Hotel Industry is Trying to Put the “Horse Back in the Barn”
The concept of Listing Syndication is just as prevalent in marketing hotel rooms as it is with real estate inventory today. There are many syndication sites like TripAdvisor, Expedia, Hotwire and hundreds more. In theory, these sites were set up, in theory to HELP hotels, especially with last minute inventory to maximize their ability to sell room nights. Sound familiar? The Theory failed. What actually happened though was that these sites have disintermediated consumers from corporate hotel sites like Hilton, Marriott, Hyatt and others. It changed the way consumers shop and eroded hotel price points. Moreover, it eroded the ability for hotels [...]