Booking.com’s new tools for professional vacation rental managers highlight how each of the main competitors is tackling the market from different angles, which will eventually lead to a ton of convergence.
Self-learning algorithms search the database which has been constructed, structured and optimized by the developers for years. On this basis, Quicket can display the seating configuration of an aircraft used on a specific route.
A GBDT - a model that identifies and ranks predictive factors - supplanted the scoring function, this is a switch the researchers said led to “one of the largest step improvements in home bookings in Airbnb’s history.”
Booking.com is launching new tools for partners focused on the short-term rental segment, stemming from direct feedback from its partners on improvements that would be most useful and relevant for their business.