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.
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.
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.
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.
LA ExpressPark[TM] goes live, an advanced parking system developed by Xerox (NYSE: XRX) and the Los Angeles Department of Transportation (LADOT), that applies new technology and demand-based pricing
to increase the availability of limited parking spaces, relieve traffic congestion and reduce air pollution.
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
This is where a demand-based pricing
approach comes into play.
In related news, Qcue CEO Barry Kahn will join industry ticketing leaders today at PACnet, Paciolan's annual community conference, to share dynamic pricing best practices in the session titled, Flex Your Revenue Management Muscles - Demand-Based Pricing
& Scaling the House.