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How Artificial Intelligence Will Change the Travel Industry
Since I have a passion for travelling as well as the hospitality industry (having a bachelor in hospitality management), and I believe in the power of Artificial Intelligence (AI), for this week’s article I decided to look into what happens when you combine the two. As it seems, Artificial Intelligence is set to be a game-changer for the travel industry. It is helping consumers and companies simplify making travel arrangements and streamlining business processes. AI is also modernising travel by taking it from a complicated, drawn-out experience to one that is more enhanced and customer-focused by improving the overall efficiency for hotels, airlines, and other travel providers. AI’s impact on the travel industry is powerful and massive and it has the potential to transform business completely. Here’s how AI will revolutionise the travel industry:
Enhanced Booking and Ticketing via Dynamic Pricing
Tracking price fluctuations for travel and lodging accommodations can be difficult for travellers who are looking for the best time to book a hotel, flights or vacation packages. However, travel providers can help enhance the customer experience using dynamic pricing tools that leverage predictive, or even prescriptive, analytics such as the Hopper’s travel deal tracking app. These tools help…
