Benefits And Disadvantages Of Artificial Intelligence

Before the days of the Internet, if a family wanted to travel to a far-off, exotic locale, they would have to either find a local travel agent or call a travel agency and plan their getaway. In the 1990’s, the Internet became a staple of everyday life and began entering many homes. As the availability of the Internet increased, so did the services available to clients. With the increasing availability of the World Wide Web the travel industry found itself faced with revolutionizing changes. All of the tools that were once solely available to travel agents now became readily available to anyone with access to the Internet and a search engine. Websites quickly formed around the idea of providing consumers with quick vacation planning ideas at low costs. Getting

Today’s on-line travel market is succeeding because the companies are using a more software-centric, online business model termed “E-commerce.” This has become the popular avenue for businesses as it mirrors the ideas of mobility. The sheer amount of data available, coupled with the advanced operating systems and social media platforms, have created new possibilities for E-commerce organizations. The infrastructure of E-commerce has expanded into platforms such as peer-to-peer networking, crowd-sourcing, social websites, and mobile devices and media. E-commerce trends are findings ways to incorporate every aspect of our daily lives into an online package associated with our everyday needs (Fishbein, 2013).

One of the ways technology has changed over the years is the way individuals travel. Technology has made traveling easier to plan, as you can book flights, hotels, and rental cars all from your computer,

This approach that Travelodge is imminent to provide you is with sensitive incentives whenever you have a generality with travelling experiences as a certainty and can be approved with making of web access which will get you profits of a large amount despite the fact that you are just a new or even an older client in your particular

The success in the travel industry depends on the knowledge of the changing trend and maintaining pace with it. The company needs to respond to all technological changes with equivalent measures in order to be in line or even surpass its competitors. Focusing on the users’ and customers’ preferences, wishes, and fears, TripAdvisor will be able to enlarge its brand awareness and hence gain brand loyalty. This will be contributing to the company’s

Tourism & hospitality is one of the world’s rapidly growing industries as income is generated through the expenditure of goods & services required by tourists. The tourist is therefore very important to the wellbeing of many countries.

With the passage of time traveling industry has emerged as one of the most profitable and lucrative industries globally. This can further be demonstrated from the fact that traveling industries today are just not localized to providing their customers with tourism related facilities but along with this they also ensure that their customers make use of all possible facilities and leisure resources through which their clients can enjoy the most memorable trip ever. In addition to this it is also important to mention that the recent economic slump developed serious repercussions upon the development of the travel industry. It was estimated that in the year 2008 international travel

The buyers of the services of travel agencies are consumers, that is, individuals and businesses. For this industry we are dealing with a small degree of concentration, due to the wide range of services.

As technology advanced and new airline booking platforms were introduced, the role of the travel agent drastically changed. In the early 1960’s we launched the Semi-Automated Business Research Environment (SABRE) platform with IBM, which gave us a competitive edge in the airline market. SABRE allowed flights to be booked through a computerized system, so there was no more direct calling from an agent to book a flight. Our competition saw the benefits of this platform, so they tried to create their own

As new technological advancements and new airline booking platforms were introduced, the role of the travel agent drastically changed. In the early 1960’s we launched the Semi-Automated Business Research Environment (SABRE) platform with IBM, which gave us a competitive edge in the market. Basically, SABRE allowed flights to be booked through a computerized system, so there was no more direct calling from an agent to book a flight. Our competition saw the benefits of this platform, so they tried to create their own

may positively impact business. Travel agency executives may decide if they need to adopt new technology into business models, if they want to survive in the industry.

With technology today, people are able to better plan vacations and how they travel which has lead to a boom to tourist and travel economy. Before easier online access, a person was not always able to compare airline fares or purchase tickets months in advance of travel time at cheaper rates which discouraged airline travel and cost airlines money, leading the economy to encounter a decline. Additionally, people used travel agencies to book hotels whereas now individuals can book a hotel stay with the click of a button. These easy accesses to price rates and the ability to book places to stay has led to an increase in travel. Traveling by car has been made easier as well with navigation tools/maps not only on mobile devices, but installed in the vehicle at the time of purchase. Some of the perks of these devices include the length of drive time, areas of interest, alternate routes to avoid traffic issues, and the number of miles to the next gas

Information and communication technology (ICT) developments are permeating every aspect of tourism development. The rapid growth of information technology, notably the Internet, has created opportunities for the tourism and hospitality industry. Moreover, one of the fastest raising industries in the world is tourism (Sheldon 2001). Castaneda et al. (2007, p. 402) state that “when combining these two, Information Technology and tourism business, it will serve a new area in communication and as a distribution channel for the suppliers in terms of travel services and products but also for electronic travelers, also known as e-travelers, from all over the world”.

Some machines are capable to acquire their own knowledge by extracting patterns from raw data, a phenomenon known as machine learning (ML) (Bengio, Ian and Aaron 2016). Without question, many aspects of modern society have been deeply impacted by these machine learning systems. Furthermore, ML claims to accomplish simple results that can be effortlessly understood by humans (Michie, et al. 1994). Outputs from these systems that are used in service systems include, but are not limited to offering customers new items and narrowing down their search based on their interests; language understanding, object recognition, speech perception, and identifying and favoring significant results of online searches (Yann , Yoshua and Geoffrey 2015). It is important to emphasize that even though human intervention is necessary for background knowledge, the operational phase is expected to be without human interaction (Michie, et al. 1994). Consequently, these systems must be able to learn through time. According to Alpaydin (2004), they must be able to evolve and optimize a performance criterion in order to adapt to the environmental changes to which they are exposed over time. These systems do that through the use of past experience or example data.

What role do software (intelligent) agents have in travel services? What future applications may be possible?