The Takeoff Episode 03: Why Team and Culture Matter for Travel Startups Sponsored This content is created collaboratively with one of our sponsors.
The author, travel industry investor John Balen of Canaan Partners, describes the pain of travel booking, a problem that is so well-documented it could become a Big Data project in its own right. So much pain, so little progress.
Not even the very first step of travel planning — the initial booking — is automated. And even still, it’s based on laborious manual research as we scour the Internet and review numerous different options for flights, hotels, rental cars, etc. Can we really trust booking services that tell us we’re getting the lowest possible price? ….
A new study by Amadeus IT Group, “At the Big Data Crossroads: turning towards a smarter travel experience,” is another encouraging sign that innovation is on the way, noting several case studies of hotels and travel services that are stepping up their analytics game. I look forward to the day when I can book a week-long trip to Paris through a travel bot that automatically gives me a window seat, books my hotel and makes a dinner reservation at my favorite restaurant in Montmartre. Big data can get us there.