AI Based Travel Apps: The Competitive Edge for Modern Travel

The travel industry has evolved massively over the years, especially due to the integration of artificial intelligence (AI) in travel planner apps. 

In this article, we will explore the role of AI in the travel industry, the benefits of AI-powered travel planning apps, and how Omisoft can assist organizations in building new-generation travel apps to fulfil the modern traveller’s needs.

The Role of AI in the Travel Industry Development

AI has been transforming various industries and the travel industry is no exception. For example, Marriott International introduced “Marriott Bonvoy Chat,” an AI-powered chatbot designed to simplify the guest experience.  One more example is the robot in London Heathrow airport that guides passengers in terminals. AI-powered chatbots, machine learning algorithms, and NLP are just a few examples of AI technologies being used to streamline operations and enhance the overall travel experience.

What is an AI Travel Planning App: Market Size and Statistics

An AI travel planning app is a type of mobile application that utilizes AI-powered algorithms to help users plan and book their trips more efficiently. These apps use machine learning to analyze user behaviour and travel patterns to provide personalized recommendations for destinations, accommodations, and activities.

According to Statista, the global market of AI in the travel industry was estimated to be at $81 billion. 3 billion in 2022. It is forecasted to grow much higher, suggesting an increase of $423. 7 billion by 2027. Such growth indicates that the CAGR for the given period of 2022-2027 will be about 35%. Such exponential growth demonstrated the growing awareness of AI’s ability to transform the travel industry.

Features and Functionality of AI Trip Planner Apps

AI trip planning apps typically offer a range of features and functionalities designed to simplify the travel planning process. Including: 

• Personalized recommendations based on user preferences;
• Real-time pricing and availability for flights, and hotels;
• Integration with social media platforms to share trip itineraries;
• Integration with popular payment gateways for seamless booking;
• Language support for multiple languages. 

Why Invest in an AI Trip Planning App: Main Benefits

Investing in an AI-driven travel planning app can bring numerous benefits to travellers, including:

• Time-saving: The AI trip planner app can save users time by providing personalized recommendations and automating tasks such as booking flights and hotels.
• Cost-effective: AI travel apps can help find cheaper options for flights, hotels, and activities.
• Increased accuracy: AI-powered apps reduce errors by analyzing user behaviour and preferences.
• Enhanced customer experience: AI-driven apps offer users a more personalized experience by offering tailored recommendations.

As AI continues to evolve, we expect to see even more innovative applications in the travel industry. Some potential future developments include:

• Predictive analytics for personalized itineraries
• Virtual reality (VR) experiences for destination exploration
• Integration with wearable devices for real-time updates

If you find yourself in need of these features, simply reach out to the Omisoft team, and we will make sure to provide you with the best solution. 

Conclusion

AI-powered travel planning apps are revolutionizing the way people plan and book their trips. By incorporating AI technologies such as machine learning and NLP, these apps provide a competitive edge for modern travellers. At Omisoft, we have extensive experience in developing AI-powered solutions that cater to the evolving needs of travellers. If you’re looking to develop a next-generation travel app that provides a seamless experience for your users, we invite you to partner with us. Contact us today to learn more about our services and how we can help you achieve your goals.

By Yevhen Sakara

CBDO & Co-founder

Jul 24, 2024

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