Dynamic Ticket Pricing

Description

Product Category : User Cases

Format : PDF

Optimizing Ticket Revenue with AI-Powered Real-Time Pricing Strategies.

Dynamic ticket pricing uses AI to adjust airfare rates in real time based on various factors, such as demand, seasonality, flight route, and competitor pricing. This approach helps airlines maximize revenue while remaining competitive. By analyzing booking trends and market conditions, AI models can set prices that appeal to customers while optimizing load factors and profitability.