PROS to Help Drive Hawaiian Airlines’ Revenue Growth Strategy
June 30 2021 - 9:00AM
Business Wire
PROS Revenue Management Advantage delivers
accurate demand forecasting and optimal fares to maximize revenue
lift and accelerate growth
PROS® (NYSE: PRO), a provider of AI-powered solutions that
optimize selling in the digital economy, today announced Hawaiian
Airlines has selected PROS Revenue Management Advantage (RM
Advantage) as a key driver to steer its revenue growth strategy by
delivering accurate demand forecasting and optimal fares in an
increasingly competitive and complex marketplace.
Hawaiian Airlines is Hawai‘i’s largest and longest-serving
airline. Named the most punctual airline in the United States,
Hawaiian Airlines offers approximately 130 flights within the
Hawaiian Islands, 64 daily nonstop flights between Hawai‘i and 16
U.S. gateway cities – more than any other airline – as well as
service connecting Hawai‘i with international destinations around
the Pacific. As passengers return to the skies, forecasting demand
trends and behaviors to deliver a market-relevant fare mix is
critical to the airline’s post-pandemic success.
“The rebound in leisure travel requires a world-class solution
that will help us best respond to continuous changes in demand,”
said Brent Overbeek, Hawaiian Airlines Senior Vice President for
Revenue Management and Network Planning. “After a robust and
comparative analysis and selection process, we selected PROS to
leverage the most innovative science and advanced capabilities for
our revenue management approach. With PROS, we will have the
competitive edge to continue to provide superior value to our
guests and support future network revenue expansion.”
RM Advantage, an edition of PROS Revenue Management, is part of
the PROS Platform for Travel and features the latest in technology
and revenue management best practices and workflows. As a
SaaS-based solution, RM Advantage is scalable and allows airlines
to transition smoothly from one PROS edition to the next as its
business grows. It features AI-based forecasting and optimization
designed to deliver the optimal price, even in the most volatile of
markets.
“We at PROS are honored to be selected by Hawaiian Airlines as
its new partner in revenue management. Now more than ever, airlines
need to protect and grow revenue while accurately forecasting
market trends,” said Benson Yuen, PROS President, Travel. “RM
Advantage provides the platform that meets Hawaiian Airlines’ needs
to accelerate growth, including the latest technologies to make the
best decisions and to streamline processes that will scale as the
airline’s business continues to evolve.”
For more information on PROS Airline Solutions, visit
https://pros.com/airline-products/.
About PROS
PROS Holdings, Inc. (NYSE: PRO) provides AI-powered solutions
that optimize selling in the digital economy. PROS solutions make
it possible for companies to price, configure and sell their
products and services in an omnichannel environment with speed,
precision and consistency. Our customers, who are leaders in their
markets, benefit from decades of data science expertise infused
into our industry solutions.
Forward-looking Statements
This press release contains forward-looking statements,
including statements about the functionality and benefits of
AI-powered solutions to organizations generally as well as the
functionality and benefits of PROS software products. The
forward-looking statements contained in this press release are
based upon PROS historical experience with AI-powered solutions and
its current expectations of the benefits of AI-powered solutions
for organizations that implement and utilize such software. Factors
that could cause actual results to differ materially from those
described herein include the addressability of an organization’s
AI-powered solution needs, the risks associated with PROS
developing and enhancing products with the functionality necessary
to deliver the stated results and the risks associated with the
complex implementation and maintenance of AI-powered solutions such
as PROS software products. Additional information relating to the
uncertainty affecting the PROS business is contained in PROS
filings with the Securities and Exchange Commission. These
forward-looking statements represent PROS expectations as of the
date of this press release. Subsequent events may cause these
expectations to change, and PROS disclaims any obligations to
update or alter these forward-looking statements in the future
whether as a result of new information, future events or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20210630005232/en/
Amanda Parrish aparrish@pros.com 832.924.4731
Pros (NYSE:PRO)
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