Note From the EditorThe hotel industry and Airbnb are often adversarial — just look at any of the messaging from the American Hotel and Lodging Association on the subject. But several hotel company CEOs tell Hospitality Editor Deanna Ting they're thinking about the homesharing platform as an opportunity to advertise their own rooms. It's not the only change these executives are trying to figure out. As Google continues to wring more money out of its hotel advertising business and online travel agencies drive bookings (at a high cost), hotel CEOs can't just rely on efforts to drive direct bookings. "Unfortunately, for the hotels it's a sad situation," said Best Western CEO David Kong. "You spend money on advertising or you have your traffic hijacked. Which one is going to cost you more money in the long run?" — Hannah Sampson, News Editor |
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