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.

The top five companies accounted for 11% of patenting activity

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.

Patenting activity was driven by the US with a 36% share of total patent filings

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.

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Patent Analytics tracks patent filings and grants from official offices around the world. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.