Chatbot Revolution Set to Transform Travel Planning
For business travelers on the go, chatbots linked to travel and accommodation providers are an increasingly valued tool, enabling them to take advantage of Artificial Intelligence (AI) powered voice chats or instant messages for an array of travel queries - such as checking the weather and seeking city-wide transportation options - as well as receiving quick customer support. Gartner, a leading global research and advisory company, predicted as far back as 2011 that by 2020, 85% of customer interactions will would take place via chatbot, and that by 2021, 50 percent of enterprises would spend more on bots than mobile apps. This means that the travel industry has to embrace this technology at a rapid pace in order to satisfy growing demand.
When planning a business trip in particular, travelers want to ensure that unknowns are kept to a minimum, so reassurance that any queries can be answered swiftly will bring peace of mind, and minimize any additional stress.
Beyond their speed and simplicity, chatbots offer the continued opportunity to improve the customer experience with their ability to tap into vast amounts of information that it would take a human much longer to process. There is still a place for human interaction however - if the Booking Assistant has identified a question it can't solve on its own, it enlists support from either its customer service team or the property, depending on which is most appropriate. AI is not about replacing human interaction, but is instead a vehicle to facilitate an even more personalized, instantaneously gratifying and frictionless travel experience for consumers. The winning combination of AI and human interaction is fuelling a more personalized, rewarding and frictionless travel experience.
2. Research commissioned by Booking.com and independently conducted among 18,509 respondents (1,000+ from the UK, US, Brazil, China, Germany, Italy, Spain, France, India, Singapore and Russia and 500+ each from Australia, Argentina, Belgium, Canada, Denmark, Hong Kong, Croatia, Indonesia, Japan, Mexico, Netherlands, New Zealand, Sweden, Thailand and Taiwan). Respondents completed an online survey in August 2017
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Founded in 1996 in Amsterdam, Booking.com has grown from a small Dutch startup to one of the world's leading digital travel companies. Part of Booking Holdings Inc. (NASDAQ: BKNG), Booking.com invests in technology that helps take the friction out of travel. With a mission to make it easier for everyone to experience the world, Booking.com seamlessly connects millions of travelers with memorable experiences, convenient transportation options and incredible places to stay - from homes to hotels and much much more. Booking.com also provides a marketplace for entrepreneurs of all sizes in the travel and experiences industries to reach a global audience and grow their businesses. Booking.com is available in 43 languages and offers more than 29 million total reported accommodation listings, including more than 6.3 million listings alone of homes, apartments and other unique places to stay. With everything from convenient rides and great places to eat, as well as attractions, tours, events and activities across the globe, no matter where you want to go or what you want to do, Booking.com makes it easy and backs it all up with 24/7 customer support.