Large amounts of travel planning, and particularly travel buying, now occur on digital channels in the UK. It’s little wonder, then, that the travel industry accounts for a large proportion of digital ad spend.
Monthly Archives: marzo 2015
CategoriesTripAdvisor Latest International Survey Foresees Positive Traveller Spending Trends
See the results from the world’s largest accommodation and traveler survey, brought to you by TripAdvisor. See it on Scoop.it, via Hotel Marketing & Revenue Strategies
Study: a 10% Increase in Airbnb Supply Results in a 0.35% Decrease in Local Hotel Room Revenue
Airbnb is having a real financial impact on the hospitality industry, and it’s time for incumbents to acknowledge and meet the challenge. Francesco Canzoniere’s insight: According to a recent report from Boston University, a 10% increase in Airbnb supply results in a 0.35% decrease in hotel room revenue, which translates into a 13% impact on revenue in Austin, Texas, which is home to the highest Airbnb supply. This study also found that lower-priced hotels…
eCornell Study Argues for a Firm, Strategic Approach to Hotel Pricing
Executive Summary: This study explores the effects of competitor pricing levels on relative revenue on a sample of over 4,000 hotels in Europe over a ten-year period (2004–2013). Hotels in this European sample, which included both independent and chain-affiliated properties, achieved higher revenue per available room (RevPAR) than direct competitors when they positioned their hotels with comparatively higher prices. These data revealed that: Regardless of the economic situation of the time period, hotels that positioned with…
Expedia Focuses on South America, Invests $270 Million in Decolar.com (OTA)
More strategic moves by Expedia Inc as it invests $270 million in South American online travel agencies Decolar and Despegar.
Google Universal Analytics: Best Strategy & Implementation Tips
The holy grail of smart business decisions is a single view of the customer, from a single source of truth. Learn how to do that with Google Analytics! Francesco Canzoniere’s insight: Here’s a run-down of what this epic article we’ll cover: + Universal Analytics: Why don’t you love it more? + Universal Analytics: Why does your business need it? + Universal Analytics: What the heck is it? + Universal Analytics:…
Booking.com Wants To Take Its Technology Into the Hotel Business
So there I was – I
Source: webintravel.com
Said Huston, “Our employees are workhorses, not show ponies and you have to keep milking the cow. If you stop, they stop giving milk. You have to work the system like a farm,” …” What we want to do is get them out of technology into the hotel business.”
In other words, to use his farming analogy, hoteliers should farm out their technology to people who…
What Deep Learning and Machine Learning Mean For the Future of Search Engine Marketing
In today’s Whiteboard Friday, Rand explores a future marked by machine learning, where Google’s ranking algorithm updates itself based on potentially countless inputs.
Source: moz.com
The idea is that in the future even the factors of the search engines’ algorithm aren’t given by human beings. The machine is getting to figure this stuff out itself, deciding which factors to consider for shaping this ever changing algorithm. Weird things that we never thought of…
Number of Reviews on Tripadvisor Affect Hotel’s Revenue per Transaction
Source: www.travelclick.com
Interesting findings of a new study «the Tripadvisor effect». I do not agree on some conclusions but it’s worth reading:»…Stars are Important: There is a relationship between the number of stars a hotel has and the revenue it will receive per transaction. A five Star hotel on TripAdvisor will make more per transaction per room than a three Star hotel.The Amount of Reviews Matter: The more reviews a hotel has…
How Google Algorithm Will Rank Your Website Based on its New Knowledge-Based Trust Score
Being trustworthy and accurate could help a web page rise up Google rankings if the search engine giant starts to measure quality by facts, not just links
Source: www.newscientist.com
A Google research team is adapting that model to measure the trustworthiness of a page, rather than its reputation across the web. Instead of counting incoming links, the system – which is not yet live – counts the number of incorrect facts within a…
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