OnDemand WTP Pricing Research

Tag: differential pricing

Will Hertz Global Thrive Under New CFO Jackson’s Leadership? | Nasdaq.com

Will Hertz Global Thrive Under New CFO Jackson’s Leadership? | Nasdaq.com

However, Jackson’s appointment failed to find favor with investors as the stock declined more than 3% in after-market trading on Aug 20, following the news. In fact, Hertz Global’s disappointing price performance is not limited to Aug 20 only. Shares of the company have underperformed its industry on a year-to-date basis. While the stock has […]

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 […]

When Customers Are — and Aren’t — OK with Personalized Prices | Harvard Business Review

When Customers Are — and Aren’t — OK with Personalized Prices | Harvard Business Review

There’s a lot of buzz around price differentiation these days, especially with the spotlight on AI and big data.  Machine learning makes it much easier to customize the marketing of products and services – and that includes the price. Let’s be clear: price differentiation is not a new phenomenon. We encounter it regularly and, as consumers, often profit […]

Artificial Intelligence in Revenue Management [Podcast] | Perfect Price and PPS

Artificial Intelligence in Revenue Management [Podcast] | Perfect Price and PPS

Artificial Intelligence in Revenue Management In the latest #PricingPodcast by the Professional Pricing Society, Lisa Fisher, Senior Director of Marketing and Communications talks with Alex Shartsis, CEO of Perfect Price, about his presentation at the PPS 29th Annual Spring Pricing Workshop and Conference in Chicago. Alex will present a 45-minute discussion on Artificial Intelligence in […]

How to Use Customer Groups in Your Pricing Strategy | Mageworx

How to Use Customer Groups in Your Pricing Strategy | Mageworx

‘Price doesn’t matter!’ You can hear merchants saying this every now and then. Not that I disagree, but price does make or break a sale. Despite all the behavioral economics studies & pricing psychology proving otherwise, this is just common sense. Recent data by Radial proves that 60% of shoppers find purchasing items at the […]

American Express Global Business Travel 2018 Forecast Indicates Moderate Price Increase Across Air, Hotel and Ground Transportation | hospitalitynet

American Express Global Business Travel 2018 Forecast Indicates Moderate Price Increase Across Air, Hotel and Ground Transportation | hospitalitynet

Air: While strong demand is expected to drive airfare increases across all regions, overcapacity on certain routes, aggressive expansion by low-cost carriers (LCCs), and low oil prices will keep them in check. Full-service carriers are increasingly unbundling fares and adding premium economy seating options to entice consumers to better compete with LCCs. Hotel: Hotel performance […]

MarginFuel raises cash in bid to bring dynamic pricing to rental vehicles | Stuff.co.nz

MarginFuel raises cash in bid to bring dynamic pricing to rental vehicles | Stuff.co.nz

Andrew Pascoe, who previously worked for Air New Zealand and has also worked on dynamic pricing models for companies including Interislander owner Kiwirail, now heads MarginFuel, a small Wellington operation that offers a cloud-based product mainly targeting rental vehicles. “Rental car operators have a huge amount of price points live in the market at any one […]

How Machine Learning Works In Pricing [Podcast] | Perfect Price and PPS

How Machine Learning Works In Pricing [Podcast] | Perfect Price and PPS

In this Pricing Podcast Alex Shartsis of PerfectPricing details how machine learning will impact the pricing industry and improve business. The term “machine learning” is popular within the pricing industry at the moment, but what do pricing professionals need to know? How can this trend translate from a buzzword to improved business for various industries? […]

Hotel occupancy continues to reach new heights but rate not keeping pace | Hotel Management

Hotel occupancy continues to reach new heights but rate not keeping pace | Hotel Management

The U.S. hotel industry’s ongoing run of monthly RevPAR increases and its recent record occupancy levels are obscuring a more unsettling trend, one that many hotel groups will be unable to overcome quickly when the hot streak ends and a downturn finally comes to lodging. Robust occupancy, especially in the major destination markets, does not […]

Enhancing The Guest Experience Through Technology | BW Hotelier

Enhancing The Guest Experience Through Technology | BW Hotelier

Sidharth Gupta, Co- founder of Treebo, believes in enhancing supply creation, quality assurance and customer experience. He is a graduate in Mechanical Engineering from IIT Roorkee and holds an MBA degree from IIM Bangalore. Working with Mc Kinsey and then with Myntra and Flipkart, Gupta with his passion decided to do something on his own. […]