Articles tagged “dynamic pricing”

Airlines

New Report: How Airlines Will Get Back on the Path to Profitability

How are airlines preparing to address the needs of the changed passenger and disrupted operating environment as the world emerges from the Covid-19 crisis? Expect to see strategies for personalized value, more choices, and greater airline control, as airlines move forward on their unique journey back to profitability.
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Online Travel

Airlines Tweak Their Pricing Strategies to Adopt New Ways to Boost Revenue

Airlines need to shift from forecasting models that rely primarily on historical data to ones that analyze real-time demand. That's how Amazon and other e-commerce companies handle pricing. No wonder travel tech players PROS, Amadeus, Sabre, and Flyr spy an opportunity.
Hotels

Oyo CEO Defends Business Practices That Anger Some Hoteliers

If you were thinking after a tumultuous last few months that a reformed Oyo would emerge, then guess again. The hotel chain is giving little ground on the basics of its business model, although it vows to get better on the execution of it all.
Airlines

United Is Switching Frequent Flyer Program to Demand Pricing

United will move to a dynamic-pricing model and remove its award chart on November 15. For flexible and thrifty travelers, this may help some score a bargain-basement award seat. Others who are used to predictable award tiers may find the news distressing.
Hotels

IHG Confirms Plans to Add Dynamic Pricing to Hotel Award Bookings

IHG plans to experiment with moving award pricing in its Rewards Club loyalty program to a dynamic model, which will allow it to price rooms according to demand. The details — and the impact on loyalty program members — will take shape through the year.