Digital marketing budgets for independent hotels Continuously Shifting to Remain Competitive in the Online World

dc.contributor.authorLanz, Leora Halpernen
dc.contributor.authorCarmichael, Meganen
dc.date.accessioned2017-10-09T22:53:31Zen
dc.date.available2017-10-09T22:53:31Zen
dc.date.issued2015en
dc.description.abstractThe hotel marketing budget, typically amounting to approximately 4-5% of an asset’s total revenue, must remain fluid so that the marketing director can constantly adapt the marketing tools to meet consumer communications methods and demands. Though only a small amount of a hotel’s revenue is traditionally allocated for the marketing budget, the hotel’s success is directly reliant on how effectively that budget is utilized. Thus far in 2015, over 55% percent of hotel bookings are happening online, and mobile search queries have surpassed desktop queries (Google Research 2015). So as the world becomes deeply immersed in today’s digital universe, the marketing departments of independent hotels have directed their resources to the digital stratum, a necessity in today’s cluttered marketing environment and competitively branded arena.en
dc.description.notesfallen
dc.identifier.issue3en
dc.identifier.urihttp://hdl.handle.net/10919/79599en
dc.identifier.urlhttp://www.bu.edu/bhr/2015/08/25/digital-marketing-budgets-for-independent-hotels-continuously-shifting-to-remain-competitive-in-the-online-world/en
dc.identifier.volume3en
dc.language.isoen_USen
dc.publisherBoston Hospitality Reviewen
dc.rightsIn Copyrighten
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/en
dc.subjectdigital markitingen
dc.subjectsalesen
dc.subjectbudgeten
dc.subjectRevenue managementen
dc.subjectrevenuen
dc.titleDigital marketing budgets for independent hotels Continuously Shifting to Remain Competitive in the Online Worlden
dc.typeArticleen

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