Hybrid Forecasting for Revenue Management in Action

The airline chose PROS to extend its O&D III solution to include Hybrid Forecasting.

PROS O&D with hybrid capabilities improved revenue by enabling the airline to accept more high-yield bookings and move lower-yield bookings to more profitable options. Analysis shows that the solution increased revenue 4.7% in three test markets (which serve predominantly business travelers), and generated an additional US $1.5 million in revenue on six targeted routes to/from those markets. These studies showed that a hybrid solution can be expected to produce a 1% to 4% revenue increase in predominantly business travel markets, and a 7% to 10% lift in predominantly leisure travel markets.

Previous Flipbook
Ebook: Food and Beverage Manufacturers, Is Modern Commerce on Your Menu?
Ebook: Food and Beverage Manufacturers, Is Modern Commerce on Your Menu?

Technology and data science capabilities are improving exponentially, but you may be risking future growth ...

Next Flipbook
Price Quoting Solution Boosts Efficiency, Drives Sales Increase
Price Quoting Solution Boosts Efficiency, Drives Sales Increase