We know great booking engines boost sales and decrease commission costs. But which features make for a great booking engine? And how does artificial intelligence factor in?
A recent survey found that great booking engines can increase direct bookings by 4-8% above the industry average. And according to Marketing Sherpa's Benchmark Survey, the hotel industry average for booking conversions hovers around 4%.
With these impressive metrics, and the profitability a hotelier can reap with the right booking tool, what then are the features that make a booking engine great? We tell the full story on a SlideShare deck here. But here's a sampling of a few features:
OTA Price Comparison
This feature drastically reduces the chances your online visitor will abandon their booking journey on your site to compare pricing on OTA channels. By serving up real-time OTA prices in the booking flow, hoteliers can provide consumers assurances they're getting a good deal - and avoid giving them a reason to go online elsewhere to confirm!
Side-by-Side Room Comparison
This feature delivers a better user experience because it allows the consumer to easily and seamlessly compare different room types and rates. Further, promotions can be added and customized to sweeten the deal. These factors reduce the likelihood your online visitor, and potential guest, will abandon your site.
Great booking engines boost the volume of direct bookings and maximize the profitability of your reservations.