1. Industry Overview:
In France, one of the most popular transport modes is train. SNCF is France’s national railway, providing high speed, overnight and local services in France and beyond into Spain, Switzerland and Italy.
>> http://www.tgv-europe.com/en
Types of Train in France:
Railway industry is quite similar to airline industry, as it sells seats for a transport from an origin to a destination. The price depends on journey, class, and date of booking. Thus, railway industry can be placed in Quadrant 2, where its service has variable prices for a predictable duration. This industry also has the appropriate characteristics to apply revenue management strategies. Those characteristics are:
– Inflexible capacity: the number of seats on a train is fixed
– Variable and uncertain demand: the demand is different depending on the time of day, day of week, origin-destination pairs, and purpose of travel
– Perishable inventory: the unoccupied seat cannot be inventoried, and the revenue of that seat is missed
– Low marginal cost and high production cost
– Product can be sold in advance
– Heterogeneous customers with different segments, varying by age, purpose of travel, independent or group, etc.
However, there are some differences that make the revenue management of railway industry is little bit different than that of airline industry.
– More difficult to forecast demand and to have the accurate number of travelers on a service: no check-in procedure, open tickets (rail pass) generally allow passengers to travel on any rail service, walk up tickets are very common (a large number of passengers purchase their tickets on the day from the station)
– Less difficult to deal with overbooking: passengers are often allowed to stand during train journeys hence increasing capacity beyond the number of seats
———
2. Space
Railway industry defines space implicitly.
Normally, a train has two classes: Economy (2nd Class) and Comfort (1st Class). The seating options and services are different for each class. The price is same for different seating options in a class.
Economy Class:
Comfort Class:
Trains, especially TGV has “TGV bar”, which provides a wide selection of meals and sweet snacks available for purchase. Additionally, the TGV bar offers films on DVD, magazines, games for children, Paris Metro tickets, even USB sticks for purchase. There is also a rolling snack cart that comes to the customers’ seats.
For additional revenue, TGV offers Premium service includes 1st Class seat, meal service, and access to the TGV lounge at the train stations.
Personally, I would charge difference fares for different seating options in each class. A group will want to pay more to have a Club 4 seat. A couple will want the Duo seat or Club 2 seat. And an individual traveler will want a solo seat. As the number of seat are fixed, we can charge for each option, rather than a “first comes first served” policy.
I’m also thinking about a mini-cinema on train, especially overnight train. Normally, the overnight train have load factor less than 80%, so the train can use one car to transform into a mini-cinema with a projector and a screen. When the train is busy, the car will be transformed in normal guest car again.
——
3. Time
Railway industry defines time implicitly.
Although the duration of a journey is determined, the railway industry sells a journey rather than specifically selling time. In addition, there may be issues that cause the increase/decrease in duration of the journey.
However, the railway industry also tries to sell time explicitly with the Rail pass. With Rail pass, customers can have unlimited travel on the national rail network of France for a fixed number of days. The choices are 3, 4, 5, 6, 7, 8 or 9-day pass within a one-month period. Travel days may be used consecutively or non-consecutively. Thus, the fare becomes rate-per-day, not anymore rate-per-trip.
>> http://www.raileurope.com/rail-tickets-passes/france-pass/index.html
The industry can sell time explicitly by providing Rail pass with weekly or monthly unit. However, I think it will not be effective as it makes the demand forecasting much more complicated. Half-day unit won’t make sense as a trip is normally more than 3 hours.
——–
4. Price
Tickets can be purchased 60 to 120 days in advance depending on the route.
Ticket discounts are based on advance purchase, availability, and certain restrictions. Everyone is eligible to receive discounted fares by purchasing an Economy or Comfort class ticket in advance. Youth and seniors can enjoy specific discounts as well. Discounted tickets are available for youth (under 26 of age), seniors (age 60 and over) and children (generally ages 4-11) but should be verified with each product.
Price at 1 week before departure
Price at 2 weeks before departure
Price at 3 weeks before departure
Price at 4 weeks before departure
Normally, prices are reduced for 1or 2 week-advanced purchase, slightly reduced for 3-week-advanced purchased, and stay same for more-than-4-week-advanced purchase.
The physical rate fences are the classes:
The non-physical rate fences are age, season ticket, and loyalty
As the rate fences are now already too sophisticated, I would rather consolidate these fences than create new fences to confuse customers.
(-Thao Ly)
——–
References:
http://www.raileurope.com
http://www.tgv-europe.com
http://www.sncf.co.uk/
Amstrong and Messneir, 2010. Railway revenue management: Overview and Methods
Schroeder, Braun, and Schnieder. Revenue management in the railway industry
MLBB is a mobile multiplayer online battle arena game that is popular throughout the world. In MLBB, players will form a team with five other players to fight against opposing teams in a battle arena. For more information, visit this website https://www.deviantart.com/mlbbviral
Your post really resonated with me, and I found myself nodding along as I read through it. I especially appreciated your idea and the way you presented it.
Thank you for taking the time to create such valuable content. Your blog is always a go-to resource for me, and I look forward to reading more of your work in the future. bankruptcy chapter 7 attorney near me
Awesome post
female to male body massage centres near me
“Your positivity radiates from jb florist every word you write. Thank you for being a beacon of light in a sometimes dark world!”
“I just wanted to take a moment penang florist to express my gratitude for the wonderful content you share on your blog. Your positivity is truly refreshing and much-needed!”
kapuas88 Situs Judi Online Link Login Resmi Dan Terbaru 2024
Bahis Siteleri Listesi
Athlético PR, Athlético PR jogo ao vivo
Spor Bahisleri Rehberi
Outstanding website! I appreciate the attention to detail in design. polototo
Monster Rabbit offers a potent blend of natural ingredients, including epimedium royal performance honey, known for its enhancement properties. Elevate your vitality and performance with Monster Rabbit’s premium supplements, carefully crafted for optimal results.
It’s perfect time to make some plans for the future and it is time to be happy. I’ve read this post and if I could I desire to suggest you few interesting things or suggestions. Perhaps you could write next articles referring to this article. I wish to read even more things about it! Varioslot138
very good factors you wrote here..amazing stuff…I assume you’ve got made some actually interesting points.hold up the best paintings. anxiety counselling vancouver
I love the way you write and share your niche! Very interesting and different! Keep it coming! panen77
Ödeme Yapan Bahis Siteleri
Please continue this great work and I look forward to more of your awesome blog posts. ตารางคะแนนพรีเมียร์ลีก 2024
Shop for truly exceptional, customized and personalized gifts and home goods. Unsurpassed quality. We strive to surpass your expectations with quality and creative concepts. We are a small family owned business and we pride ourselves on quality and customer service. home décor
The content on your website is informative and engaging Janjitoto
Wow, your latest article was a fantastic read! It felt like a friendly chat over coffee, but with a ton of valuable insights. Your knack for breaking down complex stuff makes it so easy to connect with your content. woninginrichting
Truly unique, personalized, custom gifts and accents made from retired whiskey barrels. Cigar butlers, whiskey barrel coasters, personalized whiskey barrel lids and much more for your home bar & man cave. whiskey gifts
I just wanted to drop a quick note to say how much I enjoyed your recent post. Your writing style is like having a conversation with a knowledgeable friend. Keep up the great work—it’s much appreciated! Vinyl fence installation
Your article is like a little treasure trove of wisdom. The way you explain things is so relatable, almost like we’re sitting down and you’re sharing your experiences. Thanks for making learning so enjoyable! goedkoop zolpidem kopen
I couldn’t help but smile while reading your latest piece. Your passion for the topic shines through, and it’s contagious! Your writing feels like a friendly guide, and I’m genuinely looking forward to more. dormicum 15 mg kopen
Your post felt like a breath of fresh air! It’s not just about the information—it’s the way you present it. Reading your stuff is like catching up with a friend who always has the best stories and advice. lorazepam kopen met ideal
Custom glass whiskey decanters. Laser engraved, unique, heavyweight, lead free and personalized for you. The perfect gift to complete any home bar or man cave. Excellent gift for birthdays, anniversaries, weddings, housewarmings, and more. bourbon glasses
An fascinating discussion is value comment. I think that it is best to write extra on this matter, it won’t be a taboo topic however generally people are not enough to talk on such topics. To the next. Cheers 99math join
Personalized, impressive wine bottle gift bags for wine enthusiasts. Your gift bags reflect your own private reserve. Low minimums. Sturdy, original, custom and stylish. Make a private statement with your gift! wine and country gift baskets
Boost your Financial Services Business with our Crypto Ads Agency. Get Ads Approval & Scale Ads for any Social Media Platform & Search Engines.
Personalized charcuterie boards – uniquely yours with custom laser engraving! Our handcrafted hardwood serving trays and cutting boards can be engraved with names, dates, quotes, designs, and more. Create personalized charcuterie boards for weddings, gifts, parties, yourself, and any occasion! Expert shipping on all customizable boards. large charcuterie board
In the world of the baccarat industry, money management is extremely important BCR99Thailand Because it is a factor that determines the success and risk of players in this game. Playing baccarat is not just gambling for fun. But it is also an investment that requires caution and careful planning to achieve the best results.
If we want to learn how to manage money in baccarat to its fullest potential. We must learn to create a game plan and financial plan that suits our situation. One of the advantages of playing baccarat is that there are many different betting styles available. From simple betting To choose to play multiple items at the same time
Managing money in baccarat begins with determining the extent of funds available to invest in playing. It is best to choose funds that we can lose without affecting our financial situation. If we have sufficient funds Money management in Baccarat is easier and more flexible.
Using a betting strategy is also important when managing money in Baccarat. For experienced players It is important to use the right betting formula and adjust it according to the game situation. Using the right strategy may help us reduce our risk and increase our chances of winning.
Additionally, caution in playing is important when managing money in baccarat. Being careful and using an understanding of the game and betting styles will reduce the risk of losing money. The risks involved in playing baccarat include both winning and losing. Therefore, money management in the baccarat industry should focus on creating stable and sustainable play over the long term.
follow the newest trends in fashion and are quite curious about clothing. The best website for leather clothing is Jacket Ware
Elevate your coffee station with our personalized, handcrafted coffee bar signs! Choose from cup holders, boards, coffee stands, mug racks, mug trees and signs that can be customized with names, quotes, designs. Perfect custom engraved coffee bar décor for gifting or your own kitchen. Shipping across the country on all customizable coffee bar signs and holders! coffee mug holders
Bendera138
mari kita bermain game yang viral hanya di situs terpercaya dan resmi di tahun 2024 hanya di sini.
KUBHD เว็บดูหนังมาแรงในตอนนี้ สามารถดูหนังออนไลน์ฟรี 24 ชั่วโมง ที่มีคุณภาพที่สุดในตอนนี้ ไม่มีโฆษณามารบกวนใจ อีกทั้งมีหนังมากมายมาให้เลือกชม มากมายกว่า 10,000 เรื่อง
ดูหนังฟาส
Immigration solicitors
Immigration Lawyers UK offer only 7 Day service to all our clients. We are the Number 1 choice for immigration help. Available 7 days a week. Access: Manchester, London, Sheffield, Leeds, Bradford, Oldham, Blackburn and Birmingham
大手サイトの口コミでは酷評が禁止されており、満足いかなかったという体験談を投稿しても採用されません。当サイト（シャボンネット）では、吉原、川崎の高級ソープランドに特化して他のサイトにはないディープな情報を配信しています。嬢に傷つかない範囲での酷評についても掲載をしています。ユーザのリアルな”生”の声を参考にしてみてください。
ソープ体験談
From the Professor to Tokyo, find your favorite character’s costume in our Money Heist collection.
Money Heist Costumes
In the finance sector, Blockchain News Middle East holds immense promise for enhancing efficiency, reducing costs, and improving transparency. Several banks in the Middle East have been exploring blockchain-based solutions for cross-border payments, trade finance, and digital identity management. For instance, the Saudi Arabian Monetary Authority (SAMA) has partnered with Ripple, a blockchain payments company, to pilot instant cross-border payments using blockchain technology.
The Crypto News Middle East has become an attractive destination for cryptocurrency investments and trading, with a growing number of investors and traders participating in the market. The region’s affluent population and tech-savvy youth are driving demand for digital assets, leading to the emergence of crypto exchanges, investment funds, and trading platforms catering to the Middle Eastern market.
Penjelasan Lengkap Tentang Gaji di PT Kahatex Cijerah
Kamu pasti penasaran, berapa sih gaji yang bisa kamu dapatkan jika bekerja di PT Kahatex Cijerah? Sebagai salah satu perusahaan tekstil besar di Indonesia, PT Kahatex Cijerah menawarkan gaji yang menarik dan kompetitif. Mari kita ulas lebih lanjut.
Struktur Gaji yang Menarik
Di PT Kahatex Cijerah, struktur gaji disesuaikan dengan posisi dan pengalaman kerja kamu. Untuk posisi entry-level, gaji yang ditawarkan biasanya sejalan dengan standar industri. Sedangkan untuk posisi yang membutuhkan keahlian khusus, gaji bisa lebih tinggi.
Benefit Tambahan untuk Karyawan
Tidak hanya gaji pokok, PT Kahatex Cijerah juga memberikan berbagai benefit tambahan seperti tunjangan kesehatan, asuransi, dan bonus tahunan. Hal ini tentunya menambah daya tarik bagi kamu yang ingin bergabung dengan perusahaan ini.
Kesimpulan
Jika kamu tertarik untuk berkarir di bidang tekstil, PT Kahatex Cijerah bisa menjadi pilihan yang tepat. Dengan gaji yang kompetitif dan berbagai benefit menarik, perusahaan ini menawarkan kesempatan yang baik untuk pengembangan karirmu. Untuk informasi lebih lanjut, kunjungi Gaji PT Kahatex Cijerah .
Artikel yang menarik, sangat membantu saya dalam memahami konsep ini. penerjemah jakarta barat
Thank you a bunch for sharing this with all people you actually know
what you’re talking approximately! Bookmarked. Kindly additionally discuss with
my site =). We could have a link trade arrangement among us
노래방알바
Sangat mengapresiasi tulisan ini, terima kasih atas informasinya. Genset Genpac Open / Silent MTU 2250 kVA GM2250
Penjelasannya sangat padat namun jelas, membuat saya semakin tertarik dengan topik ini. jasa penerjemah ijazah profesional
Artikel yang sangat informatif, sangat membantu saya dalam memahami konsep ini. Genset Genpac Open / Silent MTU 2100 kVA GM2100
Thank you for the wonderful article and valuable information.
I’m excited to explore further and enhance my skills,
eager to delve into the future to learn and grow even more.
Initial You got a awesome blog. I determination be involved in plus uniform minutes. I view you got truly very functional matters. I determination be always checking your blog blesss. forex robot
Sangat suka dengan gaya penulisan penulis, membuat saya ingin terus membaca artikel ini. jasa penerjemah dokumen perusahaan
I am often to blogging and that i truly appreciate your content regularly. This article has really peaks my interest. I will bookmark your internet site and keep checking achievable information. it security assessment
As a beautiful and friendly lady based in the wonderful city of surat, I offer a refined and luxury companionship service in surat.