Discover 5 Top AI Solutions impacting Travel Companies

Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the travel industry. This time, you get to discover 5 hand-picked AI solutions impacting travel companies.

Out of 430, the Global Startup Heat Map highlights 5 Top AI Solutions impacting Travel Companies

The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.

The Global Startup Heat Map below reveals the distribution of the 430 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 425 AI solutions for travel companies, get in touch.

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Globaleur enables AI-driven Trip Planning

Founding Year: 2017
Location: Santa Clara, US
Funding: USD 35 000
Partner for: Trip Planning, Trip Recommendation

US-based startup Globaleur provides an AI-driven trip planning and optimization solution. It lets the travel planning companies digitize their processes, leading to improved customer experience. With website integrations, the startup allows customers to discover cities, plan trips, check out other travelers’ plans, or listen to audio guides. The startup’s recommendation engine also offers personalized plans and day-to-day travel itineraries. This improves conversion rate, increases customer satisfaction, and leads to a higher customer returning rate, enabling travel companies to increase revenue.

Aervio simplifies Business Travel Management

Founding Year: 2016
Location: Barcelona, Spain
Funding: USD 1,89 M
Partner for: Business Travel Booking, Car Rentals

Aervio is a Spanish startup that develops a business travel management platform. Corporate employees request trip bookings by sending an email to the startup’s travel consultants mentioning their trip details and preferences. Based on that, the AI platform sends them customized results including air or rail tickets and accommodation options. Additionally, Aervio works with car rental companies as well as serves special requests like booking meeting rooms or restaurants.

Rivi builds a Travel Assistance Chatbot

Founding Year: 2017
Location: Bangalore, India
Partner for: Travel Planning

Indian startup Rivi offers an AI-powered travel assistant chatbot. The conversational bot allows users to plan fully personalized trips — starting from flights, accommodation, things to do, eat-outs, and nightlife. Utilizing natural language understanding (NLU) and machine learning algorithms, the bot understands the motive behind each message. It then classifies key information into pre-defined categories and predicts the appropriate action to offer personalized, data-driven responses, like recommendations. Additionally, Rivi predicts the flight prices for any given route based on historical data, enabling travelers to plan their trip budget better.

deepair solutions enables Contextual Ticket Pricing

Founding Year: 2017
Location: Ashford, UK
Funding: USD 500 000
Partner for: Virtual Passenger Interlining, Dynamic Ticket Pricing

British startup deepair solutions offers contextual airline ticket pricing and virtual passenger interlining. Its deep learning-based software, deepPricing, allows airline companies to track customer shopping behavior live and dynamically, thereby maximizing conversion and revenue. On the other hand, deepAlliance is a partnership solution that allows airline companies to extend their brand offerings to their partners’ networks such as travel insurance companies. It uses AI-driven retailing and smart contracts to monetize partnerships and grow revenue while improving customer satisfaction.

Tripper advances Travel Expense Management

Founding Year: 2017
Location: Tampere, Finland
Partner for: Receipt Scanning, Digital Receipts

Finnish startup Tripper facilitates paperless travel expense management. Its web application allows travelers to apply for mileage allowance and daily allowance for business trips. It ​​scans the receipts using the phone’s camera and then analyzes, digitizes, and records all the important information. Moreover, the web application calculates, refunds, and processes the receipts automatically using AI, allowing the travelers to complete their travel invoices during the commute.

Discover more Travel Startups

Travel startups such as the examples highlighted in this report focus on smart contracts, deep learning as well as natural language processing (NLP). While all of these technologies play a major role in advancing the travel industry, they only represent the tip of the iceberg. To explore more travel technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Travel Innovation Report to save your time and improve strategic decision-making.