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	<title>VTV Channel - A Vlog focusing on Hotel Merchandising Online &#187; Opaque Sites</title>
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		<title>The Role of Opaque Sites in the Travel Planning Process</title>
		<link>http://vtv.vfmleonardo.com/the-role-of-opaque-sites-in-the-travel-planning-process/</link>
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		<pubDate>Mon, 25 Jan 2010 14:00:50 +0000</pubDate>
		<dc:creator>VFM Leonardo</dc:creator>
				<category><![CDATA[Home]]></category>
		<category><![CDATA[Chris Anderson]]></category>
		<category><![CDATA[Cornell University]]></category>
		<category><![CDATA[focusing on hotel merchandising]]></category>
		<category><![CDATA[hotel eBusiness]]></category>
		<category><![CDATA[hotel marketing]]></category>
		<category><![CDATA[hotwire]]></category>
		<category><![CDATA[in the travel planning]]></category>
		<category><![CDATA[Opaque Sites]]></category>
		<category><![CDATA[priceline]]></category>
		<category><![CDATA[role of opaque sites]]></category>
		<category><![CDATA[the travel planning process]]></category>
		<category><![CDATA[Travel Planning]]></category>
		<category><![CDATA[vtv channel]]></category>
		<category><![CDATA[vtv.vfmleonardo.com]]></category>
		<category><![CDATA[your hotel's presence online]]></category>

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		<description><![CDATA[Opaque bidding mechanisms are particularly attractive to value-seeking, non-brand loyal consumers who want 4 and 4 ½ star accommodations but don’t want to pay retail rates. Sites like Priceline and Hotwire that have opaque mechanisms offer hoteliers an opportunity to price into this segment while maintaining higher rates at retail outlets. Leveraging these sites typically results [...]]]></description>
			<content:encoded><![CDATA[<p>Opaque bidding mechanisms are particularly attractive to value-seeking, non-brand loyal consumers who want 4 and 4 ½ star accommodations but don’t want to pay retail rates. Sites like Priceline and Hotwire that have opaque mechanisms offer hoteliers an opportunity to price into this segment while maintaining higher rates at retail outlets. Leveraging these sites typically results in improved RevPAR.</p>
<p>Tips on getting started with opaque sites:<br />
- Start using them as soon as possible<br />
- Give higher rates with restricted inventory<br />
- Use them day-of or day-before</p>
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