Global AI in Travel and Hospitality market cagr 15.00%

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AI in Travel and Hospitality Market

AI in Travel and Hospitality Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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AI in Travel and Hospitality Market Size and Growth

The AI in Travel and Hospitality market is rapidly expanding, driven by increasing demand for personalized customer experiences and operational efficiency. Market size is projected to reach approximately $2.5 billion by 2025, with a CAGR of around 10%. Key trends include chatbots, predictive analytics, and enhanced pricing strategies enhancing service delivery. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Amadeus IT

◍ mTrip

◍ Lemax

◍ CRS Technologies

◍ Navitaire

◍ Sabre Corporation

◍ Qtech Software

◍ Tramada Systems

◍ Travelport International

The AI in Travel and Hospitality market features key players like Amadeus IT, mTrip, Lemax, and Sabre Corporation, leveraging AI for personalized travel experiences, dynamic pricing, and operational efficiency. Companies enhance customer engagement and streamline services, contributing to market growth. Amadeus reported €5.4 billion revenue in 2022; Sabre posted $3.8 billion. Request Sample Report

Market Segmentation

By Application

Hospitality Applications

Travel Applications

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By Product

Machine Learning

Natural Language Processing

Chatbots or Travel Bots

Blockchain

$ 235.75 Billion

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