Skift-McKinsey Study: Travel Booking Journey Shifts From Linear to Orbital
Skift and McKinsey's seventh annual research collaboration, based on a study of 1,000 consumers and traveler diaries, found the booking journey has transformed from a linear path to an orbit that expands, contracts, and continues well past the transaction. McKinsey partner Constantin said touch points from intention to booking grew from roughly 45 in 2018 to an estimated 65 now. More than 50% of travelers change their minds and rebook after the initial booking, with about 40% seeking better prices and 30% driven by fear of making the wrong choice. More than 70% of travelers use AI for research and comparison, but fewer than 16% are comfortable booking through an AI tool. IHG is rolling out…