, admit to using it, which is why the prices of their flights or holidays surge instantly when lots of people are searching and booking with them
Usually this is based on the data available on their own website - ie, the people currently searching or booking with them.Apart from data found on its own website, travel firms can use AI to scrape the internet for other information it can use to adjust prices in real time. This can include everything from global news and local events to weather predictions and trending Google searches
Angela Zutavern, managing director at AlixPartners, told NYT that even social media posts could affect prices.For example, if Ariana Grande has just announced a concert in Paris, the prices of flights and hotels could have been hiked up before you even book your tickets for the gig. Or if lots of influencers suddenly starts posting photos of one hotel, the prices to that property could go up.Unfortunately, because prices can change so quickly, it's hard for consumers to keep up., which will email you with price changes.
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Source: Cosmopolitan UK - 🏆 134. / 51 Read more »
Source: Cosmopolitan UK - 🏆 134. / 51 Read more »