PROS pioneered the science to combat buy-down by introducing Hybrid Forecasting and Optimization. PROS has continued the evolution of this approach by implementing the PROS Willingness-to-pay (WTP) Forecasting and Optimization methodology. This whitepaper will outline the key steps to the methodology. These are to forecast the price sensitivity of the demand and then adjust the value of the passenger to account for the dilution through an optimization procedure.
Airlines enable offer optimization by bringing science and control to airline retail. Airline retailing is ...
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PROS COVID-19 Taskforce is focused on airline revenue management under lockdown. See the benefits for the customers who participate.
How airlines can maximize revenue opportunities through uncertain, volatile market conditions brought on by the global COVID-19 outbreak. Get expert advice on crisis management.
Infographic data from an informal survey about how COVID-19 is affecting passenger buying habits in the Airline Industry.
The airline retailing industry is facing unprecedented disruption. Rethink current airline eCommerce strategies with these tips from PROS team of experts.
Industry experts are focused on reshaping how they approach airline digital retailing. Here are three takeaways for the new ecommerce normal from experts at PROS and Diggintravel.
The webinar highlights recovery ideas across airline eCommerce and techniques for airline digital retailing to help airlines brainstorm digital products to drive demand for flights and ancillaries.
In this webinar PROS explains the demand fluctuations and the impact on airline revenue management to help airlines navigate towards recovery.
As the coronavirus (COVID-19) outbreak spreads and the airline industry shifts to survival-mode, cutting costs, and seeking regulatory support, our team of experts at PROS is here to help.
The travel industry is experiencing unprecedented challenges. It’s time to hit the reset button on Airline retailing and identify new ways to drive revenue.
Episode 6 of Season 2 of PROS Travel Podcast:The View from 30,000 ft is a special edition i dedicated on the coronavirus and how it is disrupting the airline industry. Listen to the full audio version
As a low cost carrier (or smaller airline), there’s a lot of pressure on driving revenue and reducing costs. Digital transformation is a key part of that strategy- but how do you know where to start?
Airlines enable offer optimization by bringing science and control to airline retail. Airline retailing is a flexible process of data collection, testing, automation to enhance the customer experience
By shifting strategy from cost cutting and price wars to focus on digital transformation, low-cost carriers can have a competitive advantage over other airlines. Here’s how.
With PROS Willingness-to-Pay Forecasting and Optimization airlines can improve revenue and increase flexibility to keep up with market demands.
Episode 8 of the PROS travel podcast is dedicated on the takeaways from the 2019 IATA Retail Symposium in Bangkok.
Episode 7 of the PROS travel podcast series is dedicated on the future of airline digital transformation and what it means for airlines.
In episode 6 of the PROS travel podcast you'd hear our conversation about PROS webinar with Phocuswire discussing direct distribution and how IATA's NDC standard would make airlines better retailers.
In episode 5 of the PROS travel podcast series Karl Isler of Karl Isler Consulting is talking about dynamic pricing and solving "interesting problems" in revenue management.
In episode 4 of the PROS Travel Podcast you would hear our conversation with PROS Justin Jander and Siva Arunachalam of Etihad Airways who are discussing the value of science in revenue management.
In episode 3 of the PROS Travel Podcast you would hear our conversation with Rosario Phillips of LATAM Airlines and her insights on how unique the Latin American market is.