In 2024, the travel industry is set to experience significant changes due to the latest technologies.
One big problem in the travel industry is that not enough new technologies are being used. This is because companies worry about the costs of using new tech, they’re afraid of wasting time on trends that might not last, and they don’t want to lose the personal touch that makes travel special.
This means that cool new tech isn’t being used enough, which leads to travellers not getting the best experience. Here are 5 key trends that will shape the future of travel.
1. Blockchain Based Trustworthy Customer Profiles
More and more, people want control over their online identities. Instead of companies having all your information, there’s a push for you to own and manage your digital identity yourself.
The travel industry is leveraging blockchain to provide personalised offers. Blockchain can help create trustworthy customer profiles by improving credibility and reducing fraudulent activities.
2. Eco-Friendly Travel Powered by IoT
The internet of things (IoT) enables real-time monitoring of vehicles, allowing for predictive maintenance and optimising routes to improve fuel efficiency.
IoT sensors can be used to manage airport facilities, baggage tracking, and optimize the flow of passengers. Travelers can use IoT-enabled wearables for check-ins, access to boarding gates, and personalized notifications.
Hotels can incorporate IoT devices for personalized room settings, temperature control, and smart lighting
4. Generative AI and Mixed Reality
Artificial intelligence (AI) is revolutionising numerous industries including the travel sector. Travel companies are investing significantly in AI and mixed reality technologies to improve the travel experience. AI and mixed reality are reshaping our perception and interaction with the world around us.
5. Autonomous Travel Agents & Digital Payments
Imagine if you could plan your trip without talking to a person at all. That’s what might happen with autonomous agents.These are computer programs that can plan and book your trip for you. We’re not sure yet what this will look like, but it could change how we travel.
Countries around the world are starting to create their own digital currencies. These are like cryptocurrencies, but they’re controlled by governments.They’re supposed to make transactions easier and more secure. But some people worry about who’s in charge.
In 2024, there’s a big conference in Barcelona, Spain, called The Phocuswright Europe Conference 2024. It’s all about how technology is changing travel. They’ll talk about these trends and what they mean for the future of travel. It’s important to keep up with these changes so we can make the most of new technologies while making sure people can trust them.
Frequently Asked Questions (FAQs)
How Does Technology Influence the Tourism Industry?
Technology enhances the tourism industry through easier booking, personalized recommendations, efficient communication via innovative breakthroughs in VR, AR, and AI.
What are the Key Technology Trends Emerging in the Travel & Tourism Industry?
Key trends include AI for personalization, chatbots for customer service, blockchain for transparency, VR/AR for immersion, IoT for connectivity, and sustainable tech.
Which Technologies Influence How We Travel?
Technologies like mobile apps, GPS, social media, wearables, cloud computing, and digital payments shape how we book, navigate, share, and pay during travel.
How Can Technology Shape the Future of the Tourism and Hospitality Industry?
Technology can transform the industry by enhancing experiences, streamlining operations, fostering innovation, promoting sustainability, and improving accessibility.
