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TechnologyA.I.-based travel app Hopper expands price monitoring to hotels worldwide

20:41  20 june  2019
20:41  20 june  2019 Source:   techcrunch.com

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Hopper analyzes billions of prices daily to predict how prices will change, and tells you whether to buy or wait. Save up to 40% on your next flight. Relax — booking travel just got easy. Hopper predicts prices and helps you book your flights and hotels at the right time, saving you up to 40%.

Hopper, the handy travel app that uses A.I. to predict airfare pricing, is today expanding its service to include hotels. Like airfare, hotel pricing is also dynamic -- it can fluctuate with traveler demand. During busy times, prices are higher. And when a hotel has rooms to fill, the prices drop. Now, Hopper is bringing its same prediction technology to over 270,000 hotels in more than 200 countries and territories worldwide.

The hotels, which can be booked directly within the Hopper app itself, span 1,600 major cities.

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Eighteen months on from its initial launch, Hopper is applying some of the secret sauce learned from flights to its hotel search and booking service. The U.S.- based company says it has over 270,000 hotels worldwide now available to users of its mobile app .

Access our detailed analytics and stunning visualisations*. After trial, pricing starts at just . Login via Twitter to start your free trial now. Don't have a Twitter account? You can also register via Facebook or Instagram.

The company first began testing hotel prediction algorithms back in October 2017, but only in New York. At the time, Hopper CEO Frederic Lalonde explained how online hotel booking differed from airfare. With plane tickets, people are usually just in search of the best price. But with hotels, other factors come into play.

That's why the new feature lets travelers narrow searches not only by city, but also by neighborhood and points of interest. Hotels can additionally be filtered by the neighborhood, rating, price and their amenities.

Hopper says people who book at the right time will save $62 per night, on average, off of the peak rates. But when people go shopping for hotels, they usually only spot check prices or wait until the last minute to book. To get a better deal, the company suggests you set the app to monitor hotel prices and send push notifications when the hotel prices drop or when private rates become available.

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Hopper is a travel app that uses artificial intelligence to predict prices and get you the best deal possible. It previously offered this for airfares and is now expanding AI - based price predictions for hotels across Hopper ’s AI - based prediction pricing can thus be utilized for hotel bookings as well.

The Hopper App Is Expanding to Monitor Hotels Worldwide . This feature allows users to monitor a number of different hotels and enables them to book when prices match their budget. The App 's AI system is able to learn about the user's hotel preferences in order to make better recommendations

These private rates can include package deals, member rates, geofenced rates, closed user rates, pre-purchased inventory blocks, and more. Most people don't know if these sort of rates are available to them, or if they would qualify. Hoppers says it will monitor these private rates, too, then alert you if you're able to book a private deal.

In addition, the app offers a "Watch a Hotel" feature which will forecast and track the prices of specific hotels. That way, you can choose a handful of favorites places, then book when the prices become affordable to you -- without having to waste time comparison shopping.

A.I.-based travel app Hopper expands price monitoring to hotels worldwide© Provided by Oath Inc.

Over time, Hopper will learn more about your hotel preferences -- for example, if you always book 4- or 5-star hotels or those with pools. It will then use this understanding combined with your usage of the app to make better recommendations in the future.

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Book vacations, find hotels , surf for discount airfare and new deals ­ all on OneTravel.com. Displayed fares are based on historical data, are subject to change and cannot be guaranteed at the time of booking. * Booking Credit provides a discount against our service fees on stated hotels .

Hopper says it can accurately predict the best time to book 95% of the time. Here's how it works: Once you add your travel dates and destination into the app You'll be able to see all the available hotels , which are color-coded like Hopper 's flight booking calendar: green for cheap, all the way up to red for

The company says it's already seeing good results from using these sorts of A.I.-based recommendations for airfare, as now 25% of bookings are the result of people booking a trip they weren't planning for, but Hopper knew to suggest.

The expansion comes at a time when Hopper's business is growing. Last fall, the company raised another $100 million, valuing its business at $780 million. Last year, it booked over a billion in sales, and users are today tracking $18 billion worth of flights and hotels per year in its app, which has passed 40 million downloads.

Since the beginning of 2019, Hopper's sales are up 100% and conversion is up 80%, it says.

The hotel booking feature is live today in the Hopper app for iOS. It will roll out to Android in the next few weeks.

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