Tag: demand based pricing

San Francisco will expand its demand-based parking pricing city-wide | Quartz

San Francisco will expand its demand-based parking pricing city-wide | Quartz

Last week, the city announced a broadened effort to combat the harrowing traffic and search for parking by expanding demand-based parking pricing to the entire city. The change, scheduled to begin at the start of 2018, will include every meter and city-owned lot and garage, making San Francisco the first US city to implement such […]

Dynamic ticket pricing use takes off, and teams hope it’ll lure fans back into sports stadiums | CNBC

Dynamic ticket pricing use takes off, and teams hope it’ll lure fans back into sports stadiums | CNBC

Many sports fanatics seem content to watch their favorite teams in a bar or in the comfort of their own homes. It’s easy to understand why, as pro sports ticket prices often run in the hundreds or even thousands of dollars, depending on the game and location. According to Statista.com, the average ticket price for […]

NFL Ticket Prices Tumbling to Less than $15 as Anthem Protests Continue | Breitbart

NFL Ticket Prices Tumbling to Less than $15 as Anthem Protests Continue | Breitbart

It has gotten increasingly hard for average Americans to afford to take their families out to sporting events, because the costs are so high. But as the NFL continues to lose fans, TV ratings, and moral authority, ticket prices have also crashed to unheard of lows. Recently National Journal editor Josh Kraushaar pointed out that […]

Ticket prices becoming moving target at some Twin Cities theaters | StarTribune.com

Ticket prices becoming moving target at some Twin Cities theaters | StarTribune.com

The hottest ticket in town may be “Dr. Seuss’s How the Grinch Stole Christmas,” where the best seats will set you back $75. Wait, no. It’s $95. Nope, $90. What gives? Children’s Theatre Company uses dynamic pricing, which springs from the law of supply and demand. The strategy began with the airline industry, where consumers […]

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 […]