Analytics and ancillaries to fix the sharing economy
Aravind Ramachandran

Analytics and ancillaries to fix the sharing economy

​ Alternative lodging platforms (such as AirBnB ) are essentially enablers of the sharing economy, because they successfully solve what economists call the two sided platform problem. In this context, people willing to let out their home/room as well as people seeking such lodging must be brought together and simultaneously utilize the platform for it to have any relevance in the market. If any one side is missing or reluctant, then the transaction cannot happen – either the host's room will lie vacant, or the potential lodger will go without a roof above his/her head! But that isn't the whole...
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Repeat business vs Reviews: Which do you trust when choosing a hotel room?
Aravind Ramachandran

Repeat business vs Reviews: Which do you trust when choosing a hotel room?

Every traveler who ends up in a bad hotel room (and is surprised by it) is a victim – a victim of an imperfectly functioning marketplace. Ponder what goes into such a flawed transaction that destroys the customer experience that is so valuable in the hospitality industry. The vendor (hotel) sets a price that assures an appropriate (or higher) return for its capital and operating costs He/she realizes that the actual room won't sell enough for the price he/she seeks Some analysis is done about the demand for room quality that matches that price Substitute visuals (usually stock images, or even ...
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Can we think past the ‘ban’? An ancillaries approach
Aravind Ramachandran

Can we think past the ‘ban’? An ancillaries approach

​ The dynamics of air travel are changing – drastically and rapidly. Recent policy decisions in the interest of passenger security have far reaching consequences in terms of convenience, especially when it comes to business travelers. The simplest way to describe the new policy, which is applicable for flights originating from the Middle East and North Africa regions and heading to the United States or United Kingdom , is that laptop computers and tablets (with screen size of 16 cm or more) will no longer be allowed in cabin baggage. However, they can be carried in checked baggage. In a sense,...
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Distributed, scalable airports: Shorter drives, fewer missed flights
Aravind Ramachandran

Distributed, scalable airports: Shorter drives, fewer missed flights

 As a city grows – in terms of population as well as the resulting trade volumes – it will lead to more demand for air travel and allied services. In 2015 alone, the world population grew by 86.84 million . The number of registered carrier departures around the world increased by 36% in the 2005-15 decade, which is thrice the rate of population growth as per World Bank estimates. The Centre for Economics and Business Research, a London-based consultancy, estimates the cost of congestion in England, France, Germany and the US to be around $200 billion in 2013 alone. It is predicted that th...
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Recent Comments
Aravind Ramachandran
Certainly. Where would such a rail link start from? There has to be some node for such a system to originate from, and that is whe... Read More
Thursday, 20 April 2017 16:25
Decision making for travelers: Are machines up to it?
Aravind Ramachandran

Decision making for travelers: Are machines up to it?

An interesting result from a recent McKinsey Global Institute study suggests that a typical business leader spends 25% of his/her time on gathering/analyzing inputs for decision making such as reports and data - a task that can be automated using currently available technology. Yet, a large part of the value addition by the machine is in processing large quantities of information and distilling it down to what's important, rather than taking an actual decision and being accountable for it. To illustrate, a typical traveler must find answers to these questions (among others) to make his/her tri...
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