Real-world events drive predictable impact that businesses may not always know when, why or how to manage it. For instance, airline companies actively optimize pricing and logistics operations by forecasting air travel demand associated with frequent events such as holidays. However, what about other types of events? What about scheduled events that change dates, city, or even country? Certain types of events such as major conferences and popular concerts can impact the aviation industry and lead to increased air travel demand.
PredictHQ intelligent events data unlocks instant profit hidden in plain sight within the travel and transportation sectors. In this series of articles, we present regular prediction reports for upcoming events that will impact air travel industry. Our forecasting analysis considers several “event profile” features such as event types, audience sociodemographic, availability of similar events and so on.