This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Machine Learning: Expedia Invests In Latest Technology To Address Customer Needs

Stocks in this article: EXPE

BELLEVUE, Wash., Feb. 18, 2014 /PRNewswire/ -- (NASDAQ: EXPE), the world's largest online travel company, today released information on its commitment to developing its internal data science program. The company recently worked with the IEEE organizers to sponsor their International Conference on Data Mining (ICDM) data mining contest. The results were vast and, as a result, has committed to participating in additional ventures related to data science, big data, and machine learning in the near future.


One of the first companies to take travel booking to the internet, has long been a business founded on technology. Today's technology advancements have opened doors to build intelligent, responsive algorithms that yield travel results catered to individual customers. Common booking difficulties among travelers – such as deciding how to choose a hotel based on its amenities, size, and price – can be addressed using algorithms built on classical statistics. But as the travel industry gathers more information about booking trends, it has become clear that investing in algorithms based on machine learning is the most effective path to discover and present the best offers to customers. recently sponsored the annual ICDM data mining competition, which focused on utilizing a large hotel search data set to rank search results as a means to increase sales. Entrants were directed to predict the optimal order of displaying results for an online hotel search based on some of the following criteria: hotel attributes, customer purchase history and price competitiveness.

"Search is at the core of our business so it is vital to continuously evaluate new approaches," said John Kim, senior vice president of global product at "We want to find opportunities to allow the broader community to provide input on industry-wide data science challenges; it was it was exhilarating to see over 300 submissions by some of the best minds in the world. Some interesting techniques were presented which we will continue to consider as we evolve our understanding of this dynamic space." has spent the past few years overhauling its technology underpinnings to support this type of big data research and implementation. The company, which sees millions of daily visits from customers across the world, aims to present the best travel solutions to its global user base.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs