Tag Archives: travel AI

TravelAI.com confirmed that its applied use of AI is already delivering returns as it comes close to closing net revenues of USD 16 million for 2024 backed by a gross merchandise value (GMV) of USD 230 million. As the ‘proof of concept’ phase closes for the company, the medium-term aspiration is to become the primary AI-powered agent for travelers, managing the full journey from discovery to booking with precision and efficiency. To fulfill this plan TravelAI has appointed Ennea Capital Partners as its strategic advisor to help provide critical guidance with a focus on product development, go-to-market strategies, monetization, and the formulation of a Buy-&-Build strategy to help TravelAI scale its platform and achieve its medium-term vision of becoming the leading AI-powered travel agent. Founded in 2021, TravelAI.com operates a vast ecosystem of over 400 brands, all designed to serve high-intent travelers with personalized travel discovery solutions. By leveraging applied AI, TravelAI connects travelers with highly-relevant, tailored content, helping them find the perfect travel experiences. TravelAI’s platform already processes millions of visitors each month and facilitates thousands of bookings, optimizing demand for major travel seller partners such as Expedia, Vrbo, and Booking.com. The platform’s AI capabilities enable it to handle and scale billions of unique content segments, providing personalized experiences to travelers globally. “There’s a lot of industry talk and doubt about how and when we can actually turn AI into profits but we’ve discovered a model that actually works – and even more pleased to confirm that we’re on target for $16m USD in net revenue for this year with a gross merchandise value (GMV) of €230m USD. With the applied use of AI, we can offer travelers personalized …

Sabre Corporation announced the availability of Lodging AI, marking the introduction of its Sabre Travel AI™ capabilities in the lodging sector and enhancing the power of Content Services for Lodging. Lodging AI can help travel agencies improve hotel attachment rates, creating additional revenue opportunities and providing travelers with more personalized lodging options. Using Sabre Travel AI™ machine learning models, the new lodging capability analyzes property attributes, customer trip segmentation, and traveler and agency preferences to generate custom lodging options and serve up properties that are most likely to be booked. “Artificial intelligence combined with data and insights, such as profiles and preferences, is a very powerful tool in removing friction from the travel booking process,” said Sabre Chief Product Officer Garry Wiseman. “As the next evolution of intelligent retailing capabilities supported through our strategic partnership with Google, Lodging AI brings more personalized results to enable agents to be more efficient in their workflows and to ensure travelers obtain the most relevant options available.”