Tag: Price Changes

Uber cab service increases fares in Egypt after recent fuel price hikes | Xinhua Net

Uber cab service increases fares in Egypt after recent fuel price hikes | Xinhua Net

CAIRO, June 18 (Xinhua) — Peer-to-peer ride hailing company Uber increased Monday its fare prices in Egypt to compensate for the recent hike in local fuel prices. “With events like the most recent fuel price increase a slight adjustment to our prices was made to ensure that your drivers continue to make a sustainable living […]

What Individual Fare Pricing Means to Travel Agents | Travel Market Report

What Individual Fare Pricing Means to Travel Agents | Travel Market Report

The travel industry continues to talk about the advent of the IATA New Distribution Capability (NDC) and the concept of “dynamic pricing,” defined as the ability to price an airline service based on the known characteristics of the consumer seeking the service. Sometimes the “conversation” conflates NDC with artificial intelligence (AI) and excitedly predicts the […]

Uber is experimenting with letting riders wait longer for a cheaper fare | Quartz

Uber is experimenting with letting riders wait longer for a cheaper fare | Quartz

Good things come to those who wait for their Uber. The ride-hailing company has started testing a feature that gives riders the option to trade a shorter wait for a cheaper fare. “Prices are lower at 17:00,” Uber recently advised an Uber employee who requested a ride in Berkeley, California, and tweeted a screenshot of […]

Mumbai: Price capping for your taxi and auto rides to be delayed further | Hindustan Times

Mumbai: Price capping for your taxi and auto rides to be delayed further | Hindustan Times

City commuters are unlikely to get any immediate respite from surge-pricing of app-based taxis, black and yellow taxis and other taxi aggregators, as the recommendations made by the Khatua panel on controlling the surge in taxi fares will be given for fresh feedback. … The transport commissioner office has been asked to submit a report […]

Palm Desert council votes down Desert Willow resident golf rate changes | Desert Sun

Palm Desert council votes down Desert Willow resident golf rate changes | Desert Sun

After almost a year of study sessions, resident feedback and cost analysis research, the Palm Desert City Council rejected city staff’s recommendation to change resident prices at Desert Willow Golf Resort during Thursday night’s council meeting. For now, resident fees at the golf course will remain status quo, but the council is expected to take up the […]

Aspen first-hour parking rates increase on Monday | Aspen Daily News

Aspen first-hour parking rates increase on Monday | Aspen Daily News

Drivers parking in the Aspen core will pay $6 per hour at the meter between 11 a.m. and 2:59 p.m., but will be able to park for free for 15 minutes once a day, starting on Monday. Doubling the current peak season first-hour rate of $3 is the city’s latest effort related to “demand-responsive parking […]

Transat: difficult to offset higher fuel prices with higher fares for customers | The Telegram

Transat: difficult to offset higher fuel prices with higher fares for customers | The Telegram

MONTREAL — Transat AT Inc. expects to have a more difficult summer season than last year as a result of a sudden increase in jet fuel prices since April and limited ability to pass along the cost to customers, senior executives told analysts Thursday. Annick Guerard, the travel company’s chief operating officer, said on a conference call that […]

India teams up with China to counter OPEC’s influence on fuel pricing | DNA India

India teams up with China to counter OPEC’s influence on fuel pricing | DNA India

With oil producers’ cartel OPEC playing havoc with prices, India discussed with China the possibility of forming an ‘oil buyers club’ that can negotiate better terms with sellers as well as getting more US crude oil to Asia to cut dominance of the oil block. As a follow up of Oil Minister Dharmendra Pradhan’s idea […]

Shoppers love dynamic pricing, but 25% of retailers are skeptical of its effectiveness | FierceRetail

Shoppers love dynamic pricing, but 25% of retailers are skeptical of its effectiveness | FierceRetail

As many as 65% of consumers are open to price changes throughout the day, especially if a product is reaching a sell-by date, according to a new report by Displaydata and Planet Retail RNG. And about half, 52%, are open to dynamic pricing if it is to price match, even though 25% of retailers are […]

Airlines yet to remove dynamic pricing on tickets for city passengers | Times of India

Airlines yet to remove dynamic pricing on tickets for city passengers | Times of India

“Since the airlines are not allowed to operate on full passenger capacity due to load penalty, they had this dynamic pricing system. Passengers booking at the last moment will have to cough up more fare than the actual one. We request the airlines to remove the dynamic pricing system as load penalty is over at […]