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Q1 In Review: What We’ve Learned About the Changes In Hotel Marketing

Q1 in Review: What is Here to Stay

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Page 1: Q1 in Review: What is Here to Stay

Q1 In Review:

What We’ve Learned About the Changes In Hotel Marketing

Page 2: Q1 in Review: What is Here to Stay

Over the course of the first few months of 2016, hoteliers around the world have noticed a shift in the industry.

We have highlighted 4 trends that have become integral to a hotel’s marketing strategy.

Page 3: Q1 in Review: What is Here to Stay

★ Home Sharing & OTA Competition

★ Business vs. Leisure Preferences

★ Loyalty Programs

★ Direct Bookings

Page 4: Q1 in Review: What is Here to Stay

Home Sharing & OTA Competition

Expedia and Priceline are leading the pack with

revenues reaching $35 billion.

Airbnb brought in an estimated revenue of $900 million in 2015.

60% of all hotel bookings are now done digitally.

Page 5: Q1 in Review: What is Here to Stay

With this new market, independent and boutique hotels must inform guests of the perks and amenities they will receive only from a hotel.

★ Reliability

★ Amenities

★ Location

★ Loyalty Rewards

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★ReliabilityWhen guests book with a hotel, they have the luxury of knowing exactly what to expect when they arrive; no fear of cancellation, and more importantly no fear of fraud.

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★Amenities

Many guests love the perks only hotels can provide: room service, quick and on call maid service as well as facilities like pools, workout rooms, and coffee shops.

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★LocationMany times hotels hold better location compared to home sharing services as 74% of Airbnb properties are outside the main hotel districts.

Page 9: Q1 in Review: What is Here to Stay

★Rewards

Loyalty programs and stay rewards are one of the best ways to encourage visitors to choose an independent hotel over home sharing service.

Personalizing these programs to a guest's preferences can lead to an even better guest experience.

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Business vs. Leisure Travelers

Business travel has been on the rise, projected at

480.5 million in 2015.

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Knowing the differences between business and leisure travelers is key when it comes to engaging your guests.

This is an unique opportunity for hotels to target working travelers.

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What’s most important?

Business travelers:

1. Location2. Internet Access3. Loyalty Points4. On-Site Amenities5. Mobile Booking

1. Price2. Reviews & Recommendations3. Comfort & Amenities4. Nearby Attractions5. Packages & Specials

Leisure travelers:

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The trick is then marketing to these guests accordingly by highlighting the most relevant offers.

Elizabeth Harvey
Maybe we can display this with images versus a sentence?
Page 14: Q1 in Review: What is Here to Stay

Loyalty Programs

Loyalty programs are also on the rise, however,

only 41% of hotel chains reward customers for at least 1 form of engagement.

Page 15: Q1 in Review: What is Here to Stay

More attention to personalization will be key to a program’s success.

82% of customers feel that loyalty programs would be better if they let them choose the categories of rewards they wanted.

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3 Ways to Faster Engage your Guests and Help Increase Loyalty Programs for Hotels:

1. Specific Targeting

2. Email Capture

3. Initial Offers

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Direct Bookings

Successfully deploying a direct booking strategy means increasing website personalization to ensure visitors are gaining access to direct booking rewards when it means the most.

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Anticipate what visitors will be interested in, then show them the most relevant campaigns, content, or messaging that will catch their attention.