Researchers have developed a novel smart instant book filter system designed to enhance the hospitality industry's online marketplaces. This system intelligently promotes instant book listings while ensuring the overall booking rate does not decrease, addressing a dual-objective optimization problem. A/B testing and subsequent production deployment have shown that this model outperforms previous human-tuned systems, leading to improved instant book rates, overall booking rates, and host adoption rates, and is now serving millions of users daily. AI
IMPACT This system could significantly improve user experience and efficiency in online hospitality marketplaces by optimizing booking processes.
RANK_REASON The item describes a novel system presented in a research paper on arXiv, detailing its methodology and performance results. [lever_c_demoted from research: ic=1 ai=0.7]
- A/B testing
- arXiv
- A Smart Instant Book Filter Model based on Dual-Objective Optimization
- CORE Recommender
- hospitality
- Hugging Face
- Instant book
- Request-to-Book
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