Learn how to save money on airfare through data-driven predictions and insights in this 27-minute conference talk by Patrick Surry, Chief Data Scientist at Hopper. Explore the challenges of buying plane tickets, understand price fluctuations, and discover strategies for finding the best deals. Gain valuable knowledge on when to buy tickets, how to leverage price variability, and the importance of continuous price monitoring. Understand Hopper's approach to providing transparent pricing information and personalized buying advice that can lead to average savings of 10% and up to 40% in some cases. Delve into the predictive methods used to determine optimal purchase times and learn about factors influencing airfare prices, including advance pricing patterns and seasonal trends.
Overview
Syllabus
Intro
BUYING AIRFARE IS HARD
HOPPER APP
YOU'RE DOING IT WRONG
PRICE VARIATION
PREDICTABLE ADVANCE PRICING
PREDICTABLE SEASONALITY
UNPREDICTABLE VOLATILITY
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Taught by
Open Data Science