New Delhi, May 3 -- Sciative Solutions, a leader in AI-powered pricing optimization, has released a comprehensive new report revealing strikingly divergent pricing trends in the hotel and airline sectors following the recent unrest in Srinagar. The report shows a 22% drop in hotel prices and a 46% surge in outbound airfares, illustrating the ethical dilemmas faced by both industries as they navigate dynamic pricing in times of crisis.
Key Findings:
* Hotel Price Decline: Hotel room rates in the Srinagar region fell by an average of 22% during the week following the crisis, with some properties cutting prices as much as 46% to encourage bookings amid a significant downturn in demand.
* Airfare Spike: Outbound airfares from Srinagar expe...
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