Pareteum for Travel Industry
Connectivity technologies like Wi-Fi, SMS, and the Internet of Things (IoT) play a critical role in the travel industry. They enable airlines to send flight notifications, hotels to send booking confirmations, online travel agencies to send promotions, and more.
In 2020, travel and tourism contributed approximately $4.7 trillion U.S. dollars to global GDP. (Statista)
In 2022, worldwide business travel spending is expected to jump by 37% to over $1 trillion U.S. dollars. CNBC
Nearly half (40%) of corporate business trips are extended for leisure purposes. Finance Online
Travel in the Era of Connectivity
These days, travellers expect to be connected no matter what — whether they are on the way to the airport, grabbing a coffee at the café next to their gate, or flying 31,000 feet over the Atlantic Ocean.
So, unsurprisingly, travel businesses of all types — from airlines to online travel and vacation rental companies — are looking for ways to leverage connectivity technologies like Wi-Fi, cellular, IoT, SMS, and more.
They have focused on:
- Using Wi-Fi to generate brand loyalty.
- Leveraging SMS and other digital channels for timely engagement and effective promotions.
- Using traveller insights to make informed marketing and brand partnership decisions.
Introducing Pareteum for the Travel Industry
Pareteum offers a full suite of connectivity products and solutions for airlines, travel brands, vacation rental companies, TravelTech companies, enterprises, and countless other business operating in the travel industry!