Airlines that aren’t providing potential customers with dynamic offers when and where they want them could be missing out. Modern consumers expect retailers to provide a seamless bridge from immediate inspiration and personalized shopping to smooth purchase and travel experience.
Early adopters of AI across industries have already realized and demonstrated its significant benefits, but the travel industry is still slow to embrace this cutting-edge technology to improve business operations, customer experiences, and revenue performance.
Michalik will help FLYR position itself for further growth, accelerating its ability to help travel and transportation leaders overcome the dynamics of an ever-changing industry that has struggled to evolve its relationship with technology.
FLYR founder and CEO Alex Mans spoke to Skift about how travel organizations should reprioritize and reorganize their core business strategies around data, analytics, and decision making to fully optimize their use of AI.
In this video from Skift Global Forum East 2022, we hear from Pace Revenue’s Jens Munch on the need for travel companies to take a more sophisticated approach to managing data that can help them make better, faster, and more profitable decisions.
Using dynamic pricing, net room revenue picked up in the 90-day booking window was 7 percent higher than it would have been under our legacy, static pricing model.
“We serve a niche market – the gay community – and we were really shooting ourselves in the foot by looking at comps all the time.”
FLYR
Elevating results
