Airbnb had three patents in ecommerce during Q2 2024. Airbnb Inc’s patent filed in Q2 2024 describes a method for generating a set of listings based on search parameters, extracting price and non-price features, and using machine learning models to compute booking probability and quality estimate. The method ranks the listings based on these metrics to provide users with a personalized and efficient search experience. GlobalData’s report on Airbnb gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Airbnb had no grants in ecommerce as a theme in Q2 2024.
Recent Patents
Application: Systems and methods for optimizing search results (Patent ID: US20240152986A1)
The patent filed by Airbnb Inc. describes a method for optimizing search listings by receiving search requests, generating listings, extracting features, computing booking probability and quality estimates using machine learning models, and ranking listings based on these metrics. The method involves separate prediction of affordability and quality metrics, with quality being weighted more heavily in the final ranking. The system includes deep neural networks for predicting these metrics and considers both price-indicative and non-price-indicative features in the analysis.
Additionally, the patent outlines a system with instructions for executing the method, including receiving search requests, generating listings, extracting features, computing booking probability and quality estimates using machine learning models, and ranking listings based on these metrics. The system also includes deep neural networks for predicting affordability and quality metrics separately, with quality being given more importance in the final ranking. The system considers both price-indicative and non-price-indicative features of listings to provide a comprehensive ranking based on probability of booking and quality estimates.
To know more about GlobalData’s detailed insights on Airbnb, buy the report here.
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