Farecast…a more scientific way to plan travel June 7, 2006Posted by Zack W. Handley in Neato, VeryUseful, Web 2.0.
I got a private beta invite to Farecast this evening and I really liked it…(business wise) I am guessing they are looking for Expedia or Orbitz or Yahoo to buy them…
The technology is sound. My wife and I live in Seattle but both our families live in the Midwest or the South. Farecast provides a cool and easy way to see what the ticket price history has been for a given time between to airports for a set time.
I did a late summer query for Detroit MI and found that if I waited a couple weeks to book there was a 65% chance prices would fall around 15 bucks…For me, not a big deal but you can see that college students or seniors or big families or ANYONE without calendar restrictions could get great value out of this…while writing this post I can envision tons of monetization angles…so I am sure they will do great.