FACTS AND STATISTICS ON THE ADDED VALUE AND BENEFITS OF VIRTUAL TOURS
CUSTOMER RETENTION. Virtual tours as part of hotel listings compared to not having a virtual tour increases the duration of time spent on your website by 5 to 10 times.
TIME SPENT. Using a well-built virtual tour on your website not only keeps people looking at your website longer, but also brings the visitor back in the future.
TARGET CLIENTS. Having a virtual tour as a commercial marketing tool on your website reduces approx. 40% of the amount of the visitor's wasted viewings.
Virtual tours for real estate have become an imperative part of the real estate marketing funnel. And listings that have a virtual tour typically spark more interest than those that do not have virtual imaging tied to their listings.
Consider customers who may be looking for a home out of state. Real estate virtual tours are a 24/7 open house that does the job of the real estate agent even when interested clients can’t be in person to tour a home.
With the generation shift, millennials are more likely to book a venue, hotel or use a service if the business has a virtual tour.
The number of bookings in travel and tourism hit almost US$1.6 trillion in 2018 with the hotel industry constituting for 30%+ of this value.
The total retail value of the global hotel industry is set to cross US$500 billion in 2018
The Asia Pacific region has witnessed the maximum hotel room occupancy (OCCUPANCY %) with 69.7%.
Travel and tourism is nowadays 10%+ worth of the global gross domestic product
Corporate travel is expected to rise by 6.1% in 2018.
Hotel Industry alone is expected to sustain by growing at 6% to 7% in 2019.
Virtual Tours have been helping the development of the hotel industry and the hospitality sector. The ever-changing and the global scene is developing faster than ever before, thanks for the 360 degrees photography!
Advances in technology have completely reshaped the way that the hotel industry operates. Thanks to social media, people are now more informed than ever about the places that they want to visit as well as how they want to get there and where they want to stay.
Apart from making it easier for the customer, Virtual Tours has increased the efficiency of the hotel industry and it has helped greatly to improve the customer experience.
Virtual Reality is a relatively new phenomenon that has taken the world by storm and changed how things are done. At Orbit, virtual reality is able to take us to places we have never gone before, making us feel as if we were visiting them for real. Not only is it exciting in the entertainment industries such as hospitality or gaming, but it is also influential in the classroom. At Orbit, we believe that the future of Virtual Reality will have the ability to transform how we see and learn about the world around us and be connected, predicting it to be a US$150 billion industry by 2020.The team of Orbit, have already integrated interactive maps, floor plans and information style sheets in our works, and have a lot to look forward to rising above the din as new technology enters the market.