The novel coronavirus pandemic has had a seismic impact on the travel industry. With a steep drop in customer demand and the inability of airlines to forecast demand for flights with any degree of ...accuracy, this paper proposes an alternative approach to revenue management that monitors key revenue management metrics and take corrective action with demand and supply levers to make the revenue plan happen. In a COVID-19 era, in the absence of reliable demand forecasts, this operationally driven robust revenue management approach is a viable alternative to manage seat inventory than traditional methods.
The novel coronavirus pandemic has had a seismic impact on the travel industry. With a steep drop in demand and flight cancelations on international routes, airlines have reduced capacity on a scale ...that we have never seen before. In the current environment, airlines are strapped for cash, and cashflow is a prerequisite for survival. As airlines navigate through the resumption of flights in a Covid-19 and post-Covid-19 era, this paper recommends an approach for airlines to generate cashflow from corporations for their mutual benefit.
Artificial Intelligence in travel Vinod, B.
Journal of revenue and pricing management,
06/2021, Letnik:
20, Številka:
3
Journal Article
Recenzirano
Over the past four decades Operations Research (OR) has played a key role in solving complex problems in airline planning and operations. Over the past decade Artificial Intelligence (AI) has seen a ...rapid growth in adoption across a range of industry verticals such as automotive, telecommunications, aerospace, and health care. It has been acknowledged that while adoption of AI in the travel industry has been slow, the potential incremental value is high. This paper discusses the role of AI and a range of applications in travel to support revenue growth and customer satisfaction.
Air shopping volumes have been growing at a rapid rate over the past decade. The four components of air shopping are schedule generation, itinerary selection, booking class availability and itinerary ...pricing. Booking class availability is the most volatile and this paper discusses the impact of revenue management, inventory control and booking class availability on air shopping.
After deregulation of the airline industry, revenue management has evolved from flight leg and flight segment-based inventory controls to origin and destination inventory controls. Advances in ...revenue management have always focused on more granular controls to maximize revenues. Revenue management of individual seats is the most granular level of inventory control by customer segment or individual customer. This paper discusses the evolution of revenue management leading up to the inventory control of individual seats.
Serous cavity may be involved by any neoplasm, including very rare examples of involvement by central nervous system tumors leading to a malignant effusion. The serous cavity lining is rich in ...lymphatics with lymphatic lacunae opening directly through narrow gaps (stoma) in the lining. Carcinomas mainly metastasize to serosa via the lymphatic vessels, which may be blocked leading to effusion. Primary carcinomas of organs such as lung, intestines, liver, ovary, etc., lined by serosal membranes may spread by direct extension, resulting in malignant effusions. As standard of practice, unless specified, cytopathologic examination of serous effusions implies detection of malignant cells.
As compared to a surgical biopsy from a small focal area of an extensive serosal surface, effusion fluid from respective cavity exfoliates the cells from the entire serosal surface with minimal chance of sampling artifact. Because of this, effusion fluid cytology generally provides a higher diagnostic yield as compared to biopsy of the serous lining, as demonstrated by some studies. However, various challenges related to effusion fluid cytology makes the interpretation of effusion fluid cytology a field with potential misinterpretations, especially for those without proper experience or training.
Developing and following a methodical approach is important for appropriate cytologic examination of effusion fluids. Proper approach may achieve definitive interpretation even without ancillary tests. However, lack of appropriate approach and processing may introduce a significant variation in interpretation due to combination of well-recognized diagnostic pitfalls, which may lead to lower reproducibility and even serious misinterpretations.
Current review discusses in brief appropriate approach to processing and evaluating effusion fluid cytology for metastatic carcinoma. At general level, this is comparable to that of other specimens; however, it is critical to modify with reference to the limitations associated with effusion cytology.
Blockchain in travel Vinod, B.
Journal of revenue and pricing management,
02/2020, Letnik:
19, Številka:
1
Journal Article
Recenzirano
Blockchain is a disruptive emerging technology that is gaining in momentum with a range of applications in travel including loyalty, contract management, security and personal identity, revenue ...management, secure payment, and related areas. This paper examines the potential for the adoption of blockchain technology, current shortcomings, and what needs to be overcome for mass adoption in travel.
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