December 16, 2022
Over the past year, several of our hotel partners sought to measure and better understand the impact of leveraging multiple products on Tripadvisor. The goal was to discover how many incremental or additional bookings they might receive via their direct booking channels as a result. In this study, we’ve aggregated performance insights from a group of our partners in order to quantify the results.
Already bidding on Tripadvisor Metasearch, our hotel auction product, and promoting hotel listing pages with Sponsored Placements, these partners required a strategy for driving even more volume. With success measured against metrics like lift in clicks to hotel websites, bookings and overall return on ad spend, a data-driven approach was needed to meet their goals.
Separately, Tripadvisor products drive a number of outcomes with a variety of tactics. Together, they offer a full-funnel solution to reach travelers as they browse hotels, consider their options and ultimately book their stays. Our partners added Business Advantage to their existing Metasearch and Sponsored Placements subscriptions to assess and measure incremental results.
Sponsored Placements help increase exposure and awareness of your properties with highly visible ads in Tripadvisor search results. By leveraging the product, hoteliers are able to reach travelers who may not have otherwise found their listings, through premium ad placements that deliver when traveler search dates align with property availability.
Metasearch shows rates and availability for an accommodation on hotel list and detail pages. With our Metasearch product, hotel partners benefit from having their competitive direct room rate in a highly visible location among Online Travel Agency offers.
With Business Advantage, our hotel partners access attention-grabbing listing enhancement features like favorite photos and videos as well as purchase-driving features like special offers and direct contact links at the top of their listing.
Note: Hoteliers on Tripadvisor who leverage media features, to showcase the best of their properties, tend to see way better results:
Storyboard – 87% more website clicks
Cover photos – 93% more website clicks
Property videos – 99% more website clicks
Favorite review – 54% more website clicks
Leveraging A/B test methodology across a test group and a control group, the hoteliers in the test group saw the following incremental results by adding Business Advantage to their existing Metasearch and Sponsored Placements subscriptions:
Significant increase in website referrals and bookings, without impacting direct bookings received through Meta shoppers
Stronger conversion rate and average booking value for direct hotel bookings, using media features to boost hotel credibility
Nearly double the total gross booking value of traveler traffic, with an increase in return on ad spend from both the Meta auction and Business Advantage
up to 600%
increase in total clicks to website
up to 4x
more direct bookings
7-12:1
return on ad spend
In summary, our products work hard on their own, but they work even harder together. With this approach, hoteliers are able to influence traveler booking decisions as they browse and plan their trips with Sponsored Placements, as they consider their options using Metasearch, and finally as they’re ready to book with Business Advantage.
*ROAS based on Sponsored Placements for Enterprise hotels.
Want to learn more? We’d love to hear from you.