Travolution

💰 Corporate travel management is being revolutionized by AI, with predictive analytics for forecasting trends and costs, automated booking systems, and personalized recommendations. Advanced booking tools offer dynamic pricing and real-time fare adjustments. Expense management solutions automate reporting and streamline reimbursement while adhering to policies. Mobile apps provide updates and manage itineraries, whereas integrated risk management tools ensure traveler safety with real-time assessments and alerts. These technologies are essential for enhancing efficiency, safety, and satisfaction in corporate travel.

📍 Turkey-based Pegasus Airlines introduces AI-generated multilingual flight announcements in Spanish, Arabic, and Russian. The technology was developed by the Pegasus Innovation Lab in Silicon Valley, established last year. First trial on a Seville, Spain route was on September 24. AI system clones voices of Pegasus captains, providing updated flight information, weather, destination, captain's name, and flight duration before take-off.

🚗 Uber partners with WeRide for autonomous robotaxi service in UAE, set to launch initially in Abu Dhabi before 2023 end. Customers can opt for WeRide robotaxis via the Uber app. WeRide, which already operates the largest robotaxi fleet in UAE and received the country's first national licence for self-driving vehicles in July 2023, will not expand this service to the US or China. Uber and WeRide aim to provide affordable, sustainable, and safe mobility solutions globally.

📅 TMU Management, a data-driven insurance intermediary, reported a revenue increase of over 250% in its second year. The company, stemming from Trust My Group, provides risk management solutions to the travel industry. TMU equipped thousands of travel businesses with real-time data on risk exposure, expanding its product range to support banks and fintech. Revenue is expected to double in the third year, with new travel products launching in 2025. CEO Sami Doyle highlighted TMU's role in changing industry perception through data-driven risk management.