How OTAS Can Strategically Deploy AI To Enhance Experiences
Entrepreneur magazine|March 2024
In today’s digital-driven world, generative AI is bringing about a wave of change and innovation in the travel industry. It is reshaping the sector and reimaging the functioning of the Online Travel Agencies (OTAs).
How OTAS Can Strategically Deploy AI To Enhance Experiences

For OTAs, the volume of bookings is integral to generating revenue. Hence, to stay competitive, they need to adopt new technologies that can enhance customer experiences, drive bookings, and reduce operational costs. This is where Gen AI comes in as a game changer, transforming travel experiences for customers.

THE RELEVANCE OF GENERATIVE AI FOR OTAS

Today, travellers expect seamless, convenient, and instant solutions. AI plays an integral role as it provides tailored services, resolves customer queries instantly, and improves overall customer experiences. Whether it is personalised recommendations, chatbots resolving customers' queries, automated communication, or fraud detection mechanisms, OTAS are already using AI in different ways. Today, even generative AI has forayed into the travel industry. The recent example of ChatGPT clearly depicts how new technology makes its inroads into the travel sector and improves customer engagement. The tool today has significantly eased out the travel planning and itinerary-building processes for customers.

この記事は Entrepreneur magazine の March 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

この記事は Entrepreneur magazine の March 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

ENTREPRENEUR MAGAZINEのその他の記事すべて表示
Looming Crisis: What Indian Aviation Industry Needs To Do Differently
Entrepreneur magazine

Looming Crisis: What Indian Aviation Industry Needs To Do Differently

Currently, Canceled Flights, Dissatisfied Frequent Flyers And Reprimands From The Regulators Have Become The Norm For Indian Airlines Such As Vistara, Air India, Indigo. To Navigate These Challenges, What Does The Sector Need To Do Better?

time-read
8 分  |
MAY 2024
Why Small Businesses Can't Afford To Grow
Entrepreneur magazine

Why Small Businesses Can't Afford To Grow

Big companies take a long time to pay their suppliers. Sometimes, so long that the supplier goes out of business. Two entrepreneurs wanted to find out why this system is so broken-and wound up creating a solution.

time-read
10+ 分  |
MAY 2024
Will India achieve 40GW Rooftop Solar Capacity by 2026?
Entrepreneur magazine

Will India achieve 40GW Rooftop Solar Capacity by 2026?

ACCELERATING THE ADOPTION OF ROOFTOP SOLAR INSTALLATIONS IS CRUCIAL FOR ACHIEVING INDIA’S RENEWABLE ENERGY TARGETS BUT DESPITE VARIOUS SUBSIDIES AND MEASURES BY GOVERNMENT, THE COUNTRY MISSED ITS 2022 TARGET.

time-read
3 分  |
MAY 2024
FUELLING INDIA'S SILICON VALLEY ASPIRATIONS
Entrepreneur magazine

FUELLING INDIA'S SILICON VALLEY ASPIRATIONS

It took 40-plus years for the US and over 25 years for Taiwan to establish their Silicon Valley.

time-read
4 分  |
MAY 2024
'UP' FOR A DRINK THIS SUMMER?
Entrepreneur magazine

'UP' FOR A DRINK THIS SUMMER?

LAST YEAR THE DEMAND WAS DISRUPTED DUE TO PREPONED MONSOONS. THIS YEAR'S FORECAST IS FOR A BLAZING SUMMER. FMCG COMPANIES SUCH AS DABUR, PARLE AGRO, CAVIN KARE, GODREJ JERSEY & HAMDARD LABORATORIES GEAR UP TO MEET DEMANDS AND HOPE TO MAINTAIN THEIR PRICING AMIDST A WAITAND WATCH APPROACH

time-read
4 分  |
MAY 2024
THIRSTY CITIES | HOW COLLABORATIVE EFFORTS CONTRIBUTE TO WATER CONSERVATION
Entrepreneur magazine

THIRSTY CITIES | HOW COLLABORATIVE EFFORTS CONTRIBUTE TO WATER CONSERVATION

WATER STORAGE IN THE MAJOR RESERVOIRS AND RIVER BASINS IN THE COUNTRY HAS DROPPED LESS THAN THE AVERAGE STORAGE RECORDED IN A DECADE FOR THE CORRESPONDING PERIOD.

time-read
5 分  |
MAY 2024
ACHARYA PRASHANT THE PRACTICAL TEACHER
Entrepreneur magazine

ACHARYA PRASHANT THE PRACTICAL TEACHER

Prashant Tripathi, now known as Acharya Prashant, has shot up as a unique wisdom teacher.

time-read
9 分  |
MAY 2024
SYNTHETIC SPARKLES
Entrepreneur magazine

SYNTHETIC SPARKLES

How startups are banking on the customer base shifting to more affordable and sustainable diamond options

time-read
6 分  |
MAY 2024
Corporate Journeys Reimagined 2024 and Beyond
Entrepreneur magazine

Corporate Journeys Reimagined 2024 and Beyond

A SIGNIFICANT NUMBER OF EUROPEAN AND US COMPANIES PLAN TO DECREASE TRAVEL PER EMPLOYEE BY OVER 20% TO ACHIEVE THEIR 2030 SUSTAINABILITY GOALS.

time-read
2 分  |
MAY 2024
India Inc. Charges Towards Sustainable Change With EV Push
Entrepreneur magazine

India Inc. Charges Towards Sustainable Change With EV Push

INDIA'S EV SECTOR IS POISED TO SKYROCKET TO AN ESTIMATE OF $113.99 BILLION BY 2029.

time-read
2 分  |
MAY 2024