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Clustering as an approach for creating data-driven perspectives on air travel itineraries
This paper proposes to create data-driven perspectives on airline ticketing data by defining groups of air travel itineraries independently of geographical or temporal attributes. We demonstrate the approach by analysing an extensive empirical data set featuring ticketing data from several carriers...
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Published in: | Journal of revenue and pricing management 2022-04, Vol.21 (2), p.212-227 |
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container_end_page | 227 |
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container_title | Journal of revenue and pricing management |
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creator | Vock, Sebastian Garrow, Laurie A. Cleophas, Catherine |
description | This paper proposes to create data-driven perspectives on airline ticketing data by defining groups of air travel itineraries independently of geographical or temporal attributes. We demonstrate the approach by analysing an extensive empirical data set featuring ticketing data from several carriers as collected by the Airlines Reporting Corporation. The analysis compares five cluster quality indicators to evaluate effects of pre-processing and clustering decisions. Benchmarking the results against a more traditional geographical grouping demonstrates the potential for data-driven analysis. Finally, we highlight ways in which the resulting cluster perspectives could support demand forecasting, performance evaluation, and analyst interventions. |
doi_str_mv | 10.1057/s41272-021-00323-0 |
format | article |
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ispartof | Journal of revenue and pricing management, 2022-04, Vol.21 (2), p.212-227 |
issn | 1476-6930 1477-657X |
language | eng |
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source | ABI/INFORM Global (ProQuest); Springer Nature; Alma/SFX Local Collection |
subjects | Airline industry Business and Management Clustering Research Article Ticket sales |
title | Clustering as an approach for creating data-driven perspectives on air travel itineraries |
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