TABLE 1
FROM:
The continuing evolution: Customer-centric revenue management
Ben Vinod
BACK TO ARTICLETable 1. Single-dimensional restriction-free tariff structure
| Booking class | Fare | Advance purchase | Minimum stay | Cancellation penalty (%) | Description |
|---|---|---|---|---|---|
| Y | $279 | — | — | 100 | Fare classes are not independent |
| B | $249 | — | — | 100 | Lower fare differential |
| M | $209 | — | — | 100 | Multiple fares are filed, but with the same identical restrictions |
| H | $179 | — | — | 100 | Promotes 100% sell-down to the open fare class due to the absence of restrictions |
| V | $159 | — | — | 100 | |
| Z | $139 | — | — | 100 | |
| Q | $109 | — | — | 100 |

Fare classes are not independent