Showing posts with label travel discovery inspiration. Show all posts
Showing posts with label travel discovery inspiration. Show all posts

Monday, November 16, 2009

Interview with Joobili boss Jared Salter - Part 2 - timed search, refinement and turnips

This is part 2 of my interview with Jared Salter, CEO of time based travel discovery and inspiration company Joobili (pictured here to the right of Joobili Co-founder Tamas Gabor). In Part 1 we discussed the founding of the company including raising money in Budapest with just a powerpoint presentation. In this part Jared and I talk functionality, discovery and inspiration online and turnips.

BOOT: Your site starts of with a time based search rather than destination based search. You need a lot of data to provide consumers with information on every event and activity around the world. Where do you get the data from and how do you plan to get more?

Jared from Joobili: We started off by creating it in house with a team of writers scouring the web, collecting events and writing up. We needed to do this to get us started, however clearly there is a scalability issue with approach. Now we are partnering with local tourism offices to access their content. In this area there is a big advantage is being in Europe. We now have deals with 12 or13 European national tourist offices, 25 regional tourism boards and 75 plus local promoters. They have joined us Joobili pro members. We give them a back end to upload and manage events.

BOOT: Where are you in the evolution of the product?

Jared from Joobili: Very early. We only became visible to Google in the last month as we were so focused on the front end. I am not worried about this as I feel this is pretty common with start ups.

BOOT: A challenge with a discovery and inspiration site is to decide how to balance up front searching and refinement. How much to you request from the consumer before a search is conducted versus how much to you move the consumer information collection to the post search refinement stage. I could not help but notice that in a random search I have just conducted for Nov 11-18, the number one recommended event is the Raben-Chilibi Turnip Festival in Richterswil Switzerland. Clearly I will need to refine this search for there to be valuable information (not that I have anything against the Swiss or Turnips). How did you balance asking for information upfront versus refinement?

Jared from Joobili: It was a big internal debate and am not sure we have found the answer yet. We made the decision to err on the side of simplicity by having only a date search at the beginning. You might seem more filters on the front page in later versions but for launch we erred on simplicity with just time search up-front.

We will need a much need larger content base before pushing the filter angle and profiling. Paraphrasing TripAdvisor’s Marc Charron– when it comes to profiling “rather than figuring out who you are, it is about figuring out when you are”. Completely agree with your EveryYou idea. We are saying to the customer – “tell us when you are and then filter who you are”.

BOOT: Another challenge for a discovery and inspiration site is building customer loyalty. Getting the customer to use the product more than once. How have you through about the challenge of customer retention?

Jared from Joobili: According to Google, the online travel research process is 29 days from inspiration to book. Therefore we are planning to introduce a save search parameter. We know you want to go on holiday on a certain date – so we will let you save that search. We can then provide email notification any time a new event is added to the database. Or eventually build a recommendation engine based on that search parameter.

The next part will be integrating price into the results through partnerships with other sites. One other trend is that price is no longer the sole motivator as discounting becomes permanent. For example we have been working with Wizz air [Low cost carrier in Europe]. They offer a 50 euro flight to Rome. It is always 50 Euro. There is not longer an urgency around the discount or low price because they always a low price. Therefore Wizz need to match the cheap flight with time sensitive inspiration to build in a sense of urgency. Price is an extremely motivator for travel behaviour but it is becoming not enough to drive urgency in consumer behaviour.

BOOT: What else in online travel has you excited?

Jared from Joobili: I am so focused on the discovery space that I have not thought about other areas. Everyone is talking mobile and Augmented Reality which is going to going to be great and interesting. But there are fundamental issues with online travel that we have not yet figured out and discovery is one of them

BOOT: How radical do you think the change will be in how we search and book travel online? Are the big four Online Travel Agents facing the same sort of radical change and industry shift that the offline agents faced in the 1990s and if they are not careful the OTAs could be in real danger?

Jarend from Joobili This period of change is not exactly the same [as the 1990s early 2000s were for offline]. The big OTAs will not be the innovators in the industry but have such a controlling part of the pie. Joobili can innovate the discovery process but need the big guys to make the booking. We hope we generate more interest in the discovery stage.

This will be more than just about content – as consumers have to know what you are searching for. All of these sites are throwing in content for SEO benefits but still asking consumer to type in what they want. Is not about the content it is the interface or experience to help the consumer to discover something new.

My take and summary

I enjoyed this chat with Jared. Not least of which because it was good to get a European perspective on the travel discovery market. Joobili is still in seed stage so we need to be a little bit forgiving on the “turnip” result but it highlights that there is a lot of data collection and back end refinement/recommendation work that Joobili needs to do before the product is ready for any dramatic marketing investment. I think Jared knows this. For more on the challenges in starting a content company see my 3 rules for starting a UGC business.

Part 1 of the interview is here.

Sunday, November 8, 2009

Interview with Joobili boss Jared Salter - Part 1 - rasing money in Europe

While the fees, sales and my promo is bigger than your promo claims that are the battle of the OTAs in the US has ramifications for the state of the industry going into the second decade of the 21st century, I continue to be most excited by the innovation coming out of travel discovery and inspiration sites. Sites set up to help customers answer the open-ended question “where do I go next”. A question that is only now being asked of the online travel industry on Google, Twitter, Facebook and elsewhere. The sites that are at the forefront of data analysis and projections in line with my EveryYou concept of using the technology and social transformation in front of us to develop a specific and targeted recommendation of one based on the unique combination of desires, needs and interests of each individual at any moment in time.

I have already done a number of profiles in this area including one of the Budapest based Joobili (pronounced Jubilee). Now I have had a chance to spend time over skype with Jared Salter the founder and CEO of Joobili to hear about his experiences in founding a online travel company in Europe, on time based travel inspiration, on the balance between pre search information requesting and post search refinement and the rights and wrongs of attending a Swiss turnip festival.

In short Joobili is a time based travel search, discovery and inspiration engine. At the entry screen you select the date range you are interesting in travelling on and Joobili replies with a list of festivals, activities, events and time based entertainment that are on during that time period. Options for refinement are then presented to help narrow down the list to a short list of trips. Joobili starts with the question “when do you want to go?” rather the standard OTA question “where do you want to go?”.

As with other interviews, this is best suited to a two part blog post. In the first part we will talk about the set up of the company especially raising money in and running a business from Europe. Then in part two I will share our discussions on the functionality of Joobili and the travel and inspiration market/industry.

The interesting summary of part one of this interview is that Jared and his partner Tamas Gabor managed to raise seed money for an Eastern European based company without a prototype. They had a business plan and powerpoint that so impressed or struck the Swiss born Esther Dyson that she gave money without a working site and despite the possible challenges of monitoring a business off the beaten track (VC wise).

BOOT: Where did the idea come from? Do you have a history in tech or travel?

Jared from Joobili: I moved to Budapest from a corporate job in San Francisco to do an MBA. There I met my co-founder of Joobili Tamas Gabor. It was his idea to look at calendar based travels. Other sites start with the destination. We spent the first few months scouring the internet but could not find anyone doing calendar search. We built the initial business case during the MBA. The product took off when we secured funding.

BOOT: At what point did you decided to seek funding? Had you built a proto-type yet or did you manage to get funding off the back of a powerpoint deck and business plan?

Jared from Joobili: It is different for each entrepreneur but as neither of us had a tech background we had to raise money with just a business plan. Which was tough. But we needed money to build a beta site.

BOOT: Europe is not famous for lending money on a ppt only. Traditionally Euro VCs want to see something built, if fact more often than not they are looking for series B work. Did you have to go to America to get angel funding with nothing built.

Jared from Joobili: Yes Had been going after a lot of different Euro investors and VCs. We were lucky that Ester Dyson (investor in Orbitz, Flickr, Delicious, Dopplr and more) was coming to Budapest as part of some Euro boards that she was on. We got a meeting with her to show her our detailed plans and forecasts. It ended up being just a one hour but she committed. “This is something that belongs on the web” was her quote.

BOOT: Budapest is not the first place that springs to mind when I think of online travel and tech innovation. What has it been like trying to run a business from Budapest?

Jared from Joobili: From a standpoint of travel and start up it is a bad thing- as you miss out on the networking opportunities. So we do frequent trips to London. Last September we were involved in Seedcamp – one of only two travel companies. This month I will be at WTM so we get out as much as we can. That said there is a reason we started here and I would do it again. It is very cost efficient to develop technology here. There are some talented developers in Budapest. Given the amount of seed capital we raised, we would never able to build this business in San Francisco or London.

BOOT: Are you looking for more funding?

Jared from Joobili Fair to say that any start-up is always on the hunt for more money to develop new features. The list of features we want to build is longer than we can afford. And this is a tough market, especially for the discovery part of travel as it is the least tapped space of the travel process.

In part two we will talk about the Joobili business model and travel discovery and inspiration business.

Update - here is part 2

Wednesday, June 10, 2009

Tripbase CEO Reuven Levitt Interview Part 2 - tips for start-ups raising funds

This is Part 2 in my notes from an interview with Tripbase CEO Reuven Levitt. Part 1 was a review of the product and a discussion of the business of travel inspiration and discovery.

In this part I will share with you some of the interesting insights and comments from Levitt on this experiences in raising funding in the Valley. The trigger for the interview series was Tripbase securing $2 million in series A funding.

Tripbase is not the first time the Levitt has raised money for start-ups. In his last venture he raised $12 million through the "usual" VC routes. I asked him what advice he would have for other start-ups looking for cash. Here are his top three tips:
  1. Build a prototype before you do anything else: To attract the two key elements to success (people and money) a start-up needs to build a proof of concept as quickly as possible. The fastest way to do that is to use open source technologies. It is very important to get "30%-50% of the way" to a product before looking for money. Levitt says that a lot of start ups hold back on doing a fast build of a prototype for fear that they will be copied. Levitt's view is that copying is not the area to worry about. He says there is more of a risk in going slow and hidden rather than fast and a little more open.
  2. Bootstrapping is critical: Levitt could not over emphasise the importance of being tight with money as a start-up. The phrase he used regularly was "focus on spend". Putting this another way "Start ups do not tcome out of luxury. Investors need to see hunger."; and
  3. Start-ups often look for funding in the wrong places: Levitt believes that "private people with deep pockets" are the best places to look for funding, rather than VCs. On location, there is "no comparison to being in the Valley" because "by sheer numbers you will meet people". The only draw back of the Valley is that "it is very competitive...lots of people competing for money...lots of options on where to invest".
Any other tips out there from other entrepreneurs? While writing up these notes I was also reminded of a post from Jeremy Liew of Valley VC group Lightspeed Ventures on Five things start ups must spend their money on.

Wednesday, June 3, 2009

Tripbase CEO Reuven Levitt Interview Part 1 - travel discovery, the travel genome and the magic of the slider

Am loving the recent run of interviews that I have been doing especially in the travel discovery and inspiration space. I have finally had a chance to write up my notes of an interview with Reuven Levitt of inspiration start up Tripbase. The interview and story came in part from my series of posts on the travel discovery and inspiration companies and part because Tripbase has just closed a round of series A funding, securing $2 million from private investors. I am going am going to do two posts on the interview. This first one will be on the company and the market. In part two I will share our discussion on start up fund raising.

What is Tripbase?

We have been talking on the BOOT about the different approaches that companies are choosing for generating recommendations. There is the criteria based selection process of Triporati, the event based selection of Joobili and the deal/price hunting approach of Voyij.

In Tripbase's case they have tried to distil trip recommendations critera to just five parameters - Nightlife, Dining, Shopping, Nature and Attractions. A search is then based on selecting your starting point (ie location), dates and (through using sliders) the relative positives and negatives of preferences the traveller has on each of the five parameters. For example I searched for a Spring (October) holiday from Sydney for a family of four with the following slider preferences hoping to reflect a "family" perspective (picture)


The initial recommendations in order were: Auckland, Brisbane, Canberra, Tokyo and Melbourne. [What is interesting about that is that the next trip I have booked for the family (Easter next year) is to the South Island of New Zealand].

Search results are one thing but it is the refinement that is critical for recommendations. There is a need for a balance - enough to allow the consumer to find what they want but not too much to be overwhelming. The main refinement available from Tripbase are budget, weather and continent (Levitt is promising more).

Here are the results (picture)



I like the idea of the price refinement. That said, I moved the value slider a lot and did not get presented with a much greater variety of recommendations.

Where did they idea come from, where does the data come from?

Levitt and the rest of the Tripbase team came to the travel recommendation area not from a travel background but from a history of computational biology and building recommendation engines in the biochemistry field. This led him to attempt to build a generic recommendation engine and commence work on taking that engine and modifying it for travel. As he described it to me Tripbase is made up of two components rather than one. The first is the data centre and information collection mechanism. The second is the Tripbase website itself which sits above the data centre, providing and interface for customers to access the information.

They call the data centre the Travel Genome Project (not to be confused with Triporati's Vacation Genome Project). Levitt is claiming the TGP indexes and scrapes over 3,000 websites and therefore up to 22 million reviews. As Levitt put it "we use artificial intelligence techniques to make "sense" of a destination" drawn from the huge number of data sources being scraped and searched. So while Triporati is using technology and people/editors hand in hand to determine the results, Tripbase is relying on computational data analysis to sort through the overwhelming amount of data available - including the need to estimate prices and costs.

Thoughts on the market and monetisation

He has plans for both elements of the product and there are clients for both. At this stage the plans for Tripbase are further distribution and customer experience refinement (ie general competition in the discovery and inspiration space). For the Travel Genome Project plans, he was keeping his cards close to his chest, not giving away too much. If it is true that he has with this product a unique (or near unique) way of indexing destination information then he has a powerful tool for distribution through partners. But was not sharing a plan as to how he would take advantage.

Tripbase are not yet focused on monetisation and are in no rush. Levitt says he is not under revenue pressure yet and he wants to get the product right first. He contrasts this to the Big Four (Expedia, Orbitz, Travelocity and Priceline) who he saw as struggling to innovate and grow because they are, as Levitt put it, "struggling to focus on costs and spend marketing money while trying to cut back on fees and keep the business growing"

My Take

The basis of the product is an automated way of indexing enormous amounts of travel data through algorithms that link descriptive data, price data and sorting criteria. Very interesting. But there is still much to do before the product is a hit. While the search process is easy, I found that the refinement process did not produce the variety of options that I would have expected. The search process was much less complicated than Triporati but the results from Triporati were more creative, unexpected and intriguing. That said, it is hard to say which recommendation I would actually be more likely to act on- the creative unexpected one (Triporati) or the proven more anticipated on (Tripbase). Also I liked the the "cost per day" and average hotel and flight cost information provided with each recommendation. The price estimations seemed very accurate (as far as I could tell) and varied with time of year/season.

Monetisation will be a challenge but not an impossible one. As Levitt admitted the travel inspiration business is a "distance away" from purchasing behaviour and therefore will take time to target to advertisers.

In summary the product has made a great start. Some challenges to overcome but I am definitely seeing some a very entertaining and competitive battle starting to emerge between the different discovery and inspiration players. Do you have any thoughts on this space and the emerging battle lines?

Update - part 2 of interview here

Monday, May 18, 2009

Voyij - Sidestep founders and staff re-enter the meta-search war with a discovery and inspiration twist

One of the first things you learn as a lawyer when doing mergers & acquisitions work is the importance of the non-compete clause, especially the term of the non-compete. That is the restrictions you place on the people selling a company from walking out the door with "your" money, their knowledge and immediately setting up the same or similar business elsewhere. There is not a legal standard for a time period for a non-compete after a sale as it depends on the amount of money paid, the geographies involved and more. That said you would expect any major deal to come with a minimum two year non-compete. One year is possible but for acquisitions of a decent size you would expect to see at least a two year restriction on shareholder/owner managers (ie not "regular" staff, just those with a substantive stake in the business) .

Why am I giving you this little trip down memory lane to my days as a lawyer (even though I have admitted that every now and then I miss being one)? Because in late December 2007 the online travel industry was "rocked" by the meta-search equivalent of Pepsi buying Coke with the announcement of Kayak Buying Sidestep for $200mm. It was pitched as a merger but quickly became clear that the Sidestep brand would disappear and much of the Sidestep management would move on (see my post deal interview with Kayak VP comm Kellie Pelletier for more).

Now some 15 months after the Sidestep sale (ie outside of 1 year but within the typical 2 years) I have come across an announcement that a number of ex-Sidesteppers are back in the travel meta-search business with the launch of Voyij.com (pronounced "Voyage" and much cheaper than trying to buy the inactive but clearly for sale Voyage.com).

The press release (care of Business Wire) dates the launch of Voyij as 13 May 2009 and is heavy in linking the likely success of Voyij to the Sidestep pedigree of the founders and staff. According to the Voyij blog work on the product started as far back as March 2008 (ie just after the acquisition). Listed on the Voyij website as founders are Sidestep co-founder Brent Stewart (Voyij CEO), Sidestep Software Architect Nick Atkins (Voyij CTO) and Sidestep UI engineer Paul Kim.

Former Sidestep CEO Rob Solomon is quoted in the press release saying some glowing words but is not listed in the About us section as being either a founder or on the advisory board. To be clear I have no information either way on the post acquisition obligations of anybody but love the idea of seeing former employees of a target company build something to battle back against an acquirer.

Post Sidestep machinations aside, Voyij are coming at meta-search from a different angle to Kayak/Sidestep. I am tempted to describe their approach as a mixture between meta-search and the travel discovery and inspiration sites that we have been discussing so much here at the BOOT. Whereas your typical meta-search business asks you to type in a To/From combination and produces a set of results, Voyij ask for your departure point and an indication as to when you are prepared to leave. It then recommends both deals and destinations. For example selecting SFO as a departure point selected "beyond August" as the departure date recommend flights to Long Beach as being the cheapest options. For Vacation deals the top recommendations were Southwest Vacations deals in Oakland and Las Vegas.

True to their Sidestep origins the Voyij UI design team have produced a well laid out site for refining the sort order by date, price, destination, facilities and more. However the discovering and inspiration pieces are much weaker than the dedicated players that I have looked at such as Triporati (interview with founder here) and Tripbase (interview with founder coming soon). The meta-search part is seamless and attractive but they will need to develop a lot more depth in the recommendation part other than simply selecting the nearest and cheapest option otherwise they will limit their market to nearby weekend get-aways.

Final world - the name is going to hurt them. In typing this post I must have misspelt the name more times that I got it right, even though it should be phonetically easy to remember. Similarly messed up the URL a few times (thankfully without unintended and unsafe at work consequences).

Let's all welcome the team from Voyij back to the meta-search war front.

PS - Dennis Schaal has some interesting thoughts on the Voyjig functionality and the perils of screen scraping here on his post here.

Sunday, May 3, 2009

Swine Flu, Triporati and how to recommend alternatives

I am very much a Swine Flu sceptic. I am not a swine Flu denier - clearly it is a dangerous strain of the flu. Rather I believe that there is too much fear going around compared to the fatality rate. Wikipedia is reporting a suspected 101 fatalities to date. While that is terrible for those impacted, we need to take the number, risks and world response into perspective compared to the numbers that die each year in South East Asia from Malaria and in Southern Africa from HIV/AIDS. Some of the responses have been so wildly out of proportion that they defy belief. For example, serious debates were starting in Sydney last week as to how much food we should stockpiling, doctors were reporting people under the flight path worried that they could be picking up the illness from incoming passengers, in Egypt mass pig slaughters are ensuing. All of which is clearly ridiculous.

Aside from the realities for the flu versus the “pandemic panic”, it is clear that there will be a negative impact on Mexico as a travel destination. The combination of the Pandemic Panic with the Decapitation Dread of the drug war and Kidnapping Kaos from travellers being snatched from beaches has caused mass cancellations for bookings to Mexico. I am reminded of the huge reduction in visitors to Hong Kong and Macau during the dark days of SARS in 2003.

Most of the OTAs have responded by building dedicated pages for customers on the site and support staff within their customer care centres (here is the Orbitz page, here is the Travelocity page). Most are also waiving cancellation fees.

While consumers are rushing to cancel trips, they are also looking for alternatives – which feed very neatly into the recent stories on the BOOT over travel discovery and inspiration. Travel inspiration engine Triporati have built a series of pages around the concept of MexicoAlternatives.com.

When a customer goes to this site they can click on the destination in Mexico they were intending to travel to and Triporati’s pages (fed by people and technology) recommend alternatives – by region. For example the top pick alternatives for Acapulco they recommend Fort Lauderdale, Cartegena Columbia, the British Virgin Islands, Mykonos is Greece, Boracay in the Philippines, Durban Coast in Sth Africa, and good old banana bending Queensland.

I like this idea and see it is a good use of Triporati style content to respond to a traveller need. The challenge will be getting the resulting organic traffic. I see the Triporati site rating at number 4 to “Mexico Alternatives” on Google but not on the first page of “alternatives to mexico” (your Google results may vary). Full Triporati press release here.

gracias Esparta for the photo on Flickr

Wednesday, April 15, 2009

Triporati - Jim Hornthal interview

A new theme for the BOOT has been working on classifying and and analysing the different travel content, planning, community and search sites. Last month I started off this work through a review of Triporati (and drawing a comparison to my favourite non-travel web product Last.fm). This month I was able to continue my investigation into the sector via an interview with Triporati Chairman Jim Hornthal. We cover areas such as the business model, UGC vs editorial, the company and more.

Business Model

Hornthal was clear that Triporati's main distribution and monetisation push will be around working with partners. I have been hearing this again and again with content/planning/community sites. Most recently in my review of TripIt and before that in an interview with TripSay Board Member Alfonso Castellano. The rationale behind this is clear and makes sense to me. The battle for traffic from Google (either paid or organic) is either too expensive for a travel planning/inspiration site (in the case of paid) or not the core competency (in the case of organic). Better to take a great travel planning/inspiration product and add it to other high trafficked travel sites that are focused purely on booking or content (or both).

One of Triporati's first major deals here is with the triple A (Automotive club) network of sites. There are multiple link offs from the base AAA.com site and Triporati hosts the final landing page (here is the AAA Carolinas Example). There is lots of bespoke work for each deployment as it needs the media spaces from AAA, the booking widgets from AAA and trip options from Triporati are redefined for the partner. In effect AAA is the media partner and Triporati plays the content and technology role. Hornthal is particularly happy with AAA as a partner as AAA brings a offline presence as well as online. At the start 250 aaa travel agents are using Triporati to provide the expertise that is taken away from offline agents as the fam trip continues to disappear into the travel industry history books.

On the revenue side, because of the bespoke set up work Triporati is charging a set up fee, monthly fee tied to traffic as well as the obligatory ad share. I am impressed that Triporati is generating upfront payments from partners as this is not a normal practice in online travel where affiliates are used to a rev share only way of life.

[there is also a test version with TripAdvisor from a a email engagement plan]

On Editorial versus UGC

I have blogged before about how content companies need to find a balance between editorial content and UGC. Too much editorial and you risk not being up to date because editors cannot be in as many places as often as the masses out there. Too much UGC and you end up with the masses going off topic and insulting each other.

Hornthal's view on this balance is to have Triporati's technology and their editors as the discovery engine and then the crowd as a validation engine. Is clear to Triporati that you need to link the two parts but also need to keep them separate. I agree with this approach. Hornthal also put it like this "know where the right answer is not what the right answer is".

On the Triporati Company Background

I alluded in last month's post on Triporati to the pedigree behind Triporati - with Triporati founders Hornthal and Sharlene Wang being behind Preview Travel. The Triporati Board is also packed full of high profile names - Tim Draper (of Draper Fisher Jurvetson), Ted Leonsis (former Vice Chairman of AOL), David Patrick (Charles Schwab), Ron Conway (Google angle investor). Impressive.

My take

I get this space. I am very excited about this space. Triporati well placed to take the lead and own it. The product looks good, they have money and a Board stacked full of experience. The only but is that Triporati takes the Vacation Genome approach as the starting point (much like Pandora in music) rather than the user based recommendation editorial control (much like Last.fm in music - see earlier post if you want this explained further). This does not mean I will bet against Triporati as all the pieces are there, the approach is right and I don't see the genome over crowd approach as a fatal flaw. Triporati is the site and business that competitors TourDust, Geckogo, Joobili, TripBase, TravelMuse are behind and have to chase. [have already written a post on Joobili - more on the others soon].

Seems like I am being too nice. Second positive review in a row (TripIt earlier this week). Am determined to find someone to be nasty about next week.

Tuesday, March 24, 2009

Travel Discovery : Joobili raises money and targets Discovery & Inspriation

alarm:clock are reporting that Budapest based online travel start-up Joobili has raised some funds from Esther Dyson and Hamu & Gyemant (not sure who they are as in Hungarian). Caught my attention for two reasons. Firstly I am always drawn to online travel start-ups with cash, particularly during the Global F'n Crisis. Second because of the timing of this announcement. Joobili (pronounced "jubilee") are in the Travel discovery & inspiration category. Just last week I wrote a detailed post on this category as part of a profile of Triporati. Just yesterday I interviewed Triporati chairman Jim Hornthal (a post of which will be up soon).

Where Triporati came at the discovery & inspiration process through a "vacation genome project", Joobili are targeting "timely travel". One (Triporati) uses the desires of the consumer, matched to the expertise of the content and technology of the engine to recommend destinations. The other (Joobili) uses the dates of planned travel to help identify events that a consumer might want to attend, which then dictates the destination for travel.

In the slider interface on Joobili the consumer selects the date range, hits "inspire me" and then is presented with events and activities which can be refined further. For example I selected 1 July - 21 July 2009 and the first recommendation was the "Benicassim International Fesitval" in Spain. Number two the "Moldejazz festival" in Norway. I like the idea and have seen no one else doing this but think it will only work if the refinement tools are incredible - which means better than they are now. Not sure if it can work with the refinement after the "inspire me" button, not before (site is still in beta). As an Australian based user (and despite my surname) I am unlikely to ever rush off and visit the Llangollen International Musical Eisteddfod in deepest darkest Wales (third choice in my search results). Below is a 2 min video on how the site works.

Don't know much about the founders including CEO Jared Salter and Tamas Gabor. But Jared also runs the company blog and is kind enough to already have the BOOT in his blogroll. Jared - if your out there, tells us more about the company.




PS last minute Google search before pressing publish found that Travolution has also picked up the story.

update Aug 2009 - Travolution have a post "Joobili's design evolution in four screenshots" if you want to see the site design change from private beta to now

Saturday, March 7, 2009

Travel Discovery, Triporati and the music business

Through post commentators and email exchanges with readers I have been thinking about whether or not we should be classifying all the travel content, planning, community and search sites that have emerged in the last year. Classification will help to identify competitor sets, clarify business models and help with predictions as to who will be the winners and losers. Also we need something to differentiate all the companies that have launched since 2006 with the word 'trip' in their name.

The first category I have decided to turn my attention to is "Travel Discovery & Inspiration". These are companies that help with the very first part of trip planning - coming up with the inspiration for where you want to go and what you want to do. That help the potential traveller narrow down a world of opportunities and possibilities into a basket of ideas to be explored and researched further. Another reason I want to start with this category is that I have been thinking about the general area of web supported discovery for some time now.

At WebItTravel 2008 in Singapore last October, Ram
Badrinathan of PhoCusWright asked me to name my three favourite start ups. One of those I highlighted was not a travel company (and is not even a start-up any more). I talked to him about music social network and discovery site last.fm. Last.fm is the best product I know for discovering music. It tracks the music you listen to, then looks around for other last.fm users that listen to the same music. Then it recommends tracks to you that people listen to who like the music you like. In effect it crowd sources music recommendations based on the similarity of your music tastes with others in the network. A great manifestation of this is your ability to listen to a 'neighbours' radio station. A neighbour being someone with similar tastes to yours and their radio station being a collection of their favourite songs.

Last.fm's chief rival, Pandora, has the same aim - helping you discover new music- but instead of using crowd recommendations like last.fm Pandora has teams devoted to the genomics of music (Music Genome Project). That is breaking down a song or artist into the elements or themes ('genes') and matching to artists or songs with similar genomics.

While they approach it in different ways the concept is the same - bringing to the web and technology the power of word of mouth and trusted advice as a tool in pre-purchase discovery.

The applications to travel are clear. Helping consumers to answer questions of "where to go next?" and "help me find somewhere to go" through networking with other consumers or expert fed technology based query engines.

Triporati is a company that has really impressed me in their efforts to undertake a Travel Genome Project and build a query engine for recommending travel destinations. I first came across Triporati at PhoCusWright 2008 in LA where they participated in the Travel Innovation Summit. They made the short list of six (out of thirty two) at that conference as well as being one of my picks for a top six spot.

Triporati was launched by online travel industry founding fathers/mothers Jim Hornthal (Chairman) and Sharlene Wang (Chief Product Officer). I call them that as they were the builders of Preview Travel, who's sale to Travelocity in March 2000 (announced in Oct 1999, closed in Mar 200o) marked the beginning of online travel as a serious economic force (and temporarily consolidated Travelocity's early lead in online travel). Like Pandora did with music Hornthal and Wang have drawn from travel writers and experts to identify 62 elements of choosing a destination. A user selects (and ranks) up to ten of the elements that interest them
and some other data (like home airport and number of travellers). Triporati recommends destination options. For example I chose a number of beach, swimming and snorkelling themes. Recommended for AsiaPac were Fiji, Tahiti and Queensland. For Europe Gran Canaria, Catalonia and the Italian Lakes Region. None of this is surprising but then I know the areas well and generating recommendations on sea, sun and sand is not that challenging. But in regions and search combinations that I am less familiar with I was presented with destinations and travel ideas that were new to me and intriguing. For example, selecting "Wine Tasting", "Zoo" and "Foreign Languages" I was presented with the Cuyo region in Argentina - near the border with Chile - which sounds amazing.

I have been trying to find others in the content/planning model that have followed this Travel Discovery & Inspiration path in using destination idea generation as the means for taking travellers down the trip planning (and therefore eyeball monetisation) path. There are plenty of sites using combinations of editorial and user generated content to provide advice and recommendations on what to do in a (known) destination but I have yet to come across another like Triporati which recommends destinations based on broad traveller . I did come across want2bethere.com in an email exchange last year and in 2007. They claimed to be working on technology that allowed a customer to outline the requirements they were looking for in a trip (through drag and drop), which would then be matched to recommended destinations. Unfortunately their website now seems to be down.

What do you think of my first efforts at classification? Do you know of other companies building discovery engines like Triporati (and last.fm/Pandora in the music world)?

FYI is an interview with Triporati Chairman
Jim Hornthal at PhoCusWright last November.