Largest Travel Technology Market Players

| November 18, 2017

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The increase in business travel spending has also been driving the market. The US leads the business travel spending market with over $290 billion and this figure is expected to rise during the forecast period. In the APAC region, China leads the market and the report predicts that by the end of 2015, it would dominate the global business travel spending market.

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Travel Boarding Pass

Travelboardingpass.com is a new Canadian start-up (http://www.travelboardingpass.com), helping travelers book cheap flights and vacation packages on mobile. We let you pick n' choose what you love in your dream vacation, and our travel-agent-defying algorithm would show you a carefully curated list of destinations and activities around, including how to get there and where to stay.

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State of Artificial Intelligence in Travel

Article | February 19, 2020

AI in travel life cycle and vertical segments / Using AI in the hospitality landscape to enhance hotel reputation, drive revenue and elevate the customer experience to the next level / Travel management companies intend to invest in chatbot technologies / OTAs are using AI to offer travelers deeper personalization and more automated customer service during the search, shop and buy process / Conclusions.

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How blockchain is reinventing travel loyalty programs for both brands and consumers

Article | February 28, 2020

According to the latest Bond Brand Loyalty Report, memberships across industries continue to rise and now average 14.8 per person. But - considering total global spend on loyalty programs is estimated to be $323 billion in 2019 – a more critical statistic is: on average people are active in less than half (6.7) of the programs they belong too. More often than not, loyalty programs do not drive loyal behavior. The travel sector has some of the lowest satisfaction rates, according to Bond’s survey of 55,000 consumers in more than 20 markets around the world. Only 37% of hotel loyalty members and 38% of car rental members say they are satisfied with their programs; airlines, meanwhile, fare slightly better at 42%.

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Promoting Tourism in the Time of Coronavirus Is a No-Win

Article | March 5, 2020

One of the vulnerabilities of the tourism industry is that it is built entirely around a discretionary good. That is, most people don’t have to travel. They choose to. Despite the massive growth of the tourism industry since globally disruptive events like September 11 and the SARS crisis, that still holds true. As coronavirus continues to spread around the world, the tourism industry sees free-falling demand for travel. It’s anyone’s guess when that may change. With that new reality comes a question: What role, if any, does tourism promotion and marketing have at a time when the appetite to travel is low? One could argue the case both ways that low risk destinations have every reason to ramp up their promotional activities. Or alternatively, that it’s tonally off-base and borderline irresponsible to promote tourism — especially the carefree, leisure kind at such a time.

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How 5G will transform air travel

Article | March 6, 2020

SITA, the leading IT provider for the air transport industry, has made six predictions about how ultra-fast 5G networks will bring major change for airports, airlines, and passengers. With download speeds of up to 400MB per second, 5G will be a game-changer. The potential for innovation is huge and airports, airlines, and passengers will feel the force of 5G in very different ways. SITA’s predictions are based on unique IT insights and emerging air transport industry technology trends. They follow hot on the heels of 5G trials like the recent ones carried out by both London Gatwick Airport and Beijing’s new Daxing International Airport services which signpost our entry into a new era of ultra-connected air travel.

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Spotlight

Travel Boarding Pass

Travelboardingpass.com is a new Canadian start-up (http://www.travelboardingpass.com), helping travelers book cheap flights and vacation packages on mobile. We let you pick n' choose what you love in your dream vacation, and our travel-agent-defying algorithm would show you a carefully curated list of destinations and activities around, including how to get there and where to stay.

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