Revenue Management

Darius Walczak (), E. Andrew Boyd and Roxy Cramer ()
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Darius Walczak: PROS Revenue Management
E. Andrew Boyd: PROS Revenue Management
Roxy Cramer: PROS Revenue Management

Chapter Chapter 3 in Quantitative Problem Solving Methods in the Airline Industry, 2012, pp 101-161 from Springer

Abstract: Abstract Revenue management is arguably the most celebrated application of mathematical modeling used in the travel industry. Originating in the airline industry around the time of deregulation in the late 1970s, revenue management has consistently been credited with increasing airline revenues by over 6%.

Keywords: Exponentially Weighted Move Average; Protection Level; Discrete Choice Model; Revenue Management; Cancellation Rate (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1007/978-1-4614-1608-1_3

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