Meta searching in hospitality

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Meta-Searching in Hospitality Stephanie Clark Kaitlyn Hafeman Sumit Kapali

description

This presentation provides a general overview of meta-searching, as well as an introduction to the use of meta-searching in the hospitality industry.

Transcript of Meta searching in hospitality

Page 1: Meta searching in hospitality

Meta-Searching in Hospitality

Stephanie Clark Kaitlyn Hafeman Sumit Kapali

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Overview

•History•Scope and Reach•Reported Impacts•Industry Examples•Other Industries Using Meta-Search•Professional’s Perspective•Business Landscape Impacts•Competitive Advantage

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Meta-Searching

•A search engine that pulls results from multiple search engines

•Allows consumer to access the results from multiple search engines at once, rather than searching them all.

•Meta-searching is similar to TripAdvisor, Expedia, Orbitz and Priceline

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Historical Review

•Traditional Internet Searches•First Meta-Searches•Hospitality Enters the Scene with

Airlines!•Newest Meta-Searches

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Reach and Scope

•No more searching through multiple sites•Narrowed Search – More to the point

options•Higher Number of “Impulse Buys”•Internet is all over the world Vast

majority of consumers on the planet will have access to destinations across the globe

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Potential Problems?

•Systems aren’t advanced enough to handle large influx in traffic flow

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Reported Impacts

•Growth of Meta-Searches in Hospitality•Lack of Meta-Searches in Most Industries•Information Retrieval and Internet

Services – Only ones with Meta-Searches•Google is working on a new meta-search

option for other products▫Very Secretive!

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TripAdvisor

•It is a leading online travel agencies that is using the meta-search engine.

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Industry Example – Room 77

•Dramatic Rise in Room 77 reservations and revenue.•Helping travelers to expose the best hotel deals.•Total capital raised to $143.8 million.

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Perceptions

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Outside Industry Example - Dogpile

•Images, Information, News, Videos, Yellow and White Pages

•Compiles results from Yahoo!, Google, Ask, etc.

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Outside Industry Example - Yometa

•Information Gathering•Searches Bing, Yahoo! and Google Only•Venn Diagram to Show Results

•Not Very Successful

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Professional Insight – Interview with Amy Anderson

Assistant Manager at Quality Inn & Suites, Menomonie, WI

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Quality Inn & Suites• Vast majority of reservations are booked online

or through ChoiceHotels.com

• http://www.choicehotels.com/?source=goch&cid=go000010971

• Do not track results from websites such as Expedia or Orbitz, but when contacted by these websites they update their pictures and information.

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Quality Inn & SuitesOnline Reviews

• Because of the importance that they place on these sites as well as TripAdvisor, guests are encouraged to write online reviews.

• Positive Reviews are very important especially with social media and all the outlets for potential customers to gain insight into a place they have never stayed before.

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Quality Inn & SuitesMarketing Strategies

• Through their ChoiceHotels.com site, various marketing techniques are used to attract guests to the hotel.▫ Points towards free ChoiceHotel nights▫ Gift cards at retailers and restaurants▫ Airline miles▫ “Best Internet Rate Guarantee”

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Quality Inn & SuitesMarketing Strategies

• Menomonie Wedding Fair▫ Enchanted Barn

• Involvement in the community (Winter Parade)

• Highway signs and offering discount coupons offered at area events

• As important as these are, the Internet still offers the best exposure for their business.

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Business Landscape Impacts

•Rapid Transformation into Meta-Searches•Growth in Online Bookings – Predictions•Impact on Hotel Properties

▫Customer Reviews▫Pricing Strategies▫Fees Associated with Search Results

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Course Content Relations

•Market Segmentation•Stages of Customer Interaction•Characteristics of a Service•Analytics •Quality Search Experience

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Competitive Advantage