Showing posts with label #trends. Show all posts
Showing posts with label #trends. Show all posts

Tuesday, 16 February 2016

The role of IT on sharing economy in the tourism sector

“Sharing Economy” is a frequently used expression nowadays, which can be defined as “peer-to-peer-based sharing of access to goods and services”. This new way of consuming is also a major trend within the tourism sector. It was revolutionized by the sharing economy in several ways: hospitality is affected by the sharing of individuals’ lodge; Destination Marketing Organization’s traditional offices and brochures are not enough anymore to provide information… Restaurants, car rentals, travel agencies face a new competition coming from individuals or small companies. But these competitors are not the ones you meet in real life: their growth is strongly linked to the increasing place of IT in business. Social media, websites, online communities gave birth to a whole range of services and new kind of companies which competes the traditional tourism industry.
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Sharing Economy, a globalized and connected world (© Octo Talks blog)
AirBnb is one of the most recognised one. This website provides an international list of individuals lodging, from a villa to a sofa, everywhere around the world. It is a serious competitor of the hospitality industry and in some countries, legal conflicts are opposing them. Airbnb could not have become what it is now without the emergence of internet. Their competitive advantage was their product: untraditional lodging by the inhabitants. But their relation to IT was also one of the reasons of their success: at the beginning, their online presence allowed travellers from all over the world to book different lodging when and where they wanted, contrarily to traditional hotels which were not at this step of development. The hospitality industry catches up thanks to Online Travel Agencies like Booking or Expedia.
Hospitality is not the only sector concerned by the online sharing economy growth. For example, Shutterbee is a website where people can create travel books, where they record their travel tips, recommendations about destinations… This site, like traveller’s blogs or Facebook pages and groups could have endangered Destination Marketing Organizations which were relying more on bureau and brochures than on the emerging internet. But at last they became an example for the DMO which are now most of the time active on Social Media, with complete websites, like Visit Norway or 100% pure New Zealand. They actually took advantages of both sharing economy and IT by involving visitors and locals in the development of the destination. 
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(© Nightswapping blog)
 We assume that what made the success of sharing economy companies may be that they were the first to understand the capital place of IT in consumers’ lives. While traditional tourism companies continued to work as before with premises, providing information through brochures, phone and writing booking, others understood that IT may be the future of business and they launched their concepts with the help of IT. When they became successful, the competition understood that it was time to evolve and join the internet revolution but the sharing-economy was already 3 steps ahead. The apparition of new competitors of another kind seems to have revolutionized the market by endangering traditional tourism industries and thus encouraging them to change their way of doing business.
Sharing economy seems to cause some dangers in matters of security, certifications, leaks of taxes, job uncertainty, lack of qualification… But it is sure that coupled to IT it had an impact on the travellers’ lives and on the whole sector. Thirty years ago, no one would have thought we would organize our holidays through a machine, paying with our credit card without talking to anyone during the process, going to holiday by a car belonging to a stranger, and sleeping in someone else’s bed!
So how do you see the travel industry in 30 years?

Emilie Mika and Agnès Trucco

Sources :

Tuesday, 17 February 2015

Social medias’ good practises for the hospitality industry

The social media plays an essential role in the tourism industry. This graph below shows a clear growing trend of social medias on travelers.


                                          Source: MarketingZ

We may wonder why a such enthusiasm? Is it only an ephemeral or a lasting trend?
In this article, we will highlight two major aspects, discussed by I. Katemliadis in Travel Daily News, that clearly show the significance of the social media in the travel industry. However, we will also investigate more about its legitimacy.

In our ultra-connected era, social medias play a significant role in the tourism industry.
Firstly, it allows tourism specialists to better know their consumers: indeed, thanks to social medias like Facebook, Twitter or TripAdvisor, they can easily identify and understand their consumers’ needs and desires. Travelers post about their experiences and expectations, giving hotels the chance to have a better understanding of them. As such, it also allows a better targeting. However, the author insists that tourism specialists should keep in mind that social media’ users do not constitute the totality of their clientele. The risk here is to forget this other part of their consumers by focusing exclusively on their ultra-connected clientele.

Hotels also need to be aware of the very fast changing trends of social medias. We can here take the example of Facebook which was the most popular social network for the 18-24 age group very recently whereas it is now slightly shrinking in the same group. The 65+ age group has now a bigger growth presence rate than the 18-24 age group. Hotels always have to adapt their way of communication to their targeting customers. Furthermore, the Travel Daily News’ article highlights that Youtube is today an incontournable tool of communication since it has the highest visitation rate. Most of largest hotel groups have now their own Youtube Channel, where they can regularly upload videos about their properties.
                                   Source: Carlson Rezidor Youtube Channel 

Therefore, social medias are a good way to find and collect accurate information about customers. However, this is not the unique way anymore to manage it. Indeed, as mentioned by T. Rokou in Travel Daily News, an artificial intelligence has been recently introduced in the travel industry. Now, “Phil le Voyageur” is able to communicate with travelers, by chatting, and to give theme advices and information.

Furthermore, reputation and company’s image are increasingly managed through social medias. It is significant for the company to find the most appropriate tools for the image that the company wants to give to its clients and potential consumers. The company must take care and keep a close watch on what is written about itself and how it could affect it.
Besides, a recent TripAdvisor survey indicates that responding to comments could be favourable to the company. Positions, such as Community Managers, are now crucial for any kind of companies which want to manage their online reputation. However, it is here important to note that one third of the online reviews are fake. Tourism companies should necessarily work closely with the social medias in order to avoid this practise. Not all the travelers write online reviews: it could be either because they are not familiar with social medias or because their trip was not remarkable. Hotels need to also take into consideration these kinds of travelers. For instance, properties could offer to their guests to fill surveys in their room before their departure in order to have their opinion.
Finally, it is still difficult to distinguish serious issues from benign problems met by consumers and explained in their social media’s reviews. That is why the face to face contact, by phone or by e-mail remains always necessary and beneficial.

Clothilde and Louise

Sources:
http://www.traveldailynews.com/columns/article/51220/social-media-and-the-hotel