website revenue
[Whitepaper] Recover Lost Website Revenue and Drive a Higher ROI Just Like the OTA’S Do
Milestone | June 1, 2017
The hospitality industry spends billions of dollars every year driving traffic to their websites, yet 81%* of visitors leave before completing their booking. This presents the hotelier with two key challenges. How do you reduce the number of booking abandonments? If visitors do abandon, how do you get them back to your site to complete the transaction? Do what the OTA's do. Implement a revenue recovery strategy utilizing several popular digital marketing tactics. Studies show that one third of visitors to your website start a reservation but only 2% complete the booking. With the average hotel's conversion rate around 2-3%, maximizing t...