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Travel Search Engines
             Polytechnic Institute of NYU
                     SPRING’09
Outline

• 	
  Intro	
  
• 	
  Threats	
  for	
  agents	
  
• 	
  E-­‐commerce	
  
• 	
  SideStep	
  
• 	
  Yahoo!	
  FareChase	
  
• 	
  Conclusion	
  


                                     1 of 13	
  
Intro

• 	
  Old	
  model:	
  Travel	
  agents	
  
• 	
  System	
  used:	
  GDS	
  ,designed	
  by	
  airlines.	
  
• 	
  E-­‐commerce	
  model:	
  	
  First	
  B2B	
  
• 	
  Travel	
  agents’	
  main	
  source:	
  airlines	
  commission	
  
• 	
  Airlines	
  were	
  looking	
  how	
  to	
  reduce	
  payments	
  
• 	
  SoluKon	
  -­‐	
  new	
  channels:	
  Web	
  sites,	
  call	
  centers	
  
• 	
  Benefit:	
  reach	
  travelers	
  directly	
  

                                                                         2 of 13	
  
Traditional Model




                    3 of 13	
  
New Model




            4 of 13	
  
Threats for agents

• DisintermediaKon	
  (airline	
  companies)	
  

• ReintermediaKon	
  (Cybermediaries)	
  
     	
  




                                              5 of 13	
  
E-commerce

• 	
  Products	
  are	
  sold	
  effecKvely	
  over	
  the	
  Web	
  	
  

• 	
  Many	
  travel	
  Web	
  sites	
  were	
  established	
  

• 	
  Examples:	
  Expedia,	
  Travelocity,	
  Sidestep,	
  	
  
Kayak,	
  Farechase	
  and	
  Priceline.	
  


                                                                   6 of 13	
  
What is Metasearch?




                      7 of 13	
  
Top 9 Travel MSS




                   8 of 13	
  
SideStep
• 	
  SideStep	
  -­‐	
  the	
  traveler's	
  search	
  engine	
  

• 	
  Type:	
  Metasearch	
  engine	
  	
  

• 	
  Income:	
  AdverKsing	
  and	
  referral	
  fees	
  

• 	
  Alliances	
  with	
  leading	
  travel	
  marketers	
  


                                                                     9 of 13	
  
SideStep strategy
• 	
  Acquired	
  TripUp	
  
• 	
  Acquired	
  TravelPost	
  
• 	
  The	
  Trips	
  Facebook	
  applicaKon	
  
• 	
  The	
  Extended	
  Info	
  applicaKon	
  
• 	
  SideStep	
  toolbar	
  


                                                   10 of 13	
  
Yahoo! FareChase

• Yahoo!	
  FareChase	
  –	
  online	
  travel	
  search	
  
engine	
  

• Type:	
  Metasearch	
  engine	
  

• The	
  site	
  provides	
  useful	
  search	
  tools	
  



                                                               11 of 13	
  
YFC advantages

• FareChase	
  is	
  the	
  default	
  search	
  engine	
  

• Travelocity	
  booking	
  engine	
  sKll	
  avaliable	
  

• Fourth	
  largest	
  travel	
  aggregator	
  



                                                              12 of 13	
  
Conclusion

•  Get	
  new	
  and	
  save	
  exisKng	
  customers	
  
•  Branding	
  issues	
  
•  ConKnuous	
  improvement	
  




                                                     13 of 13	
  
Thank You!


       Any Questions?

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Travel Search Engines: Comparing SideStep and Yahoo! FareChase

  • 1. Travel Search Engines Polytechnic Institute of NYU SPRING’09
  • 2. Outline •   Intro   •   Threats  for  agents   •   E-­‐commerce   •   SideStep   •   Yahoo!  FareChase   •   Conclusion   1 of 13  
  • 3. Intro •   Old  model:  Travel  agents   •   System  used:  GDS  ,designed  by  airlines.   •   E-­‐commerce  model:    First  B2B   •   Travel  agents’  main  source:  airlines  commission   •   Airlines  were  looking  how  to  reduce  payments   •   SoluKon  -­‐  new  channels:  Web  sites,  call  centers   •   Benefit:  reach  travelers  directly   2 of 13  
  • 4. Traditional Model 3 of 13  
  • 5. New Model 4 of 13  
  • 6. Threats for agents • DisintermediaKon  (airline  companies)   • ReintermediaKon  (Cybermediaries)     5 of 13  
  • 7. E-commerce •   Products  are  sold  effecKvely  over  the  Web     •   Many  travel  Web  sites  were  established   •   Examples:  Expedia,  Travelocity,  Sidestep,     Kayak,  Farechase  and  Priceline.   6 of 13  
  • 8. What is Metasearch? 7 of 13  
  • 9. Top 9 Travel MSS 8 of 13  
  • 10. SideStep •   SideStep  -­‐  the  traveler's  search  engine   •   Type:  Metasearch  engine     •   Income:  AdverKsing  and  referral  fees   •   Alliances  with  leading  travel  marketers   9 of 13  
  • 11. SideStep strategy •   Acquired  TripUp   •   Acquired  TravelPost   •   The  Trips  Facebook  applicaKon   •   The  Extended  Info  applicaKon   •   SideStep  toolbar   10 of 13  
  • 12. Yahoo! FareChase • Yahoo!  FareChase  –  online  travel  search   engine   • Type:  Metasearch  engine   • The  site  provides  useful  search  tools   11 of 13  
  • 13. YFC advantages • FareChase  is  the  default  search  engine   • Travelocity  booking  engine  sKll  avaliable   • Fourth  largest  travel  aggregator   12 of 13  
  • 14. Conclusion •  Get  new  and  save  exisKng  customers   •  Branding  issues   •  ConKnuous  improvement   13 of 13  
  • 15. Thank You! Any Questions?