Close

Cart

Total $0.00

Checkout

By Sue Spinney

As competition among hotels remains heated due to new construction and market saturation, independent hotels continue to thrive and outpace chain hotels in both growth and average daily rate (ADR). For the second year in a row, Expedia Group data shows unbranded properties had greater average daily rates (ADRs) and overall revenue growth than their branded hotel brethren.

Comparing Q1 2018 to Q1 2017 Expedia Group data, independent popularity once again soared, with independents continuing to grow twice as fast as chains, consistent across both domestic and international bookings.

When it comes to Expedia Group VIP Access hotels, consisting of 3,500-plus hand-picked hotels that offer exceptional service and leading guest experiences, the independent ADR advantage is even stronger. For 5-star hotels, VIP properties on average command a nearly 60 percent higher ADR than non-VIP 5-star hotels, and at the 3-star level there is a greater than 10 percent ADR advantage – giving them even more of an ADR lead over chains.

Chains used to have a distinct ADR advantage, especially internationally, due to their scale and marketing prowess, but technology has leveled the playing field by allowing smaller hotels to play big through access to world class marketing, revenue management, e-commerce and competitive insights tools and technologies.

Independents clearly continue to excite and increasingly attract travelers today, and from our deep experience working with these properties in nearly every market, we have learned from our lodging partners the secrets to their continued success.

1.  Focus on customer experience. Unlike larger hotel brands which are tied to strict brand guidelines, independent properties have the opportunity to create a unique local experience for the guest, clearly reflective of their community. From locally sourced artwork, to unique culinary experiences, independents can create the customized guest stay that travelers today crave.

2. Leverage audience segmentation tools. Today’s boutiques and independents have more data and insights than ever before. With Expedia Partner Central and Rev+ revenue management, hotels can see their corporate versus leisure bookings, packages versus standalone bookings, and data on their comp sets. You may learn that your comps are getting huge traffic from London and you’re not. You can then dive into their rates, and even specifically target travelers from there to up your piece of the London pie.

3. Localize. Not only does technology allow properties to target travelers by city, country and region, it also allows independent hotels to reach global audiences in their own languages and currencies with no heavy tech investment. addition, Further localization is also helpful. For instance, in Japan, tapping is the preferred mobile interaction versus swiping, so Japan sites are often, and should be, built to accommodate this preference.

4. Leverage the experts. Expedia Group has market managers across the world who can provide even more market insights, such as how much of your market’s inbound is coming from corporate or package bookings. Knowing the nuances of your market helps you be smarter about your positioning. Deep insights allow you to look beyond your comp set to see what other market factors may be impacting your bookings, like a 5-star losing a group booking and dropping into your pricing set.

About Expedia Group

Expedia Group is the world’s travel platform, with an extensive brand portfolio that includes some of the world’s most trusted online travel brands.

Contact: Molly Mulloy

molly@craftedpr.com / 415.248.6335

Related News

Independent Hotels: An Action Plan to Win the Direct Booking

U.S. National Parks Travel Trends Data for Hoteliers From Expedia

2019 Hotel Trends: The Power of Personalization and Building Personal Connections

Gen Z Travelers: More Open to Influence and Inspiration Than Other Generations

Expedia Group’s New Guest Insights Tool Helps Hotels Understand and Attract Travelers

Southern Lodging Summit Announces Full Speaker List for 16th Annual Conference August 28th & 29th in Memphis, Tennessee

Package Bookings: Learnings From the Top Packages Markets

Storytelling Is Not an Option Anymore, It Is Who You Are

Brazil - Spotlight on the State of Business Travel

Top Five Hottest Leisure Trends for Independent Hotels

Study Reveals 'OTA Premium': Travelers Who Book Through OTAs Stay Longer, Spend More During Trips

Hotel Tech in 2018: Tools and Technologies to Remove Friction and Deliver Value

New Year, New Travel Priorities. Study Says: Experiences Win Over Possessions

Attracting the High-Value Bleisure Traveler: Insights for Hotels

Millennials Are the Most Vacation Deprived

Global OTA Customer: The Value of the International Booker for U.S. Hotel Properties

Barnhill to Lead Think Tank at The Lodging Conference Highlighting the Advantages of Going Independent

Business Travelers Are Still Going Rogue With Hotel Bookings

New Builds Signal Growing Strength of Independent Hotels, New Entrepreneurial Brands, as a Dozen Teneo Member Hotels Open 2017-2018

ALICE Raises $26 Million Series B Funding from Expedia, Inc.

All News »

Please login or register to post a comment.