This blog includes information for the travel tech startups and entrepreneurs. Read on important lessons that can be learned from Hopper, AI-based travel app. Let’s see what’s inside?
Whenever it is about “traveling”, the first thing, which usually strikes in our mind is – Airbnb. The company has already set the standards, and become a million-dollar company. Well, travel apps do not only claim to save huge money and time, but it also claims to show the results of the lowest airfares in order to maximize the savings.
As we’re talking about the lowest airfare prediction apps, then we can’t forget to mention about the mobile-only travel booking app, which is named as Hopper. As per the latest report from TechCrunch, “The travel booking startup, Hopper has raised $100 million in Series D round of funding that led by OMERS.” According to the same source, it is also said that this startup is close to 1 billion Canadian dollars (780 million in U.S. dollars).
Image Source: techcrunch
Before knowing some more interesting facts about AI-based travel app – Hopper, let us quickly go through with the market size of travel and tourism industry.
The travel tech giants have already transformed the travel industry. However, the main reason behind the success of all the tech giants is providing their customers with a set of key features via travel app. It is important not to neglect the key features if you are planning to create an app like flight Hopper app. So, here are the features, which can help your app users to shape their travel plans:
Image Source: hooper
If you as a travel tech startup are planning to create an airfare prediction app, then you need to focus on the key features, which can be considered while developing a travel app like Hopper.
AI-based travel app like Hopper has big records of spontaneous growth. The travel app has provided some hefty competition when it comes to the mobile-only platform for airfare price prediction and compares the airfare prices. The Hopper company has also analyzed the pain points of its consumers like not getting right and affordable airfare as what they expect, not getting notifications when the airfares are low, and predictions of flights with the lowest money possible.
Image Source: hopper
However, the application has analyzed the pain points of their app users and provided solutions for the same. Travel app like Hopper has also predicted future flight price with up to 95% accuracy a year in advance. This is something a unique and valuable solution by Hopper, which is worth considering while developing flight booking app like Hopper.
Hooper has a unique approach and a radical business model and there is no room for doubt in that every travel tech startup replicates Hopper’s business model. To get Hopper-like success, it is important to have a radical business model. Above all, you need to stick to a simpler business model, which would help you to grow your Hopper-like business at a fast pace.
Image Source: inc
So, to develop travel app like Hopper, you can give your customers the simplest ways to search and books flights in advance at affordable costs as what they have been not getting so far.
Furthermore, you just need to keep in mind that a radical business model is a key to success. According to Hopper, the company’s core strength is to focus on only one platform i.e mobile only. By doing so, it helps Hopper to grow in the usage of Smartphones across App Stores.
Currently, the travel industry is valued at $1.3 trillion, and out of which the online reports for $662 billion, and the mobile is $264 billion.
Here, the important thing to notice is that the mobile has become the dominant platform for the wider platform. In addition, the mobile travel is also growing 20% year over year.
Thus, it’s safe to say that the travel sector is majorly dominated by the smartphones.
So, if you are ready with your travel app idea, which you want to cross-verify, then you can discuss it with us we are a leading Android app development company. And, we’ve already developed over 3500 mobile apps with different features and functionalities like real-time GPS tracking, cross-platform ability, multi-lingual support, payment gateway integration, social media integration, and visual calendar.
In case, if you still have any query or confusion regarding travel apps development or how much does it cost to develop a flight booking app like Hopper, then you can get in touch with us through our contact us form. One of our sales representatives will revert to you within 48 hours. The consultation is absolutely free of cost.
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