The days of going through a travel agent are long gone. Utrip is a new platform that utilizes A.I. and big data to help users create their dream vacations all around the world.
Gilad Berenstein is the CEO of Utrip. He joins Cheddar to explain how consumers can choose preferences on the Utrip platform to plan their ideal vacation. With data and a continually learning system thanks to machine learning, Utip can combine all the work of Expedia, Yelp, Travel Blogs, and the like, all into one site.
In terms of trends, Berenstein says he sees a lot of millennials trying to go to more unique destinations. For Berenstein's travel dreams, his next destination is Cuba.
Stocks fell in the opening session Tuesday as earnings reports continued to pour in and as investors brace for the Federal Reserve's interest-rate decision on Wednesday.
A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments that Americans themselves have expressed in opinion polls.