Shop: Pre-defined Price Points with Dynamic Price Adjustments [SHPREV]

Guidance for Schema Version:

21.3

Definition of Capability

Airline

Utilizing filed prices and revenue management availability by booking class. Then adjust the price using mark-up or mark-down and applying science optimization algorithms.

Seller

Not applicable

NOTE: System Providers will use the above definition that pertains to their customers for Capabilities Verification.

Links to EASD Implementation Guidance

Provide a link to the published capability specific guidance or state Not Available

NOTE: Retailing Capabilities Verification Guidance will align to the published EASD Implementation Guidance at all times. From time to time when new guidance is published this will be updated and supersede any Retailing Capabilities Verification Guidance listed below.

Retailing Capabilities Verification Guidance

Further information regarding dynamic offer creation can be found at the below link.

https://www.iata.org/contentassets/72cbd60393ff42b5975d90ce9e049a7d/iata-dynamic-offers-brochure_airs2019.pdf

Airline

Provide documentation briefly describing how you achieve dynamic adjustments on top of existing fare-based prices.

NOTE: For all versions prior to that listed above (generally the most recent), the verification will be based on the guidance available for that version. In the case that no guidance is available, verification will be at IATA’s discretion.