T O B O O S T D I R E C T B O O K I N G S
6 WAYS TO USE
YOUR BOOKING
ENGINE DATA
YOUR BOOKING ENGINE
HAS A LOT GOING ON
UNDER THE HOOD.
SPECIFICALLY, IT HAS
DATA YOU CAN USE TO
BOOST DIRECT
BOOKINGS.
HERE'S HOW.
Your booking engine is how you let your
guests search for availability and book
directly—and the more intuitive your engine
is, the more conversions you’ll gather.
Your booking engine can work for you
through:
- Your own website
- Your mobile website
- Completing meta search bookings
- Social media sites like Facebook that
facilitate direct bookings
Behind the curtain, though, it lets you gather
important guest information.
 You’ll get information on stay dates,
inventory types booked, and other key
information. Your booking engine is a gold
mine of information: dig deep and get
demand patterns, lead time information,
search patterns, customer insights and,
ultimately, more conversions.
Integrate your booking engine data with
your demand forecasting and sales strategy,
where it can enhance forecasting
performance and conversions.
 
A C T I O N P O I N T
 
K N O W W H E N
P R I C E & V A L U E
A F F E C T
C O N V E R S I O N
As hoteliers, you have to know when price
plays a bigger part in converting than value.
In some cases, price is king, and it’s the only
factor in the mix.
However, at other times, what guests
perceive as the value can be more important:
uniqueness can trump price.
For example, if demand is high for the city
because a concert is in town, the price can be
secondary. If your hotel is a luxury property,
the guest’s decision will be more about the
product than the price.
Along with building solid customer personas,
your booking engine can help. 
Tips on the next slide:
 
S O . . .   W H A T D O E S
' V A L U E ' M E A N T O Y O U R
G U E S T S ?
Look at which packages are the most
popular, and then look at their price points
and what you offer with them.
Look at less popular options, too: where
they too expensive for what they were
offering for most people, or did they not
offer enough for the price?
 
A C T I O N P O I N T
 
L O O K A T R A T E
P L A N L E A D
T I M E S :
Find out which rate plans convert furthest in
advance, and what the common
characteristics of these tariffs are. For
example, have a look at which ones are:
- Multi-night offers
- Packages
- Discount stay and save rates
Knowing which types perform best will help
you to convert more guests with more
relevant offers.
If you discover that customers are more likely
to convert based on value further in advance,
work with that information instead of
randomly running a sale or simply reducing
rate.
Use your booking engine information to define
the settings of your tariffs: find optimum days
to set advanced purchase rate plans.
 
A C T I O N P O I N T
 
L O O K A T
I N V E N T O R Y T Y P E
L E A D T I M E S
Think about digging even deeper, and review
the lead time conversion rate of your
various inventory types.
 Use this information to determine
distribution strategy of your most popular
inventory types. This will maximise direct
conversion rates.
 
G E O G R A P H I C A L
B R E A K D O W N
Look to your booking engine to give you a
better understanding of the geographical
characteristics of your key geographic
markets. For example, your booking engine
can tell you the type of tariffs that people in
different countries and regions book most
often.
What do guests from different areas prefer?
Identify common characteristics, like:
Length of stay
Board Basis
Pre-Paid Vs Flexible Rate
All of this data gives a real, big-picture view
based on real data. Use that data to create
specific content for specific visitors to your
site.
You can set about targeting these potential
guests with specific offers at specific times
of the year. To do that, use the data you
have on peak search and booking times for
your key geographical markets throughout
the year.
 
A C T I O N P O I N T
 
D E M A N D
I N S I G H T
You should be using one or a combination of
your PMS, Channel Manager and booking
engine to review overall booking patterns.
These are critical.
One of your booking engine’s key strengths is
accurately tracking the overall pattern of
searches for future dates. Looking at forward
demand is as key as historical data is.
Revenue management is an essential part of
your hotel’s conversion rate strategy—don’t
neglect it!
The real value, though, is all in the level of
detail that you look at. Don’t simply take the
data at face value—look at:
- Searches patterns for midweek and weekends
- Bookings patterns for midweek and
weekends
- Conversion rate for midweek and weekends
 
A C T I O N P O I N T
N O A V A I L A B I L I T Y
D A T A
Compare these future demand and booking
stats along with your no availability data.
If you can, also review this data for each
individual day of the week. It may not be the
most exciting thing, but this level of data
mining gives you insight into key
opportunities.
For example, you’ll see where things like
holding out for two night stay reservations
will boost your revenue.
Look at your no availability data in detail.
Examine the dates with high levels of no
availability, and examine the number of direct
bookings compared to other channels.
Highlight the demand and conversion rate on
this date, and do the math: with a little more
availability on your own site, how many more
direct bookings could you potentially have
converted?
 
A C T I O N P O I N T
T H E D A T A I N Y O U R
B O O K I N G E N G I N E
D A T A S H O U L D B E
U S E D T O B U I L D
C O N F I D E N C E I N Y O U R
P R O P E R T Y .
A T N E T A F F I N I T Y , W E ' R E E X P E R T S I N
H O T E L T E C H N O L O G Y A N D C O N V E R S I O N
R A T E G R O W T H F O R H O T E L S . I F Y O U ' V E G O T
Q U E S T I O N S , E M A I L U S A T
S A L E S @ N E T A F F I N I T Y . C O M
T H A N K Y O U !

6 Ways to Use Your Booking Engine Data to Boost Direct Bookings

  • 1.
    T O BO O S T D I R E C T B O O K I N G S 6 WAYS TO USE YOUR BOOKING ENGINE DATA
  • 2.
    YOUR BOOKING ENGINE HASA LOT GOING ON UNDER THE HOOD.
  • 3.
    SPECIFICALLY, IT HAS DATAYOU CAN USE TO BOOST DIRECT BOOKINGS.
  • 4.
  • 5.
    Your booking engineis how you let your guests search for availability and book directly—and the more intuitive your engine is, the more conversions you’ll gather. Your booking engine can work for you through: - Your own website - Your mobile website - Completing meta search bookings - Social media sites like Facebook that facilitate direct bookings
  • 6.
    Behind the curtain,though, it lets you gather important guest information.  You’ll get information on stay dates, inventory types booked, and other key information. Your booking engine is a gold mine of information: dig deep and get demand patterns, lead time information, search patterns, customer insights and, ultimately, more conversions.
  • 7.
    Integrate your bookingengine data with your demand forecasting and sales strategy, where it can enhance forecasting performance and conversions.   A C T I O N P O I N T
  • 8.
      K N OW W H E N P R I C E & V A L U E A F F E C T C O N V E R S I O N
  • 9.
    As hoteliers, youhave to know when price plays a bigger part in converting than value. In some cases, price is king, and it’s the only factor in the mix.
  • 10.
    However, at othertimes, what guests perceive as the value can be more important: uniqueness can trump price. For example, if demand is high for the city because a concert is in town, the price can be secondary. If your hotel is a luxury property, the guest’s decision will be more about the product than the price.
  • 11.
    Along with buildingsolid customer personas, your booking engine can help.  Tips on the next slide:   S O . . .   W H A T D O E S ' V A L U E ' M E A N T O Y O U R G U E S T S ?
  • 12.
    Look at whichpackages are the most popular, and then look at their price points and what you offer with them. Look at less popular options, too: where they too expensive for what they were offering for most people, or did they not offer enough for the price?   A C T I O N P O I N T
  • 13.
      L O OK A T R A T E P L A N L E A D T I M E S :
  • 14.
    Find out whichrate plans convert furthest in advance, and what the common characteristics of these tariffs are. For example, have a look at which ones are: - Multi-night offers - Packages - Discount stay and save rates Knowing which types perform best will help you to convert more guests with more relevant offers.
  • 15.
    If you discoverthat customers are more likely to convert based on value further in advance, work with that information instead of randomly running a sale or simply reducing rate. Use your booking engine information to define the settings of your tariffs: find optimum days to set advanced purchase rate plans.   A C T I O N P O I N T
  • 16.
      L O OK A T I N V E N T O R Y T Y P E L E A D T I M E S
  • 17.
    Think about diggingeven deeper, and review the lead time conversion rate of your various inventory types.  Use this information to determine distribution strategy of your most popular inventory types. This will maximise direct conversion rates.
  • 18.
      G E OG R A P H I C A L B R E A K D O W N
  • 19.
    Look to yourbooking engine to give you a better understanding of the geographical characteristics of your key geographic markets. For example, your booking engine can tell you the type of tariffs that people in different countries and regions book most often.
  • 20.
    What do guestsfrom different areas prefer? Identify common characteristics, like: Length of stay Board Basis Pre-Paid Vs Flexible Rate All of this data gives a real, big-picture view based on real data. Use that data to create specific content for specific visitors to your site.
  • 21.
    You can setabout targeting these potential guests with specific offers at specific times of the year. To do that, use the data you have on peak search and booking times for your key geographical markets throughout the year.   A C T I O N P O I N T
  • 22.
      D E MA N D I N S I G H T
  • 23.
    You should beusing one or a combination of your PMS, Channel Manager and booking engine to review overall booking patterns. These are critical. One of your booking engine’s key strengths is accurately tracking the overall pattern of searches for future dates. Looking at forward demand is as key as historical data is. Revenue management is an essential part of your hotel’s conversion rate strategy—don’t neglect it!
  • 24.
    The real value,though, is all in the level of detail that you look at. Don’t simply take the data at face value—look at: - Searches patterns for midweek and weekends - Bookings patterns for midweek and weekends - Conversion rate for midweek and weekends   A C T I O N P O I N T
  • 25.
    N O AV A I L A B I L I T Y D A T A
  • 26.
    Compare these futuredemand and booking stats along with your no availability data. If you can, also review this data for each individual day of the week. It may not be the most exciting thing, but this level of data mining gives you insight into key opportunities. For example, you’ll see where things like holding out for two night stay reservations will boost your revenue.
  • 27.
    Look at yourno availability data in detail. Examine the dates with high levels of no availability, and examine the number of direct bookings compared to other channels. Highlight the demand and conversion rate on this date, and do the math: with a little more availability on your own site, how many more direct bookings could you potentially have converted?   A C T I O N P O I N T
  • 28.
    T H ED A T A I N Y O U R B O O K I N G E N G I N E D A T A S H O U L D B E U S E D T O B U I L D C O N F I D E N C E I N Y O U R P R O P E R T Y .
  • 29.
    A T NE T A F F I N I T Y , W E ' R E E X P E R T S I N H O T E L T E C H N O L O G Y A N D C O N V E R S I O N R A T E G R O W T H F O R H O T E L S . I F Y O U ' V E G O T Q U E S T I O N S , E M A I L U S A T S A L E S @ N E T A F F I N I T Y . C O M T H A N K Y O U !