A Quick Guide to Metasearch Advertising What is metasearch? Metasearch is a consolidation of hotel inventory and information into a searchable platform. Metasearch engines use factors such as price, location, dates of stay, reviews, and amenities to display the most relevant hotels matching the guest’s preferences. The main metasearch engines are TripAdvisor, Google Hotel Finder, Trivago and Kayak. How does metasearch advertising work? Metasearch engines use traditional pay-per-click (PPC) programs that allow hotels to compete with OTAs for top placement as a booking option directly from the hotel’s listing. TripConnect is TripAdvisor’s own PPC program Inn on the Lake On your TripAdvisor page Travelers see your direct rate and availability and click to access your website. On your hotel’s booking engine Travelers go straight to your website’s booking engine to book directly with you. Hotel Price Ads is Google Hotel Finder’s own PPC program. Left: The hotel is still listed but pricing is not included. This hotel has not out-bid the OTAs for the top 4 positions thus their direct book link has been minimized. Below: This hotel has successfully out-bid the OTAs and the prominent, red book button takes the guest directly to the hotel’s website to book. What are the benefits of metasearch advertising? First, metasearch is still relatively new, so it is less saturated than other hotel advertising channels. This is especially true for secondary and tertiary markets, where it is not as beneficial for OTAs to focus their ad spend. Second, metasearch engines highlight hotels using their PPC programs, further driving direct bookings. Third, an increase in direct bookings is an increase in revenue for your property! How much time is required to manage these programs? As with all PPC programs, metasearch advertising requires expertise as well as daily bid management to properly react to what other advertisers and competitors are doing. With only 3 top positions for TripAdvisor and 4 top positions for Google Hotel Finder, it is easy to be out-bid by OTAs. For this reason, InnLink has elected to partner with industry experts who can manage your online visibility while you manage your property. How much does it cost? Cost varies based on your property, location, and the activity of competitors and OTAs in your area. Our specialists will work with you to recommend a strategy for achieving proper visibility and bookability for your hotel. A minimum of $300 per month is usually required though spend can increase in highly-competitive environments. What results can I expect? Metasearch advertising is quite complex and every property will achieve different results. For hotels in saturated markets, like metropolitan areas or surrounded by larger chains, it may be difficult to achieve positive results with a minimum budget. OTAs concentrate their efforts where it is most lucrative for them, making it more difficult to compete without dedicating a significant monthly budget. Case Study This full-service hotel in Boston embarked on an aggressive campaign to shift share from the OTAs to the direct online channel. In addition to revamping the property website, SEO, SEM and online media and retargeting efforts, the property launched a campaign on TripConnect. In the first half of 2013, the property not only generated over $145,000 in incremental revenue, but saved over $36,250 in OTA commissions. • Budget: • Clicks: • Bookings: • Roomnights: $1,500/ month 6473 232 601 • Revenue: • ROAS: • True ROAS: $145,166 1519% 2,025%, including savings from OTA commissions Why should I go through a partner versus managing it myself? Our specialists perform daily bid and campaign management tasks across key metasearch engines. They also monitor your competitors, track conversion rates, and make responsive changes to your bid strategy in real-time. Without the technology they have specifically developed, you could easily spend hours per day managing your campaigns. How can I learn more? If you would like to learn more about metasearch advertising and the options available to you, talk to your Account Manager who will introduce you to the specialist best suited to meet your needs. To learn more about getting started with these metasearch channels, download our free guides on TripAdvisor and Google Hotel Finder. Frequently Used Terms Ad Spend Otherwise known as ‘advertising spend’, this term refers to an allocated budget for a PPC campaign. Free TripAdvisor business listing With a free business listing you can add hotel description, photos, respond to guest reviews, access free TripAdvisor website badges and track your basic performance. Paid TripAdvisor business listing With a paid business listing you are able to add direct contact information for your property, create special offers to increase visibility, access an expanded property dashboard of analytics, premium property photo slideshow and a free mobile upgrade for special offers. Pay-per-click (PPC) Every ‘click’ on your hotel’s direct booking link in the metasearches will be deducted from your ad spend account. The value of each click will be determined by a variety of factors including your property, your location, how many competitors are participating, and how aggressively the OTAs are advertising in your market. ROAS Otherwise known as ‘return-on-ad-spend’, this is the calculated return of bookings, room nights, and revenue generated from paid clicks. SEM Otherwise known as Search Engine Marketing, this refers to marketing your property using tools like Google AdWords, Bing Ads, etc. to increase and improve visibility in search engine results. SEO Otherwise known as Search Engine Optimization, this is the process of optimizing your website content to improve placement in search engine results for relevant keywords and terms.
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