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An Engineering Pricing Model for Scenic Spots Based on Revenue Management.

Authors :
Zhiping, Duan
Ranran, Li
Huaifu, Ma
Source :
Systems Engineering Procedia; Jan2011, Vol. 1, p279-285, 7p
Publication Year :
2011

Abstract

Abstract: Since the end of 2004, ticket prices of China''s major scenic spots have increased substantially. The sharp rise phenomenon is mainly due to the single pricing method for scenic spots and the back flush cost. Based on the analysis of these problems, this paper puts forward a dynamic engineering pricing method of revenue management to set the price of scenic spots tickets. Meanwhile, the established pricing model and the numerical example could provide some information for the relevant official sectors as reference. [Copyright &y& Elsevier]

Details

Language :
English
ISSN :
22113819
Volume :
1
Database :
Supplemental Index
Journal :
Systems Engineering Procedia
Publication Type :
Academic Journal
Accession number :
70164251
Full Text :
https://doi.org/10.1016/j.sepro.2011.08.043