{"id":1251,"date":"2023-11-29T22:42:32","date_gmt":"2023-11-29T22:42:32","guid":{"rendered":"https:\/\/123compare.me\/?p=1251"},"modified":"2025-11-19T09:49:51","modified_gmt":"2025-11-19T09:49:51","slug":"hospitality-pricing-in-black-friday","status":"publish","type":"post","link":"https:\/\/123compare.me\/en\/hospitality-pricing-in-black-friday\/","title":{"rendered":"Black Friday Pricing Strategies and Parity Analysis"},"content":{"rendered":"\n<p>In recent years, Black Friday, typically the last weekend of November, has emerged as a peak period for bookings. This year, it spanned November 24-27. Both hotel establishments and online travel agencies (OTAs) recognize Black Friday as a crucial time for maximizing revenue. They strategically aim to secure as many reservations as possible during this period.<\/p>\n\n\n\n<p>In this context, it&#8217;s essential to analyze the pricing behavior of OTAs, especially in terms of parity with the preceding weekend. Such analysis is critical for understanding market trends and identifying revenue-maximizing strategies.<\/p>\n\n\n\n<p><strong>Behavior of OTAs during the Black Friday period: parity and customers 123compareme<\/strong><\/p>\n\n\n\n<p>Regarding OTA pricing behavior, at 123compare.me, our analysis reveals no significant variations in key price competitiveness indicators\u2014beat, meet, and lose\u2014when compared to the reference weekend and our customers (refer to Chart 1 for details).<\/p>\n\n\n\n<p><strong>GRAPH 1.<\/strong> Black Friday (24-27\/11) vs Previous Weekend (17-20\/11)<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"438\" src=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-9-1024x438.png\" alt=\"\" class=\"wp-image-1252\" srcset=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-9-1024x438.png 1024w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-9-300x128.png 300w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-9-768x329.png 768w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-9.png 1238w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Could we, therefore, affirm that there is no correlation between the pricing strategy of OTAs and Black Friday?<\/strong><\/p>\n\n\n\n<p>Indeed, it appears that Black Friday has not undermined the competitiveness of our customers&#8217; direct pricing. However, it&#8217;s important to note a distinct bias in these findings. The establishments analyzed are exclusively hotels that prioritize pricing as a central component of their direct sales strategy. Additionally, these hotels have access to resources and tools, like those provided by 123compare.me, to effectively implement and monitor their pricing strategies.<\/p>\n\n\n\n<p><strong>Behavior of OTAs during the Black Friday period: parity and main destinations<\/strong><\/p>\n\n\n\n<p>At 123compare.me, utilizing the same approach as in our World Parity Report, we&#8217;ve captured a fresh snapshot of the situation across major destinations. As illustrated in graphs 2 and 3, while there are no significant shifts in global indicators or among the leading OTAs, we have observed an aggressive surge of over 10% in sponsored placements, particularly in the top positions on Google Hotel Ads.<\/p>\n\n\n\n<p>Put simply, during Black Friday, the OTAs offering lower prices than direct hotel websites gained increased visibility.<\/p>\n\n\n\n<p><strong>GRAPH 2<\/strong>. Global BML<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"431\" src=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-10-1024x431.png\" alt=\"\" class=\"wp-image-1254\" srcset=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-10-1024x431.png 1024w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-10-300x126.png 300w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-10-768x323.png 768w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-10.png 1360w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>GRAPH 3. Sponsored Placement<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"400\" src=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-11-1024x400.png\" alt=\"\" class=\"wp-image-1256\" srcset=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-11-1024x400.png 1024w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-11-300x117.png 300w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-11-768x300.png 768w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-11.png 1290w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>Behavior of OTAs during the Black Friday period: Impression Share<\/strong><\/p>\n\n\n\n<p>Overall, all the major OTAs have increased their impression share, appearing in a larger number of searches (as detailed in Chart 4). This data underscores the two primary strategic pillars of direct sales: price and visibility.<\/p>\n\n\n\n<p><strong>GRAPH 4. <\/strong>Impression Share<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"551\" src=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-12-1024x551.png\" alt=\"\" class=\"wp-image-1258\" srcset=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-12-1024x551.png 1024w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-12-300x161.png 300w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-12-768x413.png 768w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-12-1536x827.png 1536w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-12.png 1832w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Considering all the analyzed data, an important question arises: Have OTAs exhibited uniform behavior across all destinations?<\/p>\n\n\n\n<p><br>Black Friday, originally a Western phenomenon, has gained global recognition but remains more significant in the American and European continents. When examining the data by destination, it becomes evident that these continents show a notable increase in the &#8216;Lose&#8217; rate, as depicted in Chart 5.<\/p>\n\n\n\n<p><strong>GRAPH 5.<\/strong> Increase in loss rate (average)<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"958\" height=\"606\" src=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-13.png\" alt=\"\" class=\"wp-image-1260\" style=\"aspect-ratio:1.5808580858085808;width:500px;height:auto\" srcset=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-13.png 958w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-13-300x190.png 300w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-13-768x486.png 768w\" sizes=\"auto, (max-width: 958px) 100vw, 958px\" \/><\/figure>\n\n\n\n<p><strong>Bonus track: Palma de Mallorca Case, the outlier<\/strong><\/p>\n\n\n\n<p>Traditionally, Palma de Mallorca hasn&#8217;t exhibited the typical characteristics of an island holiday destination. In our analysis conducted in October, which is available for review here, Palma stands out as an exceptional case. <\/p>\n\n\n\n<p>The industry knowledge accumulated on the island in recent years, fostered by various public and private institutions, positions this destination as a strategic model worth emulating.<br>In terms of direct sales competitiveness, Palma has the lowest &#8216;lose&#8217; rate among all analyzed destinations (as shown in Graphs 6 and 7). This indicates that hotels in Palma were well-prepared for Black Friday, clearly prioritizing their websites as the main sales channels.<\/p>\n\n\n\n<p><strong>GRAPH 6.<\/strong> Global BML Palma de Mallorca<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"355\" src=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-16-1024x355.png\" alt=\"\" class=\"wp-image-1266\" srcset=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-16-1024x355.png 1024w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-16-300x104.png 300w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-16-768x266.png 768w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-16.png 1236w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>GRAPH 7. <\/strong>Sponsored Placement Palma de Mallorca<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"393\" src=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-20-1024x393.png\" alt=\"\" class=\"wp-image-1282\" srcset=\"https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-20-1024x393.png 1024w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-20-300x115.png 300w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-20-768x295.png 768w, https:\/\/123compare.me\/wp-content\/uploads\/2023\/11\/image-20.png 1166w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>While the analysis conducted in October already highlighted Palma de Mallorca for its low &#8216;lose&#8217; rate, it&#8217;s important to note that this destination has further enhanced its competitiveness, becoming one of the most improved destinations globally during the Black Friday weekend.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p id=\"ember84\">WPR <strong>Work Team <\/strong><\/p>\n\n\n\n<p id=\"ember85\"><strong>Jordi Serra, <\/strong>CEO at <a href=\"https:\/\/123compare.me\">123COMPARE.ME<\/a><\/p>\n\n\n\n<p id=\"ember86\"><strong>Pau Ferret, <\/strong>Chief Revenue Manager al <a href=\"https:\/\/123compare.me\">123COMPARE.ME<\/a><\/p>\n\n\n\n<p id=\"ember87\"><strong>Fran Di\u00e9guez, <\/strong>VP of Product at <a href=\"https:\/\/123compare.me\">123COMPARE.ME<\/a><\/p>\n\n\n\n<p id=\"ember88\"><strong>Salima Mansouri, <\/strong>Data Analyst at <a href=\"https:\/\/123compare.me\">123COMPARE.ME<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In recent years, Black Friday, typically the last weekend of November, has emerged as a peak period for bookings. This&#8230;<\/p>\n","protected":false},"author":2,"featured_media":1246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"class_list":{"0":"post-1251","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-price-integrity"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Black Friday Pricing Strategies and Parity Analysis - 123Compare.me<\/title>\n<meta name=\"description\" content=\"In recent years, Black Friday, typically the last weekend of November, has emerged as a peak period for bookings. This year, it spanned November 24-27. Both hotel establishments and online travel agencies (OTAs) recognize Black Friday as a crucial time for maximizing revenue. 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