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Revenue Management

In: Quantitative Problem Solving Methods in the Airline Industry

Author

Listed:
  • Darius Walczak

    (PROS Revenue Management)

  • E. Andrew Boyd

    (PROS Revenue Management)

  • Roxy Cramer

    (PROS Revenue Management)

Abstract

Revenue management is arguably the most celebrated application of mathematical modeling used in the travel industry. Originating in the airline industry around the time of deregulation in the late 1970s, revenue management has consistently been credited with increasing airline revenues by over 6%.

Suggested Citation

  • Darius Walczak & E. Andrew Boyd & Roxy Cramer, 2012. "Revenue Management," International Series in Operations Research & Management Science, in: Cynthia Barnhart & Barry Smith (ed.), Quantitative Problem Solving Methods in the Airline Industry, edition 127, chapter 0, pages 101-161, Springer.
    • Handle: RePEc:spr:isochp:978-1-4614-1608-1_3
    DOI: 10.1007/978-1-4614-1608-1_3
    as

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