Hotels under pressure to respond as OTA competition for guests lead gen explodes — SHR Group’s Hotel Industry Trends Report 2024
Hotel Speak
JANUARY 25, 2024
This is the equivalent of approximately 7.8million global reservations in 2023 when applied to the worldwide hotel market. 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%
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