Airline News Express airline NEws Express We Report to you In This Issue: Airline Yield Management The practice of Yield management has been widely adopted by service organizations in the past three decades. Yield management originally started in the airline industry and this capacity management strategy is also most often applied by airlines. The practice of yield management‚ especially in the airline industry‚ has been discussed in many different studies. There is‚ however
Premium Pricing Marketing Airline
Hotel Yield Management – Educational Kit INDEX INTRODUCTION GENERAL OVERVIEW 1. INTRODUCTION 1.1 The Changing Marketplace 1.2 The Paradigm Shift 1.3 How To Measure Business Performance 1.4. The Management Problem 1.5 Yield Management Users: The Current Situation 1.6 Today’s Limit In Applying Yield Management 2. WHAT EXACTLY IS YIELD MANAGEMENT 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 The Yield Management Definition The Trade-off Between Rate and Revenue The Revenue Impact Of Rate Differentiation Market Segmentation
Premium Marketing Management
The internal rate of return (IRR) and the net present value (NPV) techniques are 2 investment decision tools that satisfy the 2 major criteria for the correct evaluation of capital projects. This criterion is that the techniques should incorporate the use of cash flows and the use of the time value of money. This makes them viable techniques for evaluating investment proposals. The Net Present Value is one of the techniques that are used by firms when evaluating which investment proposals to take
Premium Net present value
Table 2.2 Progression Q2 MARKET Indexes OCC Index ADR Index RevPAR Index Apr 01 1.05 0.89 0.94 May-01 1.09 0.90 0.98 Jun-01 1.09 0.90 0.98 Apr 02 1.11 1.01 1.13 May-02 1.11 0.98 1.09 Jun-02 1.09 0.98 1.07 Table 2.3 Quarter 2 April Y1 SEGMENT RATE PREMIUM STANDARD Corp. Tour Large Group Small Group Direct WE 175 164 120 132 140 Direct WD 183 161 115 128 134 GDS WE 179 171 140 GDS WD 187 161 135 OTA WE 179 170 OTA WD 187 160 WHOLE WE 200 175 WHOLE WD 195 160 Table 2.4 Quarter 2 April Y1 Comp
Premium 1920 1917
calculator) Exam Review: GDP: * Y = C + I + G + ( X - M ) Pent-Up Demand “If you want to slow an economy to a screeching halt‚ make tax policy uncertain.” Fiscal Cliff: * Jan 1‚ 2013 * Bush era tax cuts expire‚ increasing tax rate for ALL income groups * Automatic spending cuts (Official) Start of the last recession: * December 2007 (Official) End of last recession: * June 2009 Chapter 16: * Not on final‚ but know the difference between risk of bankruptcy
Premium Inflation Monetary policy Bond
How the Federal Funds Rate Affects 10 Year Treasury Bond Yields ______________________________________________________________________ I. Introduction The Federal Open Market Committee raised the federal funds target interest rate from the historically low 1% to 1.25% at its meeting in June 2004. Macroeconomic theory tells us that long-term interest rates tend to move in the same direction‚ and generally in concert with‚ shortterm interest rates (Abel 2005). So‚ we would expect the yield on a
Premium Bond Economic growth Economics
The Basics of Yield Management Weld-management systems have boosted revenue at many properties‚ but these electronic tools are not always compatible with the operating atmosphere of a hotel. If you want to introduce yield management at your property‚ you may need to make some changes first by Sheryl E. Kimes YIELD MANAGEMENT is becoming part of the standard operating procedure for many hotels with sophisticated electronic property-management systems. Appropriately tailored to the hotels they
Premium Psychology Education Management
What is Maturity? Different people see the meaning of maturity in different ways. People often think of maturity as being associated with a specific age. But in many cases‚ when a person has reached the age which is considered to be “mature”‚ he or she may not yet be mature mentally. Maturity is not defined by a specific age. The United States government‚ similar to that of other countries‚ has a set of specific ages in which people are considered “mature” enough to participate in activities such
Premium Brain Human brain Alcoholic beverage
Discuss research related to failure to form attachment 12 Marks AO1 = /6 AO2 = /6 Curtis et al. studied the case of Genie‚ a girl who was left in isolation until being found at the age of 13‚ and being beaten when she made noise. When she was found she could barely walk‚ and could not talk. Researchers and doctors managed to tech her minimal vocabulary; however she could never string a sentence together and did not fully recover. Perhaps this was due to early emotional privation or the late
Premium Scientific method Attachment theory Maternal deprivation
Question 4: Culture is both a key concept and a contested concept in anthropology. Discuss. I will be discussing how culture is used in anthropology‚ how it has seeped out into other fields of research and also its uses in normal everyday life. I will be looking at why this key concept has been and is still contested by some anthropologists. How it has created problems in the field and how we perceive people through the concept of culture. This done through the understanding of the definition of
Premium Anthropology Culture Cultural anthropology