managing travel in a changing workplace
DESCRIPTION
Tendencias en los viajes de empresa.TRANSCRIPT
Today’s Speakers…
Susan SteinbrinkSr. Corporate Travel Analyst
PhoCusWright Inc.
Gregg BrockwayPresident & Co-Founder
TripIt Inc.
Anne Marie RazzaVice President of Product
Orbitz for Business
Tipping Point of Travel Rebound vs. Re-invention
Maintaining Relevance for
Managed Travel Program
Consumer Is Window to Biz
Traveler Loyalties
The Traveler-Centric
Future The Mobile World
Social Phenomenon
Interoperability of Service
The Corporate Traveler
Summing It Up Technology Still Evolving
Balancing Company and
Traveler Needs
Q&A
Enter Your Questions!
July 21, 2010
Susan Steinbrink, Sr. Corporate
Travel Analyst, PhoCusWright Inc.
Source: PhoCusWright’s U.S. Online Travel Overview Eighth Edition Update: 2009-2010; PhoCusWright’s U.S. Corporate Travel
Distribution Fourth Edition
Corporate Pullback More Severe than Travel OverallU.S. Total and Corporate Travel Market Gross Bookings (US$B), 2007-2011
270 276
232 236247
817877
102 101
0
50
100
150
200
250
300
2007 2008 2009 2010 2011
Total Travel Market Corporate Travel Market
2%
-16%2%
4%-24% 1%
-1%
5%
Source: PhoCusWright’s U.S. Corporate Travel Distribution Fourth Edition
49% 50% 51%53%
55%
2007 2008 2009 2010 2011
Average Online Adoption Rate, 2007-2011
No Channel Immune But Corporate Online Adoption Continues to Gain
Source: PhoCusWright’s Online Travel Overview Ninth Edition, November 2009; 2009-2011 projected; Book & Co.’s Profits Down,
Spending Steady: The Global Innovation 1000, Winter 2009; U.S. Patent and Trademark Office
Innovation Continued Despite RecessionU.S. Leisure/Unmanaged Business vs. Corporate Travel (US$B)
Patent
applications
rose @7% in
2009
66%+
companies
planned to
maintain or
increase R&D in
2009
168 176
155 157 166
102 101
77 78 81
2007 2008 2009 2010 2011
Leisure/Unmanaged Business Corporate Travel
Workspace Becomes Portable & Virtual
#1
Publishing &
Information
#2
Commerce
(Transactions)
#3
User
Engagement
(Web 2.0)
Web 2.0: Evolution of Participative Internet
Business Adapts to and Adopts Technology Globalization of business and global integration
Changing Workforce Demographics (Gen Y, Boomers, Ethnicity Rules)
Word-of-mouth harnessed to drive enterprise information and communications
Worker value & innovation defined by collaboration (content developed through shared participation)
Technology goes kinetic (e.g., iPad)
Enterprise embracing “emerging” technology
By 2011, business use of IM will increase to 400M accounts with 150M of these designed specifically for business use
By 2014, social networking will replace email as primary form of communication for 20% of business users (source: Gartner Inc.)
Increase use of SaaS (software as a service)
Open Markets drive innovation and improved customer experience
Apple iPhone App Store – open up software to 3rd party developers
Google, Netflix, Amazon, Yahoo and Facebook creating open platforms
Rearview Perspective Helpful…
…But Not as Strong a Predictor of Future Demand
Snap Back vs. Permanent Change
Changing Dynamics in Travel
Co
rpo
ratio
n
Cost Control
+ Enterprise Revenue
Generation
Brand Management
Changing Dynamics in Travel
Variable
Costs
Fixed
Costs
Fixed
Revenue
Variable
RevenueSu
pp
ly C
ha
inC
orp
ora
tio
n
Cost Control
+ Enterprise Revenue
Generation
Brand Management
Changing Dynamics in Travel
Variable
Costs
Fixed
Costs
Fixed
Revenue
Variable
RevenueSu
pp
ly C
ha
inB
usin
ess
Tra
ve
ler Expert
Advice
Contextual & Real-
time Networking
Cost ControlPersonalized Experience &
Influence
+
Co
rpo
ratio
n
Cost Control
+ Enterprise Revenue
Generation
Brand Management
Changing Dynamics in Travel
Co
nte
nt
+Fares/Rates
Travel
Alternatives
Ancillary Services
Non-Travel
Alternatives
Changing Dynamics in Travel
Co
nte
nt
+
Desktop/
Laptop
Wherever Traveler
has Mobile AccessP.O
.S
Fares/Rates
Travel
Alternatives
Ancillary Services
Non-Travel
Alternatives
Changing Dynamics in Travel
Co
nte
nt
+
Desktop/
Laptop
Wherever Traveler
has Mobile AccessP.O
.STechn
olo
gy
Ad
op
tio
n
Enterprise
Driven
“IT
Consumerization”
Fares/Rates
Travel
Alternatives
Ancillary Services
Non-Travel
Alternatives
Changing Dynamics in Travel
Co
nte
nt
+
Desktop/
Laptop
Wherever Traveler
has Mobile AccessP.O
.STechn
olo
gy
Ad
op
tio
n
Enterprise
Driven
“IT
Consumerization”
One-way
Push
Communications
Two-Way
Push/Pull
Communications
+
Fares/Rates
Travel
Alternatives
Ancillary Services
Non-Travel
Alternatives
Info
Access
Maintaining
Relevance for
Managed Travel
Programs
Preferred Suppliers
Technology Innovation
Corporate Issues
Consumer Dynamics
Travel policy
Customer Care
Converging Forces Redefining Corporate Travel Management
Managed Travel Program
Point-of-Sale Transcends Tools & Journey
Multiple Purchase
Opportunities
Booking Methods
Plan Point of
Booking
Priorto
Departure
InFlight
AtDestina-
tion
Compliance
Strategies
Spend
Management
Green
Mgmt.
Demand
Management
+
+
Control is a Matter of Influence, Not Policing
Traveler
Layering Employee Preferences Is Key to Program Success
Trip Centric Traveler Centric
Collaboration is Name of the Game
Insular
(Enterprise Driven)
Tra
vel
Fu
ncti
on
Interdependence
(Enterprise + User Experience)
Consumer is
Window into
Business Traveler
Loyalties
Great
Content
Loyal
Following
Search
The ―perfect storm‖
for real-time information
Consumer Dynamics: Immediate Gratification
Consumer Dynamics:
Transparency and ―In the Know‖
Insider or Exclusive Information
Beck’s Gig
FinderAdidas Urban
Art Guide
Nike
True City
Consumer Dynamics: Tracking and Alerting is the New Search
MasterCard
ATMHunter
Vodafone
& Turkcell
UK Automobile
Association
Push vs. Pull Relevant Information Services
Consumer Dynamics: Needing to Connect…
Country Time Per Person
(hh:mm:ss)
Average 5:27:33
Italy 6:27:53
Australia 6:25:21
United States 6:02:34
United Kingdom 5:50:56
Spain 4:50:49
Brazil 4:27:54
France 4:12:01
Germany 3:47:24
Switzerland* 3:26:00
Japan 2:37:07
* Home only (all other home and work); ** Global SN traffic includes US, Brazil, Australia, Japan, France, Germany, Italy, Spain, Switzerland
and United Kingdom) Source: The Nielsen Company
Social Networking by Country, Feb. 2010
…But Connect on Traveler’s Terms
Build It
And
They Will Come
…But Connect on Traveler’s Terms
Build It
And
They Will Come
Build It
Where
They Are
Direct Booking Page on Facebook
(April 6, 2010)*
*Source: Twitter
Focusing on the traveler will
empower individuals and extend
management opportunities
for the corporation
July 21, 2010
Gregg Brockway, President
TripIt, Inc.
Hi. My name is Gregg Brockway. This is my tag cloud.
The Traveler-Centric Future = Mobile Internet + Interoperability + Social-ness
TREND 1_ Mobile
• 4 billion smartphones by 2012
• Smartphone market growing 20 times faster than PC
• 80% of business travelers carry smartphones
Mobile adoption is changing how people behave.
Source: Joi Ito
Mobile is everywhere
TREND 2_ Interoperability of services
TRAVEL 1.0
―one-way web‖
1995-2002
The Evolution of Online Travel
TRAVEL 2.0
―two-way web‖
2002-2007
What’s Next?
―the bot web‖
2007-TODAY
―I have a dream for the Web …when the
day-to-day mechanisms of trade,
bureaucracy and our daily lives will be
handled by machines talking to machines.
The intelligent agents people have touted
for ages will finally materialize.‖
— Tim Berners-Lee (1999)
General View Almost 500 million
Facebook members
75 million LinkedIn users
Worldwide participation
growing from 118 million
in 2008 to 800 million by
2012 (Gartner)
Managed Travel View
TREND 3_ The Social Phenomenon
Source: AirPlus, Spring 2010, survey of buyers and suppliers
―Social‖ for people = ―Collaboration‖ for enterprises
Company
Groups is a
private,
company-only
network hosted
by TripIt
The social phenomena is more than social networks.
Our social graph is becoming portable.
business
leisure
The Traveler-Centric Future is the convergence
of all our work, leisure, and social behaviors.
social
What will be better in the traveler-centric future?
COMPANY Benefits
Location & visibility
Comprehensive reporting
Traveler productivityHi,
Itinerator at
your service!
TRAVELER Benefits
Access to relevant information
Personalized service
Booking & re-accommodation
Supplier merchandising
QUICK SUMMARY
1. Mobile + social + interoperable = traveler-centric
2. The traveler-centric future is an opportunity for everyone.
3. It’s coming. The question is how we respond?
Technology is continually evolving.
Travel managers need great
partners to innovate without losing
sight of the fundamentals
July 21, 2010
Anne Marie Razza, VP Product
Orbitz for Business.
Word Cloud - ―Little Book of BIG Innovation Ideas’ by Steve Shapiro
Integration In Action: Traveler UpdateConnections with expert sources in one convenient place
Yahoo
FAA
Orbitz Team
Weather.com
Mobile: Search – Book – Travel
Balancing the Fundamentals
Company Traveler
Co
nn
ecte
dn
ess
Program Management
Partner
Live Q&A Send your questions now!
Susan SteinbrinkPhoCusWright Inc.
Gregg BrockwayTripIt, Inc.
Anne Marie RazzaOrbitz for Business
Thank You!Orbitz for Business
www.orbitzforbusiness.com
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