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Generative Artificial Intelligence in Tourism - Analysis of Generative AI in the Tourism Industry, Use Cases, Challenges and Opportunities

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    Report

  • 20 Pages
  • April 2023
  • Region: Global
  • GlobalData
  • ID: 5793701
This case study looks at generative AI in the tourism industry, its use cases, challenges and opportunities.

Key Highlights

The utilization of neural networks in analyzing data and generating novel outputs characterizes the functionality of generative artificial intelligence. The technology is commonly employed to generate lifelike visuals, videos, audio, and written materials.

Automating processes reduces labor costs and increases operational efficiency, leading to significant cost savings for businesses. Generative AI reduces labor costs by automating repetitive and time-consuming tasks, such as data entry, customer support, and itinerary generation.

It is important to note that the use of generative AI is rapidly increasing in many business. A publisher poll revealed that 29% business are currently making use of generative AI tools like ChatGPT.

Reasons to Buy

  • Gain an understanding of Generative AI in Tourism
  • Recognize the range of the Benefits And Potential Uses of AI in Tourism
  • Gain an understanding of Challenges and Future of AI in Tourism.

Table of Contents

  • Overview
  • Benefits And Potential Uses of AI
  • ChatGPT and Expedia
  • Challenges and Future of AI in Tourism
  • Appendix

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • OpenAI
  • Expedia Inc.
  • Booking.com