Online marketing continues to be on the priority list of travel companies: survey

Published: 03 Nov 2008

Most travel companies are planning to maintain their current levels of spending on online marketing, or even increase their spending, according to a new survey.

According to a survey, featuring 88 companies (conducted by the online content specialist Whatsonwhen), 80 percent indicated that they intend to at least maintain their online spending. More than 50 percent of the respondents reported that they intend to increase their online marketing budgets from 11-50 percent.

Eleven out of 20 travel agencies plan to increase spending, with nine doing so by one to 50 percent.

Of the airlines surveyed, 40 percent stated that they would reduce their online marketing spending by up to 10 percent, although 60 percent said that they would increase their spending amount by from 10 to over 100 percent.

Ten hotel companies responded, with only two decreasing budgets by one to 10 percent and one keeping it level. Of the seven who plan to increase their budgets, four will do so by one to 10 percent, two by 11-50 percent and one by more than 100 percent.

Some of the other findings were as follows: More than two thirds said they would increase spending on SEO (66 percent), half planned to increase destination content and 47 percent expected to increase spend on AdWords. But a fifth said they expected to reduce spend on banners and six out of ten expected metasearch spend to remain the same; Unique content was a priority for 41 percent of the travel companies surveyed; User-generated content (34.8 percent) is the next priority for travel companies to add to their sites followed by video (28.3 percent), image galleries and marketing micro sites; Delivering content over mobile and localising for non-English markets were the lowest priorities.

Whatsonwhen's Joel Brandon Bravo said: "In these tough times it was encouraging to see the online channel continuing to grow in importance with more than 50 percent of respondents planning to increase online spend in this year. Within this there was a noticeable shift away from traditional online advertising such as banners and a much stronger emphasis placed on content and search engine optimisation."

"The main priority for customers was increasing conversions and the main issue clients had with their content was keeping it accurate and up to date," he said. "The priority allocated to SEO and increasing destination content goes hand in hand because researching destinations has been shown to be the most popular use of Google in the travel category. In addition sites are offering information about the holiday destination as a key part of their product sale."

"The survey clearly shows that travel companies' overall priority in adding content to their website is to increase customer conversion," he said.

Comments

Post new comment

Upcoming Conferences & Reports

Social Media Strategies for Travel 2010

March 24-25, San Francisco

Now in its 3rd successful year this is the only event to be focused 100% on the profitable application of social media in the travel industry. Find out how to drive maximum return on your social media initiatives - we guarantee no stone will be left unturned!

European Online Travel Report 3rd Edition

2009-2010

This comprehensive report will help you understand the incredibly complex European online travel market and allow you to pinpoint specific growth opportunities for your travel company.

Sales Management in Travel and Hospitality

17-18 June 2010

As the travel consumer continues to demand more, sales teams need to perform to higher expectations than ever. This two day industry conference will provide all the necessary ingredients to learn how to thrive by using the latest technology, communications, strategies and motivational techniques, along with advice on hiring, training and working with other sectors within the company to improve sales.

Travel Distribution Summit Asia 2010

April 28 - 29th, 2010

Asia's trusted meeting place for all travel distribution, marketing/sales and revenue professionals.

Travel Distribution Summit Europe 2010

17-18 June 2010

Taking the 4 cornerstones of travel commerce and placing them under one roof. Over the last 12 years, this event has consistently addressed the key issues facing the people who market, distribute, price and sell travel. It's also the best place to meet the partners and make the deals that will ensure your company becomes, or remains, an industry success story.

Online Marketing Strategies for Travel 2010

1st Week June, Miami

A must-attend event for all travel marketers. Hear real life case studies from top travel brands who have used powerful, innovative marketing strategies to boost travel sales – even when times are tough.

Online Marketing & Social Media Strategies for Travel Summit 2010

5-6 October, Andels Hotel, Prague

Formerly known as the Sales & Marketing in Travel Summit, this well established event examines key strategies to engage customers in the new media landscape. Join top travel brands who’ll share insightful case studies, best practices and ideas!

Travel Distribution Summit North America

13-14 October, 2010 - Chicago

Now in it’s 12th successful year, this is THE travel industry event where the North American online travel industry meets to network, share fresh industry knowledge and learn profitable new strategies.

Travel Distribution In-house Research and Training

Available Now

Access video footage from the world’s biggest meeting of online travel and travel distribution execs. Includes more than 50 conference talks, slides and panel debates. Topics covered include online travel strategies, revenue management and ancillary revenue.