Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Applied Technology Review
The Internet of Things (IoT) is reshaping industries worldwide, with analysts predicting a staggering market growth of $3,352.97 billion between 2023 and 2030.
By
Applied Technology Review | Wednesday, April 24, 2024
Stay ahead of the industry with exclusive feature stories on
the top companies, expert insights and the latest news delivered straight to your
inbox. Subscribe today.
Embracing IoT is no longer optional for businesses in the travel sector—it's a necessity for staying competitive and meeting the evolving needs of today's tech-savvy travelers.
FREMONT, CA: The Internet of Things (IoT) is reshaping industries worldwide, with analysts predicting a staggering market growth of $3,352.97 billion between 2023 and 2030. One sector experiencing significant transformation due to IoT is travel and tourism. Through enhanced digital capabilities, streamlined booking processes, personalized services, and improved customer experiences, IoT is elevating customer satisfaction in the travel industry.
Simplified Trip Organization
Travel agencies are leveraging IoT to simplify the trip planning and booking process. Offering online reservations, virtual tours, and all-inclusive vacation packages, companies like Hyatt and IHG are competing with traditional all-inclusive resorts. IoT-driven data collection enables tailored travel suggestions, guiding adventure seekers and food enthusiasts to popular destinations. For instance, Hilton Hotels' app uses IoT to suggest personalized services and activities, allowing customers to customize their vacations effortlessly.
Enhanced Navigation for Travelers
Navigating vast indoor environments like airports and stations can be challenging for travelers. IoT is addressing this issue by providing accurate indoor navigation instructions. This year alone has witnessed a 27% increase in vacation and rental bookings, underscoring the importance of seamless navigation for travelers. Airports like Côte d'Azur Airport in Nice, France, have integrated IoT-driven beacon technology into their apps. These beacons notify users based on their location within the airport, making it easier to find information desks, boarding gates, and other amenities, thereby enhancing the travel experience.
Predictive Maintenance for the Hospitality Industry
IoT is revolutionizing the hospitality industry by simplifying facility and equipment maintenance. With built-in sensors, IoT can identify and address issues before they impact guests, improving infrastructure safety and ensuring customer satisfaction. For instance, sensors can detect excessive water usage in hotel rooms, enabling prompt leak detection and repair. This proactive approach not only enhances infrastructure safety but also gives guests the impression that the hotel's amenities are well-maintained. UK hotel operator RBH Management has embraced this technology, installing sensors for preventive maintenance in buildings like the Westin London City Hotel & Residences.
As IoT continues to evolve and integrate with other technologies, it promises to further transform the travel industry, offering innovative solutions that enhance customer satisfaction, streamline operations, and drive growth. Embracing IoT is no longer optional for businesses in the travel sector—it's a necessity for staying competitive and meeting the evolving needs of today's tech-savvy travelers.