Shaping Global Travel
To disrupt global travel, we first must understand the current ecosystem; it’s pressure points, fragmentation and where technology (matched with customer expectations and growing demand) can be easily introduced to better serve and solve problems.
Overview: problems in travel
Inconvenience
Solutions | Opportunities
Eliminate Middlemen
Close in on Opportunities: Negative & Positive Guest Reviews
Savings from OTA fees used more valuably on Direct Marketing
Eventual reduction of market prices
Essentially, travellers and travel service providers will split billions of dollars that travel middlemen currently take = lower prices for the traveller, higher profits for the service provider
- only a handful of global players extracting Billions from both traveller and Service Provider
- high cost of travel distribution
- too many loyalty, reward and point programs
- poorly managed, with ever changing T&C’s – restrictive, limited, little value
- fragmented travel search and booking
Inconvenience
- searching & booking in-destination experiences is not user-friendly & highly fragmented
- travellers need to visit various websites & apps, incredibly time consuming
- we are spending up to 30+ minutes checking-in to hotels in-person
- guestroom keys malfunction
Solutions | Opportunities
- eliminate costly middlemen
- benefits to Suppliers
- benefits to Travellers
- single, universal reward program
- utility token value appreciation model
- add-on layers of AIRSTAYZ app streamline travel
- skip reception™
- Ⓟ several patents lodged
- mobile digital key room entry
- centralised search and booking
Eliminate Middlemen
- significant reduction of distribution spend
- X% of total revenue is spent on OTA fees annually
- X% of total distribution spend is on OTA fees annually
- through AIRSTAYZ, such fees will be enormously reduced & eventually eliminated, connecting service providers directly to buyers
- benefit to service providers (Hotel, Airlines, etc)
Close in on Opportunities: Negative & Positive Guest Reviews
- guests are rewarded with STAY for answering reviews
- service providers can close in on customer loyalty, owning control of future loyalty. Reconciling a negative comment or upsell with positive, timely action and direct interaction creates long term value with no middlemen to create separation from guest & customer
Savings from OTA fees used more valuably on Direct Marketing
- higher CRM Control
- know your customer better
- interact with customers directly
- accumulate better customer profiling data
- results in more intelligent client targeting
Eventual reduction of market prices
- elimination of various fee layers results in reduced need for service providers to upcharge
- travellers direct access to service providers for questions, reviews, complaints, refunds, etc
- advertisements & promotion more suited to their habits needs & interests
- travel agents can buy inventory directly with negligible intermediary fees
Essentially, travellers and travel service providers will split billions of dollars that travel middlemen currently take = lower prices for the traveller, higher profits for the service provider