pricing - GoWanderGuide

AI-Driven Surge Pricing Comes to Airfares and Hotel Rates

Travel NewsMay 29, 202561Views

It’s bad enough when you need an Uber just as the ball game is ending across town, and a $24 ride jumps to $68. But now that $549 airline ticket to London can leap to $849 just as quickly, when the AI brain powering the airline’s revenue management system gets word that a Bad Bunny…

Travel News

NY Gov. Hochul says congestion pricing will remain

Traffic moves along midtown Manhattan on February 19, 2025 in New York City. Earlier in the day, the Trump administration terminated approval of New York City congestion pricing. Alex Kent | Getty Images New York City's $9 congestion toll on drivers in Manhattan's busiest areas will remain in effect, despite the federal government's Sunday deadline…

April 30, 202543Views

Travel News

Airlines flex pricing power, signaling higher fares in 2025

Travelers walk through O'Hare International Airport in Chicago, Illinois, on December 20, 2024 ahead of the upcoming Christmas holiday. Kamil Krzaczynski | AFP | Getty Images Higher airfare is in store this year as strong demand, even during the dead of winter, and limited capacity growth prompt airlines to flex their pricing power. Fare-tracking platform…

January 23, 202596Views

Travel News

Brain rot was word of the year, dynamic pricing was also a contender

9parusnikov | Istock | Getty Images Oxford University Press may have crowned "brain rot" the word of the year, but "dynamic pricing" was also a top contender. Originally coined by economists in the late 1920s, dynamic pricing refers to "the practice of varying the price for a product or service to reflect changing market conditions.…

December 5, 2024115Views

Frontier Airlines change fees scrapped in pricing overhaul

A Frontier Airlines plane lands at the McCarran International Airport in Las Vegas on Feb. 27, 2020. Elizabeth Page Brumley | Tribune News Service | Getty Images Frontier Airlines said it will stop charging customers a fee to change their flights, taking a page from larger competitors as the Biden administration issues…

May 18, 2024152Views