10

10 Orbitz Online Travel Agency 2.3 Million 7.0 / 10

11 Agoda Online Travel Agency 2.1 Million 8.1 / 10

12 HRS (iHotel) Online Travel Agency 2.0 Million 5.3 / 10

13 Airbnb Online Travel Agency 2.0 Million 7.3 / 10

14 Trivago Meta-search 1.6 Million 4.9 / 10

15 Hipmunk Meta-search 1.3 Million 8.0 / 10

16 IHG Hotel 1.1 Million 7.5 / 10

Data: Xyo.com, PhoCusWright & RockCheetah | Image Credit: Dimension Films (All Rights Reserved)

Page 10: Turn OTA Lookers into Direct Bookers

Purchase Path Is Not Short or Straight

Data: Millward Brown Digital/ Expedia Media Solutions | Image Credit: Metro-Goldwyn-Mayer (All Rights Reserved)

Page 11: Turn OTA Lookers into Direct Bookers

What Sites Do Travelers Choose?

When Comparison Shopping Leisure Business

Expedia.com (E) 42% 44%

Hotels.com (E) 39% 36%

Travelocity.com (E) 37% 34%

Google 35% 25%

Priceline.com (P) 32% 27%

Orbitz.com (O) 29% 31%

Hotwire.com (E) 25% 26%

Specific Hotel Brand Website 23% 25%

Kayak.com (P) 17% 24%

AAA.com 15% 15%

Data: Google Travel Study. May 2012. Ipsos MediaCT | Image Credit: Warner Bros. (All Rights Reserved)

Page 12: Turn OTA Lookers into Direct Bookers

Celebrate What Makes You Unique

• Compelling Descriptions that Explain How You:– Make the Guest Feel Special– Simplify the Traveler’s Life– Satisfy Guest Needs Better than Competition

• Engaging Images Showing Your Hotel in Action– Is a Building Exterior the Most Important Sales Benefit?– Why is the Property Empty?– Are Interior Design Shots more for Hoteliers or Guests?

• Relevant, Guest Oriented Video Content– InterContinental’s Concierge Video Guides Offer Local Tips– Four Seasons Buenos Aires – Films Gala Events– Best Western Plus Sedona – Destination, Hotel & Guests

Image Credit: Metro-Goldwyn-Mayer (All Rights Reserved)

Page 13: Turn OTA Lookers into Direct Bookers

Effectively Communicate Message

• What Story Are You Telling?– Different Channels May Require Different Messages– Tailor Message to YOUR Audience Through THEIR Platform– Not an Update & Forget Environment

• Use All Available Tools & Across Major OTAs– OTA Resources Often Used by Meta-search Sites– TripAdvisor Support Hotelier Video Posts– Google Business Photos - StreetView Virtual Tours

• Google Knowledge Graph is a Game Changer– Hotel Images Prioritized at Top of Search Results– Photo | Rating | # Reviews | Street Address– At Present, More Relevant List than Hotel Price AdsImage Credit: Gracie Films (All Rights Reserved)

Page 14: Turn OTA Lookers into Direct Bookers

Looking Good Will Attract Attention

• Important Segments Deserve Targeted Images– LGBT– Families– Honeymoons

• Engaging Images Showing Your Hotel in Action– Proper Orientation – Understand Cropping Methods– Appropriate Sizing – Different Resolutions Are Important– Descriptive Titles, Captions & Tagging

• People Stay in Hotels– Guests Enjoying Key Points of Differentiation– Guests Naturally Interacting with Staff– Guests Interacting with Other Guests

Image Credit: Twentieth Century-Fox (All Rights Reserved)

Page 15: Turn OTA Lookers into Direct Bookers

True Love or Marriage of Convenience?

• OTAs/Meta-search Drive Volume– Strong Traffic & Advertising– Dominate Mobile Platforms– Tactical Promotion Capability to Shift Share

• Quality Presentation Across Guest’s Preferred Channels– Try to Convert to Hotel Direct or Guest Preferred Channel?– Want Best Opportunity for Conversion – Across Channels– Does Not Mean OTA/Meta Should Take Priority Over Direct

• The Studio Never Overshadows the Star or Project– Ignoring OTAs & Meta-search Shifts Share to Competitors– Need to Leverage Channel to Your Benefit, Not Just OTA’s– Must Focus on Setting Common Goals & Mutual Benefits

Image Credit: Buttercup Films (All Rights Reserved)

Page 16: Turn OTA Lookers into Direct Bookers

OTAs and meta-search are important distribution channels that must be properly managed

Key Takeaways

Withholding quality content from these channels will not drive more travel shoppers to your website

No matter what type of property you are, working with OTAs and meta-search sites can maximize occupancy & profit

Page 17: Turn OTA Lookers into Direct Bookers

Syndicate your Storyon the industry’s largest network of travel sites

Reach Millions

with visual stories across the travel industry’s leading

syndication network

Page 18: Turn OTA Lookers into Direct Bookers

Managing Director,Marketing Programs,Best Western International

Glen MacDonell

Page 19: Turn OTA Lookers into Direct Bookers

Over 4,000 Properties in 100 Countries

Page 20: Turn OTA Lookers into Direct Bookers

A Competitive Landscape

Page 21: Turn OTA Lookers into Direct Bookers

OTA Market Share Continues to Grow

Page 22: Turn OTA Lookers into Direct Bookers

BEST WESTERN PREMIER Eden Resort & Suites - Lancaster, Pennsylvania

Page 23: Turn OTA Lookers into Direct Bookers
Page 24: Turn OTA Lookers into Direct Bookers
Page 25: Turn OTA Lookers into Direct Bookers
Page 26: Turn OTA Lookers into Direct Bookers
Page 27: Turn OTA Lookers into Direct Bookers
Page 28: Turn OTA Lookers into Direct Bookers

Tell your story, your way

Key Takeaways

Share a consistent message across platforms

Fish where the fish are

Page 29: Turn OTA Lookers into Direct Bookers

Be Presentwhere consumers are shopping

Share your StoryIn a consistent, engaging way across third party websites with VBrochure.

Amplify your message on VNetwork, including all of the GDSs, corporate and review sites, and of course, the most popular OTAs.

Page 30: Turn OTA Lookers into Direct Bookers

About VFM Leonardo

It’s a Wrap…

Recording of this webinar◦ Share it with your colleagues

Invitations to upcoming webinars◦ Topics include maximizing your web presence on stepping

it up on social media, planning for 2014 and more!

Page 31: Turn OTA Lookers into Direct Bookers

Questions and Best Practices