OnDemand WTP Pricing Research

Tag: Airline Ticket Pricing

The Subscription Model Comes to Luxury Travel With Inspirato Pass | Bloomberg

The Subscription Model Comes to Luxury Travel With Inspirato Pass | Bloomberg

What does luxury travel now have in common with grocery shopping, music streaming, and shaving? The subscription model. In mid-July, Denver-based travel club Inspirato launched its Inspirato Pass, which allows customers to book unlimited stays in luxury vacation homes, as well as legacy five-star hotel brands such as Ritz Carlton, starting at $2,500 a month […]

United Airlines Is Cracking Down on the Hidden-City Ticketing Trick | Condé Nast Traveler

United Airlines Is Cracking Down on the Hidden-City Ticketing Trick | Condé Nast Traveler

United Airlines fliers who work the booking system for cheaper flights could be in for a rude awakening: The airline is asking its employees to report customers who book using the so-called “hidden-city” ticketing trick to corporate security. A hidden-city ticket means a customer books a flight with a layover, but stops traveling after the […]

Airfare and Hotel Prices Will Stabilize in 2020, Study Says | Travel Market Report

Airfare and Hotel Prices Will Stabilize in 2020, Study Says | Travel Market Report

After a year of rising airfares and hotel rates, travel industry pricing will level off next year, according to a report conducted by CWT (formerly Carlson Wagonlit Travel) and the Global Business Travel Association. “We believe that prices are set to slow down in 2020,” Christophe Renard, vice president of CWT Solutions, said at a […]

Who wins and who loses when airlines form alliances? | Futurity

Who wins and who loses when airlines form alliances? | Futurity

Passengers who combine two aligned carriers when making an overseas trip will see savings—but those traveling nonstop between international hubs may face higher costs due to lost competition from alliances, a new study shows. “On the pricing side, alliances have both an upside and a downside,” says lead author, Jan Brueckner, professor of economics at […]

Have Mergers Created Monopoly Power in the Airline Industry? | View from the Wing

Have Mergers Created Monopoly Power in the Airline Industry? | View from the Wing

While there’s certainly been consolidation in the airline industry as America West acquired US Airways and then American; Delta acquired Northwest; Continental acquired United; Southwest acquired AirTran and Alaska Airlines acquired Virgin America this hasn’t led to higher prices for consumers. Government should remove barriers to competition, but it’s a stretch to suggest that the […]

4 ways to rethink airline RM in a personalised world | EyeforTravel

4 ways to rethink airline RM in a personalised world | EyeforTravel

Travel suppliers were early adopters of analytical tools for demand forecasting and pricing, but the drive to personalisation is making RM work harder. Tom Bacon explains Revenue management (RM) has certainly always been highly quantitative – requiring unique statistical and business-analytical skills to optimise use of sophisticated systems. Today, however, personalisation drives RM to ever-higher […]

Air New Zealand considers dynamic pricing for flights | TravelTalk NZ

Air New Zealand considers dynamic pricing for flights | TravelTalk NZ

How airlines set pricing is something that hasn’t fundamentally changed in decades. It follows a model known as a “pricing ladder” where the total number of seats are divided up into booking classes, with each booking class representing a rung on the ladder.  The lowest rung on the ladder will have the cheapest prices, and […]

Why dynamic pricing will transform travel distribution | EyeforTravel

Why dynamic pricing will transform travel distribution | EyeforTravel

Smarter pricing structures will allow travel brands to create more relevant prices for their customers, boosting revenue and loyalty, finds a new report Pricing within the travel industry is evolving to match consumers and what they are willing to pay far more accurately as a result of a better understanding of impacting variables and more […]

Airfares more than double for India sector from UAE | Khaleej Times

Airfares more than double for India sector from UAE | Khaleej Times

Expat families are busy packing for their vacation starting this weekend as schools close – except that, this time, they feel pinch of the summer airfare hike. With less flights and high demand, ticket fares have skyrocketed up to 50 per cent, according to industry experts, who believe that the situation is mainly driven by […]

Pricing and distribution havoc hits in-destination with rise of OTAs: Klook’s Fan predicts shift to dynamic pricing | WIT

Pricing and distribution havoc hits in-destination with rise of OTAs: Klook’s Fan predicts shift to dynamic pricing | WIT

She added, “I am careful about where I want my brand to be seen. I sell tickets on Google and I pay commission to TripAdvisor because I pay for a booking that comes to me, not like spending on Google Ad Words which is like shooting in the air. If I work with a travel […]