Vendors and tech

Booking Holdings leverages AI to cut service costs and boost bookings

Based on · First reported

Booking Holdings leverages AI to cut service costs and boost bookings
Image: fortune.com
  • Booking Holdings' chief financial officer Ewout Steenbergen said AI hyperscalers are still guessing their return on investment, and the company is learning from an internal "AI coach" while redesigning its processes from scratch.
  • The AI overhaul has coincided with a slight decline in customer‑service costs, a rise in customer‑satisfaction scores, and bookings increasing at a high‑single‑digit rate; its 9,000 engineers are delivering 30% more code into production, the firm spends $8‑9 billion annually on paid search, social and metasearch channels, and about 1% of total room nights now come from large‑language‑model referrals.

Why it matters

Higher booking growth and lower service costs suggest AI can improve revenue management and operational efficiency for travel sellers.

Read the original

How we use AI · Report an error

In this story

Welcome back

Enter your email and password.

New to Terminair?