Tag: demand based pricing

World Series: Game 7 tickets won’t come cheap | USA Today

World Series: Game 7 tickets won’t come cheap | USA Today

TicketIQ, a seat tracking and resale site, said the average listing pricing about six hours before first pitch (5:20 p.m. local time) was $2,586.00, which is primed to be the third-most expensive Game 7 since it began tracking ticket sales in 2010. Only the 2016 World Series (Chicago Cubs-Cleveland Indians at $3,973) and 2016 NBA […]

Tell us: Do movie ticket prices matter? | Bizwomen

Tell us: Do movie ticket prices matter? | Bizwomen

Regal Entertainment Group plans to test “dynamic pricing” for movie tickets next year. That means you could pay more to see a blockbuster on opening night, but possibly less for small, independent films. The announcement comes as the average movie ticket price has reached $8.91 so far this year — an industry high. Regal (NYSE: RGC) […]

Amazon, Google and Microsoft Earnings Reports Show Growth | Fortune

Amazon, Google and Microsoft Earnings Reports Show Growth | Fortune

The cinema business is thinking about experimenting with dynamic pricing, as Bloomberg reported this week. Dynamic pricing—charging more when goods and services are in high demand and short supply and less when the opposite is true—isn’t new. Gasoline retailers, hoteliers, and airlines have been deploying the technique for years. Uber did it too—to great success […]

Coming soon to a theater near you: Surge pricing for movies | CNN Media

Coming soon to a theater near you: Surge pricing for movies | CNN Media

Would you go see “Geostorm “or “The Snowman” — two box office duds that were savaged by critics and have abysmal scores on Rotten Tomatoes — if you didn’t have to pay full price to watch them in an empty theater? Regal Cinemas (RGC), one of the largest movie theater chains in the United States, […]

Regal to Test Demand-Based Movie Ticket Pricing | Variety

Regal to Test Demand-Based Movie Ticket Pricing | Variety

The Regal Entertainment Group exhibition chain will test demand-based pricing for film tickets in several markets early next year through its partnership with mobile ticketing app maker Atom Tickets. The move could lead to higher prices for blockbusters and lower prices for unsuccessful films. Three-year-old Atom, backed by Disney, Fox, and Lionsgate, has been pushing […]

City offers three-tiered response to parking study proposals | The Virginia Gazette

City offers three-tiered response to parking study proposals | The Virginia Gazette

If the city chooses to expand paid parking, paid lots would be $1 per hour, and on-street parking would be $1.50 for the first two hours and $3 per hour after that. Parking studies performed in 2016 and 1995 both have the same premise: people should pay for parking near the destinations and not for […]

Williamsburg set to change parking plan to make it easier to find a spot | Williamsburg Yorktown Daily

Williamsburg set to change parking plan to make it easier to find a spot | Williamsburg Yorktown Daily

The sensors and increased enforcement are expected to be rolled out by the end of June 2018, according to Assistant City Manager Andrew Trivette. The second step would flip the current parking plan from charging money for inconvenient spots to charging money for convenient spots, while making less convenient spots free, the release said. The […]

Downtown Boise parking is heading toward steep price increases | KTVB.COM

Downtown Boise parking is heading toward steep price increases | KTVB.COM

The largest proposed monthly increases are from $135 to $175 in the Capitol & Main (former Capitol Terrace) and Ninth & Main (former Eastman) garages. Reserved parking in Capital & Main could go from $170 to $220, according to Max Clark, CCDC’s parking and facilities director. The first hour parking would remain free but the […]

Parking In Delhi Residential Areas Should Be Paid, Says Draft Law | Delhi NYOOOZ

Parking In Delhi Residential Areas Should Be Paid, Says Draft Law | Delhi NYOOOZ

“Dynamic pricing mechanisms such as peak and off-peak fees and exponential increase per hour of use would be used to moderate parking demand. “The civic agencies will consult RWAs (residents welfare associations) before deciding the parking charges and mode of management of parking in residential areas including outsourcing of the collection of parking fees,” it […]

Smart parking could mean tricky new pricing, data models for cities | statescoop

Smart parking could mean tricky new pricing, data models for cities | statescoop

New research suggests smart parking meters may do more than decongest streets, but be a potential money maker for cities collecting fines and fees. Research firm IDC reports that smart parking technology that uses sensors or video to relay parking occupancy has potential to be a revenue generator as it alerts parking enforcement about violations and generates […]