Key Points
- The competition between hotels and online travel companies over customer ownership is intensifying in the era of generative AI.
- Industry leaders emphasize the importance of hotels improving their content and data to attract and retain travelers.
- Despite advancements in AI and the dominance of Google, metasearch platforms like Kayak still see a strong need for value and price comparison.
Summary
The article explores the ongoing competition between hotels and online travel companies for customer loyalty and control in the age of generative AI. Industry leaders like Cloudbeds CEO Adam Harris and Kayak’s chief product officer Matthias Keller discuss the challenges and opportunities AI presents, highlighting the need for hotels to enhance their content and data strategies. Despite fears that AI could diminish the relevance of travel metasearch, executives argue that traveler loyalty and the search for value will continue to sustain platforms like Kayak, even amid Google’s growing dominance.