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2014•Unpublished venueRequires access

An Overview of Railway Revenue Management in China

Xiaoqiang Zhang, Jingfan Li, Qianqiu Zhuang

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Abstract

Revenue management is widely used for maximizing a company's revenue, especially for those instant products. This article reviews the railway revenue management both inside and outside China. The paper focuses on railway passenger and freight revenue management and puts forward some shortcomings of the current research. Finally, it makes the long-range outlook for railway revenue management.

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What this paper is about

Revenue management is widely used for maximizing a company's revenue, especially for those instant products. This article reviews the railway revenue management both inside and outside China. The paper focuses on railway passenger and freight revenue management and puts forward some shortcomings of the current research. Finally, it makes the long-range outlook for railway revenue management.

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Available abstract

Revenue management is widely used for maximizing a company's revenue, especially for those instant products. This article reviews the railway revenue management both inside and outside China. The paper focuses on railway passenger and freight revenue management and puts forward some shortcomings of the current research. Finally, it makes the long-range outlook for railway revenue management.

Key concepts: Revenue, Revenue management, Yield management, Revenue model, China, Business, Revenue assurance, Revenue center

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