airline travel
Dynamic Pricing, Perishability, Decoupling in India’s Service Industry
Ajay Mehtani | October 20, 2020
By Ajay Mehtani We have heard these words often enough while discussing pricing, revenue management and demand management in our industry. We try and analyze our current approach and what the future may entail in case we wish our hotels to improve yields. In some of our previous articles we discussed the need for the hotels sector to measure revenues per square foot as an industry benchmark for total revenue management. In this article we are initiating a discussion about pricing power & revenue management. Airlines have been leading on dynamic pricing in the services sector The aviation industry has the most advanced dynamic p...
Study: In Era of COVID-19, Airlines and Airports Must Do More to Accommodate Stressed-Out Passengers
Florida Atlantic University | October 19, 2020
Personalized Profiles, Encouraging Messages Would Help Travelers Cope BOCA RATON, Fla. (Oct. 19, 2020) – With the coronavirus crisis dealing the travel industry one of the biggest blows in its history, a new study from researchers at Florida Atlantic and Florida Gulf Coast universities suggests that airlines and airports should be doing more to help passengers cope with stress. Airlines and airports need to design services and create marketing strategies for passengers dealing with stressful leisure travel, according to Ye Zhang, Ph.D., and Melanie Lorenz, Ph.D., both of FAU, and Jase Ramsey, Ph.D., of FGCU. The study, published i...
