TY - JOUR
T1 - Customers' perceptions of demand-driven pricing in revenue management context
T2 - Comparisons of six tourism and hospitality industries
AU - Heo, Cindy Yoonjoung
AU - Lee, Seoki
N1 - Copyright:
Copyright 2020 Elsevier B.V., All rights reserved.
PY - 2010/10
Y1 - 2010/10
N2 - Revenue management (RM) has been widely applied in capacityconstrained tourism industries to maximise revenue by effectively managing demand and capacity. To gain long-run profit, understanding customers' perceptions of RM practices is important. This study attempts to build a better understanding of customers' perceptions of RM practices in terms of familiarity and fairness in six tourism and hospitality industries: airlines, hotels, restaurants, golf clubs, galleries and museums and theme parks. In addition, the study examines customers' perceptions of capacity scarcity during highdemand seasons for the six industries.
AB - Revenue management (RM) has been widely applied in capacityconstrained tourism industries to maximise revenue by effectively managing demand and capacity. To gain long-run profit, understanding customers' perceptions of RM practices is important. This study attempts to build a better understanding of customers' perceptions of RM practices in terms of familiarity and fairness in six tourism and hospitality industries: airlines, hotels, restaurants, golf clubs, galleries and museums and theme parks. In addition, the study examines customers' perceptions of capacity scarcity during highdemand seasons for the six industries.
UR - http://www.scopus.com/inward/record.url?scp=77957992906&partnerID=8YFLogxK
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U2 - 10.1504/IJRM.2010.036030
DO - 10.1504/IJRM.2010.036030
M3 - Article
AN - SCOPUS:77957992906
SN - 1474-7332
VL - 4
SP - 382
EP - 402
JO - International Journal of Revenue Management
JF - International Journal of Revenue Management
IS - 3-4
ER -