OVERVIEW
Both passenger travel and cargo carriers must navigate a complex route to success. In today’s unpredictable environment, you need to know when to lower prices to drive bookings — and when to hold out for higher margins. Now you have the perfect travel companion: JDA Pricing and Revenue Management for Travel and Transportation. This dynamic, flexible solutions suite analyzes customer behaviors, historical bookings and current market conditions to optimize your profitability.
DESCRIPTION
Key Features
- State-of-the-art demand forecasting engine that considers current and historical bookings, as well as special events
- Profit-driven price recommendations
- Price elasticity modeling and consumer segmentation for passenger travel
- Capacity forecasting, overbooking and dynamic hurdle rate optimization for cargo
