Showing posts with label OTA. Show all posts
Showing posts with label OTA. Show all posts

Thursday, September 24, 2009

Consumers Use of Travel Web Sites for Booking Still Strong

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monopoly-e-commerceImage by danielbroche via Flickr

Great news for those of us in the hotel eCommerce business. There is no report of our early death yet.

In fact, according for PhoCusWright monthly visits to supplier and OTA sites were up 13% in Q2 2009 vs. same time last year. The PhoCusWright Online Traffic and Conversion Report just released tells a tale of the continuing importance of the internet channel to supplier performance. Additionally, hotel suppliers are also doing a better job than the OTAs of converting those visits to reservations.

The reality is that people are spending more time online researching and shopping for their travel. According to Carroll Rheem, Director of Research at PhoCusWright,
"We found that visitation to planning and review sites drives dramatic differences in hotel conversion rates. Understanding the intricate relationships that connect all travel sites is essential to setting the right strategic path."
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Wednesday, June 4, 2008

Moving On Up - Online Hotel Bookings Contine Move to Supplier Sites

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Score one for the good guys. In 2005 hoteliers started the drive for best rate guarantees and it continues to pay off. The latest comScore study shows that 72% of online hotel bookings are currently going to supplier sites. This is a positive 3.2% change from the same time last year. This trend indicates what I have been thinking for a while that travel agent sites are becoming more of a shopping tool.

This is great news from my perspective. However, hoteliers need to be careful not to end up back in the same spot they were in during the downturn in 2001 to 2003. The key right now is to increase exposure via ppc and other ROI driven online marketing.

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Friday, April 4, 2008

Are Travel Suppliers Ready for gTravel?

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Regardless of what you would call the result of Google buying up Expedia, you have to admit that the idea of this happening is potentially game changing.  This could be as big as the growth of online travel agencies in the post 9/11 dip.  But shouldn't come as a surprise as many people have speculated that Google would jump into the travel world eventually.


What are your thoughts?
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