Skip to main content

Price Comparison API — A Transparent Way to Drive Direct Bookings

The past five years have seen a relatively new product category hit the market for hotels: price comparison websites. This sudden proliferation has come hand in hand with the increasing move to drive direct bookings. As OTAs consolidate, many hotels feel constrained by high third-party commission rates, and the benefits of a book direct strategy are more widely understood.

How do price comparison websites work? What are the benefits to your hotel of using one? Can you make such websites?

The premise behind price check widgets is simple: when placed on a hotel’s website, it gives guests a clear, immediate way to see the price differences between the hotel’s own site and the price on various OTAs. Ideally, the guest should see that the hotel’s own price is equal to or lower than that of any third-party site. This doesn’t always happen, but it’s up to the hotel to ensure that their direct rates are better or the same as any third-party rates (there are a few widgets that will help you out with this — read on to discover which).
This encourages guests to make their booking directly. However, it also benefits the guest: it saves them time shopping around, assures them they’re getting the best deal, and gives them direct contact with the hotel. This in turn gives the guest more flexibility in adjusting their reservations, and builds loyalty.

Now, coming back to the question-”Can you make such websites”. Our answer would be yes with our price comparison API you can make it possible.


This API lets you compare hotel room prices from more than 200 websites like agoda.com, booking.com , hotels.com,amoma.com,etc. Response will consist of top 3 vendors along with the best vendor. Address , reviews, ratings , features, etc are the part of JSON response. This API is simple to implement so you can keep smiling. Our database is regularly updated to reflect new changes in Hotel prices and availability. Our API quickly responds to your queries so your app doesn’t lags. Using our API, you can just focus on your user experience. We take care of the backend. Your productivity is our responsibility.

Conclusion

When you are developing a book direct strategy, everything that can be done should be done to get guests on your site and keep them there to book. Hotel technology companies know this, so watch this space! It’s likely that the market will open up even further than it has in such a short span of time, and it will be interesting to watch which new startups will rise and which will fall.

Comments

  1. Afaq AhmedAugust 27, 2018 at 8:38 AM

    These hotel comparison sites have most of their sales through third party affiliates and they have to pay them commission. The book direct sales are quite low as compared to the sales they get from third parties and that's how this market works in my opinion.

    AMOMA.com Discount Codes

    ReplyDelete

Post a Comment

Popular posts from this blog

Cheat Sheets for AI, Neural Networks, Machine Learning, Deep Learning & Big Data

Over the past few months, I have been collecting AI cheat sheets. From time to time I share them with friends and colleagues and recently I have been getting asked a lot, so I decided to organize and share the entire collection. To make things more interesting and give context, I added descriptions and/or excerpts for each major topic. This is the most complete list and the Big-O is at the very end, enjoy… If you like this list, you can let me know here Neural Networks

Neural Networks Cheat Sheet Neural Networks Graphs

Neural Networks Graphs Cheat Sheet



Neural Network Cheat Sheet Ultimate Guide to Leveraging NLP & Machine Learning for your Chatbot
Code Snippets and Github Includedchatbotslife.com Machine Learning Overview

Machine Learning Cheat Sheet
Machine Learning: Scikit-learn algorithm This machine learning cheat sheet will help you find the right estimator for the job which is the most difficult part. The flowchart will help you check the documentation and rough guide of …
23 comments
Read more

This Is Exactly How You Should Train Yourself To Be Smarter [Infographic]

Design inspired by the Cognitive Bias Codex
View the high resolution version of the infographic by clicking here. Out of all the interventions we can do to make smarter decisions in our life and career, mastering the most useful and universal mental models is arguably the most important. Over the last few months, I’ve written about how many of the most successful self-made billionaire entrepreneurs like Ray Dalio, Elon Musk, and Charlie Munger swear by mental models… “Developing the habit of mastering the multiple models which underlie reality is the best thing you can do. “ — Charlie Munger “Those who understand more of them and understand them well [principles / mental models] know how to interact with the world more effectively than those who know fewer of them or know them less well. “ — Ray Dalio “It is important to view knowledge as sort of a semantic tree — make sure you understand the fundamental principles, i.e. the trunk and big branches, before you get into the leav…
4 comments
Read more

Warren Buffett: “Really Successful People Say No To Almost Everything”

When I tell people that Warren Buffett follows the 5-Hour Rule and spends 80% of his time reading and thinking, they have an immediate and predictable reaction: “Well, he can do that because he’s Warren Buffett, one of the richest people in the world. I could never do that.” While this response may help people feel better about themselves, it certainly won’t make them smarter. Because the reality is: Buffett has spent most of his time reading and thinking since he was in grade school. Having more money or managing a large company doesn’t magically give you free time. Having free time is never the default. People don’t just fall into huge blocks of free time unless they retire. Rather, free time is the result of strategy. It’s the result of looking at time differently. Curious about Buffett’s unique strategies, I’ve read several books about him, read most of his annual letters to stockholders, and watched nearly all of his interviews. And make no mistake about it… behind Buffett’s jovia…
2 comments
Read more