Trainline announces the UK's first ever train ticket price predictor
Trainline has today (September 6) launched the UK’s first ever train ticket price predictor.
One of Europe’s independent train ticket retailers and train travel apps, Trainline’s Price Prediction - available in Trainline’s app - allows travellers to see when Advance ticket prices are set to increase.
The new tool can be used for both leisure and business travel, and by creating a business profile with the app, those travellers can bill business trips to a corporate account or company credit card, ensuring digital receipts are sent direct to a work email.
Jon Moore, chief product officer at Trainline, commented: “Our data scientists have used historical pricing trends from billions of customer journey searches to predict when the price of an Advance ticket will expire.
“We now share this information in our app to allow customers to get the best price possible for their journey. We’re introducing more advanced machine learning every day so naturally our predictions will get increasingly accurate.”
Supposedly, Trainline consumers currently save an average of 43 per cent on Advance fares, however price prediction data shows that if customers bought their Advance tickets on the day they first searched their journey, they would save an average of 49 per cent.
The app serves with the ability to display live journey updates, show what trains tickets are valid for and shares expense receipts.
This latest tool is from a series of smart features for business travellers who use the app. It follows the launch of BusyBot which uses crowdsourced data to identify the quietest parts of the train and helps customers find a seat.
Moore continued: “Price prediction is the first in a long line of predictive features we have planned to help customers save time and money.”
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