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Analysis of 27million CostperClick (CPC) impressions shows hotels are forced to pay an average of 47% more perclick than if they offered the lowest nightly rate on their own website, a study by global hotel technology specialist SHR shows 1. To learn more about SHR, visit www.shrgroup.com.
The European Commissions DigitalMarkets Act (DMA) has made many headlines since it came into force. And its impact on hotel marketing is being discussed in all corners of the world. And what do hotels need to do to protect their visibility and revenue? But how is it affecting hotels in reality?
These lesser-known platformsâoften fed by wholesalers or affiliate networksâare increasingly undercutting hotelsâ direct rates, eroding price parity and digitalmarketing effectiveness. For independent and boutique hotels without big-brand muscle, the problem is particularly acute.
On February 20th, Google officially sunset its commission-based bidding strategy for Google Hotel Ads, leaving properties across the globe faced with the difficult decision of whether or not to fund their own Google Hotel Ads program or go dark and let the OTAs gobble up revenue share. What if there were a better option?
Key Performance Indicators, or KPIs, are the backbone of your hotel’s digitalmarketing. They inform decisions about marketing channels, help with campaign optimization, and, most importantly, let you measure the success of your marketing efforts. But how do you choose the right marketing KPIs for your hotel?
Online Travel Agent sites (OTAs) compete heavily on these channels to steal market share. With the current economic climate, we have seen significant increases in the average cost-per-click (CPC) on hotel metasearch channels. Take advantage of this and suggest personalized experiences and generate even more revenue.
Leveraging the proper mix of digitalmarketing channels is paramount in generating a long-term, sustainable revenue stream. We’ve detailed the most profitable marketing channels for hotels to help you reduce costs, improve performance and increase your bottom line.
Increased bidding on key search terms, including ‘brand searches’ that identify particular hotels, has sparked a sudden increase in cost-per-click, with Google Ads rising 62.5% A knock-on effect of this is that the revenues associated with organic search have fallen 15.3% from $0.16 to $0.48 (up 128.6%).
PPC Management Case Study #2 – VB Events Another successful example is VB Events , an Italian event-planning business that chose Mediaboom’s digitalmarketing services. Our paid advertising reduced their costper conversion by 35 percent, increased clicks by 828 percent, and conversions by more than 2,100 percent.
And yet, many hotels overlook metasearch in their digitalmarketing strategy , missing out on opportunities to reach a broader segment of travelers, compete for business with online travel agencies (OTAs), and drive direct bookings. What is hotel metasearch marketing? Increase revenue and profitability.
Trivago’s Free Booking Links provide hoteliers with a unique distribution channel for their website rates and availability, giving them more visibility and the opportunity to generate more direct revenue. In the cost-per-click model (CPC), the hotel pays the amount it bids for each click.
Direct bookings are beneficial because they connect lodging businesses directly with potential customers and increase hotel revenue through money saved from OTA commissions. Different types of bookings will bring you varying amounts of revenue and profit.
In Google Hotel Ads, CostperClick (CPC) is duplicated per night, which quickly adds up. Hotel 2, the shortest test, saw a decrease to most metrics, with CPC, Revenue/Click, and ROAS remaining flat. Hotel 3 saw an improvement to most metrics, with the exception of increased CPC and flat Clicks.
Analyze your overall marketing budget and allocate a portion specifically for pay perclick advertising. Consider factors like the cost-per-click (CPC) in your market and the potential return on investment (ROI). This targeted approach enhanced brand awareness and drove significant revenue growth.
The improved decision-making and intuitive campaign adjustments ensure the hotel’s cost-per-clickmarketing is beneficial and cost-effective. The new profit optimization goals within PMAX allow advertisers to focus on their return on investment (ROI) rather than only revenue.
She clicks on the link to your hotel booking engine from the site, but ultimately she goes to Booking.com because it’s showing the lowest price, and she books there. Each of these touchpoints can come with costs to your hotel. So basically, just over a quarter of your room revenue went to acquisition costs.
Using a mix of these channels helps hotels reach more customers, boost revenue, and manage room availability easily while competing in the market. Increase Bookings and Revenue: Being on more than one platform let’s hotels adjust prices and fill more rooms.
By setting specific marketing objectives (build awareness, influence consideration, or drive action), you limit the scope of your ad campaign to a small group. This will help you target high-intent customers, capture more traffic, and ultimately increase sales and revenue.
While the ideal scenario is to handle everything independently, relying solely on your own revenue management and hotel marketing strategy may not be sufficient. Hilton launched a program called ‘Stop Clicking Around’. Article Summary: Top 6 Hotel Marketing Strategies to Boost your Revenue 1.
Hotels can improve GEO by creating detailed FAQs about nearby attractions, local experience guides, personalised travel tips, and service descriptions, all backed by statistics, reviews, and citations to boost visibility and relevance in an AI-driven digital world.
When it comes to your budget, you’ll often choose between a daily budget (the average amount you’re willing to spend per day) or a lifetime budget (the total amount you’re willing to spend throughout the campaign duration). All of this will be based on a costper result.
Travel metasearch engines are very similar to digital ad platforms, as they earn money through CPA (costper acquisition), CPI (costper impression), and CPC (costperclick.) Social Media Marketing and Content Creation Social media is your resort’s virtual living room.
Advertising affords you the opportunity to increase your leads , improve your visibility and brand awareness, elevate engagement, and earn more bookings, boosting your revenue. What is hotel advertising, and how is it different from standard hotel marketing? Do you have more questions?
Do you find yourself asking the same hotel digitalmarketing questions over and over again? Whether you’re a fellow digital advertiser or a hotelier, this list of commonly asked hotel digitalmarketing questions will be one that you should bookmark for a later date! how do we attribute revenue?
Download Our Latest Whitepaper The Ultimate Guide to Luxury DigitalMarketing Receive your FREE copy of “The Ultimate Guide to DigitalMarketing for Luxury Brands,” to get insights into marketing your high-end products and services for increased sales. Cash deals are also on the rise.
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