Unlock instant, AI-driven research and patent intelligence for your innovation.

System and process for dynamic rental pricing of inventory at sporting and entertainment facilities

A technology for entertainment facilities and inventory, applied in the direction of payment architecture, buying/lease transactions, handling coins or valuable banknotes, etc.

Pending Publication Date: 2021-01-15
플라잉티테크엘엘씨
View PDF0 Cites 0 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

However, operators of such facilities do not have a system for pricing inventory based on real-time supply and demand for inventory

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • System and process for dynamic rental pricing of inventory at sporting and entertainment facilities
  • System and process for dynamic rental pricing of inventory at sporting and entertainment facilities
  • System and process for dynamic rental pricing of inventory at sporting and entertainment facilities

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0017] While the invention is susceptible to embodiments in many different forms, specific embodiments of the invention are shown in the drawings and will be described in detail hereinafter. It should be understood, however, that the disclosure is to be considered as an example of the principles of the invention and is not intended to limit the invention to the particular embodiments or algorithms described.

[0018] The present invention relates to a system and method for dynamic rental pricing of inventory at sports and entertainment facilities. In one aspect, the present invention electronically offers customers a reduced price to purchase after their original purchase time has expired using an algorithmic process based on real-time waitlists and / or future inventory usage based on reservations, group events, etc. Then continue to use the inventory at the facility. A computer or software service calculates a view of the inventory and remaining opening hours of the day set b...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

PUM

No PUM Login to View More

Abstract

This invention relates to a system and process for dynamic rental pricing of inventory at sporting and entertainment facilities, namely multi-level, multi-bay golf entertainment facilities. In one aspect, the invention electronically provides for a predetermined reduced price for guests to continue to utilize inventory after their original purchased time has expired using an algorithmic process based on a real-time waitlist and / or future inventory usage based on reservations, group events, etc. In another aspect, the invention electronically adjusts inventory pricing in real-time based on thepercent of inventory that is reserved versus available for a given day, date and / or time of day.

Description

[0001] Cross References to Related Applications [0002] This application claims the benefit of and priority to U.S. Provisional Patent Application No. 62 / 650,757, filed March 30, 2018, which is hereby incorporated by reference in its entirety. technical field [0003] The present invention relates generally to systems and methods for dynamic rental pricing of inventory at sports and entertainment facilities, such as multi-level, multi-bay golf entertainment facilities. Background technique [0004] The game of golf has been a popular hobby and leisure activity since it was invented centuries ago. Part of golf's popularity comes from the quest to master its various skills. Improving this skill requires frequent and consistent practice. Driving ranges are common places used for this type of practice. At a typical driving range, golfers practice their swing. Recently, a state-of-the-art driving range has been opened that combines traditional practice with entertainment and...

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to View More

Application Information

Patent Timeline
no application Login to View More
Patent Type & Authority Applications(China)
IPC IPC(8): G06Q30/06G06Q30/02G06Q50/10G06Q30/08
CPCG06Q10/087G06Q30/0202G06Q30/0283G06Q30/0645G06Q20/18G07F17/0042G06Q50/10G06Q30/08
Inventor 詹姆斯·福尔布雷希特杰里米·马修·卡弗约翰·福尔布雷希特
Owner 플라잉티테크엘엘씨