Because Travel Is Personal
Gadi Bashvitz
November 2013

www.OLSE

YOU ARE OLSET

gadi@OLS
Hudson Crossing
Research Feb 2013

OLSET – Proprietary & Confidential
The Opportunity
For Travelers & Online Travel Agents
78% of travelers who come to the site with an
intent to book do not c...
Reviews Are The #1 Driver
For Bookings

Price
173
(45.2%)

Reviews
312
(80.6%)

August 27, 2013 - Kelly A McGuire, PhD, Br...
The Current Mobile Experience
is Painful
Proactive Booking Via Virtual Assistant (Any.Do)
OLSET Categorizes Millions of
Traveler Sentiments

OLSET – Proprietary & Confidential
OLSET Tech Talk
Traveler

Inventory

Travel
History

Attributes
& Price

Boundary
Conditions

Travel
Sentiment

Attribute
...
Go To Market
Online
Travel
Agents

Virtual
Assistant
Apps

We make an average of $11 for every
night booked
OLSET – Propri...
OLSET In The News
Recent Large Exits in
Travel
Company
Acquisition $$
Acquirer
$2.1Bn

Priceline

$700Mn

Google

$3Bn

IPO

$121Mn

Concur
...
YOU ARE
OLSET
Gad Bashvitz
Co-Founder & CEO
E: gadi@olset.com
P: 631.897.9827

570 Beale St. San Francisco, CA
www.OLSE

g...
OLSET presentation at mef nov 2013
OLSET presentation at mef nov 2013
OLSET presentation at mef nov 2013
Upcoming SlideShare
Loading in …5
×

OLSET presentation at mef nov 2013

391 views

Published on

Travel automation & personalization presented at the MEF global forum.

Published in: Technology, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
391
On SlideShare
0
From Embeds
0
Number of Embeds
6
Actions
Shares
0
Downloads
6
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • What is OlSet?Why should you care?- Real problem- Huge market - Clear revenue modelWhy are we the right team to do this?Now that we agree on all the points above let’s look at the Application in more detailThere are other ways to make moneyBut before we make money we need to get travelers on board so let’s talk about traveler acquisition
  • Total nights booked in 2017 is still less than 8% of current Priceline nights booked per yearAssumed growth rate is 50% of AirBNB growth rate
  • OLSET presentation at mef nov 2013

    1. 1. Because Travel Is Personal Gadi Bashvitz November 2013 www.OLSE YOU ARE OLSET gadi@OLS
    2. 2. Hudson Crossing Research Feb 2013 OLSET – Proprietary & Confidential
    3. 3. The Opportunity For Travelers & Online Travel Agents 78% of travelers who come to the site with an intent to book do not complete a booking Google Research Jan 2013 In 2012 25% of travel booking searches were on mobile devices OLSET – Proprietary & Confidential
    4. 4. Reviews Are The #1 Driver For Bookings Price 173 (45.2%) Reviews 312 (80.6%) August 27, 2013 - Kelly A McGuire, PhD, Breffni M. Noone, PhD.
    5. 5. The Current Mobile Experience is Painful
    6. 6. Proactive Booking Via Virtual Assistant (Any.Do)
    7. 7. OLSET Categorizes Millions of Traveler Sentiments OLSET – Proprietary & Confidential
    8. 8. OLSET Tech Talk Traveler Inventory Travel History Attributes & Price Boundary Conditions Travel Sentiment Attribute Sentiment Sensitivity Amazon EC2 Mongo Match Mahout Patented Process, technology & algorithm Patent
    9. 9. Go To Market Online Travel Agents Virtual Assistant Apps We make an average of $11 for every night booked OLSET – Proprietary & Confidential
    10. 10. OLSET In The News
    11. 11. Recent Large Exits in Travel Company Acquisition $$ Acquirer $2.1Bn Priceline $700Mn Google $3Bn IPO $121Mn Concur $115Mn Microsoft Average acquisition multiplier = X8 revenue OLSET – Proprietary & Confidential
    12. 12. YOU ARE OLSET Gad Bashvitz Co-Founder & CEO E: gadi@olset.com P: 631.897.9827 570 Beale St. San Francisco, CA www.OLSE gadi@OLS

    ×