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A systematic literature review of revenue management in passenger transportation

Salvatore Ammirato (Department of Mechanical, Energy and Management Engineering, University of Calabria, Rende, Italy)
Alberto Michele Felicetti (Department of Mechanical, Energy and Management Engineering, University of Calabria, Rende, Italy)
Roberto Linzalone (Department of Mechanical, Energy and Management Engineering, University of Calabria, Rende, Italy)
Antonio Palmiro Volpentesta (Department of Mechanical, Energy and Management Engineering, University of Calabria, Rende, Italy)
Giovanni Schiuma (Department of Mathematics, Computer Science and Economics, University of Basilicata, Potenza, Italy)

Measuring Business Excellence

ISSN: 1368-3047

Article publication date: 23 March 2020

Issue publication date: 22 April 2020

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Abstract

Purpose

This paper proposes an in-depth and complete literature review of the revenue management (RM) issue in the passenger transportation industry. The purpose of this paper is to investigate structural elements and characteristics that help to make sense of the current body of RM literature under a managerial perspective.

Design/methodology/approach

The RM literature landscape is analysed according to a systematic literature review approach to point out the main topics around which the scientific literature has grown in the past 30 years. Topics are further categorized in themes by means of an agglomerative hierarchical clustering procedure.

Findings

First, the scientific literature of the past 30 years has been categorized into ten topics and four themes. Second, topics and themes are put in contrast with stages of the RM business process to highlight research areas still unaddressed by the literature. Third, the paper suggests research lines for future-related works that could positively contribute to the elevation of RM from a system of techniques to a “strategic management” theory.

Originality/value

Available literature reviews of RM in passenger transportation are focused on quantitative aspects and poorly structured in the systemic view of the RM. To the best of the authors’ knowledge, this research is the first of its kind, as it aims to assess the whole body of literature, rather than specific themes, and to do it under a management/business perspective.

Keywords

Acknowledgements

The research activity reported in this work is funded by POR CALABRIA FESR-FSE 2014-2020 within the research project “Moving +: dati in movimento” (CUP J28C17000300006).

Citation

Ammirato, S., Felicetti, A.M., Linzalone, R., Volpentesta, A.P. and Schiuma, G. (2020), "A systematic literature review of revenue management in passenger transportation", Measuring Business Excellence, Vol. 24 No. 2, pp. 223-242. https://doi.org/10.1108/MBE-09-2019-0096

Publisher

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Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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