June 21, 2018
Travelers losing interest in home-sharing
According to MMGY Global’s Portrait of American Travelers study, just 33% of respondents are interested in sharing economy accommodations, down from 41% in 2017 and 37% in 2016.Read more
Travel brands should attack the issue of attribution from multiple angles, finds a brand new report from EyeforTravel.
The approaches, which include tracking through cookies, data-driven attribution and encouraging customers to log-in to own brand sites and apps, all need to be underpinned by a strong data programme that measures change over time.
Travel brands need to undertake an extensive and multifaceted approach because attribution requires capturing interactions at so many touchpoints over extended periods and from different devices.
Mobile bookings, in particular, have additional complexity in terms of attribution. As mobile is a last-minute channel with short lead times, there is limited time to build up tracking data. To back this up, some key stats from EyeforTravel’s Mobile Industry Survey 2018 reveal that:
- 80% of accommodation business surveyed reported that mobile lead times were shorter
- 58.7% said that they were much shorter
- Only 1.3% found that mobile lead times were longer
The result is that often brands are left to rely on just last touch attribution, particularly when it comes to mobile bookings, and are often looking at an incomplete view of the customer journey.
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