Technology is redefining the way we travel, from planning to the destination experience. For tourism businesses and professionals, understanding these transformations is crucial to stay competitive and respond to the demands of an increasingly digital and sustainability-conscious traveller.
Increased investment in technology
An Amadeus survey of travel industry technology managers in 2024 revealed that 91% of travel companies expect a ‘moderate to aggressive’ increase in their investment in technology.
The report not only analyses each of these technologies in terms of their key characteristics and importance to the travel industry, but also presents case studies from Trip.com Group and WTTC members to illustrate their real-world impact. In addition, future scenarios on the evolution of these innovations and their application in the short and long term are included.
Technologies digital technologies
Digital innovations are transforming the travel and tourism sector, creating unique experiences. Some of the key technologies include:
- Artificial intelligence (AI): Identified by 94% of business leaders as vital to future success.
- 5G, 6G and LEO satellite connectivity: Enabling fast and constant communication.
- Super apps: Integrate multiple services into a unified platform.
Immersive technologies
These optimize travel planning and bring experiences to life through virtual environments.
- Financial technologies (FinTech): is reshaping the financial landscape of tourism with:
- Buy now, pay later (BNPL): Facilitating accessibility to tourism through instalment payments.
- Central bank digital currencies (CBDCs): Driving a cashless economy.
- Open banking: Enhances the customer experience with secure data exchange.
- Digital wallets and travel wallets: Store essential documents for frictionless travel.
Recommendations for businesses in the sector
To thrive in this evolving technological environment, WTTC recommends the following steps for tourism businesses:
The report demonstrates that technology is transforming the future of tourism. Companies that embrace these innovations will be able to offer more personalized, efficient, and sustainable experiences, thus ensuring their competitiveness in a constantly evolving sector.
Read the whole report!
WTTC: the future of travel and tourism. groundbreaking technological innovations
The World Travel & Tourism Council (WTTC) and Trip.com Group launched the report ‘Technology Game Changers: Future Trends in Travel & Tourism’ at ITB Berlin, highlighting the innovations that will revolutionise the industry.
This groundbreaking report explores 16 transformative technologies that are shaping the future of the industry, organised into four main trends: Digital Technologies, Financial Technologies, Future of Mobility and Disruptive Innovations.
Future of mobility
Mobility is evolving rapidly thanks to:
- Sustainable travel technologies promoting green choices.
- Mobility as a Service (MaaS): Integrating different modes of transport.
- Autonomous vehicles: Facilitating personalised transfers and tours.
- Aviation of the future: Promises the return of supersonic flight and new forms of advanced air mobility.
Disruptive innovations
The cutting-edge innovations that could redefine tourism include:
- Smart cities: Optimising urban living and visitor experience.
- Quantum computing: Will solve complex problems very quickly.
- Nuclear fusion: Offering clean, sustainable energy.
- Space tourism: ushering in a new era of extraordinary experiences.