Ancillary Revenue

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Ancillary Revenue

Revenue that a company derives from anything other than its main business. To give a very basic example, a liquor store may receive ancillary revenue from the sale of cigarette lighters and magazines at the cash register. Most companies have ancillary revenue of one kind or another; at times it may become the main revenue source. For example, a pool hall may find itself making more from selling beer than from renting pool tables.
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Combined with Nor1's flagship Front Desk Upsell and eStandby Upgrade products, eReach provides an end-to-end platform for engaging guests and generating ancillary revenues throughout the hotel reservation lifecyle.
New Airline Retail Technology Designed to Help Airlines Grow Ancillary Revenues through Passengers' Mobile Devices
According to a recent industry report, ancillary revenues continue to rise and now account for more than 20% of total revenue for many airlines around the world, the firm said.
This looks set to continue, with 89% of ancillary revenues expected through direct channels by 2016, an increase from 87% today.
The Irish-owned carrier said what it calls ancillary revenues rocketed 20% in the year to April, and now account for more than a fifth of its total business.
The Irish-owned carrier said what they call ancillary revenues rocketed 20 per cent in the year to April and now account for more than a fifth of their total business.
64b spent by airline passengers on ancillary revenues last year and the $1.
The report which was announced by IdeaWorksCompany, a consultancy in the area of airline ancillary revenues, and Amadeus, a travel technology partner and transaction processor for the travel and tourism industry, is based on the financial filings made by 108 airlines worldwide, 50 of which disclose ancillary revenue activity.
OAs ancillary revenues continue to grow rapidly, we are now seeing increasing interest from full service carriers around the world, which are also starting to implement ancillary services through global distribution systems, such as Amadeus.
Consulting organisation IdeaWorks and transaction processor Amadeus on Wednesday announced that the airline industry's ancillary revenues have increased in 2011.
Ryanair has revealed a 12 per cent hike in average fares and soaring ancillary revenues as it posted a double-digit rise in half-year profits.
RYANAIR revealed a 12% hike in average fares and soaring ancillary revenues as it posted a double-digit rise in half-year profits.