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What comparison between hotels and flights is being missed? I don't know as much about hotel pricing, but my understanding of flight pricing is that it's done

What comparison between hotels and flights is being missed? I don't know as much about hotel pricing, but my understanding of flight pricing is that it's done with buckets of fare classes: prices are set in buckets, and they only go up (or down) as each bucket is exhausted (or re-opened, if a ticket is canceled). I'm sure it's more complicated than that these days, but I don't think it's directly comparable to the rent adjusting system described in the news release.

alar44 4y ago
It for sure is more complicated than that. Your prices will get jacked up over time due to browser cookies. Never book hotels or flights without turning on private mode in your browser.
skeeter2020 4y ago
Flight prices are adjusted far more frequently than rental properties. Just get updates on a tracked flight ~6 months from now and watch it change weekly or even daily.
- brookst 4y ago
  RealPage adjusts rental property pricing daily: https://www.realpage.com/videos/yieldstar-optimizes-rent-pricing/ https://www.realpage.com/videos/yieldstar-optimizes-rent-pri...
  - admax88qqq 4y ago
    People's rent doesn't change daily
    - ceejayoz 4y ago
      Nor do the plane tickets I bought six months ago. The price if you purchase today changes daily, in both scenarios.
      - admax88qqq 4y ago
        Yeah fair point. I don't know what point I was trying to make.
- JumpCrisscross 4y ago
  > Flight prices are adjusted far more frequently than rental properties To my knowledge, airline pricing algorithms are fiercely guarded and competitive. Hotels, less so, but it's a fragmented space. RealPage, in contrast, is a single algorithm coordinating pricing for large sections of the market.
- woodruffw 4y ago
  I think that's irrelevant to what I'm saying: the prices on airline fares can go up and down in any time increment, because what drives them (to my understanding) is not opaque algorithmic pricing. If they're being pulled from the airline's GDS, it's just the bucket's price.

alar44 4y ago

It for sure is more complicated than that. Your prices will get jacked up over time due to browser cookies. Never book hotels or flights without turning on private mode in your browser.

skeeter2020 4y ago

Flight prices are adjusted far more frequently than rental properties. Just get updates on a tracked flight ~6 months from now and watch it change weekly or even daily.

brookst 4y ago
RealPage adjusts rental property pricing daily: https://www.realpage.com/videos/yieldstar-optimizes-rent-pricing/ https://www.realpage.com/videos/yieldstar-optimizes-rent-pri...
- admax88qqq 4y ago
  People's rent doesn't change daily
  - ceejayoz 4y ago
    Nor do the plane tickets I bought six months ago. The price if you purchase today changes daily, in both scenarios.
    - admax88qqq 4y ago
      Yeah fair point. I don't know what point I was trying to make.
JumpCrisscross 4y ago
> Flight prices are adjusted far more frequently than rental properties To my knowledge, airline pricing algorithms are fiercely guarded and competitive. Hotels, less so, but it's a fragmented space. RealPage, in contrast, is a single algorithm coordinating pricing for large sections of the market.
woodruffw 4y ago
I think that's irrelevant to what I'm saying: the prices on airline fares can go up and down in any time increment, because what drives them (to my understanding) is not opaque algorithmic pricing. If they're being pulled from the airline's GDS, it's just the bucket's price.