What role do social media and influencers play in shaping the travel economy and influencing hotel booking decisions in 2024?

Starts 3rd October

Vanita Keswani

Madison Media Sigma

Poulomi Roy

Joy Personal Care

Hema Malik

IPG Mediabrands

Anita Kotwani

Dentsu Media

Archana Aggarwal

Ex-Airtel

Anjali Madan

Mondelez India

Anupriya Acharya

Publicis Groupe

Suhasini Haidar

The Hindu

Sheran Mehra

Tata Digital

Rathi Gangappa

Starcom India

Mayanti Langer Binny

Sports Prensented

Swati Rathi

Godrej Appliances

What role do social media and influencers play in shaping the travel economy and influencing hotel booking decisions in 2024?

The following article is attributed to Vervotech co-founder & CEO, Sanjay Ghare.

Sanjay Ghare

Mumbai: In 2024, social media and influencers are central to shaping the travel economy and influencing hotel bookings. This trend is accelerating rapidly, with Statista reporting that in 2023, 75% of travelers said social media posts inspired their trips to specific destinations. The impact of these digital platforms on travel choices is clear and continues to grow.

Social media has changed how people plan and book trips. Platforms like Instagram and Facebook now act as virtual travel agencies, showing off beautiful destinations, unique experiences, and attractive accommodations. These visual platforms let users explore travel spots online, inspiring them and influencing their choices on where to go and stay.

Influencers play a crucial role in this digital travel ecosystem. These individuals, often with large followings, share their travel experiences, recommendations, and insights. Their posts, stories, and videos offer a personal touch to travel marketing, giving followers a glimpse into real experiences at hotels, restaurants, and attractions worldwide.

The power of influencer marketing in the travel industry lies in its authenticity and relatability. When an influencer shares their stay at a particular hotel or their experience in a specific destination, followers see it as a genuine recommendation rather than a traditional advertisement. This perception of authenticity can significantly impact booking decisions, with many travelers more likely to choose accommodations or destinations endorsed by influencers they trust and admire.

Hotels and travel brands recognize the potential of this marketing approach and increasingly partner with influencers to promote their properties and services. These collaborations often involve influencers staying at hotels and sharing their experiences through posts, stories, and videos. The content created through these partnerships can reach millions of potential travelers, showcasing the hotel's amenities, unique features, and overall experience in a way that resonates with the influencer's audience.

The impact of social media and influencers on hotel bookings is particularly pronounced among younger travelers. Millennials and Gen Z, who are more active on social media platforms, are more likely to be influenced by the content they see online when making travel decisions. These generations often prioritize experiences and Instagram-worthy moments, making them particularly receptive to visually appealing content shared by influencers and on social media platforms.

However, the influence of social media and influencers extends beyond just inspiration. These platforms have become crucial channels for research and decision-making in the travel booking process. Travelers often turn to social media to read reviews, ask for recommendations, and gather information about potential accommodations. This trend has led many hotels to invest heavily in their social media presence, ensuring they have engaging content and responsive customer service on these platforms.

User-generated content (UGC) on social media has also played a significant role in shaping travel decisions. Travelers often share their own experiences, photos, and reviews on social platforms, providing authentic, unfiltered insights for others planning their trips. Hotels that encourage and showcase positive UGC can benefit from this organic form of marketing, as potential guests often trust the experiences shared by fellow travelers.

While social media and influencers have become powerful forces in the travel industry, they are part of a broader shift towards online travel planning and booking. According to Statista, in 2023, 72 per cent of travelers preferred to book their trips online, compared to only 12 per cent who preferred using a traditional travel agency. This statistic underscores the growing importance of digital platforms in all aspects of travel planning and booking.

The impact of social media and influencers on the travel economy and hotel bookings is likely to keep growing. As technology evolves and new platforms emerge, the ways in which travelers discover, plan, and book their trips will continue to change. Hotels and travel brands that can effectively leverage these digital channels and collaborate with influencers will be well-positioned to capture the attention and bookings of modern travelers.

Social media and influencers play a key role in shaping the travel economy and influencing hotel bookings in 2024. Their ability to inspire and inform travelers makes them essential to modern travel marketing. As digital trends evolve, these platforms and personalities will become even more important, changing how people plan, book, and experience their trips.