In 2017, about 52% online hotel bookings in USA and 71%% of all online bookings for independent European hotels will be made on OTAs. Most often they are the first point of call for potential guests. Studies suggest, OTAs spend an average of USD 300 per hotel on promotions and marketing. For hotels to compete with OTAs on their own in digital marketing, the cost can go up to USD 7,000 to USD 10,000. The trade-off between OTA commissions and direct customer acquisition cost remains a paradox for many hotels. While larger brands with a substantial marketing budget can compete with OTAs on visibility and presence, independent properties have to depend on OTAs for brand awareness, given their budget constraint.
The whole Spanish travel industry assembles every January at Feria de Madrid for the international tourism trade fair – FITUR.
Hotel technology expert the company behind leading channel manager and rate shopping brand to meet hoteliers and discuss their connectivity needs. If you are at FITUR, drop in to Stand 8D08 for a quick chat.
Company COO Yoram Ben-Zvi who is attending the event says “Spain is one of our biggest markets in Europe. Over the years, we have studied the region closely and observed that the consumer buying journey has evolved like never before. Guests increasingly expect top of the line personalized services from hotels. To help hotels focus on their key task of serving guests, eRevMax continues to develop technology solutions to help automate their back-end distribution and rate shopping requirements.”
Spanish hotel groups including NH Hotels, Vincci and Acta Hotels have been using eRevMax solutions for their distribution and connectivity needs over the years.
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