Revenue management is arguably the most celebrated application of mathematical modeling used in the travel industry. Originating in the airline industry around the time of deregulation in the late 1970s, revenue management has consistently been credited with increasing airline revenues by over 6%.
Revenue Management
Int.Ser.Operations Res.
2011-12-21
61 pages
Article/Chapter (Book)
Electronic Resource
English
Revenue Management , Cancellation Rate , Discrete Choice Model , Protection Level , Exponentially Weighted Move Average Business and Management , Organization , Regional/Spatial Science , Operations Research/Decision Theory , Industrial Organization , Engineering Economics, Organization, Logistics, Marketing , Civil Engineering
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