TITE: Modeling of Travelocity's On-line Travel Distribution Business
SPEAKER: Barry Smith
ABSTRACT:
Beginning in 2002,
Travelocity and the Sabre Research Group collaborated to develop the
Enterprise Network Model (ENM). The ENM combines discrete choice
customer modeling with simulation and large-scale optimization to
improve Travelocity's management of its on-line travel distribution
business. The ENM helped Travelocity become a more effective retailer
and contributed $43 million per year to Travelocity's bottom line.
This project was recognized in 2005 as an Edelman competition finalist.