{"id":2687,"date":"2018-02-27T15:02:37","date_gmt":"2018-02-27T14:02:37","guid":{"rendered":"http:\/\/twissen.com\/?p=2687\/"},"modified":"2022-01-21T11:32:53","modified_gmt":"2022-01-21T10:32:53","slug":"new-business-models-facing-colossus-travel-players","status":"publish","type":"post","link":"https:\/\/twissen.com\/en\/trends-en\/ota-travel-agencies-to-en\/new-business-models-facing-colossus-travel-players\/","title":{"rendered":"New business models facing colossus travel players"},"content":{"rendered":"<p>The Travel &amp; Tourism industry scenario is changing, with a concentration of companies that, thanks to economic and financial capacity, organisation and innovation (and data) are fighting to gain more and more space, sometimes creating obstacles to independent companies which are entering the market.<\/p>\n<p>We have already described <a href=\"https:\/\/twissen.com\/en\/trends-en\/ota-travel-agencies-to-en\/ctrip-17bn-skyscanner-acquisition-consolidation-and-new-scenarios\/\" target=\"_blank\" rel=\"noopener noreferrer\">two of the possible scenarios foreseen by Amadeus<\/a>, namely the Mega Online Travel Retailers and the Travel Marketplaces, and we have observed that <strong>there is room for new companies if they are focused on a certain segment and\/or if they can count on new business models.<\/strong><\/p>\n<p>The composition of these new business models is becoming an interesting evolving element: who knew, before 2009, that many of us would have rented our house for short periods to strangers through online platforms? Nowadays, the \u201cAirbnb\u201d model feels like a normal thing to us.<\/p>\n<p>For example, the Spanish platform <a href=\"https:\/\/www.vibbo.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Vibbo<\/a> allows to buy airline and train tickets at convenient prices, as they are \u201csecond-hand\u201d, and used to belong to a person who, for any reason, had to give up on his\/her travel.<br \/>\nA very similar concept has been developed by <a href=\"https:\/\/www.pruvo.net\/en-US\" target=\"_blank\" rel=\"noopener noreferrer\">Pruvo<\/a>, which renegotiates the hotel rooms bookings that were cancelled, proposing them to the market at more convenient conditions.<br \/>\nMoreover, an interesting business model is the one of the Italian company called <a href=\"https:\/\/www.daybreakhotels.com\" target=\"_blank\" rel=\"noopener noreferrer\">DayBreakHotels<\/a>, which offers hotel rooms during the daytime, meeting the new consumers\u2019 needs. In fact, this service gives a solution to who is looking for some rest during a stopover or who is looking for some relax during a business trip, or a luxury experience in his\/her own city.<\/p>\n<p>On the occasion of the last BIT held in Milan, we met <a href=\"http:\/\/www.mytakeit.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">My take it<\/a>, which is now at its business start-up stage but which is quickly developing. This startup changed the approach to the booking of a room, as the tourist is now able to state how much he\/she wants to spend and to evaluate the best solution according to his\/her expectations.<\/p>\n<p>At <strong>Twissen <\/strong>we observed that in the Travel &amp; Tourism industry there is still room for innovation, and the success is going to depend on the knowledge of the target-tourist and on a customer-centric approach.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Focalising and innovating can be the key to face the consolidated companies of the Travel &#038; Tourism industry.<\/p>\n","protected":false},"author":2,"featured_media":7082,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[105],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New business models facing colossus travel players | Twissen<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/twissen.com\/en\/trends-en\/ota-travel-agencies-to-en\/new-business-models-facing-colossus-travel-players\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New business models facing colossus travel players | Twissen\" \/>\n<meta property=\"og:description\" content=\"Focalising and innovating can be the key to face the consolidated companies of the Travel &amp; 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