This isn’t news any longer, but it’s still worth noting that Facebook recently hired former Expedia exec Lee McCabe as its head of travel. As noted during the recent HSMAI Chief Digital Officer Roundtable, Facebook — and other players such as Apple, Microsoft, and Amazon — don’t have a significant presence in the online travel space… yet. But given the size of the online travel space (~ $120B in 2012, roughly 35% of all e-commerce), it’s no wonder Facebook has started to take notice.
Skift offers this insight from McCabe:
“A big part of the role is helping our travel partners reach existing objectives by connecting, engaging, and influencing consumers on the Facebook platform,” McCabe says. “We’re already doing that by identifying the right solutions for travel, such as Custom Audiences, Facebook Exchange and Offers. So far, our partners that have the most clear objectives and focus on core solutions are seeing the most success.”
How big is Facebook in your marketing plans this year? Does their attention to the space cause you to look at them more closely? I’d love to hear what you think.