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Author Question: Why do you think airlines built revenue management systems before hotels? What will be an ideal ... (Read 93 times)

karen

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on: Sep 11, 2019

Question 1

What factors determine demand for one attraction over another?
 
  What will be an ideal response?

Question 2

Why do you think airlines built revenue management systems before hotels?
 
  What will be an ideal response?


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C.mcnichol98

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Reply #1 on: Sep 11, 2019

Answer 1

Location, price, and consumer preferences.

Answer 2

This was probably just happenstance since the technology was just as available to hotels at the time that American Airlines built the first revenue management system in travel and tourism. However, airlines, which have historically been less profitable than hotels, in general may have felt a bit more urgency in maximizing revenue.


karen

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Reply 2 on: Sep 11, 2019
YES! Correct, THANKS for helping me on my review

FergA

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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