Hopper operates one of the world’s most innovative travel booking apps
The Lufthansa Group and the Lufthansa Innovation Hub have entered into a research alliance with Hopper focused on the subject of artificial intelligence.
They have thus finalized their third technology-related investment within a year, following investments in the startups Fleet Logistics and cargo.one.
Founded in Montreal, Canada in 2007, Hopper operates one of the world's most innovative travel booking apps.
By leveraging powerful machine learning and AI, Hopper's proprietary technology accurately predicts flight and hotel prices and offers its users personalized recommendations at the optimal booking time, as well as alternative travel offers.
With this research project – in which the Lufthansa Group is making a multi-million-dollar investment – the two companies are establishing a long-term collaboration regarding predictive analytics models and flight-demand forecasting.
In addition, the project will utilize AI to learn customers' preferences on a much deeper level in order to provide personalized recommen¬dations about additional services or upgrades.
Supported by the partnership with the Lufthansa Group, Hopper continues with the technological development of its services.
Following the company’s recent US $100 million financing round, Hopper will also continue to grow its global market presence as part of its international expansion efforts.
Hopper's European rollout is scheduled to start in mid-2019.
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