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Tap OTA secrets to increase
direct bookings
Webinar
5 November 2015
Your hosts
Kevin May
Senior Editor & Moderator
Tnooz
Gene Quinn
CEO & Producer
Tnooz
Your presenters
Gautam Lulla
President
Travel Tripper
Scott Yankton
Strategic Consultant
Poll no. 1
Where are you located?
Poll no. 2
Which industry segment do you represent?
© 2015 TRAVEL TRIPPER | 6
®
+
WEBINAR:
Tap OTA secrets to
increase direct bookings
November 5, 2015
Poll no. 3
For hoteliers, what percentage of bookings
come through your direct channel?
© 2015 TRAVEL TRIPPER | 8
Don’t put all your eggs in
one basket
Sound revenue strategy is all about balance
between distribution channels
OTAs play an important role in getting
business, but hotels are becoming
increasingly over-reliant on them
The lesson: strengthen your direct channel
© 2015 TRAVEL TRIPPER | 9
The art of conversion
One of the biggest reasons behind OTA success in recent
years: mastering conversion.
OTA investment in e-commerce R&D
$650 million in technology
1,500 A/B tests per year
How can hotels compete?
Learn from the “frenemy” — use what the OTAs have invested
millions to learn to improve our own hotel websites.
Poll no. 4
What	is	your	preferred	method	of	booking	
hotels?
© 2015 TRAVEL TRIPPER | 11
The Road to Conversion
“There are plenty of difficult obstacles
in your path. Don’t allow yourself to
become one of them.”
—Ralph Marston 
© 2015 TRAVEL TRIPPER | 12
The keys to conversion
1.  Usability and user experience
How easy is it to find the info needed?
2.  Social proof
How do we show that other travelers like
this hotel?
3.  Fast and easy checkout
How can we make the buying decision as
fast and easy as possible for the traveler?
© 2015 TRAVEL TRIPPER | 13
Usability & User Experience
The website must answer the most important
user questions efficiently and logically:
What does the property look like?
What types of rooms are available?
What amenities are available?
What is the price? Is it within budget?
Can I cancel with no fees?
© 2015 TRAVEL TRIPPER | 14
Usability & User Experience
© 2015 TRAVEL TRIPPER | 15
Usability & User Experience
© 2015 TRAVEL TRIPPER | 16
Usability & User Experience
© 2015 TRAVEL TRIPPER | 17
Social Proof
Social proof is about listening to what
others say to remove risk from their own
decision. They do this through:
Reviews from other travelers
Customer testimonials
Awards
Evidence that others are booking
© 2015 TRAVEL TRIPPER | 18
Social Proof
© 2015 TRAVEL TRIPPER | 19
Social Proof
© 2015 TRAVEL TRIPPER | 20
Fast and easy checkout
K.I.S.S. — Keep It Simple & Swift
Clear calls to action
Only ask for information that you need; tell users why you
need the information you collect
Minimize the clicks and pages within the booking process
Assure customers that checkout is safe
Sense of urgency prompts
© 2015 TRAVEL TRIPPER | 21
Fast and easy checkout
© 2015 TRAVEL TRIPPER | 22
Fast and easy checkout
© 2015 TRAVEL TRIPPER | 23
Best Rate Guarantee
Poll no. 5
After deciding on a hotel, how many sites do you
typically check for prices before booking?
© 2015 TRAVEL TRIPPER | 25
CASE STUDY:
Stratosphere Hotel
© 2015 TRAVEL TRIPPER | 26
Case Study: Stratosphere Hotel
Background
2,400+ room hotel and casino in Las Vegas
3.5-star hotel with low average nightly rate
High-volume business with high competition
The Problem
Website underperforming on direct bookings
Over-reliance on OTAs for revenue
© 2015 TRAVEL TRIPPER | 27
Before…
Rooms, amenities, and special offers
all across different pages
Booking widget on main site not
integrated with booking engine—
must input dates twice
Special offers and packages not well
integrated into booking engine
© 2015 TRAVEL TRIPPER | 28
Before…
Booking engine not user-friendly
Imagery non-existent or too small
Special offers and rate packages not
easy to find
Rates are not automatically updated
when you change dates
Call to action not clear
© 2015 TRAVEL TRIPPER | 29
After.
Better integration between
website and booking engine
Large imagery showing
hotel details
Social proof widgets
Inputting stay criteria is easy
and clear
© 2015 TRAVEL TRIPPER | 30
After.
Room details and amenities
clear and easy to read
Cancellation policy and
rates listed prominently
Clear call to action with
BOOK NOW button
Two-step booking:
click, click, book
© 2015 TRAVEL TRIPPER | 31
Urgency prompts
© 2015 TRAVEL TRIPPER | 32
Revisiting Best Rate Guarantee
Most Best Rate Guarantees don’t work
Policies are complicated with too many forms to submit
24-48 turnaround time on submitted claims
Manpower required to verify claims and price matching
Usually only taken advantage of by deal hunters
Poll no. 6
How	many	Best	Rate	Guarantee	claims	does	
your	hotel	receive	in	one	month?
© 2015 TRAVEL TRIPPER | 34
The Solution
Automated Best Rate
Guarantee
Automatically check other
sites for prices
Automatically price match
when lower prices found
© 2015 TRAVEL TRIPPER | 35
Automated Best Rate Guarantee
For Consumers
Complete price transparency
Trust and assurance of lowest price possible
No need to submit BRG claim
For Hotels
Automatic price-matching* — no processing claims
Automatic alerts when prices are out of parity
Improvement of conversion rates
*patented feature
© 2015 TRAVEL TRIPPER | 36
The OTAs think it’s a good idea…
© 2015 TRAVEL TRIPPER | 37
Fast and easy checkout
© 2015 TRAVEL TRIPPER | 38
Case Study: The Results
Within four months of launching:
24% increase in revenue
20% increase in direct bookings
2x increase in conversion rate
© 2015 TRAVEL TRIPPER | 39
Recap: Lessons learned
Hotels: Your direct channel is your most profitable channel
If you haven’t optimized your website for conversion, you’re leaving money on the table.
OTAs might have the bigger marketing budgets, but hotels do get their fair share of traffic.
So once you get someone on the site, close the deal.
When it comes to conversion, keep things simple—get the room booked as easily and
quickly as possible.
Technology can be a great equalizer in helping hotels compete more effectively with OTAs.
© 2015 TRAVEL TRIPPER | 40
DISCUSSION:
The realities of today’s
digital travel marketplace
Q & A
Thank you!
Send your questions and comments to gene@tnooz.com
Replay and presentation will be available on www.tnooz.com

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Tap OTA secrets to increase direct bookings

  • 1. Tap OTA secrets to increase direct bookings Webinar 5 November 2015
  • 2. Your hosts Kevin May Senior Editor & Moderator Tnooz Gene Quinn CEO & Producer Tnooz
  • 3. Your presenters Gautam Lulla President Travel Tripper Scott Yankton Strategic Consultant
  • 4. Poll no. 1 Where are you located?
  • 5. Poll no. 2 Which industry segment do you represent?
  • 6. © 2015 TRAVEL TRIPPER | 6 ® + WEBINAR: Tap OTA secrets to increase direct bookings November 5, 2015
  • 7. Poll no. 3 For hoteliers, what percentage of bookings come through your direct channel?
  • 8. © 2015 TRAVEL TRIPPER | 8 Don’t put all your eggs in one basket Sound revenue strategy is all about balance between distribution channels OTAs play an important role in getting business, but hotels are becoming increasingly over-reliant on them The lesson: strengthen your direct channel
  • 9. © 2015 TRAVEL TRIPPER | 9 The art of conversion One of the biggest reasons behind OTA success in recent years: mastering conversion. OTA investment in e-commerce R&D $650 million in technology 1,500 A/B tests per year How can hotels compete? Learn from the “frenemy” — use what the OTAs have invested millions to learn to improve our own hotel websites.
  • 11. © 2015 TRAVEL TRIPPER | 11 The Road to Conversion “There are plenty of difficult obstacles in your path. Don’t allow yourself to become one of them.” —Ralph Marston 
  • 12. © 2015 TRAVEL TRIPPER | 12 The keys to conversion 1.  Usability and user experience How easy is it to find the info needed? 2.  Social proof How do we show that other travelers like this hotel? 3.  Fast and easy checkout How can we make the buying decision as fast and easy as possible for the traveler?
  • 13. © 2015 TRAVEL TRIPPER | 13 Usability & User Experience The website must answer the most important user questions efficiently and logically: What does the property look like? What types of rooms are available? What amenities are available? What is the price? Is it within budget? Can I cancel with no fees?
  • 14. © 2015 TRAVEL TRIPPER | 14 Usability & User Experience
  • 15. © 2015 TRAVEL TRIPPER | 15 Usability & User Experience
  • 16. © 2015 TRAVEL TRIPPER | 16 Usability & User Experience
  • 17. © 2015 TRAVEL TRIPPER | 17 Social Proof Social proof is about listening to what others say to remove risk from their own decision. They do this through: Reviews from other travelers Customer testimonials Awards Evidence that others are booking
  • 18. © 2015 TRAVEL TRIPPER | 18 Social Proof
  • 19. © 2015 TRAVEL TRIPPER | 19 Social Proof
  • 20. © 2015 TRAVEL TRIPPER | 20 Fast and easy checkout K.I.S.S. — Keep It Simple & Swift Clear calls to action Only ask for information that you need; tell users why you need the information you collect Minimize the clicks and pages within the booking process Assure customers that checkout is safe Sense of urgency prompts
  • 21. © 2015 TRAVEL TRIPPER | 21 Fast and easy checkout
  • 22. © 2015 TRAVEL TRIPPER | 22 Fast and easy checkout
  • 23. © 2015 TRAVEL TRIPPER | 23 Best Rate Guarantee
  • 24. Poll no. 5 After deciding on a hotel, how many sites do you typically check for prices before booking?
  • 25. © 2015 TRAVEL TRIPPER | 25 CASE STUDY: Stratosphere Hotel
  • 26. © 2015 TRAVEL TRIPPER | 26 Case Study: Stratosphere Hotel Background 2,400+ room hotel and casino in Las Vegas 3.5-star hotel with low average nightly rate High-volume business with high competition The Problem Website underperforming on direct bookings Over-reliance on OTAs for revenue
  • 27. © 2015 TRAVEL TRIPPER | 27 Before… Rooms, amenities, and special offers all across different pages Booking widget on main site not integrated with booking engine— must input dates twice Special offers and packages not well integrated into booking engine
  • 28. © 2015 TRAVEL TRIPPER | 28 Before… Booking engine not user-friendly Imagery non-existent or too small Special offers and rate packages not easy to find Rates are not automatically updated when you change dates Call to action not clear
  • 29. © 2015 TRAVEL TRIPPER | 29 After. Better integration between website and booking engine Large imagery showing hotel details Social proof widgets Inputting stay criteria is easy and clear
  • 30. © 2015 TRAVEL TRIPPER | 30 After. Room details and amenities clear and easy to read Cancellation policy and rates listed prominently Clear call to action with BOOK NOW button Two-step booking: click, click, book
  • 31. © 2015 TRAVEL TRIPPER | 31 Urgency prompts
  • 32. © 2015 TRAVEL TRIPPER | 32 Revisiting Best Rate Guarantee Most Best Rate Guarantees don’t work Policies are complicated with too many forms to submit 24-48 turnaround time on submitted claims Manpower required to verify claims and price matching Usually only taken advantage of by deal hunters
  • 34. © 2015 TRAVEL TRIPPER | 34 The Solution Automated Best Rate Guarantee Automatically check other sites for prices Automatically price match when lower prices found
  • 35. © 2015 TRAVEL TRIPPER | 35 Automated Best Rate Guarantee For Consumers Complete price transparency Trust and assurance of lowest price possible No need to submit BRG claim For Hotels Automatic price-matching* — no processing claims Automatic alerts when prices are out of parity Improvement of conversion rates *patented feature
  • 36. © 2015 TRAVEL TRIPPER | 36 The OTAs think it’s a good idea…
  • 37. © 2015 TRAVEL TRIPPER | 37 Fast and easy checkout
  • 38. © 2015 TRAVEL TRIPPER | 38 Case Study: The Results Within four months of launching: 24% increase in revenue 20% increase in direct bookings 2x increase in conversion rate
  • 39. © 2015 TRAVEL TRIPPER | 39 Recap: Lessons learned Hotels: Your direct channel is your most profitable channel If you haven’t optimized your website for conversion, you’re leaving money on the table. OTAs might have the bigger marketing budgets, but hotels do get their fair share of traffic. So once you get someone on the site, close the deal. When it comes to conversion, keep things simple—get the room booked as easily and quickly as possible. Technology can be a great equalizer in helping hotels compete more effectively with OTAs.
  • 40. © 2015 TRAVEL TRIPPER | 40 DISCUSSION: The realities of today’s digital travel marketplace
  • 41. Q & A
  • 42. Thank you! Send your questions and comments to gene@tnooz.com Replay and presentation will be available on www.tnooz.com