advertising
Link to jump to start of content The Seattle Times Company Jobs Autos Homes Rentals NWsource Classifieds seattletimes.com
The Seattle Times Business & Technology
Traffic | Weather | Your account Movies | Restaurants | Today's events

News, analysis and perspectives from the
technology team at The Seattle Times.
Have a news tip? Follow the links below to e-mail us.

All blogs and discussions:

Go

May 15, 2007

Farecast unveils new features and audit results

Posted by Kim Peterson at 10:05 AM

Seattle airfare prediction company Farecast is no longer in its beta, or testing, period starting today. The company also said it's introducing some new features, including an alert system to tell users when certain airfares drop.

Farecast also disclosed the results of an audit of its airfare predictions. The company hired Navigant Consulting to analyze a random sample of 44,000 predictions made in the first three months of the year. Navigant said the predictions had a 74.5 percent accuracy rate.

I did a far less comprehensive survey last fall and found an accuracy rate of about 61 percent.

Share:    Digg     Newsvine

Tricia Duryee
Tricia Duryee
E-mail|Bio


Angel Gonzalez
Angel Gonzalez
E-mail|Bio


Kristi Heim
Kristi Heim
E-mail|Bio


Benjamin J. Romano
Benjamin J. Romano
E-mail|Bio


Mark Watanabe
Mark
Watanabe

E-mail|Bio

Marketplace

advertising

advertising