Infosys Metaverse Foundry for Travel and Hospitality

The travel and hospitality industry are poised for a huge disruption. As the industry emerges from a pandemic-induced slowdown, the demand has risen to pre-pandemic levels indicating a promising future. Between 2020 and 2040, air passenger traffic is expected to increase at an annual rate of 3.3%, with most travelers belonging to the millennial and Gen Z segments. The cargo volumes are also expected to grow by 50% by 2030.
With this, metaverse has the potential to revolutionize the travel and hospitality industry by making it easier for people to choose their vacations wisely, connect with other travelers and find information about travel destinations enhancing customer experience.