Risk in Contemporary Economy 2019
DOI: 10.35219/rce206705327
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Tourism and Travel can Effectively Benefit from Technologies Associated with Industry 4.0

Abstract: Connecting many products to the Internet, presence of sensors, wireless communications expansion, robot and intelligent machine development, real-time data analysis have the potential to transform how travel and tourism are made. The benefits of developing intelligent applications in the field of tourism consist in recognizing enabling technologies as a real catalyst in driving business efficiency for the coming years. This paper highlights the fact that Artificial Intelligence (AI), Internet of Things (IoT), … Show more

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Cited by 5 publications
(4 citation statements)
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“…Refs. [21,22] both underscore the importance of innovation and the integration of technology in the tourism sector, with the former focusing on the relationship between tourism innovation and business competitiveness, and the latter emphasizing the potential for technologies like AI, IOT, and robotics to transform travel and tourism.…”
Section: Impact Of Industry 40 On the Tourism Workforcementioning
confidence: 99%
“…Refs. [21,22] both underscore the importance of innovation and the integration of technology in the tourism sector, with the former focusing on the relationship between tourism innovation and business competitiveness, and the latter emphasizing the potential for technologies like AI, IOT, and robotics to transform travel and tourism.…”
Section: Impact Of Industry 40 On the Tourism Workforcementioning
confidence: 99%
“…It is difficult for machines to predict accurately because of data insufficiency (Grundner and Neuhofer, 2021). The adoption of AIR requires good network infrastructure, and in many geographical areas, people face connectivity issues (Mazilescu, 2019). Moreover, most of the AI-enabled devices are trained in common languages such as English, French or Mandarin, making them unable to take instructions in other languages (Grundner and Neuhofer, 2021).…”
Section: Barriers Of Artificial Intelligence and Robotics Adoptionmentioning
confidence: 99%
“…Although the adoption of a circular economic model remains complex and requires the creation of circular (and smart) ecosystems through collaborative action, the technological revolution in Tourism 4.0 can potentially accelerate the transition to a circular economy by utilizing emerging technologies to reuse, repair, recycle, ( Mazilescu, 2019) etc.…”
Section: Literature Reviewmentioning
confidence: 99%