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KAYAK Launches Price Forecasts For Flights

Posted in News by Paul Patterson on January 15th, 2013

KAYAK Price Forecast ToolBooking a flight can be a stressful experience. Ticket prices can fluctuate dramatically and you never know what time is the best time to buy. To help alleviate ticket-buying stress KAYAK has a launched a new price forecasting tool that will predict whether the prices in your search are likely rise or fall over the next week.

In addition to the fare history chart we’ve provided for some time, KAYAK flight search results now include a forecast of whether the prices in your search are likely to rise or fall within the next 7 days. The feature also provides the statistical confidence level behind the forecast.

Giorgos Zacharia, KAYAK’s Chief Scientist, led development of KAYAK’s price forecasts and comments, “our algorithm incorporates data from multiple faring and availability providers across the over one billion annual queries performed