Tag: Airline Ticket Pricing

Chinese Low-cost Airlines Eye Growth Amid Stiff Competition | Aviation International News

Chinese Low-cost Airlines Eye Growth Amid Stiff Competition | Aviation International News

Budget carriers compete with each other through pricing strategy. For instance, Spring Airlines, serving 130 routes with 80 airplanes, offers a promo fare equivalent to $15.50 for its Shanghai-Bangkok route. All of the LCCs target the growing middle class, estimated at 200 million people. Also, they face tough competition from the full-service airlines, as their […]

This is how airlines price tickets | CNBC

This is how airlines price tickets | CNBC

Many of us this summer will fly off on holiday for a well-deserved break. It’s more than likely that you spent hours on the internet researching flight deals, trying to figure out an airfare pricing system that seems completely random. Fees appear to fluctuate without reason and longer flights aren’t always more expensive than shorter […]

Report: Hotel and Air Prices Expected to Rise in 2019 | Hotel Business

Report: Hotel and Air Prices Expected to Rise in 2019 | Hotel Business

ALEXANDRIA, VA—Travel prices are expected to rise sharply in 2019, with hotels going up 3.7%, and flights 2.6%, driven by a growing global economy and rising oil prices, according to the fifth annual Global Travel Forecast from the Global Business Travel Association (GBTA) and Carlson Wagonlit Travel (CWT) with the support of the Carlson Family […]

Hotel and Air Prices to Rise Sharply in 2019, Per GBTA/CWT Research: Meetings & Conventions

Hotel and Air Prices to Rise Sharply in 2019, Per GBTA/CWT Research: Meetings & Conventions

Travelers can expect steep increases in prices in 2019, with hotel room rates rising by 3.7 percent and the cost of air tickets climbing by 2.6 percent, according to the fifth annual Global Travel Forecast, published today by the Global Business Travel Association and Carlson Wagonlit Travel with the support of the Carlson Family Foundation. The report […]

Stomper’s idea to ease jams: Should public buses and trains use ‘dynamic pricing’ like taxis and airlines? | Stomp

Stomper’s idea to ease jams: Should public buses and trains use ‘dynamic pricing’ like taxis and airlines? | Stomp

Ask anybody who uses public transport what they dread the most in a day and many will say peak hour. It’s not uncommon to see snaking long queues at MRT stations or people spilling out of bus stops as people commute to and from work. Stomper Riddhiman, an Economics student at Singapore Institute of Management […]

Price caps for airlines complicated but minor issue, says CIMB Research | The Star Online

Price caps for airlines complicated but minor issue, says CIMB Research | The Star Online

CIMB Research believes that the price caps are likely to be set quite high, because 1) a low-price cap will hurt Malaysia Airlines (MAS) and Malindo more, as their airfares are typically higher than AirAsia ‘s, and 2) it is not in the interests of Mavcom to drive MAS and Malindo out of business, since […]

How location data is used to manipulate airfare and car rental prices | The Next Web

How location data is used to manipulate airfare and car rental prices | The Next Web

While the EU recently passed the GDPR into law to give users control of how their data is collected and used, the battle is unfortunately only half won. According to a new (and shocking!) study by TheBestVPN, you could end up paying almost double (or more) the actual cost of a product or service you […]

Revealed: The billions airlines make in extra charges | NewstalkZB

Revealed: The billions airlines make in extra charges | NewstalkZB

Some airlines are making nearly half their income from ancillary revenue rather than ticket sales. One ultra-low-cost carrier in the United States makes 47 per cent out of ”dynamic pricing” of seats, bags and bundled offers, according to new research. The top 10 ancillary earners among all airlines made $29.7 billion (NZ$43b) last year, 13 […]

Exclusive: Jeff Bezos plans to charge at least $200,000 for space rides – sources | The Mighty 790 KFGO

Exclusive: Jeff Bezos plans to charge at least $200,000 for space rides – sources | The Mighty 790 KFGO

Executives at the company, started by Amazon.com Inc founder Bezos in 2000, told a business conference last month they planned test flights with passengers on the New Shepard soon, and to start selling tickets next year. The company, based about 20 miles (32 km) south of Seattle, has made public the general design of the vehicle – […]

Will price tracking win the travel management war? | Business Travel iQ

Will price tracking win the travel management war? | Business Travel iQ

Business travel management is like the frontline of a battle between two very well-matched adversaries. Although many people like to portray the interaction between travel buyers and suppliers as a friendlier type of encounter, the reality is that both sides are engaged in a long-term war, with both keen to get the best deal financially. […]