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.

Yes and no. A good comparison to rationalize how GPTs will be used by hotel marketers is to look back at the advent of front-end CMSs and visual composers for websites. Not only did these greatly reduce the costs of website development and updates, but now marketers could directly make simple edits on the fly, allowing them to test different copy / images.

Tools like ChatGPT or Google Gemini are phenomenal copywriters and should be used as enablers, tools to make our work easier, quicker, and more creative. Thus, it's not a matter of hoteliers "replacing" content creators with generative AI tools but rather making the most of them to become more productive and efficient.

Yes, these tools can provide a significant degree of heavy lifting. With a little more training and relevant targeted content these tools can also pick up on levels of nuance and style. Although care should be taken to ensure that the produced information is not in some ways plagiarized from the existing reference pool of content.

The question is fallacious, as it's set up in black-and-white terms. We're stuck in this loop of "traditional hospitality good, alternative hospitality bad." But, you know what? We have to stop thinking like that! Travelers certainly don't; for them, hospitality is hospitality, no fancy labels needed.Do vacation rentals speed up gentrification?

The impact of inventory loss within the travel and hospitality sector's key markets is a multifaceted issue with far-reaching consequences for both businesses and their clientele. These markets are often the lifeblood of demand, making any decline in resources a matter of significant concern.

I believe the vacation rental industry is to blame itself for these very restrictive regulations and all of its recent woes. For years it fought against licensing its hosts. Fought against including local hotel taxes in its pricing as if their customers didn"t need public infrastructure and safety, street lighting, etc.