Tag: Competitor’s 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 […]

Intelligent pricing could help to eliminate waste from luxury brands, says Blue Yonder | Retail Times

Intelligent pricing could help to eliminate waste from luxury brands, says Blue Yonder | Retail Times

The recent news that luxury brands have destroyed millions of pounds worth of unsold merchandise to avoid their products falling into the wrong hands and being sold on the “grey market” at knockdown prices, illustrates the challenges that these brands face in matching pricing and customer demand. With Richemont, owner of Cartier and Mont Blanc, […]

GUIDE: Hiring a car in Europe – how to get the best deal and not be fleeced | Express.co.uk

GUIDE: Hiring a car in Europe – how to get the best deal and not be fleeced | Express.co.uk

Rental companies charge around £15 a day for an excess waiver policy, compared to iCarhireinsurance.com which offers cover from £2.99 a day in Europe (or £39.99 for annual cover), and can be bought before leaving home, avoiding rental desk stress. The insurer found that travellers who rent cars are still baffled by the pricing structures, […]

Car rental companies charge Brits more as consumer groups slam rip-off | Express

Car rental companies charge Brits more as consumer groups slam rip-off | Express

It’s been revealed that top car rental companies are charging Brits more than other nationalities for car hire. A shocking investigation by The Daily Mail, Mail Online and consumer group A Spokesman Said found that both Avis and Europcar are charging different rates based on nationality. Nic McBride from A Spokesman Said blasted the disparity […]

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 […]

When it’s Time to Change Your Prices | Business 2 Community

When it’s Time to Change Your Prices | Business 2 Community

First, a fact. Too many people at too many companies see price as a constant. They believe in the “set it and forget it” mindset when it comes to pricing. Once you have settled on a price for your product or service, you lock it in and never re-evaluate it. I hope we can all […]

Food Delivery Discount Service Increases Sales During Restaurant Off-Peak Hours | Foodable Network

Food Delivery Discount Service Increases Sales During Restaurant Off-Peak Hours | Foodable Network

Though delivery has proven to be a huge market with the likes of UberEats and Grubhub snatching up restaurant dollars, it has also proven to be extremely expensive for operators and, consequently, for consumers. According to Forbes, Restaurants could pay anywhere between 11% and 45% commission on each order if they sign up for a […]