Amtrak to offer discounts on trains
Amtrak to offer discounts on trains
By DONNA DE LA CRUZ
Associated Press Writer
Article in Business Week Online discussing the newish Amtrak ticket pricing policy. Amtrak is now practicing yield management or Revenue management "because it works" the article says; and it goes on "you might have three prices, low, medium and high, and what you want to do is can charge the highest price on those departures where you have the greatest demand."
Amtrak is to offer discounts of as much as 15 percent for some tickets on its Acela Express and Metroliner trains. The article focused on these trains but the yield management pricing is in effect for all Amtrak trains.
Playing the Amtrak pricing system will likley be important for me in keeping my commuting costs as low as possible.
By DONNA DE LA CRUZ
Associated Press Writer
Article in Business Week Online discussing the newish Amtrak ticket pricing policy. Amtrak is now practicing yield management or Revenue management "because it works" the article says; and it goes on "you might have three prices, low, medium and high, and what you want to do is can charge the highest price on those departures where you have the greatest demand."
Amtrak is to offer discounts of as much as 15 percent for some tickets on its Acela Express and Metroliner trains. The article focused on these trains but the yield management pricing is in effect for all Amtrak trains.
Playing the Amtrak pricing system will likley be important for me in keeping my commuting costs as low as possible.
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