by David Wragg · 14 Apr 2010 · 369pp · 120,636 words
become, decided to try to manage its traffic better by increasing peak period fares and reducing off-peak fares, a system sometimes referred to as yield management and practised by low-fare airlines. Of course, a railway is not an airline and the system did not ensure even loadings throughout the day
by Daniel Kellmereit and Daniel Obodovski · 19 Sep 2013 · 138pp · 40,787 words
machines handle data gathering, analytics, and algorithms. Already today, many systems run highly optimized with little or no human intervention, such as manufacturing, logistics planning, yield management, certain medical research, autonomous driving, and flying. Many more industry sectors will rely on machines in the future, which will take over most of the
by David Weil · 17 Feb 2014 · 518pp · 147,036 words
rates in these areas; • assigning key personnel to meet with each franchisee to discuss individual issues concerning their respective hotels, including potential inexpensive marketing opportunities, yield management, decreasing expenses, and operating the facilities in a more efficient and cost-productive manner; and • in the event of an early termination (regardless of whether
by Christian Wolmar · 29 May 2005
became highly profitable in the boom years of the late 1980s. This was achieved by more intensive use of rolling stock, good marketing and better yield management - raising fares in markets that could bear it. Indeed, for the first time, fare rises were used deliberately by BR, under government instruction, to maximise
by Lonely Planet
to May, September to October and Christmas/New Year). Recent years have seen significant fluctuations in tourist numbers in İstanbul, so most hotels now use yield management systems when setting their rates. This means that in quiet times prices can drop dramatically (sometimes by as much as 50%) and in busy times
by Pete Dyson and Rory Sutherland · 15 Jan 2021 · 342pp · 72,927 words
2009 and 2019,18 entirely on smaller B-roads, despite car ownership in London remaining stable. Travel has become much easier. Second, online booking made ‘yield-management pricing’ possible: that is, where prices vary in line with demand. Suddenly, ideas that once seemed outlandish (flying to Budapest for the weekend, say) could
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are high, we are loss averse. High-speed rail across the world mimics air travel by using pre-booked tickets and advance fares to handle yield management. We save money by buying a ticket that is valid on only one train, meaning we need ‘buffer time’ to get to the station, and
by Christian Wolmar · 1 Mar 2009 · 493pp · 145,326 words
on the now completed motorway network. InterCity was a people’s train service, with no supplement for its use, and it was so successful that yield management techniques to maximize revenue (through charging higher fares at times of peak demand), now familiar in the aviation industry, had to be developed by British
by Paul Theroux · 9 Sep 2008 · 651pp · 190,224 words
macaws. ‘Airlines are some of our best customers. For them to get the maximum benefit from a flight, they need advice on space control and yield management.’ From ticketing to pricing to seating logistics (which is what I took ‘space control’ to mean), all this was managed by these techies in Vikhroli
by James Ball · 19 Aug 2020 · 268pp · 76,702 words
tool to help publishers track which ad network would actually make them more money, once you factored in all of their requirements. ‘I built a yield management widget, basically, that would try to figure out which ad network to allocate to, based on which would make the most money. But it didn
by Robert Gandt · 1 Mar 1995 · 371pp · 101,792 words
. The “Big Three”—American, United, and Delta—had all prospered under deregulation, developing hub-and-spoke networks, frequent-flier programs, computer reservations systems, and sophisticated yield management strategies that enabled them to overwhelm their regional competitors. While American and United, both flush with cash, spent over a billion dollars buying up the
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