The TripAdvisor Effect

Luxury Beat
Since it began as a user-generated hotel review website 16 years ago, TripAdvisor has grown to become the most visited travel site in the world. That’s a remarkable achievement and one that hoteliers around the world have become keenly aware of when designing their marketing strategies. Over the past three years, however, TripAdvisor itself has morphed to include both metasearch and booking capabilities. It now stands poised to possibly become the third largest online travel agency (OTA), competing with Expedia and Priceline, along with their slate of other travel booking brands. This represents an opportunity, but also a threat to major hotel chains and independent hotels. On the other hand, TripAdvisor is walking a thin line in trying to balance its business in user-generated reviews, metasearch and bookings without offending…
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