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The hidden cost of rate disparity: OTAs undercutting hotels responsible for 50% rise in Cost Per Click (CPC)

Hotel Speak

This forecast highlights the growing importance of strategies that strengthen direct channels and reduce OTA lead generation. Steve Collins, VP of Digital Marketing at SHR, said: Our findings highlight the delicate balance hotels must maintain when working with OTAs.

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22 Tailored Digital Marketing Strategies for Luxury Brands

MediaBoom

A recent Statista report forecasts that by 2025, over ten percent of all retail sales in the United States will stem from mobile commerce, underscoring the critical need for luxury brands to innovate their digital marketing strategies. However, luxury brands are rarely needed , so you should focus on making them wanted instead.

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6 AI Agents Reshaping Hotel Operations

Hotel Speak

Business Intelligence Agents: Forecasting with Real-Time and Historical Data Hotel forecasting has historically relied on manual reporting, static historical data, and siloed systems. AI-powered business intelligence agents now allow operators to synthesize data from the PMS, revenue management systems, and market sources in real time.

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Hotel Digital Marketing in a Down Economy- Part 2

gcommerce

Paid Search For the last 2 decades, paid search has been the leading digital marketing channel for hotels and resorts and over that time Cost-Per-Clicks (CPCs) have had peaks and valleys. As some hotels pull back their budgets on paid search, there is a real opportunity to win market share. decrease YoY.

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Navigating Online Bookings and Digital Marketing: A Guide for Accommodation Providers

STAAH

The hospitality industry faces seasonal challenges and fluctuating market conditions, including reduced consumer spending and increased competition. Accommodation providers can navigate these by leveraging online bookings and digital marketing strategies.

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Luxury Car Market — Industry Trends and Forecasts

MediaBoom

That said, the market dynamics are changing, so take a look at our luxury car market analysis to understand better how it will fare in the coming years. Luxury Car Market: Overview The growth of global luxury automobiles relies on the distribution of wealth. What Is The Forecast For 2030 In The Luxury Car Market?

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Sojern releases State of Destination Marketing 2024 Report

Hotel Business

Sojern , a digital marketing platform built for travel, has launched the “ State of Destination Marketing ” report for destination marketing organizations (DMOs). Adopting AI and disrupting DMOs AI is revolutionizing marketing and will have a monumental influence on how destinations market to travelers.

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