Moyn Islam, Monir Islam and Ehsaan Islam on the Top Trends of the Online Travel Industry in 2020
Do you know that as per Adobe’s research, 41% of business, as well as 60% of leisure travel arrangements now are done online? Well, in today’s time, the travel industry across the world is facing several challenges. Travel companies have been trying to build their own captive audience and increase their repeat purchase from them. In fact, it is using apps and its advanced features to cater to customers’ needs online. This is to be in line with the new evolving technology facets in travel, tourism as well as customer experience trends.
The BE founders, Moyn Islam along with his brothers Monir Islam and Ehsaan Islam explored cutting AI technology to develop a unique travel platform. It lists more than 1 million hotels and cruises, is partnered with the leading brands in flights, and has more than 50,000 car rental locations across the world. It is indeed a few steps ahead of just being a platform for booking a trip!
Below are a few trends of the online travel industry:
Personalization
Currently, nearly 90% of the travelers across the globe admit that standard traveling procedure is not sufficient enough anymore. A customized approach is now considered to be more of a need than a luxury. People now value a unique experience that they may get while traveling irrespective of whether it is a business tour or a vacation trip.
Subscription based Online Travel booking
Online booking service is showing constant growth as currently, over 57% of trip reservations are done online, whether it is flight, hotel accommodation, excursions or any other travel-related activity. Subscription based ecommerce travel platforms add to the affordability for premium travel. According to Moyn Islam, Monir Islam and Ehsaan Islam, on their platform, travelers can subscribe on a monthly basis and enjoy the perks of this elite membership. They can get as much as 70% off on travel prices compared to the popular booking engines and book exclusive experiences.
Artificial Intelligence (AI)
Artificial intelligence has the ability to sort data accurately and intelligently while delivering rapid responses to the problems or queries. AI can draw conclusions and make travel recommendations based on feedback and browsing behavior. Nearly 40% of the top travel brands are now expected to adopt this technology.
Augmented Reality (AR)
Augmented Reality technology helps to presuppose augmenting a person’s real surroundings. Emerging technology such as AR is transforming the tourism landscape. AR-based travel apps can come in handy, if you want to catch a travelers attention. Augmented reality is the future of the travel industry and it is taking experiences to the next level.
The innovative AI-based digital travel subscription platform by Moyn Islam, Monir Islam and Ehsaan Islam has revolutionized the concept of Travel. Even during unpredictable times, they have succeeded in offering luxury travel that is affordable.