BizTrip.AI, makers of AI-powered travel management technology, has officially emerged out of stealth at the Global Business Travel Association Convention in Denver.
According to certain reports, BizTrip.AI arrives on the scene bearing an ability to simplify, and at the same time, enhance corporate travel on the back of intelligent solutions, designed to serve frequent business travelers, corporations, travel management companies (TMCs), and online booking tools (OBTs).
More on that would reveal how this particular platform is meant to play the role of a personal concierge for business travelers. In practice, this translates to conceiving insightful, personalized experiences, while simultaneously optimizing management costs by allowing travel planners to chat directly with an automated personal assistant.
Markedly enough, BizTrip.AI leverages, at launch, historical data and preferences to anticipate traveler needs, as well as deliver relevant, tailored options for air, lodging, and ground transportation that are compliant with corporate travel policy.
The overall idea here is to improve adherence to corporate policy, reduce booking leakage. and also cut down on agent-touched transactions.
As for costs, with BizTrip.AI, customers can achieve up to 8% in travel cost savings, including up to 4% through persistent price tracking and re-shopping, along with another 4% through reduced fees. Beyond that, the product also provides employees with a seamless travel and planning management experience to achieve higher satisfaction and productivity.
The technology in question is already in trial with several large enterprise organizations, including Moderna and Colorado-based TMC i.e., Cain Travel.
“BizTrip.AI allows for any corporate traveler at any level to have their own executive assistant at the ready to manage their business travel,” said Tom Romary, CEO and co-founder of BizTrip.AI. “It also represents an opportunity for TMCs, OBTs and others that plan, book and manage travel to achieve more in the absence of having a large team. There’s significant value delivered to corporations by saving time, reducing ‘high-touch’ work, and delivering consistent price monitoring and re-shopping.”
Talk about the whole value proposition on a slightly deeper level, we begin from the solution’s intelligent recommendation engine, which is well-equipped to simultaneously consider traveler preferences, company policies, and trip context. Furthermore, the stated engine can explain the reasoning behind its recommendations to foster complete transparency.
Next up, there is potential for proactive trip planning. This particular feature can scan calendars for upcoming meetings that ask for some degree of travel. Alongside that, it can also initiate planning conversations at optimal booking windows.
Then, there is a facility dedicated to dynamic itinerary management, something which is inclusive of creating a unified view for multi-supplier bookings and detecting calendar changes that may require travel adjustments.
The stated facility also seamlessly facilitates seamless rebooking across suppliers.
“In addition to automating routine travel logistics tasks, BizTrip.AI further demonstrates a deep understanding of personal travel preferences that even human travel agents often miss,” said Andrew Ng, co-founder of BizTrip.AI. “Tom Romary and Scott Persinger have built technology that perceives, for instance, if a traveler prefers an aisle or window seat. BizTrip.AI’s agentic travel system brings simultaneous efficiency and hyperpersonalization to the travel experience.”
Hold on, we still have a few bits left to unpack, considering we haven’t yet touched upon the prospect of AI-powered policy management. This entails presenting policy-compliant options by default, providing transparent policy indicators, and enabling AI-driven exception handling for urgent situations.
We also haven’t touched upon the potential for continuous price tracking and re-shopping. As a result, users can monitor prices after booking to capture savings when rates drop. In case that wasn’t enough, they can also apply pre-negotiated corporate rates and ensure the best value, all while automatically securing credits or refunds when eligible
Rounding up highlights would be an aspect revolving around comprehensive inventory access which connects users to global air, hotel, and ground transportation option.
“We’re committed to leveraging AI to drive smarter, more efficient travel operations, and integrating BizTrip.AI into our corporate travel platform is a natural progression of that strategy,” said Jennifer Steinke, Director Travel, Meetings & Fleet Travel at Moderna. “BizTrip.AI enhances our airfare and hotel booking processes, automates price tracking and re-shopping, and allows our employees to stay focused on what matters most.”