Sales & Marketing

ChatGPT Search is definitely a threat to Google as people will look to keep it "all in one app" by melding search functionality with ChatGPT's core content generation functionality. That said, what's more pertinent to hotels is, How will these AI search tools impact travel?" In answering this, just think back to your own last work trip or vacation.

The threat by the genAI search engines has to be taken seriously and this is exactly what Google is doing. First, Gemini AI and its latest version Gemini 1.5-pro-002 is comparable to OpenAI's GPT-4o and better in more complex tasks like coding and problem-solving.

It's an interesting situation. Those who've always had the information and also the commerce. Versus those that have started with the information retasked to be more informative. But not yet the commerce. My view is that the more informative information coupled with commerce will prove out in the end.

Search based ads are going to change, a lot. They're great for bottom of the funnel marketing. The low hanging fruit. But they're not great for discovery. However with AI there's a possible mix of intent and discovery which could be the most powerful of both world.

These are interesting times, indeed, when it comes to search. Specially when it comes to itineraries and travel recommendations suggested by GenAI tools such as ChatGPT, Gemini, Perplexity or Claude. Traditionnally, when you asked Google for accommodations in New York City, you would get a listing with a bunch of hotels, and you'd have to use filters in order to get anything interesting.

Perplexity's shift to CPM is validating for luxury and lifestyle hospitality marketers. Attribution broke long ago for high-consideration, high-value travel purchases like hotels, resorts, and cruises. 7-14 day click windows work for a $20 t-shirt (no dependencies), not a $1,000/night hotel room (plenty of dependencies like booking flights, etc.).

Many hoteliers have adopted interactive widgets on their homepage as well as on pages deeper in the hotel booking funnel. The benefit of using widget technologies such as Userguest, The Hotels Network and TripTease (to name a few) is to attract and convert the website visitors into hotel bookers.

For those languishing under 2% CVR, the answer is usually pretty obvious. The best way to increase your conversion rate is to 'think like a booker'. Find ten minutes. Make a cup of tea, and before you pick up your phone or open a browser window, think about your ideal guest.

Improving conversion rates on a hotel website should ALWAYS be a priority, not just in 2024. Indeed, hoteliers invest quite a bit into SEO, paid search, paid social media as well as content strategies across various digital outposts (newsletter, blog, social media, SMS, etc.).

Amazon missed their one and only chance to enter the travel space by not acquiring Orbitz or Travelocity when these OTAs were for up for grabs. Now it is too late - the consolidation In the travel intermediary space has already happened.

Today Amazon has approximately 200 million Amazon Prime members globally. To put this into perspective, if Amazon Prime was a country, it would be the 8th biggest in the world measured by population. With this enormous membership size, or 'captive audience', Amazon has the necessary market reach to monetize any travel-related product or service.

I laughed at first when I saw this topic, as I recall vividly having had this discussion in the past. In fact, I wrote a blog post titled Will You Book Your Next Hotel on Amazon?... back in 2014!! Amazon did indeed tip its toes into travel distribution but the journey was short-lived.