Patent ID: 7788116
Filing Date: 2010-08-31
Classification: G06Q

Abstract:
1. A method for facilitating an assessment of travel savings comprising: creating, by a computer for facilitating said assessment of said travel savings, a plurality of multi-dimensional travel sectors based on first travel data, wherein said first travel data is related to known entities, wherein first travel data comprises historical information including air carrier, airport pair, ticket origin and service class; determining a size of each of said known entities, wherein size is determined as a sum of all said multi-dimensional travel sectors for each respective entity multiplied by a total travel spend for each respective entity; determining a destination type and a service class spend for said respective entity; creating a plurality of clusters based upon said first travel data, said size, said destination type and said service class spend; receiving, at said computer, second travel data associated with a new entity; assigning, at said computer, said new entity to one of said plurality of clusters based upon said second travel data to create an assigned cluster, wherein said second travel data comprises said air carrier, said airport pair, said ticket origin and said service class; and, estimating, by said computer, published fares based upon travel sector pairs and travel frequency, wherein said travel sector pairs and said travel frequency are associated with at least one of said first travel data, said second travel data, or said assigned cluster; generating, at said computer, a potential of savings (POS) for said new entity based on said assigned cluster and said published fares.