Monday, June 18, 2012

Post #12 June 18, 2012 - Revenue Managed

I thought I should share this video from American Airlines about inventory and revenue management. It explains why airfare changes so much - per American's own revenue management folks. I find this very insightful of how the process works, which should give you a fairly good idea what goes behind pricing. This is true to airfare and most other travel related products out there that is why I think this video provides a very good overview what factors are considered in your airfare and even your hotel rates. Play the video below...

Consider this as more of an educational tool to help you learn more about the travel industry. If you have any comment, please feel free to leave them below. 

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