AI in Hospitality and Tourism Market Size, Share & Trends Analysis Report, By Type (Natural Language Processing Applications, Machine Learning Algorithms, Computer Vision and Image Recognition, Chatbots and Virtual Assistants, Recommendation Systems, Sentiment Analysis) By Application; By End-User, By Region, Forecasts, 2025-2034

Report Id: 2754 Pages: 180 Last Updated: 23 June 2025 Format: PDF / PPT / Excel / Power BI
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Global AI in Hospitality and Tourism Market Size was valued at USD 2.9 Bn in 2024 and is predicted to reach USD 36.5 Bn by 2034 at a 28.9% CAGR during the forecast period for 2025-2034.

Artificial Intelligence (AI) in hospitality and tourism pertains to the utilization of AI technology to improve the overall experience, efficiency, and personalization in these industries. This involves using AI to manage operations, market, provide customer service, and analyze data, among other tasks. The hospitality and tourist industries may optimize their operations and spur growth by incorporating AI technologies, providing clients with more efficient, memorable, and personalized experiences. Visitors look for distinctive and customized experiences. AI assists in the analysis of consumer data to deliver personalized services and recommendations that increase customer loyalty and satisfaction.

Hospitality and Tourism Market

The market growth is being driven by several factors including technological advancements, increasing demand for personalization, operational efficiency and cost reduction, enhanced customer service, integration of big data analytics and many others. However, high costs and privacy and security concerns are expected to hinder market growth during the forecast period.

Competitive Landscape

Some of the Major Key Players in the AI in Hospitality and Tourism Market are:

  • IBM Corporation
  • Google LLC
  • Amazon Web Services (AWS)
  • Microsoft Corporation
  • Oracle Corporation
  • Salesforce.com, Inc.
  • SAP SE
  • Intel Corporation
  • NVIDIA Corporation
  • Alibaba Group Holding Limited
  • Huawei Technologies Co., Ltd.
  • Accenture PLC
  • Cisco Systems, Inc.
  • Travelport Worldwide Limited
  • Amadeus IT Group S.A.
  • Expedia Group, Inc.
  • Airbnb, Inc.
  • Tripadvisor, Inc.
  • Booking Holdings Inc.
  • Agoda Company Pte. Ltd.
  • Ctrip.com International, Ltd.
  • MakeMyTrip Limited
  • TripAdvisor, Inc.
  • Kayak Software Corporation
  • Trivago N.V.
  • Others

Market Segmentation:

The AI in hospitality and tourism market is segmented based on type, application, and end user. Based on type, the market is segmented as natural language processing, machine learning algorithms, computer vision and image recognition, chatbots and virtual assistants, recommendation systems and sentiment analysis. By application, the market is segmented into customer service and support, personalized marketing and advertising, hotel and room booking systems, virtual concierge services, smart guest room automation, data analytics and business intelligence and revenue management and pricing optimization. Based on end users, the industry is bifurcated into hotels and resorts, airlines and airports, travel agencies and tour operators, restaurants and food service providers, cruise lines and maritime tourism and online travel platforms and booking websites.

Based On Type, The Chatbots And Virtual Assistants Segment Is Accounted As A Major Contributor To The AI In Hospitality And Tourism Market

The chatbots and virtual assistants segment is expected to hold a major share of the global AI in hospitality and tourism market. Without requiring human assistance, chatbots and virtual assistants offer 24/7 customer support by managing questions, reservations, and other duties. This guarantees that visitors may get help whenever they need it, improving their entire experience. These artificial intelligence (AI) products are especially useful in the global hospitality and tourism sector where visitors come from a variety of linguistic backgrounds since they can be taught to understand and reply in numerous languages. The market is growing because of these uses.

The Customer Service and Support Segment Witnessed Growth at a Rapid Rate

Customer service and support are projected to grow at a rapid rate in the global AI in hospitality and tourism market. Artificial intelligence (AI)-powered customer support platforms may resolve typical problems including check-in information, cancellation rules, and booking revisions as well as frequently asked questions (FAQs) without requiring human assistance. AI may also prioritize and triage requests for more complicated problems, sending them to the right human agents and increasing the effectiveness of the customer care process.

In the Region, North America AI in Hospitality and Tourism Market Holds a Significant Revenue Share.

The North America AI in hospitality and tourism market is expected to register the highest market share in terms of revenue in the near future. High adoption rates of AI technologies, a strong emphasis on improving customer experience, and sophisticated technological infrastructure are driving the industry's major expansion in North America's hotel and tourism sector. The area is home to numerous cutting-edge startups and top IT firms that are accelerating the adoption of AI in the travel and hospitality industries. In addition, Asia Pacific is projected to grow at a rapid rate in the global AI in hospitality and tourism market due to rapid digital transformation. Moreover, travel destinations in the Asia Pacific area are among the fastest growing in the globe, with China, Japan, Thailand, and Australia leading the way in terms of foreign visitor arrivals. The need for cutting-edge AI solutions to handle the growing number of tourists and improve their experiences is fueled by this growth.

Recent Developments:

  • In June 2024, the travel IT company Amadeus added a chatbot to its Agency360 Plus data tool as the first step toward integrating Generative AI into its portfolio of business intelligence solutions. The chatbot will be able to respond to queries and requests for data in "natural language" and give hotel companies access to agency and corporate booking data via Microsoft's Azure OpenAI Service.

AI in Hospitality and Tourism Market Report Scope

Report Attribute Specifications
Market Size Value In 2024 USD 2.9 Bn
Revenue Forecast In 2034 USD 36.5 Bn
Growth Rate CAGR CAGR of 28.9% from 2025 to 2034
Quantitative Units Representation of revenue in US$ Bn and CAGR from 2025 to 2034
Historic Year 2021 to 2024
Forecast Year 2025-2034
Report Coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments Covered By Type, By Application, By End-user and By Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country Scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea
Competitive Landscape IBM Corporation, Google LLC, Amazon Web Services (AWS), Microsoft Corporation, Oracle Corporation, Salesforce.com, Inc., SAP SE, Intel Corporation, NVIDIA Corporation, Alibaba Group Holding Limited, Huawei Technologies Co., Ltd., Accenture PLC, Cisco Systems, Inc., Travelport Worldwide Limited, Amadeus IT Group S.A., Expedia Group, Inc., Airbnb, Inc., Tripadvisor, Inc., Booking Holdings Inc., Agoda Company Pte. Ltd., Ctrip.com International, Ltd., MakeMyTrip Limited, Kayak Software Corporation, Trivago N.V., and Others.
Customization Scope Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape.
Pricing And Available Payment Methods Explore pricing alternatives that are customized to your particular study requirements.

Segmentation of AI in Hospitality and Tourism Market

AI in Hospitality and Tourism Market- By Type

  • Natural Language Processing
  • Machine Learning Algorithms
  • Computer Vision and Image Recognition
  • Chatbots and Virtual Assistants
  • Recommendation Systems
  • Sentiment Analysis

ai in hospitality

AI in Hospitality and Tourism Market- By Application

  • Customer Service and Support
  • Personalized Marketing and Advertising
  • Hotel and Room Booking Systems
  • Virtual Concierge Services
  • Smart Guest Room Automation
  • Data Analytics and Business Intelligence
  • Revenue Management and Pricing Optimization

AI in Hospitality and Tourism Market- By End User

  • Hotels and Resorts
  • Airlines and Airports
  • Travel Agencies and Tour Operators
  • Restaurants and Food Service Providers
  • Cruise Lines and Maritime Tourism
  • Online Travel Platforms and Booking Websites

AI in Hospitality and Tourism Market- By Region

North America-

  • The US
  • Canada

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

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Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

AI in Hospitality and Tourism Market Size was valued at USD 2.9 Bn in 2024 and is predicted to reach USD 36.5 Bn by 2034

AI in Hospitality and Tourism Market is expected to grow at a 28.9% CAGR during the forecast period for 2025-2034.

IBM Corporation, Google LLC, Amazon Web Services (AWS), Microsoft Corporation, Oracle Corporation, Salesforce.com, Inc., SAP SE, Intel Corporation, NV

Type, Application and End-user are the key segments of the AI in Hospitality and Tourism Market.

North America region is leading the AI in Hospitality and Tourism Market
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