Hospitality segment accounts for 9% of global GDP, and there are still enormous scopes to grow business in this ever growing sector. The tourist population has increased twofold in past 20 years and is expected to increase at the same pace for the coming two decades. This is why now it is an exciting opportunity for the hoteliers to bank upon this tremendous growth and the changing face of travel and tourism industry. For this, they have to figure out new and innovative ways to attract more travelers to their properties.
With Google and TripAdvisor adding the ‘Instant Booking Function’ to the myriads of other services they offer, it will be easier for hoteliers to facilitate bookings directly on their web portal. It will be similar to booking from an OTA website. However, in order to reap the benefits, the hoteliers will now need to create a smart plan to keep up the pace with competition for direct bookings.
Of late,with the intrusion of OTA’s and middlemen, a feeling of compromise has germinated within independent hoteliers. The OTA’s spend heavily on online marketing and customer acquisition, leading to their stronger presence, due to which there is a growing sense of anxiousness for hoteliers. In this scenario, the hoteliers- in most occasions- have to give huge commissions to them and eventually compromise with their room tariffs.
Google and TripAdvisor contribute significantly in the decision-making process of the travel planners. A majority of travelers these days conduct an online research on the internet for their travel planning with search engines like Google. TripAdvisor helps them further to have a concrete assessment before finalizing the entire trip. With Google entering the instant booking segment, it has a direct competition with its giant advertisers. TripAdvisor, so far, had claimed to be an independent review aggregator which may now not hold true as it has entered the direct booking segment too.
Now coming to Amazon, it depends largely on user generated content with the prime objective of fostering sales.
Let us see how Amazon manages this so efficiently:
THE STRIDE TO TRIUMPH IN AMAZON STYLE
Be the owner of your own user generated content
Amazon does not rely on or allow other agents to participate in collecting user-generated content (UGC). This automatically paves way for a direct relationship with customers by procuring their data for direct communication. Similarly, as an hotelier, you can find multitude ways to gather UGC. The front desk staff can politely request the guests to contribute in UGC capitulation activity. In addition, the hotelier can grant access to the connection on signage across the premises for the guests to participate and share.
Empower the customers to share content effortlessly
Amazon gives the customer a platform to share their experiences in the form of text, photo, star ratings, video, etc. This allows the customers to generate a genuine review quickly in a manner which they are comfortable. Just like Amazon, even hoteliers can pleasingly appeal their guests to share their story without imposing unnecessary hiccups.
Channelize reviews to attract organic traffic
With the increase in a number of reviews on the website, more visitors are likely to land up on the website. Amazon masters the art of sharing these reviews quite effectively providing value addition for website visitors. Hoteliers too can utilize this approach and work towards receiving direct feedback from the guests so that the management can assess the shortcomings and improve on them.
The procured database of new guests will certainly be the most valuable assets for the hotel. Demographics, purchase behavior and buying preferences of the guests available from the data can take the management far in preparing strategies to deliver higher conversions on their future campaigns.
Google and TripAdvisor have recognized a new revenue generating way that goes hand in hand with their existing specialties. In contrary to that, the independent hoteliers will have to pay more attention to website and content layout in such a way that it ultimately compels the guest to book.