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Book Direct. Book Direct OTA Net Revenue as a Percentage of Total CRS Revenue Consistent with the industry, Choice has seen significant OTA growth.

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Presentation on theme: "Book Direct. Book Direct OTA Net Revenue as a Percentage of Total CRS Revenue Consistent with the industry, Choice has seen significant OTA growth."— Presentation transcript:

1

2 Book Direct

3 OTA Net Revenue as a Percentage of Total CRS Revenue
Consistent with the industry, Choice has seen significant OTA growth over the last five years OTA Net Revenue as a Percentage of Total CRS Revenue

4 OTAs have perpetuated the ‘lowest price’ claim for the past decade

5 Reminder: Third party rates are expensive
BAR Rate: $100 15%+ Commission: $15* Net Rate: $85 * Other System and royalty fees apply, based on brand and channel of booking.

6 Competitors Launched Member-Only Discounts to Combat OTA Growth
Marriott “It Pays to Book Direct” August 2015 Hilton “Stop Clicking Around” February 2016 IHG “Your Rate” May, 2016

7 Choice’s Book Direct Strategy
Price Confidence Unique Benefits Product Confidence

8 Price Confidence

9 Product Confidence or 77% 1M+

10 Unique Benefits with Choice Privileges

11 A/B test winners are implemented to drive hotel bookings
We’re continuously optimizing your lowest cost channel to drive conversion A/B test winners are implemented to drive hotel bookings

12 Questions?

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