Generative Ai travel tips

Company spending on co-working spaces is on the up, while business travel is declining, according to corporate card and expense firm Ramp.

Microsoft took over tech headlines last week when it said that its search engine, Bing, is being relaunched in partnership with generative artificial intelligence chatbot ChatGPT.

In an effort to accelerate tech innovation in travel, Hotelbeds is putting out a call to startup founders with ideas that could solve problems in the industry. 

A task force at Booking.com is dedicated to exploring how generative AI could be integrated into the platform, but just to be clear — the company is not rushing into anything. 

The inner workings of the travel industry are changing as different sectors look for less expensive means of doing business, and much of that change could have a negative impact on the longevity of Sabre and companies like it. 

Good morning from Skift. It’s Tuesday, March 14. Here’s what you need to know about the business of travel today.

Many companies in the travel industry have shared opinions about how generative AI could affect business, but few so far have implemented the technology.

Creators of self-guided audio tours, targeting independent travelers who prefer to explore on their own steam without paying private tour prices, are upping their unique storytelling game to differentiate beyond generic facts spat out in a destination.

Google is starting to release the chatbot Bard, its rival to ChatGPT.

Booking Holdings CEO Glenn Fogel cited the “explosion of interest” in generative AI (artificial intelligence), but counseled that it would be prudent to be patient about delivering on its promises.

The days of the typical hotel search results page are numbered, thanks to large language models like ChatGPT.

Since OpenAI released the groundbreaking ChatGPT tech late last year, travel companies have been exploring how the latest developments in generative AI could change the way they operate.

Duve, which provides tech products to more than 1,000 hotel companies, is about to test products powered by the latest version of OpenAI, GPT-4. 

That ChatGPT was going to become a platform — a la the iPhone with its App Store — was obvious, it was just a matter of time, what we didn’t know was when and how.

Google released limited access to Bard, essentially its own version of ChatGPT, earlier this week. If today were six months ago, it would be more exciting. But compared to what is available today, the chatbot’s abilities are not particularly impressive. 

I am back with another short video on my thoughts on AI+Travel, fourth in the series over last few months. Part 1, part 2 and part 3 are here.

Recent breakthroughs in Generative AI have had an electrifying effect on the tech world in recent weeks. Many have compared these first artificial intelligence tools, which create new content, such as images or text from simple prompts, to the early days of smartphones or the internet. With the potential for such wholesale disruption, what does generative AI mean for the travel industry? And how do we separate the hype around this new tech from the reality of what it will look like in use by travel companies.Skift Research’s latest report will attempt to tackle those questions by diving into Generative AI’s impact on the travel industry. This report will focus specifically on large language models and their use cases within the travel business.We examine seven different cases for how AI will be used across travel, including its implications for chatbots, operational efficiency, and search. Across most of these scenarios, we see multi-billion dollar markets being created. Skift Research estimates that altogether generative AI poses a $28 billion-plus opportunity for the travel industry.

There has been so much coverage of generative AI at Skift over the last several months that it may have been hard to catch it all. 

VisitBritain is jumping on the artificial intelligence bandwagon.

Yelp has for months been testing how it could use the latest generation of artificial intelligence (AI) without undermining the trust of the consumers who use it to find business listings. On Wednesday, the U.S.-based user-generated reviews company released an updated search interface based on these advances.

Etihad Airways, Abu Dhabi’s state carrier, on Tuesday signed an agreement with technology firm Astra Tech that allows customers to make flight bookings using artificial intelligence within chat app Botim, Astra Tech said.