The main purpose of this research is to demonstrate the importance of
demand-based pricing, providing empirical results that reveal the validity of this pricing philosophy in the sport retailing industry.
The partnership will increase the adoption of energy-efficient connected devices and boost enrollment in demand response and other demand-side management programs, as well as encourage customers to maximize the benefits of time-of-use and
demand-based pricing.
Historically we've worked on
demand-based pricing, but this has consistently left unanswered questions about the best way to boost performance - both in peak demand periods and the low season."
These
demand-based pricing strategies have resulted in revenue increases of anywhere from 5-30% (Rishe, 2012).
PriceYourRoom will enable access to daily BAR recommended
demand-based pricing as well as direct distribution to proper electronic channels.
Chief executive Alan Whiteley said: "We are all excited about the positive impact that
demand-based pricing will have on both our attendance and revenue next season."
Using the
demand-based pricing booking system, guests can book rooms at prices starting from USD3 (or even lower during promotion periods) through the web at www.tunehotels.com.
Second, continued technology improvements--including sophisticated property management systems, online rent-payment solutions and
demand-based pricing models--have made economies of scale achievable in property management."
RM and
Demand-Based Pricing in Sport Professional sport organizations have embraced
demand-based pricing over the past 10-15 years.
Xerox receives the award for its MergeA system, a city-wide sensor based, smart parking solution that reduces traffic and congestion through guided parking with
demand-based pricing.
Pricing technology provider Digonex announced on Wednesday that the Derby County Football Club (DCFC) will be using its
demand-based pricing services via a partnership with event ticketing solutions and services provider Tickets.com to price single match tickets for the 2012/13 season.
This is where a
demand-based pricing approach comes into play.