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|5 Ways AI Is Transforming Business Travel by davidboo: 1:17pm On Nov 02|
Business travel can be a hassle. From booking a flight or finding the right room in your favorite hotel, traveling frequently from one place to another can take its toll on you. What’s worse is that you only know that you are going on a business trip a few days before flying so you don’t have much time to prepare for it either.
After leaving its mark on every field imaginable, AI is all set to provide business travelers relief by making business travel less of a hassle. How will AI impact business travel and business travelers? If you are looking for the answer to this question, then this article is for you. You will learn about ways in which AI will transform business travel.
According to Matt Minetola, CIO and Executive Vice President of Travelport, “AI creates the opportunity to improve the speed and accuracy of truly personalized offers customers want from airlines, hotels, rental companies, etc. by 'learning' (what converts, sells, what routes are best, and more) from travel searches, AI improves demand forecasting for travel and fare prediction, ultimately growing travel businesses by allowing them to better meet travelers' needs and expectations”
By closely analyzing user searches, AI can deliver customized solutions and suggestions. Travel agencies and their website and apps are also using AI to create full itineraries by using all the information it has about a user. With the demand for customized travel options growing, AI will continue to dominate the travel agency.
Security and safety is an important consideration when traveling for a business trip. How AI can help you keep yourself safe during a business trip? AI can help you in safety of online approval ratings.
Karen Panetta said, “You will almost have that type of built in security since somebody will almost be graded, like we do when we're a buyer on online purchasing things. They rank the buyers; you get five stars, or a 99% approval rating. I think that will also be how vendors will be approved. For travelers, when I don't know who to go to, they're going to have an approval rating that will be based on tons of data that have been collected about that person.”
Do you want to save a few bucks on air ticket? AI can help you do that. You can easily find affordable airfare with the help of AI. Maximize your efficiency when traveling from point A to point B, thanks to AI. Karen Panetta, Dean of School of Engineering at Tufts University illustrate this point with a great example. For instance, “You have GPS, and it says, 'Oh, there's an accident ahead.' And you're like, 'How'd it knows that?' It's because there's even AI within vehicles that are communicating with one another.” Imagine navigating an unfamiliar city with an AI powered GPS. For instance, you are in Dubai to make the most of luxury yacht charter in Dubai. Even if there is traffic jam ahead, AI will let you know about it and suggest an alternative route.
With AI making its way to Google Maps, using public transport is a breeze. It can provide you with updates and alerts such as departure delays and stop the notification. That is not all, the AI can even tell you when you should get off the train and bus based on the location, so you don’t have to constantly check that you have arrived at your desired location.
Location Based Experience
AI can make recommendations about activities and events based on your travel destination. Jeff Aaron, vice president of marketing at Mist which is a AI-powered Wi-Fi provider. He said, “AI is transforming virtually every aspect of the business, including travel.” Let’s say you are in Dubai to enjoy luxury yacht rental Dubai. You will get hotel recommendations and places you should visit when you are in Dubai. AI will be at the forefront of delivering amazing location-based experiences.
The language barrier can be a massive issue when you travel to a new country. AI can help you overcome those hurdles. With Google making Google Translate working without an internet connection, you can translate full sentences instead of breaking down the sentence into many chunks like it previously used to do. AI will make translation apps even more efficient. Panetta predicts, “In the future, I can probably just talk to it, and have it in real time spit out a conversation and have it understood when the person responds to me, that I don't have to have them hit a different button. It will know they're speaking Japanese, translate back into English. It will know my needs,”
How do you think AI will revolutionize business travel? Feel free to share it with us in the comments section below.
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