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Additional booking details may also be provided, such as the cancellation policy, amenities, and inclusions like free breakfast or Wi-Fi. To make a booking, the user can click on one of the links and will be taken to the booking source to complete the reservation. What is hotel metasearch marketing?
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. Right now, we are in a valley with CPCs at a 22.5% decrease YoY.
Determine Your Bidding Strategy Hotel Ads utilize the following bidding strategies: CPC %: Under this model, if an internet user clicks your ad, your bid would go toward a percentage of the nightly room cost. Explore Mediaboom’s Google Ads Cost Calculator to determine what you can spend on Google Ads for Hotels.
The growth of metasearch OTAs often outperform individual hotels in metasearch positioning and cost-per-click (CPC) performance. Take advantage of the shifting market and raise your rates compared to keeping them static in order to earn more revenue.
Important elements of your reservation behavior help you get a sense of your guests’ preferences, top-performing channels, and patterns to help you target the right guests at the right time. Information on your guests can be gathered via your PMS, guest engagement system, POS system, CRM system, website, and booking engine.
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