wtm london travel forward review
‘Tech drives behaviour’ T
ravel technology is not just responding to changes in traveller behaviour but driving
some of them, according to experts speaking at Travel orward. Mike roucher, Travelport’s head of technical strategy and chief architect, opened the event with a presentation explaining how the travel industry was forcing consumers to behave in a way that suits industry systems, rather than reflecting how and what they want to buy.
e argued that the backbone of the industry has traditionally been systems of record, and that today’s consumers expect to be serviced by systems of intelligence and systems of engagement. ystems of intelligence are new ways to connect supply and demand and have artificial intelligence capabilities integrated in the platform. roucher referenced opper, the -based recent recipient of a 100 million funding round. opper has developed algorithms that track historic flights pricing data and advises cost-conscious travellers on the best time to buy via an app. It is reverse-engineering the revenue
management systems of airlines, he explained.
Instagram was another topic, with
roucher saying it was a valuable tool 0 of the content on Instagram is travel-related. Travelport and easyet have jointly developed a way to connect images on Instagram with easyet’s booking engine. The ook and Book extension enables travellers to directly book a flight from looking at a picture of a destination.
ompanies must make it easy for content to be consumed in multiple ways, he said. laf later, abre ospitality’s
senior director, international strategy and innovation, repeated roucher’s assertion that the industry is designed around siloed processes and not the customer. e talked about history hindering a great customer experience. later described the order of the hotel industry’s engagement with guests as rates, room, amenities, destination and experience, but added that millennials in particular would expect the conversation to begin with the experience that the hotel can offer.
unding easily accessible’ F
unds are readily available for travel technology ideas whether or not you have the platform already, Travel orward delegates heard. usie tanford, associate director at ivingbridge, a private investment firm that has a strong track record in travel, noted that capital is not a scarce commodity and that startups with genuine potential would always find someone to back them. owever, she cautioned she was interested in Is rather than headlines and that data is table stakes entrepreneurs who have qualitative data get more value from s. reg Webb, senior vice-president and general manager, racle ospitality, observed that the current landscape allows startups to allocate any capital raised towards people and ideas, rather than their tech infrastructure. Webb added technology was enabling hoteliers to think differently about the potential value of a customer If you know that someone who has booked with you has 100,000
followers on Twitter, that person should be treated as a I because of their social profile.
TripNinja awarded Startup Pitch C
anadian multi-city flight search technology specialists Tripinja has won the
inaugural Travel orward tartup itch. The alifax-based firm was chosen
from a shortlist of four, with attendees at the event voting for the winner after a series of presentations. The competition took place on the closing day of the inaugural Travel orward event. The other three finalists were 1too, a group travel application designed for millennials ly ow ay ater, which allows travel brands to offer customers the option to pay in installments and Thimus, an Italian business specialising in travel-specific applications of applied neuroscience and biometric data.
The startup pitch competition was sponsored by madeus and its executive vice-president for online western Europe, Middle East and frica rancesca Benati appeared on
wtm.com
a panel discussing the relationship between brand and distribution. he said Ts were increasingly thinking about technology as a means to define their brand. It is becoming harder for Ts to attract and retain customers, so they are looking at offering a seamless experience, not just in the booking flow, but also in how they relate to the users, she said.
Workspace hailed N
ew features set to be introduced on irgin tlantic aircraft have come as a result of social media in the workplace, the airline said. irgin started using Workspace by acebook, an online collaboration tool, last eptember. Its usage spans the entire workforce, from pilots to travel agents.
teve larke, the airline’s senior manager, communication channels, said that by the end of the year, 0 of staff had adopted the tool, ahead of its original target of . urrently 90 use Workspace by acebook, which was launched two years ago. larke said some of the inflight
TripNinja
chief executive Andres Collart
features to be included on the airline’s new irbus 0-1000s came about as a result of conversations that took place within Workspace. The first of 12 of the new aircraft go into service next year.
winter 2018 wtm insights 13
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60