Machine Learning, AI & Big Data Analytics in the Travel & Hospitality Industry: Applications, Scopes, and Impact on the Job Market

Travel & tourism is on its rise nowadays. This may be explained by the fact that it has become more affordable to a broader audience. But, in today's fast-paced world, finding time to travel to a ticket office and get your tickets is a luxury few can afford. Like any other industry, machine learning, AI and big data analytics have changed the travel & hospitality industry as well. In this post, we will discuss the major applications and future scopes of machine learning, AI & big data analytics in the travel & hospitality industry – across the globe and India. Additionally, we will also have a look at how machine learning, AI and big data analytics are reshaping the hospitality job market. Due to rapid digital transformation, over 500 billion dollars ($564.87 billion) was made in the travel & hospitality sector in the year 2016 alone. The number is expected to reach $817.54 billion by 2020.