The Application Research Based on the Idea of Revenue Management in the Market of High-Speed Railway

Abstract:

Due to the fierce competition in the passenger market and the problem of low transportation capacity and seating rate in off-season, it is necessary for the railway station to carry out market-oriented revenue management and reasonable application of dynamic price control method, especially for the high-speed railway targeted at the high price and high quality of service. Combined with the practical operation situation of high-speed railway, the paper mainly puts forward the dichotomy method and implement step of dynamic price control and selling strategies with a limitation, considering the share of train all operation costs including the acquisition of train, aiming at providing certain suggestions for the operation management in high-speed railway.

• Periodical: Applied Mechanics and Materials (Volumes 361-363)
• Pages: 2109-2112
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.361-363.2109
• Online since: August 2013
• Authors: Pei Zhou, Jun Fang Jia
• Keywords: Dichotomy Method, High-Speed Railway (HSR), Revenue Management, Ticket Price

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