Articles tagged “pricing”

While the industries may be vastly different, the airline industry can learn a lot from the leading digital innovators out there when it comes to dynamic pricing strategies.

A thorough revenue management strategy can be one of the most important steps a hotel can take to generate and optimize revenue.

By taking a more scientific and strategic approach to pricing, airlines have the opportunity to drive customer satisfaction and stand out in a crowded marketplace.

Theme parks need customers to be thrilled, not just satisfied — so it's no surprise they've been careful about changing a pricing system that has been in place for ages.

Internal hotel technology is an under talked about sector of innovation right now with mobile and data optimized services being used to boost revenue and the customer experience.

It won't be across-the-board, allowing for variations in this city-pair or that, but you can expect similar pricing dynamics when the American Airlines-US Airways merger goes through. Here again, there aren't a lot of legacy carriers left for additional mergers in the future.

Selling based on quality vs price, the eternal debate in this digital parity world. Demand-based pricing isn't practiced enough in the hotel industry.

Almost all the growth is driven by double-digit increases in San Francisco, Monterrey, Santa Barbara, and Honolulu. Otherwise the numbers along each coast are relatively similar.

Too many hurdles to get this implemented, least of which is getting regulators to agree to it. Related, it could open up space for some new pricing startups, similar to Autoslash, though that didn't sit well with competitors.

The provisional decision in the UK about hotels' and OTAs' pricing practices is a shot heard round the world. If other countries pile on, the dollars at stake would be huge.