What is airline revenue management?
Airline revenue management is a data-driven approach to pricing a seat to maximizes airline revenue based on properly identifying traveler’s willingness to pay.
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Airline revenue management is a data-driven approach to pricing a seat to maximizes airline revenue based on properly identifying traveler’s willingness to pay.
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PROS Outperform
Learn how to drive profitable growth at #outperform2023
May 22 - 24
Denver, CO
The top five airline trends from Aviation Festival Asia focused on the airline retail revolution and shift to offers and orders.
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Airlines are embracing a digital transformation that will fundamentally change airline retailing, with a focus on flexibility and the freedom to sell how, when and where they want to drive loyalty.
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Looking for a reason to join Outperform this year? Here’s 5!
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PROS Outperform gathers airline leaders for the latest travel AI innovations across revenue management, distribution, marketing, and e-Commerce.
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In this blog post, we explore 2 types of dynamic pricing: continuous and context-specific.
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When a lead data scientist at PROS got curious about customer loyalty’s impact on airline revenue, his research triggered improved forecast accuracy.
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The PROS Platform for Travel and our IATA ARM-certified solutions for price optimization are opening up a world of airline distribution, enabling rich customer engagements and dynamic offers.
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Emirates and PROS are collaborating on a revenue management training program to attract and retain the best RM talent in the industry.
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T&L industry leaders have digitized their market strategies and enabled selling and distribution directly to customers, which frees up sales teams to focus on more strategic work.
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Airline revenue management has changed drastically because of COVID-19, and next-gen revenue management will focus on innovating RM by leveraging new data sources, demand forecasting.
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In his COVID-19 Task Force Update 6, PROS Chief AI Strategist, Dr. Michael Wu, explains how airlines can turn model predictions into prescriptive actions that optimize business outcomes.
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Air cargo professionals in pricing, revenue management, and selling are looking to completely shift their business strategy to remain competitive and win customer deals.
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A true workflow should guide a user to the most important tasks and goals, and at PROS we pride ourselves on our workflow designs.
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A common refrain in the airline industry is that revenue management is no longer useful in the midst of the pandemic. However, forecasting and optimization, when done right, is critical for airlines.
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Read the COVID-19 Task Force Update 5 blog post by PROS Chief AI Strategist, Dr. Michael Wu where he examines some real predictions from the booking-prediction model.
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PROS Chief AI Strategist, Michael Wu, shares how airlines can leverage predictive booking to position themselves for a strong return post-COVID-19.
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Digital transformation is of critical importance for the airline industry recovery from the pandemic. Innovation in airline digital retailing can help airlines stimulate demand and increase revenues.
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Learn about the essential steps, data, and analysis airline revenue management teams should evaluate before undertaking change management initiatives during this volatile time.
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Increase ROI from airline digital retailing by adopting digital optimization, using data analytics and user research. Agile product development helps airlines optimize travelers’ booking experience.
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