When analyzing performance on TripAdvisor, we often find ourselves taking the time to consider where our ads are ranked in the auction. This is in part because advertisers ranked in the top three positions receive significantly more clicks than advertisers in lower ranking text links. Needless to say, maintaining a high level of visibility for popular hotels is an important part of driving campaign volume. This can be challenging at times as we typically see increased competition for top hotels in popular locals. If not closely monitored, a change in competition can cause an ad to be pushed out of the top 3 slots and in turn reduce its visibility significantly.