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Rigorous Revenue Management: AI Tech Tools Take Pricing and Forecasting Accuracy to the Next Level

Lodging

Revenue management in the hotel industry has become a science over the last few years with pricing strategies that increasingly factor in supply/demand fluctuations and the development of automated revenue management systems (RMSs).

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Changing the Game: Inside the New Strategy Redefining Airline Pricing

Skift Blog

Skift Take: Airline revenue management is undergoing a significant transformation powered by AI and machine learning. By forecasting demand and offering personalized pricing, the PROS Willingness-to-Pay (WTP) model can help airlines enhance both revenue and customer satisfaction. PROS Read the Complete Story On Skift