Patent attributes
An automated pricing system (10) is provided. The system (10) obtains inventory information, specifying the rates and/or availability of a plurality of travel arrangements, from one or more computer reservation systems (24). The inventory information is stored in a database (14) along with one or more portfolios of information (relating to a travel agency and each business entity customer of the travel agency) that can be used to discount the listed rates of the travel arrangements. In response to a specific travel itinerary from a customer, the system (10) automatically retrieves the inventory and/or discount information from the database (14) and determines the lowest-priced, available travel arrangements conforming to the itinerary. Consequently, a travel agent using the system (10) does not have to spend time manually determining the lowest-priced travel arrangements.
