The global tourism industry experienced a 39% decline in the number of artificial intelligence-related patent applications in Q3 2022 compared with the previous quarter. The total number of artificial intelligence-related grants dropped by 1% in Q3 2022, according to GlobalData’s whitepaper on Artificial Intelligence in Travel & Tourism – Patenting Activity in Q3 2022.
Notably, the number of artificial intelligence-related patent applications in the tourism industry was 111 in Q3 2022, versus 183 in the prior quarter.
Analysis of patenting activity by companies shows that Zhejiang Geely Holding Group filed the most artificial intelligence patents within the tourism industry in Q3 2022. The company filed 3 artificial intelligence-related patents in the quarter, compared with 0 in the previous quarter. It was followed by Ford Motor with 3 artificial intelligence patent filings, Inspirato (2 filings), and StubHub (2 filings) in Q3 2022.
The largest share of artificial intelligence related patent filings in the tourism industry in Q3 2022 was in the US with 36%, followed by China (25%) and South Korea (10%). The share represented by the US was 5% lower than the 41% share it accounted for in Q2 2022.