Hello Travel 2.0-ers,
Our next meetup will feature Martin Lumbye, a former partner and current board of directors member of metasearch engine Momondo (http://www.momondo.com). Momondo is primarily a flight search engine which has some innovative and interesting initiatives in the price comparison space and is attempting to shake things up.
When: Thursday May 2, 2013, 6:30 PM
Where: The Hatchery at 1601 Broadway (entrance on 48th St. northwest corner), 12th floor
Cost: Free entrance and free refreshements
Momondo is a progressive and innovative travel information and technology company, that in the spirit of its design-oriented home city of Copenhagen, Denmark, is as much focused on color and style as it is on functionality. In fact, this meta-search engine, which operates on its own highly sophisticated in-house-created web-crawler technology, has been called “the Disco Queen” of travel search websites, by its competitors.
From its launch in September 2006 as just a flight search engine, with just four people, Momondo has emphasized the importance of aesthetics (a Danish thing) to create a feeling or ambiance. This is because Momondo's philosophy is that travel should be exciting from the moment you begin thinking about where you want to go, what it will cost, and what you want to do. To date, Momondo has: introduced user-generated city guides; become multilingual (21 languages); added hotel, car rental, and vacation (holiday) rental searches to the site; enhanced flight search by incorporating all high-speed rail routes (over 4,000) in Europe and Amtrak in the United States, introduced multi-destination search options, and gone mobile for both iPhone/iPad and Android devices.
Momondo continues to innovate and improve the site's service and functionality both for desktop and mobile platforms. In 2012 it introduced the “Best Fit Convenience Factor,” displaying flight search results according to their dynamically generated quality score between 1 and 10, taking into consideration price, total travel time and other user preferences. This has just been released on mobile as well.
In 2013, Momondo will further enhance and improve itself both on mobile and online. In April, Momondo introduced two new features: Flight Insight, which is intelligent statistical analysis on flight data informing users about the impact of different factors on airfares and Ticket Type Search, which enables users to search for Business Class/First Class/Flexible tickets in addition to Economy tickets. In May, June and July, it will roll-out: a mobile app Price Graph (already on the website) that will give users an overview of fares for nearby dates; Flexible Flight Search on the website, enabling users to search for flights with flexible search criteria, such as departing in a certain month rather than specific date or flying to a certain destination -- country or region – instead of specific city/airport; Flight Agent Notifications, which will enable users to subscribe to a notification associated with a specific search and automatically receive an email with updated fares every day/week; Fee Information and Calculator, which will inform users about their airline and travel agency fees (checked bag and seat selection fees for example) and incorporate them into the total price for the flight to give a more precise cost overview; Inspirational Search, which will search and present flight and hotel deals based upon preferences, such as: destination country/region, departure month, activities (adventure, family, sports, etc.), budget (e.g. max $500 per person), etc., and momondo love, which is the new momondo city guide App with editorial content for seven world class cities. Additional cities will be added later.
ABOUT MARTIN LUMBYE:
Martin Lumbye, who was on the original Momondo launch team in 2006, and is currently on the Board of Directors of Momondo, has a background in both business and the arts. Martin was the Press and Marketing Manager for the 1990s Danish theatre success Dr. Dante. In 2011, Martin was nominated for the Danish "Growth Factor prize" awarded by the Danish publication Monday Morning in association with Denmark's largest television station DR´s program - (Pengemagasinet).
Martin was mainly involved in following areas, marketing, communications, business development and commercial areas, where he worked together with the very agile momondo team in the early lean start up days. He was responsible for building Momondo's international organization and recruiting Momondos country managers. Today, the international organization consists of executives in Sweden, Norway, Finland, France, Germany, Holland, and Russia, and PR agents in the USA and UK. In addition to Momondo, Martin sits on the Boards of a number of Danish Companies. He is very involved in charity work and has for years been an Ambassador of the Danish Red Cross.
How a start-up with just four people expanded globally into a major international company How design and technology can work together to form something different but globally appealing How users can generate meaningful content and also provide feedback on how to improve the business to what they want to keep them coming back to the site How being multilingual is so important to being global and globally successful What the next big thing is at Momondo and the next big thing in travel search We're ecstatic to be hosted again by The Hatchery (http://www.hatchery.vc) in their newest space, centrally located for your convenience in Times Square! The Hatchery is a venture collaboration incubator building B2B Startups. They are looking for entrepreneurs in residence. If you are a killer developer who is building something needing sales, funding, and the other 800 hats you have to wear, here is a partner. If you are a killer biz dev who knows an industry inside and out, stop by to white board solutions to turn into businesses.
Enjoy a wine, beer and snacks and network with awesome people in travel technology and startups!
7:00-8:15pm: Introductions, Presentation/Discussion, Q&A
8:15-9:00pm: More networking and wrap-up
We would appreciate it if you would tweet the event using the hashtags #travel20, #traveltech and/or #nytech.
As always, if you know people who are interested in travel and mobile technology, please feel free to invite them to join our group!
Also please feel free to let me know about travel startups who you believe would be good candidates to present at a Travel 2.0 in the near future. We hope to be expanding to San Francisco and Boston soon!
Thanks, and I hope to see you on May 2nd!
- Mike Coletta