Farecast – Predict The Cost Of Your Airline Tickets

farecast - predict airline ticket prices

Here is an interesting site that I came across today. The name of it is FareCast and it uses an algorithm to predict the future prices of airline tickets to the destination where you want to go so you know whether it makes more sense to purchase them now or to wait to buy them. From their site:

We use data-mining algorithms to search for patterns, in the accumulated airfare data, which are associated with significant price changes. These patterns are represented and stored in models, and the models are then rigorously trained. Once created and trained, we use these models to predict the future. Then, new, current airfares can be scored by the model to answer the question, “is the pric

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