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September 2007

Online Reservations

Online reservations continue to increase in importance as more and more consumers demand real-time, instant reservations. This page will keep you up to date on industry trends and online reservation news; if you'd like us to address a particular topic, don’t hesitate to contact us.
 

Tip of the Month

Announcements from BedandBreakfast.com

BedandBreakfast.com B&B Traveler survey
Online Reservation Trends

Tips of the Month

  • Call today for a free online reservations consultation! Our online reservations team can tell you how many searches for availability have been done for your property, how many positive inventory results were returned, and the competitiveness of your rates within your local market.

  • Consumers are starting to look for accommodations for their fall travel. Do you have inventory loaded so they can book with you? Please consider adding inventory in the system to cover the next few months.

  • Do you have a room that never sells? A last-minute cancellation? Load  it into the online reservations program, and see what happens! Log in, and click the Online Reservations Manager button to load your rooms.


If you have questions or would like a free online reservations consultation, contact Online Reservations Support at 800-GO-B-AND-B (800-462-2632), extension 4; 512-322-2700, extension 4 or Reservations@BedandBreakfast.com.

 

“Although this is my high season, I want to take a minute to thank you for the great support you have given, especially with the online reservations. You gave me a great piece of advice by recommending at that time - just before my high season - that I extend my online reservation listings throughout the summer. If I had a last-minute cancellation it would only take seconds to make that room available for online reservations. I took your advice. I find it especially helpful for the ‘odd’ one night availability in the middle of the week. When I see that I have one of those odd nights, I make that room available on the online reservations; most of the time I get a reservation for that room. My vacancy sign is collecting dust in the closet this season thanks to the online reservation program!” – Karen Morella, Serendipity Bed and Breakfast, Ocean City, NJ


Announcements from BedandBreakfast.com
Good news! BedandBreakfast.com Online Reservations is now available to properties worldwide!

How does it work?
The function is exactly the same as it is for U.S. and Canadian properties. All payments are made in U.S. dollars, and international properties must have a PayPal account in order to receive payment. Read more.


More than 1,500 innkeepers in the United States and Canada have signed up for the BedandBreakfast.com Online Reservations program, which includes placement on industry leading sites like Expedia, hotels.com, SideStep.com and Kayak.com. This is a highly effective tool for helping you increase your occupancy during the times you need it. Call 1-800-462-2632, extension 4, or email Reservations@BedandBreakfast.com to learn how you can participate in this program and fill your unsold/empty rooms.
 

Get started today!

BedandBreakfast.com B&B Traveler survey
BedandBreakfast.com recently conducted a survey for B&B travelers that was completed by more than 3,000 consumers!
Here are a few of the results that are relevant to online reservations:

 

Where do people research and book travel?

  • 35% of consumers say they research travel on independent property websites, vs. 78% who say they use sites like BedandBreakfast.com

  • 28% of consumers say they will book on independent property websites, vs. 50% who say they prefer to book on sites like BedandBreakfast.com

  • 25% of consumers say they NEVER use independent property websites

  • 34% of consumers say they NEVER use association websites

Take-away? If you are not advertising on directories such as BedandBreakfast.com, you are missing out on roughly a third of the business you could be getting.

What is important to consumers?

  Percentage who report they are important or very important
Photos 98%
Maps 91%
Unbiased Consumer Reviews 87%
Ability to Book Property Online 85%


Take-away? If you are not going to encourage reviews and online bookings, you might as well just take down your photos and maps because consumers are going to skip your property and go to the ones that do encourage them.

What is important when booking on property websites?

 

  • 21% of consumers say the ONLY way they will book on a property website is with a fully online bookable and confirmed reservation

  • 85% of consumers say they would probably book, or would only book on a property website that is fully bookable online and confirmed reservation

  • Yet only 34% say they would on a site with an availability calendar and 24-hour wait for confirmed reservation

  • 25% of consumers say they would probably not book/would not book on a site that has a 24-hour wait

Take-away? If you use an availability calendar, you are missing out on at least 25% of the business you could be getting.

What are consumers thoughts on security?
 

  • 87% say they will only give their credit card to sites that prominently display a well-known security logo

  • 74% said they will only give their credit card to companies that display a hacker prevention logo like HackerSafe

  • 94% of consumers say they would not knowingly give their credit card information to sites that do not have good security measures


Trends in Online Reservations

Travel e-commerce climbs 14%: comScore recently released a report on U.S. e-commerce spending for the second quarter of 2007, which showed that “non-travel (retail) e-commerce grew 23 percent versus year ago to $27.2 billion, while online travel spending increased 14% to $20.3 billion. Total U.S. e-commerce spending climbed 19% to $47.5 billion during the period.

“Total U.S. online consumer spending reached $170.8 billion in 2006, with non-travel spending accounting for $102.1 billion and travel spending accounting for $68.8 billion. Based on the first-half growth rates, total U.S. online consumer spending is on track to reach $200 billion in 2007.”

Kayak launches new hotel display: “Kayak.com launched a new display for flights and hotels after testing more than 300 mockups for Travel 2.0 functionality. The result is Kayak 2.0, approved by several focus groups and loyal Kayakers. Kayakers can now compare hotel results in the following ways:

  • Traditional List View displays more hotels above the fold than any other travel site. A checkbox has been added to include or hide hotel thumbnails.

  • Map View integrates search results on a Google Map. Users can compare a hotel’s distance from a landmark or enter a custom location such as the address of a friend’s home or business meeting. Kayak.com will then display up to 15 hotels near the selected landmark or address. Hover over a pushpin to see a hotel’s price and star rating, or click on the pushpin to see full details. Users can also check the satellite image to see exactly how close they really are to the beach or airport, or to a custom address.

  • Photo View offers slideshows of properties using Ajax navigation, allowing for quick scrolls through hotel pictures for those who won’t buy sight unseen.”


European online travel market three years behind the U.S.: “According to a new report from PhoCusWright Inc., the European travel market is following in the footsteps of the online U.S. travel market, though with a few important differences. The report, PhoCusWright’s European Online Travel Overview Third Edition, provides an in-depth look at the fragmented European travel market, including market size, forecasts, and analysis for the European market as a whole, as well for the U.K., French, German, Italian and Spanish online and total travel markets.

"According to the report, European online leisure/unmanaged business travel as a percentage of the total travel market will approach 25% in 2007, the level achieved in the U.S. in 2004. The report also finds that cultural, technological, strategic, and fiscal forces have shaped the online markets of each of the five largest European countries. This new set of studies delves into the drivers and the likely effects of these forces. For example, in the U.K., where Internet access is ubiquitous and online purchasing routine, more than twice as many online buyers and regular Internet users buy travel than in Germany."


Questions? Please send them to Reservations@BedandBreakfast.com.
 

 

This Month's Sponsor

      

Internet Intensives

BedandBreakfast.com, RezOvation and Inns.com are hitting the road to bring you current and comprehensive information about Internet marketing, online reservations, yield management, and property management software.

Click here to see upcoming Intensives and more information.
 

Updated Photography

Fall foliage season is almost here, and travelers are booking their accommodations. Are you displaying  foliage photos on your BedandBreakfast.com listing? If not, upload some today! Log in to your Home Base and click Photos.

It's not too early to upload winter and holiday photos! The larger the image file, the better.
 

Gift Card Reseller Program

"I was thrilled when I heard about the program. As far as guests are concerned, it's much nicer for them to buy something they can use everywhere!" -- Julie Becker, Byrn-Roberts Inn, Murfreesboro, TN

“The gift cards are simple to activate. It was so fast, I couldn't believe it!” -- Merrie Hammond, Asa Cline House B&B, Yellow Spring, WV
            

The BedandBreakfast.com Gift Card Reseller Program is here! Click here for details. If you'd like to receive a free reseller kit, contact us at 800-462-2632 or Support@BedandBreakfast.com.

Online Trade Show

Visit our newest vendor members!
Inn Consulting Partners

Absolute Coffees
Markel Insurance Company

Click here to view our Online Trade Show. Are you a vendor? Click here to get featured!

Advertising Auctions

Featured Property and Inn of the Month auctions are easy, affordable and effective ways to drive traffic to your website.

Member Information

To update your entry, check your traffic statistics, and renew your membership, please log in with your property ID and password. Don't like your password? Once you're logged in, click "Membership," select "Change Password," and choose another that's easier to remember. More information

"BedandBreakfast.com has been our #1 B&B directory referrer for the past few years. I really enjoy the service they provide and the extras that they do for B&Bs like the Online Reservations program and the Gift Certificate program. The Gift Certificates have been really popular with our guests." Jennifer Macgillonie, The English Inn, Port Townsend, WA

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