Patent ID: 8615422
Filing Date: 2013-12-24
Classification: G06Q

Abstract:
1. A method of setting a first airline fare, the method comprising: automatically receiving, using one or more computer systems, data associated with other airline fares from one or more data sources, wherein the one or more data sources comprise at least one of a global distribution system (GDS) and a computer reservation system (CRS); automatically detecting, using the one or more computer systems, a pattern within the received data; automatically selecting, using the one or more computer systems, a price matching strategy based on the detected pattern; wherein the selected price matching strategy comprises at least one of a first price matching strategy and a second price matching strategy; automatically creating, using the one or more computer systems, one or more pricing rules associated with the selected price matching strategy; automatically generating, using the one or more computer systems, a pricing action based on the selected pricing strategy; wherein automatically generating the pricing action based on the selected pricing strategy comprises: automatically implementing, using the one or more computer systems, the pricing action to thereby set the first airline fare.