Competitive Travel
Report Finds Consumer Loyalty for Suppliers Outweighs Online Travel Agencies;
But Customer Experience Prevails
eVOC Insights and RelevantView Share Results From Head-to-Head Syndicated
Lodging Report: The Battle for Loyalty - Online Travel Agencies vs. Suppliers
SAN FRANCISCO, and WESTPORT, Conn., Sept. 29 /PRNewswire-FirstCall/ -- eVOC
Insights, a customer experience consulting firm, and RelevantView, a leading
technology provider of Web-based research solutions, announce the release of a
new syndicated lodging report, "The Battle for Loyalty -- Online Travel
Agencies vs. Suppliers". This report compares the customer experience
between leading online travel agencies and lodging suppliers -- Expedia /
Hotels.com / Marriott / Hilton / Starwood -- to identify what factors drive
purchase preference and determine whether loyalty exists when travel sites
reach price parity.
With more than 150 million consumers shopping for travel on the Web and over
$70 billion in online revenue forecasted for 2006, competition between online
travel agencies and suppliers is fierce. Online travel agencies are feeling the
pressure from suppliers, most notably airline and lodging suppliers, as
consumers are beginning to migrate to suppliers to research and book travel.
Lodging suppliers pose the greatest threat, as consumers are seeking more than
just competitive prices when making a purchase decision for hotel
accommodations.
This competitive lodging report explores this trend and addresses the
following questions:
* Will the trend towards suppliers continue or will OTAs prevail? * Are users likely to research lodging on one travel site and purchase on the other? * What factors impact the purchase decision -- price, content, functionality, rewards? * How effective are loyalty programs for attracting and retaining customers? * Are loyalty members really loyal?
Combining RelevantView's online technology, ActiveSandbox(R), with eVOC's
strategic consulting and analytical expertise, this report helps travel and
lodging providers maximize the effectiveness of the online channel by providing
a clear understanding of the customer decision process relative to the competition.
Unlike other methodologies, this research combines behavioral and attitudinal
metrics to understand the thoughts, actions and preferences of consumers as
they interact head-to-head with OTAs and suppliers.
Highlights from this report include: * Consumers are initially more likely to prefer purchasing from a supplier directly, than an OTA; Although, after experiencing the sites, overall purchase intent on leading OTAs outperforms suppliers * Supplier loyalty programs are a key differentiator; Loyalty members will pay more for hotel accommodations and are twice as likely to return, purchase and recommend as non-loyalty members * However, loyalty membership does not guarantee purchases; 48% of Marriott Rewards members and 44% of Starwood Preferred Guest members would prefer to purchase from Expedia or Hotels.com than the supplier after experiencing each of the sites
Obtain a free Abstract for this report: http://www.relevantview.com/sr_ota_2.asp
For more information about this report, e-mail Liz Edison at liz.edison@evocinsights.com.
To learn more about upcoming Syndicated Research or custom research provided
by eVOC Insights and RelevantView, please visit: http://www.evocinsights.com/
or http://www.relevantview.com/
About eVOC Insights
eVOC Insights, LLC is a customer experience consulting firm that focuses on
Web strategy, usability, and "voice of the customer" research. We
combine innovative technology, comprehensive market research, and expert
analysis to deliver actionable insights into the behavior, thoughts and
attitudes of customers. It provides the most appropriate, cost effective
methodology to meet customer's research needs. eVOC is headquartered in San
Francisco, CA. More information is available at http://www.evocinsights.com/.