Chinese travelers will likely take 1.7 billion trips and spend $1.8 trillion by 2030. Forward-looking companies in the travel and tourism industry are developing strategies for gaining a share of this booming market. Competition for business is fierce, often playing out between major international brands and aggressive Chinese challengers.
Four cutting-edge solutions have the potential to transform future travel and transportation. But while these solutions draw largely on existing technology, they face significant implementation hurdles.