TRAVEL MARKET BROKER SYSTEM

• US 20040260581A1
• Filed: 03/10/2004
• Published: 12/23/2004
• Est. Priority Date: 08/23/2001
• Status: Abandoned Application

• Current Assignee: Liberty Peak Ventures, LLC (Dominion Harbor Enterprises, LLC)
• Original Assignee: American Express Travel Related Services Company, Inc. (American Express Company)
• Inventors: Baranowski, James A., Laughlin, Michael Keith, Winterton, Andrew, McCulloch, Mark B.
• Application Number:
  US10/708,542
• Publication Number:
  US 20040260581A1
• Time in Patent Office: Days
• US Class Current: 705/5
• CPC Class Codes: G06Q 10/02 Reservations, e.g. for tickets, services or events
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G07F 7/1008 Active credit-cards provided with means to personalise their use, e.g. with PIN-introduction/comparison system

Abstract

A system and method providing an integrated travel market broker system for facilitating transactions between travel services suppliers and buyers. The system comprises a network with hub sites that provide a centralized connection for Global Distribution Systems/Computer Reservation Systems, travel vendors, and travel office point of service terminals.

Claims

1. A system for facilitating transactions among travel service suppliers and travel service buyers, the system comprising:

an integrated travel network;

at least one Global Distribution System connected to the network;

a travel broker database connected to the network, wherein the travel broker database is configured for access by the travel service suppliers and the travel service buyers;

a travel history database connected to the network, wherein the travel history database is configured to store information about the transactions; and

at least one point of service terminal connected to the network, wherein the point of service terminal is configured to access the broker database and the travel history database.