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TRAVEL FORECASTING AND ALLOCATING SYSTEM AND METHOD

  • US 20080133284A1
  • Filed: 12/03/2007
  • Published: 06/05/2008
  • Est. Priority Date: 12/05/2006
  • Status: Abandoned Application
First Claim
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1. A travel forecast and allocation computing system for prospective and other travel purchasers to access for requesting, receiving, and re-allocating rights to travel on passenger transportation vehicles, comprising:

  • (a) forecasting means for multiple travel purchasers each to register requests in the computing system, wherein a first request, of said requests, records a binding offer to purchase travel on a mooted first journey having criteria chosen by a first travel purchaser at a fare price predetermined by said first travel purchaser, and wherein said first request provides that it may or may not be accepted, and if accepted shall be converted to a respective first right to travel, whereby, if accepted, said first request shall be serviced by said first right to travel on said first journey, and(b) trading means for a second travel purchaser to facilitate selling of a second right of travel to a third travel purchaser, who in turn may sell said second right to travel to a fourth travel purchaser, and so forth, wherein said second right to travel was supplied as acceptance of a second request, by a travel provider, for travel on a second journey,whereby a travel purchaser may have an opportunity of re-allocating its purchased right to travel to one or another of travel purchasers by trading it, and whereby a travel provider may have an opportunity of efficiently allocating transport to service binding travel requests and have further opportunity of relief from providing changes to reservations.

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