Global travel sector should look to AI for Covid-19 recovery
The Covid-19 pandemic had a ubiquitous effect upon every nation and every industry, and it seems no sector is free from its impact, although one we can all recognise as being impacted more than most is the travel sector. With the pandemic this year forcing most businesses to suddenly adapt to some kind of remote working, the need for digital transformation has grown significantly. In the travel sector, we've seen flights grounded around the world, shipping halted, and road transport disrupted permanently, which has brought tourism to a standstill. This has had a direct impact on all other parts of the travel sector, affecting consumers, sector workers, business, and the global economy. Airlines alone are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%.
Jun-26-2020, 04:30:23 GMT
- Country:
- Europe > United Kingdom (0.16)
- Industry:
- Consumer Products & Services > Travel (1.00)
- Health & Medicine > Therapeutic Area
- Immunology (0.64)
- Infections and Infectious Diseases (0.64)
- Transportation (1.00)
- Technology:
- Information Technology
- Artificial Intelligence (1.00)
- Communications > Networks (0.35)
- Information Technology