Vacation Packaging Configurator with Real-Time Pricing
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Solution Overview
Problem
Current travel itinerary software is inefficient in allowing users to select all desired aspects of a vacation package at the lowest available price, with limited flexibility in dates and options, and often requires users to navigate multiple websites and platforms.
Innovation Solution
A system and method for structuring and booking vacation packages using a processor-based platform that includes a vacation packaging engine, a real-time package availability and pricing module, a booking engine, and a multifactorial AI decision support algorithm, which allows users to select and book vacation packages in real-time with dynamic pricing adjustments and personalized recommendations.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Adaptability or versatility
If users rely on multiple websites and platforms to book travel components, then they can access various travel options, but the booking process becomes time-intensive and complex
Solution Approach 1:
The patent combines multiple travel booking platforms and services into a single integrated vacation packaging configurator system. The system aggregates hotel bookings, airfare, rental cars, golf outings, and spa retreats from multiple third-party providers into one unified interface, allowing users to access diverse travel options without navigating multiple websites separately.
Solution Approach 2:
The vacation packaging configurator is designed as a universal platform that performs multiple functions: searching for travel components, comparing prices across providers, optimizing package combinations, and completing bookings. This multi-functional system replaces the need for users to interact with separate specialized platforms for each travel component.
2Adaptability or versatility
If users manually search and book each travel component separately, then they can customize their itinerary, but the process becomes extremely costly due to travel agency fees
Solution Approach 1:
The system enables users to self-configure their vacation packages by selecting from pre-aggregated travel components. The automated optimization algorithms handle the complex task of finding the lowest-cost combinations of hotels, flights, cars, and activities, eliminating the need for expensive human travel agents while maintaining full itinerary customization capability.
Solution Approach 2:
The patent replaces the mechanical system of human travel agents with an automated computer-based optimization system. The multifactorial AI decision support algorithm and vacation packaging engine automatically analyze numerous travel components and pricing options, substituting human expertise and labor with computational algorithms that achieve the same customization goal at lower cost.
3Ease of operation
If current travel itinerary software requires users to select parameters for a predetermined date, then the booking process is simplified, but the software becomes incapable of selecting every desired item at the lowest available price across multiple dates
Solution Approach 1:
The vacation packaging configurator dynamically adjusts pricing and availability across multiple date ranges rather than being fixed to predetermined dates. The system continuously queries real-time pricing data from third-party providers for various date options and dynamically reoptimizes package recommendations as users adjust their desired travel dates, maintaining both ease of operation and date flexibility.
Solution Approach 2:
The system allows users to modify key parameters such as travel dates, number of travelers, and budget constraints, and automatically reconfigures the vacation package recommendations based on these changes. The optimization algorithms recalculate the lowest-cost combinations when date parameters are adjusted, enabling flexible date range searching without complicating the user interface.
Data Source
AI summary
Described herein relates to a system of and method for optimizing structuring, booking, and/or viewing at least one travel itinerary, vacation package, and/or property package in real-time. The vacation package configurator system may automatically search and/or cache vacation topics, such as at least one wellness experiences and/or at least one property (e.g., a hotel). Additionally, the vacation package configurator may automatically combine the two aspects (e.g., a third-party jet ski tour and a king size bed room within a selected property) into bookable and/or dynamic packages. Accordingly, the vacation packages may be structured such that the vacation package configurator system may automatically verify the real-time pricing and/or availability of the selected vacation package and/or property package within the booking process. As such, in embodiments, a user may be enabled to make real-time bookings of the vacation package.