4Hoteliers
SEARCH
ITB 2022 Special Reporting
SHARE THIS PAGE
NEWSLETTERS
CONTACT US
SUBMIT CONTENT
ADVERTISING
Metasearch Costs are Rising - Here’s How Hoteliers Can Prepare
By Benjamin Klein
Friday, 12th August 2022
 

Metasearch is fast becoming more crowded and expensive to participate in as travel demand rises and OTAs continue to capitalize on the opportunities.

How exactly should hoteliers prepare?

We caught up with Triptease Product Manager, Andrew Williamson, to examine the latest changes in the world of hotel metasearch.

Watch the video to find out what’s driving all this fragmentation, what it means for hotels and OTAs alike, and what hoteliers can do to maintain strong metasearch returns.

Don’t have time to watch the video? Here are some highlights:

  • The average number of participants in Google meta auctions has risen 5x in the US market and 3x in the European market over the last two years.
  • The cost per click (CPC) has increased 150% compared to pre-covid levels in the NORAM and EMEA regions.
  • 61% of all direct prices that appear in metasearch are undercut by at least one OTA.
  • Google’s free booking links have increased the number of times the direct price is included in the metasearch results from 20% to 70% in North America.
  • Whereas in 2021 Booking and Expedia had the cheapest earliest price 59% of the time in the US market, this has now dropped to just 28%.
  • It’s critical to reassess your meta budget in line with the rising CPC and increased competition if you want to maintain strong returns on this channel.
  • The ‘set and forget’ approach to metasearch bidding isn't going to cut it anymore - data-led automation is key to ensure you’re bidding smartly and efficiently.

Benjamin is a Product Marketing Executive for Triptease Metasearch. He's passionate about helping hotels leverage technology to maximize their direct booking potential.

Global Brand Awareness & Marketing Tools at 4Hoteliers.com ...[Click for More]
 Latest News  (Click title to read article)




 Latest Articles  (Click title to read)




 Most Read Articles  (Click title to read)




~ Important Notice ~
Articles appearing on 4Hoteliers contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.
© Copyright 4Hoteliers 2001-2022 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here
Use of this web site is subject to our
terms & conditions of service and privacy policy