Category: forecasting

Long Time No See – Meet us at one of these upcoming industry events!

After a long period of limited personal exchange we are looking forward to the upcoming industry events where Travel in Motion will be present, such as IATA’s Digital, Data and Retailing Symposium in Madrid from 26th till 28th October, PROS Outperfom Virtual Conference which will take place from 16th till 18th November and  the World Aviation Festival on 1st and 2nd December in London. Please reach out to us to personally reconvene. See you soon!

 

Revenue Management Forecasting

March 11, 2021

As we are getting towards the end of the first quarter of 2021, we can see that air traffic is picking up and that several projects are being revamped. But fundamental to a sustainable restart is the recovery of passenger revenues, and particularly a proper forecast of the revenues to come. To give some insight, our Managing Partner Andrea Riesen has summarised her thoughts on Revenue Management (RM) Forecasting in a TiM QuickView paper. It provides an excellent overview of forecasting best practices and guides the reader from the theoretical background of RM to a best practice approach, where Andrea shares her experiences from working within various airline revenue management departments. Feel free to download your personal copy of the whitepaper here.

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