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Travel Infomediary

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Permits separation of GDS/direct bookings. Rich content makes a service stickier ... Converging Media are demanding more information as well as easier booking tools ... – PowerPoint PPT presentation

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Title: Travel Infomediary


1
  • Travel Infomediary
  • Is a New Frontier
  • In
  • Service and Control

2
Control the Information
  • What is an Infomediary?
  • Information is more than Content
  • Emerging and Converging Technology
  • Three Cs
  • Compute Supplier and GDS (processing)
  • Content Supplier, GDS and Infomediary
  • Communicate GDS (traditional), Telephone,
    Internet and Wireless
  • Booking Channels will Evolve
  • Information will Drives the Booking

3
A Travel Infomediary is ..
  • A source of unbiased information
  • A supplier of customized or segmented or targeted
    information
  • An Enterprise who has has invested in technology
    to cleanse, quality control and deliver travel
    information across all media
  • An Enterprise that is equally concerned about the
    value of their service to their data supplier and
    information distributor.





4
A Travel Infomediary is ..
  • Not Dependent on
  • Paid Listings
  • Booking Fees
  • Advertising Print or Electronic
  • Not An Indexer of URLs
  • Infospace.com, yahoo.com
  • Not an Internet Link to a
  • Travel Service Supplier
  • Intermediary
  • Travelocity.com, Expedia.com and TravelWeb.com
  • GDS
  • Not Dependent on
  • Unauthorized WWW spiders
  • Unauthorized screen scrapping





5
Emerging Converging Media
  • Emerging Media
  • Personal Digital Assistants (PDA)
  • Corporate
  • Wireless
  • Corporate
  • PDA/Telephone
  • Interactive Voice
  • Interactive Pagers
  • Corporate
  • WebTV
  • Leisure
  • Converging Media
  • Internet
  • Leisure
  • Intranet
  • Govt/Corporate
  • Extranet
  • Affinity Groups
  • Buyers/Sellers
  • Mutual Interest





6
Value
  • Controlling the travel information that is
    integral to your travel service is key.
  • Technology controls computing and communications.
  • People control information
  • A Content Consolidator
  • specific data types/elements from the original
    source with the permission of the supplier.
  • A Content Filter
  • proofing, quality control and cleansing
  • A Customizable Value Add
  • consolidated or segmented data for custom
    internal applications and/or commercial products.
  • A Source of Reliable Digital Content
  • accountable for agreed data quality, update
    frequency, coverage etc.

7
Infomediary Value
  • Above all Content control
  • Content is customizable for innovative and unique
    applications
  • Control the content and you control the
    converging media opportunities
  • Information not bookings adds value to your
    service
  • Information drives the booking process

8
Infomediary Benefits
  • Information Drives Media Convergence
  • Planning Information
  • Trip Interruption Information/Notification
  • Post Trip Information
  • Information is the bridge between Business and
    Leisure business
  • Permits separation of GDS/direct bookings
  • Rich content makes a service stickier
  • Track user preference on demand not purchase
  • Content control facilitates customization

9
More Benefits
  • Customized content enables product
    differentiation on converging media
  • Establish your brand by controlling content
  • Add integrity with content from a neutral brand
  • Good information reduces the look-to-book ratio
    by offering all options and booking options
  • Complete information enables search engines
  • Outsourcing to an Infomediary adds value and
    saves operating costs

10
Business Assumptions
  • There is value in providing complete and accurate
    trip planning information
  • The better sources for additional content are not
    indexers, spider or screen scrapping
    applications.
  • Good planning information builds stickiness and
    attracts new users
  • Ultimately, the consumer will pay for a travel
    service, not the supplier
  • High Look-to Book ratio is due in part to a lack
    of complete and accurate content
  • Converging Media are demanding more information
    as well as easier booking tools
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