Analytics in hospitality: how to increase bookings

In hospitality, increasing the number of bookings is a key objective for all businesses. But with competition in the online world increasing year on year, it is no longer enough to simply have a well-designed website to increase bookings. Modern analytics tools can help us better understand guest behaviour and make data-driven decisions that actually increase bookings. Here are some tips on how you can use analytics data to increase bookings.

Know your Visitor Habits

The first step to increasing bookings is to get to know your website visitors' behaviour. Using Google Analytics or another analytics tool, we can easily track which pages are the most popular and how much time visitors spend there. We can also find out where visitors are coming from (search, social media, email campaigns) and which devices (mobile, tablet, desktop) they use most often. This information can be used to optimise the user experience, especially on pages where visitors tend to stay longer, such as menu, gallery and booking pages.

Analysis of attrition

An important analytical tool is to look at the churn rate, i.e. where visitors leave the site before making a booking. If, for example, many visitors leave the site during the booking process, it may be worth looking at whether the booking process is simple and intuitive. Reducing barriers such as an overly long booking form or a complicated payment process can significantly increase the number of bookings.

Audience segmentation and Personalised Content

In the hospitality industry, unique, personalised offers are a priority. Analytics tools can be used to segment audiences, for example by demographics, time of visit or source. This gives us the opportunity to run targeted marketing campaigns that match the interests of different segments. For example, if we find that many visitors come from social media, it may be worth sharing special offers on these platforms.

Weekday and Period Analysis of Reservations

We can also use analytics tools to understand the most popular periods for bookings. If we see that certain days or months have a high number of bookings, we can tailor our marketing campaigns accordingly, and even offer periodic discounts during less popular periods. This tactic not only helps fill vacancies, but also optimises revenue.

Improving the mobile user experience

Mobile traffic has been growing steadily over the years, with an increasing proportion of bookings being made on mobile devices. With analytics, we can see how mobile visitors behave on the site. If we find that mobile conversions are low, it could be due to a lack of a mobile-friendly interface. It's worth optimising the booking process for mobile to make it quick and easy to use.

Summary

Understanding visitor behaviour is key to increasing bookings in hospitality, and analytics tools can help you achieve this. Reducing drop-out rates, personalised offers, analysing booking patterns and taking mobile users into account can all help to increase bookings. A well thought-out data-driven strategy can help us better understand our guests' needs and optimise our online presence for more successful bookings.

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Tamas Vedres

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Flybuilt is a website development and digital consultancy team based in Budapest

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