Bookings are the lifeblood of any travel business. Every year, 60% of Americans take one to two domestic
trips, and nearly 10% travel more than five times. This represents a vast pool
of potential customers for travel businesses like yours.
In particular, you should be focused on return bookings — these
are even more precious than first-time reservations because they’re a testament
to your business’ ability to meet and exceed customer expectations. Not only do
repeat bookings lead to increased revenue, but they’re also much cheaper than
acquiring new customers.
If you’ve ever wondered how you can turn your summer vacationers
into year-round travelers or convert one-time customers into repeat bookers,
you’re in the right place. We have three strategies you have to try if you want
to improve rebookings.
Use customer feedback
to generate special offers
The most successful travel businesses are the ones that know their
customers. To stay visible in this competitive industry, you need to know
what’s working and what’s not. Tapping into customer feedback can help you
accomplish this.
Client feedback is rich with zero-party data, or data that your customer
intentionally shares with you. Zero-party data can be used to power
recommendation engines, suggesting trips and specials that are likely to appeal
to customers based on their previous travel history.
When your customers complete their trip, consider reaching out to
them to collect their opinions on their experience and inquire about any
upcoming travel plans. There are a few ways you can accomplish this:
Send out surveys
and feedback forms - Send follow-up surveys via email and ask questions about the
reservation process, accommodations, transportation, activities and overall
satisfaction. Sweeten the deal by providing an incentive for participation,
like a discount on a future booking.
Conduct a personal
check-in - Following a booking, reach out to your customer personally. Direct
contact fosters a sense of connection and encourages open dialogue. Plus,
directly asking for feedback gives you the opportunity to ask specific
questions, address particular concerns and thank your client for their
business.
Practice social
listening - Who hasn't posted about their vacation online? It's a common
practice for people to share their travel experiences, good and bad, with their
social networks. Monitoring relevant mentions, comments and hashtags is a good
way to keep tabs on what people say about your business, so you can learn where
you excel and where you need to improve.
Once you’ve collected this data, you can reactivate customers who
have just finished their trips with personalized deals on “first-minute” trips.
This helps you stay top of mind for clients and encourages future business.
Reward loyal customers
with freebies
Did you know that customer acquisition costs jumped from $9 per customer in 2014 to $29 in 2022?
Retaining customers is one of your best bets to ensure profitability.
Loyal customers keep your business in the black, so why not
surprise them with a special reward upon their next booking?
Free upgrades and add-ons are always welcome in the travel
industry. After all, the average week-long vacation costs almost $2,000 for one person traveling within
the United States.
Use the information you have about customers’ previous purchases
to inform free offers for their next booking. For example, a customer who books
a wellness trip may enjoy a free spa voucher during their next trip. Free hotel
stays, complimentary travel insurance coverage or a rental car at no extra
cost are other enticing offer options. Use your customer data to inspire offers
that will drive additional bookings.
You can also encourage upsells and first-minute bookings
with the right incentives. If your customer books an expensive trip, throw in a
complimentary flight upgrade. If they book a trip far in advance, offer an
immediate discount on their grand total.
The benefits of loyalty rewards extend beyond free offers. More than half of global consumers say that a
loyalty program encourages them to keep shopping with a brand, above good
customer service (37%) and positive online search experiences (35%). To master
rebookings, don’t overlook loyalty programs.
Predict future
behavior by analyzing engagement
For travel businesses, anticipating your customers' future
bookings is crucial for success. By leveraging analytics and personalization,
your business can create multiple content variants and track customer engagement to accurately
predict future behavior.
One effective method for generating personalized offers involves
creating multiple content variants and observing how your customers interact
with them. For instance, you could show your customers a variety of
destinations, accommodations and travel dates on a landing page. As your
customers interact with the landing page, track their selections. This data can
then be used to generate personalized offers that are more likely to appeal to
each individual customer.
Let’s say that one of your customers routinely selects beach
getaways and culinary experiences. To increase the likelihood of a repeat
booking, your business could suggest a cruise to a tropical island and a
private cooking class. The data suggests that these types of offers are likely
to be more appealing to this particular customer.
You can also use a custom prediction model to analyze historical
data. These models use advanced algorithms to identify patterns in customer
engagement. Over time, you’ll be able to automatically predict who is most
likely to book a trip and when, so you can center your outreach around that.
It’s a win-win: Your clients receive offers for travel that
they’re likely to book, and your company scores repeat reservations.
Personalize
on an individual level
Each traveler is different, so if you’re able to cater to their
preferences, you’re that much more likely to secure another booking. For
example, instead of simply A/B testing your campaigns, use artificial intelligence-driven contextual personalization to automatically
show the best variant to inspire action in each customer.
Or use AI to determine the optimal time to send your message. Instead of
sending an email or SMS blast at once to your entire audience, you can use
historical data to automatically send your content when they’re most likely to
engage.
Data and automation
set the stage for rebookings
Rebookings are essential for travel businesses, but they can be
difficult to achieve. By understanding your customers and their needs, you can
encourage them to book with you again and again.
Travel businesses need to leverage automation and data in order to
gain a deeper understanding of their customers and their travel preferences.
This information can then be used to create personalized offers and
recommendations that ensure your brand is always top of mind for customers so
that you can secure repeat bookings.
About the author ...
Amelia Woolard is a copywriter at
Bloomreach.
Learn more!
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bookings? Check out
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