Global Travel in the Age of Uber and Airbnb

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Global Travel in the Age of Uber and AirbnbPhocuswright Conference November 15, 2016

More nightly guests than Hilton Worldwide

More dollars expensed than on rental cars

34,000 cities190 countries27 languages

493 cities70 countries

46 languages

When faced with the choice of buying two similar products, I am more likely to purchase the one that has product information in my own language.

75% agree or strongly agree

Source: Common Sense Advisory

Uber

Top 5 OTAs

Airbnb

Top 3 Car Rental Cos.

Top 5 Hotel Chains

Top 5 Airlines

Top 3 Cruise Lines

Top 5 DMOs 5

6

12

14

17

27

29

46

$0.25 – $0.46 Per Word Per Language, Including Internal Costs

Conventional Wisdom Data-Driven Approach

All or nothing Support languages opportunistically

Where do we have hotels? Where do we fly?

Where do emerging travelers live?

How much disposable income do they have?

What are our competitors doing?

Should we spend $250,000 to add a language?

Not all channels are created equal

Not all pages/screens are created equal

Largely precludes A/B testing

Surrenders the long tail to disruptive competitors

Should we spend $25,000 to test a language?

Conventional Wisdom Data-Driven Approach

All or nothing Support languages opportunistically

Translation + editing + proofreading Vary workflow as appropriate

Whatever device you’re on or wherever you are, we’re making flying a breeze. Visit Qantas on your smartphone or download the Qantas app on your tablet, your iPhone or Android phone. Book flights and hotels, check in^ and get useful travel information on your smartphone or tablet.

It costs $94 to translate 47 words into 10 languages…

$70 + $24 Translation + Editing

Whatever device you’re on or wherever you are, we’re making flying a breeze. Visit Qantas on your smartphone or download the Qantas app on your tablet, your iPhone or Android phone. Book flights and hotels, check in^ and get useful travel information on your smartphone or tablet. Also compatible with Apple Watch.

…and another $38 to translate 5 added words!

$12 + $26 Translation + Editing

Translated 65,000 strings (500,000 words)

Convinced that translation quality was “bad”

In-region marketers proofread every string

At a cost of $25,000…

95.6% not changed at all1.5% changed by less than 5%Only 1.8% changed by at least 15%

…that’s $9 per change!

Visual context availableLinguist rating

Edit distanceTranslation re-use

Time spent

String length

Spellcheck

Grammar checkPlaceholder use

Project type

Target locale Inline markup use

Glossary adherence

75+ data points

Conventional Wisdom Data-Driven Approach

All or nothing Support languages opportunistically

Translation + editing + proofreading Vary workflow as appropriate

Translation is a cost center Translation is often a net positive

20% – 35% Direct Channel Revenue from Call Centers

$50,000 Bilingual Agent (Beijing, Shanghai, etc.)

$20,000 Monolingual Agent (Hangzhou, Chongqing, etc.)

Conventional Wisdom Data-Driven Approach

All or nothing Support languages opportunistically

Translation + editing + proofreading Vary workflow as appropriate

Translation is a cost center Translation is often a net positive

$0.12 – $0.28 50–60% Reduced & Avoided Cost

How Travel Brands Are Facing Global Translation ChallengesGet the trends report: Smartling.com/Phocuswright

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