How Geocoding Technologies Are Changing the Travel Industry
Digital technologies have been transforming not only countless industries worldwide but also the way people interact with the world. Planning a trip these days is nothing like it was a decade ago. Travel companies have been leveraging technologies like geocoding to expand their business and provide more value to their customers.
The benefits are many. Geocoding services, like those provided by egon.com , help customers create more effective trip plans, manage online bookings, and find services nearby with digital maps. Yet, there’s more. Here’s how geocoding technologies can make your travel go further.
The Best Travel Companion
Exploring new places can be a lot of fun, but doing so without guidance leaves room for several inconveniences. How do you move around a town you don’t know without updated maps? How do you find restaurants nearby when you’re hungry? Where can you find the best accommodation for your travel plans?
Geocoding has the answer to all of those questions. Indeed, what means comfort and convenience for customers also means profit for the travel companies. Online booking platforms’ revenue estimates revolve around USD 1 trillion by 2030. Indeed, these companies are a substantial part of the travel industry.
New Ways To Travel
The travel industry is expected to reach a revenue of USD 916 billion globally in 2024, pointing to an upward trend until 2029. Here are some of the most important benefits geocoding technologies bring to this industry.
Virtual Reality Tours
Geocoding allows the creation of virtual 360-degree tours of landmarks using VR headsets. Unlike video games or the metaverse, which use CGI, this kind of tour uses real-world imagery, creating a deeply immersive experience. The same technology can also be used to see how your accommodation looks before booking it.
AI Travel Assistants
Arguably, searching for flights and accommodation is the least fun part of traveling. Luckily, travelers no longer need to do so manually. AI travel assistants can book flights, rooms, and rental cars and also give valuable tips and insights about your destination. Many travel companies, like Skyscanner, Booking.com, and Expedia, also rely on AI chatbots to handle operations.
Trip Planning
Geocoding has transformed the way people interact with their surroundings, delivering accurate and customizable maps. It also helps travelers organize their itineraries and visualize the location before arriving. Additionally, geocoding apps can give tips about local points of interest in your area.
Mobile Maps
It’s pretty rare to see someone using a paper map to walk around the city these days. Every smartphone has a GPS location and updated maps of nearly every city in the world. Travelers can also buy a local eSIM, which provides precise location tracking to ensure they have an internet connection wherever they go.
Conclusion
Geocoding is revolutionizing the travel industry, providing more comfort and safety for customers and allowing booking companies to offer tailored services. Exploring new destinations is much easier now, and travelers no longer need to feel lost, even in the most remote locations.
