Tag: price optimization

Kim Darnofall 0
SAS loves stats: Mark Kindem

Mark Kindem can thank his parents and brother for getting him started on the road to being a statistician. “My dad was a baseball card guy,” Kindem said. “I used to pore through data as a kid.” Kindem and his brother would line up baseball or basketball cards on the living

Waynette Tubbs 1
Why big data analytics now?

A current media hype phrase used to describe the ever-growing volume and size of corporate information is "big data." SAS hosts an annual series of business leadership conferences that bring together industry thought leaders, innovators, world leaders, challengers and inspirational speakers to discuss the dynamics needed for a competitive future.

Kelly McGuire 3
Revenue management's next frontier? Rate rationalization.

Hotels and airlines have traditionally optimized revenues by forecasting demand against a pre-set rate structure, and offering rates (or opening and closing fare classes) based on predicted demand levels. While inventory allocation, along with overbooking and length of stay controls, has resulted in revenue increases, executives have not always stopped