OnDemand WTP Pricing Research

Tag: Paper

How Airbnb threatens to disrupt traditional hotel pricing strategies | PhocusWire

How Airbnb threatens to disrupt traditional hotel pricing strategies | PhocusWire

Since the introduction of sharing-economy services such as Airbnb, hotels have struggled with how to compete against the alternative accommodations market. Among hotels’ concerns is how Airbnb impacts their pricing and distribution strategies, which, according to new research from the Tepper School of Business at Carnegie Mellon University, might be more dramatic than hoteliers may […]

New research: Airbnb’s impact on peak-season hotel pricing | EurekAlert!

New research: Airbnb’s impact on peak-season hotel pricing | EurekAlert!

As hotels experience increased pressure from the growth of hosting sites such as Airbnb, new research from the Tepper School of Business proposes strategies for hotels to cope with the competition while suggesting that government regulation is limited in its ability to control industry disruption. Hui Li, Assistant Professor of Marketing, and Kannan Srinivasan, H.J. […]

Electricity Trading and Negative Prices: Storage vs. Disposal | INFORMS

Electricity Trading and Negative Prices: Storage vs. Disposal | INFORMS

Electricity cannot yet be stored on a large scale, but technological advances leading to cheaper and more efficient industrial batteries make grid-level storage of electricity surpluses a natural choice. Because electricity prices can be negative, it is unclear how the presence of negative prices might affect the storage policy structure known to be optimal when […]

Dynamic Pricing and Learning with Finite Inventories | INFORMS

Dynamic Pricing and Learning with Finite Inventories | INFORMS

Abstract We study a dynamic pricing problem with finite inventory and parametric uncertainty on the demand distribution. Products are sold during selling seasons of finite length, and inventory that is unsold at the end of a selling season perishes. The goal of the seller is to determine a pricing strategy that maximizes the expected revenue. […]

Five Keys to Out-Pricing (Not Under-Pricing) Competitors | FICO

Five Keys to Out-Pricing (Not Under-Pricing) Competitors | FICO

The phrase “competitive pricing” is often used to mean pricing lower than competitors. But a financial institution that can make offers at higher prices and still win the business is even more competitive. And if these transactions raise not only margins and profits, but customer satisfaction and share of wallet, that company is truly a […]

White Paper Suggests New Room Block Pricing Model for Meeting Planners | Successful Meetings

White Paper Suggests New Room Block Pricing Model for Meeting Planners | Successful Meetings

When it comes to group housing, meeting planners and hotels have opposing goals. While the former want to obtain as many rooms as possible for the lowest rate, the latter want to fill as many rooms as possible at the highest rate. The solution, according to a new white paper: a “dynamic flex pricing” housing […]

Pricing News Daily > 9/22/14

Pricing News Daily > 9/22/14

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding value-based […]

Pricing News Daily > 7/28/14

Pricing News Daily > 7/28/14

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: The PricingBrew Journal Whether you’re in sales, marketing, product management or a pricing professional, it’s important to stay up-to-date on the latest […]

Pricing News Daily > 7/25/14

Pricing News Daily > 7/25/14

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is Sponsored by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding value-based […]