Award Date

1-1-1999

Degree Type

Thesis

Degree Name

Master of Science (MS)

Department

Hotel Administration

First Committee Member

John Bowen

Number of Pages

88

Abstract

Companies that have highly perishable inventories have used yield management quite extensively over the past decade. The process helps to maximize revenues based on demand. The airline industry was the first to adopt the process into a business setting and has seen varying results along the way. Much of the existing research is geared towards examining the revenue producing potential of the system. There has been little research however, to examine how this process of shifting price to manipulate demand effects customer loyalty; This research attempts to evaluate what the effects actually are when price is used as the major tool in controlling demand. This research will address consumer behavior issues associated with yield management pricing. Some examples are how yield management effects perceived value and trust. Issues like overbooking, price thresholds, reference prices, and rate increases will also be examined by creating specific scenarios to capture the attitudes of the business traveler in each case.

Keywords

Business; Changes; Effects; Hospitality; Industry; Intentional; Loyalty; Overbooking; Price; Response; Travelers; United States

Controlled Subject

Marketing; Management

File Format

pdf

File Size

1873.92 KB

Degree Grantor

University of Nevada, Las Vegas

Language

English

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