The PROS Science team continuously works on innovative projects and research initiatives to move forward the PROS solutions, including PROS Revenue Management. In this session, Ravi Kumar, Lead Scientist at PROS, provides insight into the work he and our airline partners have done for incorporating competitive data into our willingness-to-pay model. This session gives airline revenue managers a brief overview of how the data was used and key outcomes from the research. After the video, if you'd like to learn more about the research, you can access the full paper published in the Journal of Revenue and Pricing Management.
Airlines have different definitions of dynamic pricing. There are many different types of dynamic pricing, ...
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PROS is ready to support your airline in the transition to customer-first retailing with the PROS Platform for Travel. Simplify airline revenue management, distribution, sales, and digital retail.
Airlines have different definitions of dynamic pricing. There are many different types of dynamic pricing, all varying in complexity but in the end enable airlines to break away from rigid class-based
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Deep dive into the future of airline revenue management systems with different approaches to dynamic pricing, including the implementation of fare strategies to influence OD availability.