Dynamic Pricing with Point Redemption

Dynamic Pricing with Point Redemption - PubsOnLine - INFORMS.org

We show that the effect of point redemption on the seller's price is nontrivial, as the optimal price tilts upward or downward to the reimbursement rate.

Dynamic Pricing with Point Redemption - Search eLibrary :: SSRN

In particular, we consider a consumer who can choose to pay with cash or points based on her attributes – reservation price, point balance, and ...

What is dynamic award pricing? - The Points Guy

It means that all seats or hotel nights can be made available for redemptions, rather than a limited number for programs that use award charts.

What Is Dynamic Pricing? How This Award Pricing Model Works

Those award prices correspond to $198 and $399, respectively, for the best cash option for each flight. In either case, you're getting around ...

Maximize loyalty ROI with dynamic redemption values

The word 'dynamic' implies that algorithms are applied which vary the redemption value per point, often in real-time, rather than the value being fixed or being ...

Dynamic Pricing with Point Redemption - ACM Digital Library

We study how point redemption affects the seller's day-to-day pricing and inventory decisions. Academic/practical relevance:

Is Dynamic Pricing or Loyalty & Rewards Best for Retail? - Pricefx

Some argue that dynamic pricing is the way to go, while others believe that loyalty and rewards programs are more effective.

With dynamic pricing, do point values ever decrease or only increase?

Yesterday I looked at the pricing of a hotel I was interested in and saw it was 50k points exactly. Stupidly I didn't book, because it was late ...

Dynamic airline award pricing is out of control - The Points Guy

Most airline loyalty programs used a zone- or distance-based award chart, allowing members to look up how many points or miles they would need between any city ...

Marriott's Dynamic Pricing Unveiled: How to Score the Best Deals

In fact, a whopping 85% of Cash Per Point redemption values declined this week. To put it bluntly, this week is bad for booking with points if ...

Virgin Atlantic moving to dynamic pricing for reward seat redemptions

From 30 October members will be able to redeem Virgin Points “to pay for any seat on the plane on any date”, but going forward the pricing of ...

Dynamic pricing - Seats.aero Knowledge Base

Dynamic pricing · Fixed-price redemptions, often referred to as "saver" level awards. Saver awards are often the only type of award that can be ...

Dynamic Pricing with Point Redemption | Request PDF

Request PDF | Dynamic Pricing with Point Redemption | Problem definition: Reward points function as a new currency that consumers can spend ...

Marriott Bonvoy Moves to Dynamic Pricing, Removes Award Charts

There are about 200 hotels that will not be waiting until 2023 to start using Flexible Point Redemption Rates, and Marriott has published the ...

Dynamic Pricing with Point Redemption - PubsOnLine

Keywords: dynamic pricing • reward point redemption • consumer choice. 1. Introduction. In several industries including hospitality, financial ...

Virgin Atlantic to Switch to Dynamic Award Pricing - NerdWallet

What is dynamic award pricing? ... Dynamic award pricing means the number of points required for an award ticket can fluctuate based on demand, ...

How to Avoid Aeroplan's Dynamic Flight Award Pricing | Frugal Flyer

Aeroplan has implemented a system for many of their reward flights that shows pricing as a range of points rather than a set price on their award charts.

Dynamic Pricing with Point Redemption - Search eLibrary :: SSRN

We consider a consumer who can choose to pay with cash or points based on reservation price, point balance, and the perceived value of a point.

Dynamic pricing helps hotels improve customer loyalty - Kantar

Redemption point value is dependent on the cash rate set by individual hotels. Point prices need to be in sync as cash rates fluctuate, in ...

Live: Virgin Atlantic Saver Awards and Dynamic Pricing

Virgin Atlantic has shifted to dynamic pricing for award flights, making some business-class flight redemptions cheaper and others more ...