A few days/weeks ago I shared on my Twitter account this article about Mystifly...
If you don’t feel like reading the article (which I strongly recommend!) Here’s a summary… In a nutshell, cross-selling is a good way to increase revenues (and profits, I Touristologistly add!), Airlines practice this selling flights and hotels. So, you can do the same: sell hotels and flights! Mystifly’s APIs allow hoteliers to offer their customers the possibility to make a flight reservation. How is that possible? Does the word “syndication” ring a bell to you?
Eager to learn more? Let’s see this video from Mystifly itself:
In this video the target were travel agents. Now, they are targeting Hoteliers. When I read the article I said to myself, “Hmmm… hoteliers giving support to the customers in the airline company? Using APIs? I have to write a post about that!
As you know, I love mixing together Touristology and Web-Engineering and this is an excellent case in point.
After the tweet, I got some responses..
“Jordi, I’m an hotelier! Why on earth do I have to sell airline tickets?” My answer? Let me clarify this once and for all… your business it is not ONLY to sell rooms, food and beverage and meeting spaces. Your business is to satisfy your customer, providing what they need, when they need it, in the way they need it! In this way, the tourists will choose you, as THE accommodation provider, OR even better, as my-trusted-partner-in-all-I-need-during-this-trip. On the other hand, you will increase your profits. This is what Yield/Revenue Management is all about!!!
I got another one.... “What? This is NOT Revenue Management? I have been a Revenue Manager for X-years and I never did that.” My answer? Have you been a Revenue Manager for X-years or have you repeated the same year X times?
OK, Jordi stop talking with the past and start talking with the future:.... YOU!!!
Do you have some ideas about how to use Mystifly APIs in an intelligent way (so, the Touristology way, of course!!!)
Can you use the Web 2.0 Business Model?
By the way, do you think that it is possible to connect this post with this one? Where we talked about Beacons, IoT, smart cities, smart chains of value…
Do you think that the web 3.0 principles (integration and synchronization) are beginning to materialize in the tourism sector? It is a great moment to be a Touristologist!!!!
Applications like this (I am sure that, in the near future, hundreds of them will appear) will help to set up chains of value giving support to the tourist from the beginning to the end of the trip. Something, that I strongly believe is the future of the Tourism sector (together with the evolution of specialized tourism and the emphasis on group creation).
Do you realize (as usual) that this enterprise is focused on low price? Can you add something to the business model? Can you think of a way to improve it?
If not you... WHO? If not now... WHEN?
WHO IS THE BEST MIND WORKING IN THE BEST SECTOR EVER???