PROS Revenue Management Holds Successful Workshop in Support of China Market Airlines; Powerful Business Solutions for Real-World Challenges.HOUSTON -- PROS Revenue Management announces the successful completion of the first all-China Revenue Management Workshop. The workshop was held in the superb facilities of the Zhejiang Xizi Government Guest House in Hangzhou, The Peoples Republic of China. The Workshop was chaired by Dr. Siliang Yang yang (yang) [Chinese] in Chinese philosophy, the active, positive, masculine principle that is complementary to yin; see yin, under principle. , Regional Managing Director at PROS Revenue Management. Topics of discussion at the China Revenue Management Workshop included: --KPI measurements from PROS system reports --The progression from no revenue management to O&D --Fine-tuning forecasts in the China market --The importance of Network Revenue Analysis and the use of PROS' NRPS NRPS New Riders of the Purple Sage (band) NRPS Niagara Regional Police Service NRPS NonRibosomal Peptide Synthesis NRPS Non-Regular Permanent Staff (British military) NRPS Notice Review Processing System System --Senior Management Forum "This PROS Workshop is aimed at keeping executives, managers and users on top of the latest trends with leading-edge revenue management solutions," said Pete Kiernan, Senior Vice President of Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. at PROS. In his opening remarks that were simultaneously translated into Mandarin Mandarin (măn`dərĭn) [Port. mandar=to govern, or from Malay mantri=counselor of state], a high official of imperial China. For each of the nine grades there was a different colored button worn on the dress cap. , he continued, "It is a forum in which real-world practitioner and PROS experts present and discuss practical solutions for the most important revenue management issues of today. We are honored to share time with our colleagues in the China market and to work to proactively address the unique issues that drive this marketplace." The workshop was attended by 71 representatives of all the major airlines of China and those serving China gateways ranging from the expert users to senior airline executives. The entire forum was conducted in Mandarin giving the Chinese-speaking clients an opportunity to exchange ideas which would otherwise have been unavailable due to language and travel limitations. This year's workshop was expertly co-hosted by China Eastern Airlines China Eastern Airlines Corporation Limited (Simplified Chinese: 中国东方航空股份有限公司) (SSE: B>600115 . Air China has graciously gra·cious adj. 1. Characterized by kindness and warm courtesy. 2. Characterized by tact and propriety: responded to the insult with gracious humor. 3. offered to co-host next year's workshop. About PROS PROS Revenue Management is the world leader in pricing and revenue optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. solutions and the pioneer and dominant provider of revenue optimization to the travel and transportation industry. PROS is the world leader in pricing and revenue optimization solutions with over 240 deployed solutions in 13 major industries, optimizing millions of pricing decisions every day and has more than 100 clients in 39 countries. PROS' clients include 17 of the top 25 carriers in the airline industry. The PROS mission is to maximize the revenue of each client using PROS' world-leading revenue optimization science, enterprise profit optimization, and pricing optimization solutions. PROS' clients report annual incremental Additional or increased growth, bulk, quantity, number, or value; enlarged. Incremental cost is additional or increased cost of an item or service apart from its actual cost. revenue increases of 6-8% as a result of demand forecasting and revenue optimization. PROS' solutions forecast demand, optimize optimize - optimisation inventory, and provide dynamic pricing optimization to maximize revenue. Founded in 1985 in Houston, PROS Revenue Management has 25 straight quarters of profitability, in large part due to the intellectual capital of its staff, which includes over 20 Ph.D.s. Over half of PROS' professional staff has advanced degrees and the staff speaks a cumulative total of 26 languages. The company is profitable with revenues in excess of $30 million per year. For more information on PROS Revenue Management, please visit www.prosRM.com. |
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