A Look at How Consumer Behavior Affects Acquisition Costs

class="image-block-wrapper"
data-animation-role="image"

data-animation-override

>

by Mark Lomanno, Kalibri Labs

With the advent and acceleration of the digital age, consumers continue to adjust their behavior, approaching even hotel booking differently. Whereas in the past most guests tended to book their room reservations directly with the hotel by calling or going to the property directly, now consumers are much more likely to shop for and buy their rooms online or on a mobile device. For a hotelier, the shifting consumer behavior from one booking channel to another can have a dramatic effect on the property’s bottom line, as each booking channel comes with its own associated costs. Understanding the impact of shifting channels is key to managing a hotel’s cost of customer acquisition.

Read the full article on Hotel Management

Download the full article