This paper develops a travel time prediction algorithm that can be used for real-time application. The algorithm searches for the most similar pattern in historical travel time database as soon as a series of real-time data become available. Artificial neural network approach is then taken to forecast travel time in the near future. To examine the performance of this algorithm, travel time data from Gyungbu Highway were obtained and the algorithm is applied. The evaluation shows that the algorithm could predict travel time within 4% error range if comparable patterns are available in the historical travel time database. This paper documents the detailed algorithm and validation procedure, thereby furnishing a key to generating future travel time information.