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Travel Fraud Protection: Key Types of Travel Scam, Protective Measures, and Software to Consider

Altexsoft

Besides, due to the specific nature of the industry with high-value one-off payments, a big number of businesses across the world, and rapid customer consumption of services, the travel and hospitality sector is a huge target for fraud. In 2019, the travel and hospitality industry accounted for a whopping 10.3 percent of global GDP.

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AI in Short-Term Rentals: How Machine Learning Shapes STR

Altexsoft

By analyzing digital images and videos, these algorithms can identify objects, track movement, and even create 3D models of scenes. The short-term rentals (STR) market has been expanding rapidly in recent years, with popular vacation rental platforms like Airbnb, Booking.com, and VRBO transforming how people travel and lodge.