BukProtocol - Travel AI Agent

Why AI-Powered Travel Agents Are the Future

The global online travel market, valued at $600B in 2023, is projected to reach $1.2T by 2032 at a 7% CAGR.
As consumer preferences shift towards AI-crafted itineraries and personalization in travel becomes a competitive edge.

3/ The personalized travel market alone, valued at $91.2B in 2020, is expected to reach $447.3B by 2030, growing at 17.8% CAGR. Consumers are demanding AI-driven, hyper-personalized itineraries—a gap traditional platforms fail to address.

4/ BukProtocol introduces a paradigm shift. By leveraging AI-powered Computer Use Agents, it automates the entire travel booking journey:

▫️AI-driven itinerary curation based on past travel history
▫️Live price comparison across multiple platforms
▫️Real-time price negotiation with service providers
▫️Web3-integrated payments for seamless transactions

5/ AI’s role in travel booking is expanding:

▫️52% of travel companies plan to implement AI-based personalization by 2025.
▫️AI-powered bookings are expected to account for 30% of all online reservations by 2026.
▫️Over 50% of surveyed travel companies are already using generative AI for booking assistance.

6/ With AI reshaping booking user journeys and consumer demand for personalization rising, traditional platforms will have to adapt in sync with AI-native solutions.

2/ Despite this growth, the travel industry remains highly fragmented:

▫️Travelers use 4+ platforms on average to book flights, hotels, and experiences.
▫️Price discrepancies across platforms lead to suboptimal booking decisions.
▫️70% of travelers prefer AI-assisted recommendations, yet most platforms still rely on static search models.