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Maximizing share of voice and prioritizing direct bookings

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  • 14 November 2024
  • 1 minute read
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This article was written by Hospitality Today. Click here to read the original article

By understanding what drives a traveler’s purchase, hotels can increase direct bookings and reduce reliance on third-party platforms

Nov 14, 2024

Share of Voice (SOV) is a critical metric for evaluating brand awareness and engagement relative to competitors. Calculated by dividing your brand’s mentions by total market mentions and multiplying by 100, it provides a clear view of your brand’s standing.

Key takeaways

  • Capture attention in the research phase: Expedia research shows that travelers spend over five hours researching a trip. Hotels can take advantage of this phase by highlighting brand benefits through digital advertising, SEO and social content;
  • Promote unique direct booking benefits: Travelers value perks such as room upgrades, personalized experiences and exclusive offers. Highlighting these early can capture attention and influence decisions before travelers turn to third-party sites;
  • Offer personalized booking incentives: Personalized perks for direct bookings, such as complimentary services or loyalty rewards, foster emotional connections and increase the likelihood of repeat business.

Get the full story at Cogwheel Marketing

Please click here to access the full original article.

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