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This is the archive for September 2006

Innovating by sharing with your customers

This strategy+business article examines the crucial role that a company's customers play in defining innovation and future development.
"Cisco's example may not be typical, but neither is it rare. Procter & Gamble has begun to share some of its computer modeling and market research techniques with Wal-Mart, Tesco, and other distribution channels. This includes the celebrated P&G "moment of truth" research, which tracks consumer attitudes at two critical times: when the product is chosen and when it is used. To be sure, many of P&G's biggest distributors are also rivals that offer their own private labels, so there are risks to sharing this type of proprietary innovation platform with them. But the rewards are even greater: They include ongoing close ties with retailers, who often share their own innovative tools for analyzing (for example) how store layout, shelf space, and signage influence purchase decisions. Together, these manufacturers and retailers can develop a relationship that transcends any particular innovation tool or technique."

The LHW beings global CRS migration

The LHW will be migrating to a new global CRS system later this year. This should give member hotels access to the latest technology while giving the whole group a tech boost. The current toll-free numbers will remain the same, though and travel agents will continue using the "LW" code for GDS bookings.
The Leading Hotels of the World, Ltd. has begun preparation for the massive global migration to a CRS developed by TRUST International, following an extensive evaluation of the current technology and service providers. The cutover is scheduled for November 30, 2006, after which time all member hotels will use the same reservations platform to control all distribution systems and channels managed by The Leading Hotels of the World, Ltd. This state-ofthe-art technology will enhance the competitive position of Leading Hotels, the foremost luxury hotel brand, and will enable each hotel to immediately implement new marketing programs on a global basis.

2006 - Six travel technology trends to watch out for

PhoCusWright analysts present what they see at six important travel tech trends to watch out in 2006. These include:

(1) Electronic Snacking / Increased access to a variety of info snapshots, sound bytes, etc.
(2) Social networking and social media
(3) Dashboards, Data Mining and Dating
(4) The use of alternate distribution channels
(5) Rich media use with increased broadband penetration and
(6) Mapping technologies and services.