SYSTEM AND METHOD FOR PREDICTIVE BOOKING OF RESERVATIONS BASED ON HISTORICAL AGGREGATION AND EVENTS
First Claim
1. ) A method comprising:
- Surveying prices paid for traveler purchases or reservations to identify price increases for travel purchases or reservations, wherein the price increases include a increase in a price of a travel purchase during an identified period of time;
Identifying a correlation between identified price increases for travel purchases or reservations and identified events;
predicting of future price increases in select travel bookings based on the identified correlation between the identified price increases for travel purchases or reservations and identified events; and
determining whether to purchase or reserve a set of travel bookings based on the predicting of the future price increases.
14 Assignments
0 Petitions
Accused Products
Abstract
In one embodiment, a method that can be performed on a system, is provided for predictive booking or reservations based on historical aggregation and events. In one embodiment, the method comprises surveying prices paid for traveler purchases or reservations to identify price increases for travel purchases or reservations, wherein the price increases include a increase in a price of a travel purchase during an identified period of time; identifying a correlation between identified price increases for travel purchases or reservations and identified events; predicting of future price increases in select travel bookings based on the identified correlation between the identified price increases for travel purchases or reservations and identified events; and determining whether to purchase or reserve a set of travel bookings based on the predicting of the future price increases.
-
Citations
20 Claims
-
1. ) A method comprising:
-
Surveying prices paid for traveler purchases or reservations to identify price increases for travel purchases or reservations, wherein the price increases include a increase in a price of a travel purchase during an identified period of time; Identifying a correlation between identified price increases for travel purchases or reservations and identified events; predicting of future price increases in select travel bookings based on the identified correlation between the identified price increases for travel purchases or reservations and identified events; and determining whether to purchase or reserve a set of travel bookings based on the predicting of the future price increases. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
-
-
11. ) A machine readable medium having stored thereon a set of instructions which when executed perform a method comprising:
-
Surveying prices paid for traveler purchases or reservations to identify price increases for travel purchases or reservations, wherein the price increases include a increase in a price of a travel purchase during an identified period of time; Identifying a correlation between identified price increases for travel purchases or reservations and identified events; predicting of future price increases in select travel bookings based on the identified correlation between the identified price increases for travel purchases or reservations and identified events; and determining whether to purchase or reserve a set of travel bookings based on the predicting of the future price increases. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20)
-
Specification