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Posts tagged Revenue
2010 JDA Software Pulse on prices and Management Survey shows growth in sales revenue in the travel, transportation and hospitality
01 year ago
Scottsdale, AZ (NYSE) 27 September 2010
According to a recent survey? 2010 managementa Pulse on prices and incomes? under the direction of JDA ® Software Group, Inc., companies in the travel, transportation and hospitality industry achieved solid revenue growth to 3 percent with prices and advanced technology management revenue.
JDA
surveyed 120 business leaders to its 2010 Travel Awards and Revenue Management conference this year to identify the business impact of the use of pricing and revenue management technology and to provide a snapshot of pricing and revenue management in a number of industries. The survey found that over three quarters of the respondents made more than 1 percent gain additional revenue, while nearly a third as many as claims a gain of 3 percent. In total, 96 percent reported a positive return on investment (ROI) within three years, while 42 percent ROI achieved within the first year.
respondents include the following sectors: rail (28 percent), followed by hotel and leisure companies (18 percent), tour operators (12 percent) and board followed (7 per cent). Among the companies reporting higher profits, almost all using the advanced technology of revenue management.
â? With the success of revenue management in the airline industry began, other sectors such as catering, transport, rail passenger and freight traffic on similar approaches to pricing and revenue management that will take accurate demand forecasting, pricing and revenue optimization, â? Said Andy Archer, senior vice president, pricing and revenue management group, JDA Software. â? This year? The market investigation has shown that the forces of change and price transparency continues to increase, this technology will continue to grow in importance. ????
While
price flexibility is accepted by consumers in some industries, particularly in the field of air transport of passengers, consumers are still very sensitive to price fluctuations in passenger traffic. The railways in the UK for example, have less scope to raise the prices due to government restrictions on ticket prices and changing conditions.
Added
Archer, â? Undoubtedly, this survey shows strong evidence that the assumption allows the head of pricing and revenue management technology for business, tourism and travel in the world at home to sales and business development to improve and respond effectively to their customers’ work? Needs. While once known as â? Good to have â? We believe that pricing and revenue management technology quickly became a â? Must havea? for companies to stay competitive. JDA is committed to helping companies represented a real results of this study with our innovative Revenue managementa price sensitive? ¢ Solutions.IT p> ???? In reviewing
technology vendors, recommends JDA search for solutions to pricing and revenue management that provide an integrated approach to supply and demand through the following functions:
a demand forecast? Advanced Forecasting analysis of price elasticity of demand and its impact on consumers? Willingness to pay and provides companies with global visibility they need to make the demand.
Optimization prices? Through price optimization, companies can set their pricing strategy and the optimal price based on competitive prices, capacity constraints, local demand and the economics of the company and others. A clear strategy allows the company to gain maximum returns and market shares.
Revenue management â? With automated revenue management, companies can achieve competitive advantages to gain by distributing the right amount of perishable inventory or capacity for the right customer segments to maximum profitability.
Optimization of the assets? Maximize the utilization is critical for driving revenue. Using a sophisticated solution enterprises have to balance the ability to analyze and implement the decisions of high-impact network, improving the use of inventory data and the ability to supply and demand, and improve business processes and efficiency.
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For more information on the results and trends of the industry in the survey, JDA, check the pulse of 2010 review of revenue management and pricing studies or prices and JDA Revenue Management.
About JDA
pricing and revenue management group
JDA Price and Revenue Management Group, a global business unit within JDA Software is a leading provider of revenue managementa price sensitive? ¢ solutions to improve company profits through the balance of supply and demand through the forecast, innovative pricing and revenue management. benefits for over 25 years, businesses in the travel industry, transport, hotels and the media from continuous innovation and deep expertise of JDA. Learn more about prices and JDA Revenue Management.
About JDA Software Group, Inc.
JDA ® Software Group, Inc., The Supply Chain Company ® is a global leader in supply chain management with innovative merchandising and pricing solutions excellence. JDA helps over 6,000 enterprises of all sizes to optimal decisions, improve profitability and concrete results in the discrete manufacturing and process industries, wholesale trade, transportation, retail and service sectors. With a portfolio of integrated solutions across the supply chain from raw material to consumer, JDA operates the powerful heritage and indigenous knowledge of the market leaders, including the purchase of i2 Technologies ®, Manugistics ®, E3 ®, Arthur ® and Intactix ®. JDAâ? S multiple service options for customers with flexible configurations, quick time-to-value, lower total cost of ownership and 24 / 7 functional and technical expertise and assistance. For more information on JDA Software, visit jda.com,
e-mail or follow info@jda.com JDASoftware
Twitter.
This press release contains forward-looking statements based on the Safe Harbor provisions of the Private Securities Litigation Reform Act made in 1995. The forward-looking statements are generally identified by words such as â accompanied? can, â? â? A,? â? ensure â? â? Help, â? â? Enabler? and â? Expectations? and other words with forward-looking connotations. In this release, such forward-looking statements include, without limitation, discusses some strategies for revenue management, the businesses in the travel industry, transport, hotels, and help increase the profitability of the media industry. The occurrence of future events, a number of risks and uncertainties, including but not limited to: (a) strategies can lead to the desired results, (b) it can be implemented and problems with the integration of strategies and find (c) other risks detailed from time to time in the â? Risk Factors of’???? Section of our filings with the Securities and Exchange Commission.
â? JDAâ? is a trademark or registered trademark of JDA Software Group Inc. any trade, product or service that is mentioned in this document with a name? JDAâ? a trademark and / or property of JDA’s Software Group, Inc.
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Vikings Tickets
Low-cost carrier: No frills, Discounts and allowances, Budget, Airline, United States, Europe, List of low-cost airlines, Ancillary revenue
11 year ago
by admin
in Air Travel
A low-cost carrier or low-cost airline (also known as a no-frills, discount or budget carrier or airline) is an airline that offers generally low fares in exchange for eliminating many traditional passenger services. The concept originated in the United States before spreading to Europe in the early 1990s and subsequently to much of the rest of the world. The term originated within the airline industry referring to airlines with a lower operating cost structure than their competitors. While the term is often applied to any carrier with low ticket prices and limited services, regardless of their operating models, low-cost carriers should not be confused with regional airlines that operate short flights without service, or with full-service airlines offering some reduced fares.
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Price: $ 63.65
5 Simple, Quick Ways to Increase your Vacation Rental Revenue
01 year ago
by admin
in Accommodations
You have found the perfect vacation home in the perfect setting. Follow these simple steps to help increase your rental revenue, so your vacation home is not only a place for you to relax but also an instrument in helping create financial wealth.
#1: Understand Your Competition and Target Market – Browse various vacation rental websites and talk to property managers who offer rentals in the area. This will give you an idea of the current market to help set competitive prices as well as help you determine what amenities you should consider in order to make your property stand out. This can also help answer common questions/concerns: How do owners handle deposits? Outside of deposits, what are other fees I should consider charging? Should I allow pets?
Evaluate your vacation home to determine for which groups your property is best suited – couples, families, large groups, adventure, relaxation, etc. This will help you create advertisements that will appeal to target audiences. Find advertisements that you find appealing and use those to guide you in the creation of your own advertisement.
#2: Advertise, Advertise, Advertise – The vacation home that’s the best-kept secret isn’t generating much revenue. Get your property out where people will see it! There are many websites that offer free advertising with minimal work for you. Seek these sites out first, as it is a way to generate some exposure without the cost. To get even more exposure, look for sites with high visibility by spending a little time doing some research. Try various search engines to find which vacation rental sites get the most exposure for your area. This will help you pick a vacation rental website that generates high traffic for your locale. These sites will most likely have attached fees, but these fees will usually pay for themselves with just one successful lead. The more sites you advertise on, the more traffic you will generate for your vacation home.
#3: A Picture Says a Thousand Words – Potential renters want to see what they are getting before they get it! Simply advertising your site with basic descriptions is not enough. In the vacation rental business, pictures are key since the majority of people will rent sight unseen. Be sure to take many pictures of your vacation home to highlight its features. If possible, try to stage the pictures – set an appealing dinner table with dinnerware that suits the location/decor, make sure bed and bath areas are clean and appeal to the senses, take pictures with good lighting – you don’t want dark, dreary pictures. The more pictures you take, the better. You want to charm potential renters while erasing doubts.
Finally, add the words to match the pictures. Make your listing stand out from the typical “2BD/2BTH Beachfront Condo” description. Be creative! If you find it hard to express yourself, imagine having to describe your vacation rental to a friend who is visiting for the first time. How would you describe the front of the property? What aspects of the property do you love? What do you think they will like the most? What types of great activities can you offer during their stay? Be specific in your descriptions. Let potential renters know exactly what amenities you offer and highlight nearby attractions.
#4: Offer an Availability Calendar – The Internet has given us instant access to all sorts of information and many potential renters expect that same access from you. By providing an availability calendar, renters can find out immediately if you have openings for their schedule or determine the best dates for their travel based on your availability. This will also prove to be a time saver. You will no longer need to waste your precious time returning phone calls or sending emails saying, “Sorry, we’re booked that week. ” Spend your time dealing only with truly potential inquiries.
#5: Offer Promotions – Sure a ski chalet does great in the winter and the beach house is booked all summer, but what about the off-season? To generate yearlong income, you may want to consider reduced prices for quiet months. This will make your property stand out when compared to its competition. In addition, find attractions for your property that are still available during the off-season (i. e. their may be no snow for skiing, however, the ski runs make great mountain bike trails in the summer and nearby trails offer nice hiking opportunities). Remember, even if it is not the peak season, you can still capture an audience that is looking for a quieter time to travel with alternative activities and bargains to boot!
Watermark Vacation Rentals offers online advertising for your vacation home as well as a great resource to find vacation homes around the world for your travels!
Port of San Francisco spends to bring in revenue
0Port of San Francisco spends to bring in revenue
It’s burdened by rotting piers, crumbling historic buildings and stalled development projects, but the Port of San Francisco spent close to $80,000 sending its employees around the world, throwing parties for cruise lines and buying meals that cost hundreds of dollars. But city, Port and business…
Read more on The San Francisco Examiner
