scholarly journals A Study on High-Speed Rail Pricing Strategy in the Context of Modes Competition

2013 ◽  
Vol 2013 ◽  
pp. 1-6 ◽  
Author(s):  
Enjian Yao ◽  
Qirong Yang ◽  
Yongsheng Zhang ◽  
Xun Sun
Keyword(s):  
Theoretical Analysis ◽  
Market Share ◽  
High Speed ◽  
Stated Preference ◽  
Choice Models ◽  
Pricing Strategy ◽  
High Speed Rail ◽  
Nested Structure ◽  
Transport Modes ◽  
Occupancy Rates

High-speed rail (HSR) has developed rapidly in China over the recent years, for the less pollution, faster speed, comfort, and safety. However, there is still an issue on how to improve the seat occupancy rates for some HSR lines. This research analyzes the pricing strategy for HSR in Wuhan-Guangzhou corridor based on the competition among different transport modes with the aim of improving occupancy rates. It starts with the theoretical analysis of relationship between market share and ticket fare, and then disaggregate choice models with nested structure based on stated preference (SP) data are established to obtain the market share of HSR under specific ticket fare. Finally, a pricing strategy is proposed to improve the occupancy rates for Wuhan-Guangzhou HSR. The results confirm that a pricing strategy with floating fare should be accepted to improve the profit of HSR; to be specific, the ticket fare should be set in lower level on weekdays and higher level on holidays.

Passenger Train Design for Increased Competitiveness

1998 ◽  
Vol 1623 (1) ◽  
pp. 144-151 ◽  
Author(s):  
Karl Kottenhoff
Keyword(s):  
Willingness To Pay ◽  
Market Share ◽  
Air Conditioning ◽  
High Speed ◽  
Stated Preference ◽  
Low Noise ◽  
Operating Costs ◽  
Noise And Vibration ◽  
Passenger Trains ◽  
Ticket Prices

Passenger trains have great potential to increase their market share, provided that good conditions are created for train traffic. This has been proven by modern, comfortable trains with good on-board service, high speed, and fewer quality shortcomings. One serious threat is that high ticket prices limit demand. Efficiency has to be increased. Operating costs can be reduced using modular train configurations, increased space utilization, double-deckers, or wide trains and higher speeds. The last example, higher speeds, also increases the attractiveness of traveling by train. Other factors to increase attractiveness—where stated preference interviews show that passengers’ willingness to pay is high—include low noise and vibration levels, good ventilation (air-conditioning), varied seat configuration with adjustable seats, play areas for children, and service attributes, such as radio/music outlets at seats and free coffee and tea in each car. The impression of modernity itself also plays an important role in enhancing the level of attractiveness.

A Study on Travel Demand for High-Speed Train Based on Nested Logit Model

2013 ◽  
Vol 361-363 ◽  
pp. 2096-2099
Author(s):  
En Jian Yao ◽  
Qi Rong Yang ◽  
Yong Sheng Zhang ◽  
Hong Na Dai
Keyword(s):  
Logit Model ◽  
High Speed ◽  
Travel Demand ◽  
Stated Preference ◽  
Rapid Development ◽  
Nested Logit ◽  
High Speed Train ◽  
Long Distance ◽  
Stated Preference Data ◽  
Nested Structure

High speed train (HST) has received plenty of attention due to the characteristics of safety, quickness, convenience and better service in China over recent years. With consideration of rapid development of HST and intense competition between HST and other transport modes, it is essential to estimate the travel demand for HST. In this research, a disaggregate logit model is applied to estimate the travel demand for high-speed train based on stated preference data. Considering the independence of irrelevant alternatives attribute, a nested structure is chosen to these alternatives. Besides, both the service attributes of transport mode and passengers' attributes are taken into account when establishes model. The results obtained confirm that HST occupies a significant position in modes conpetition and have an important impact on air in middle and long distance market.

scholarly journals Demand Forecast of Jakarta-Surabaya High Speed Rail based on Stated Preference Method

2019 ◽  
Vol 10 (2) ◽  
pp. 405
Author(s):  
Harun al-Rasyid Lubis ◽  
Vinsensius Budiman Pantas ◽  
Muhammad Farda
Keyword(s):  
High Speed ◽  
Stated Preference ◽  
Demand Forecast ◽  
High Speed Rail ◽  
Stated Preference Method

Logit Model-Based Research on Market Position of Jing-Hu High Speed Rail

2014 ◽  
Vol 641-642 ◽  
pp. 783-789
Author(s):  
Jin Liang Jiang ◽  
Hong Wei Zhu ◽  
Xiao Jia Wang
Keyword(s):  
Market Structure ◽  
Survey Data ◽  
Market Share ◽  
Travel Behavior ◽  
Logit Model ◽  
High Speed ◽  
Air Transportation ◽  
Market Position ◽  
High Speed Rail ◽  
Behavior Characteristics

This paper aims to analyze how the introduction of high-speed rail (HSR) influences the market structure in the Beijing-Shanghai passenger corridor of China.First of all, through the analysis of travel behavior characteristics of this passenger corridor, the logit model is constructed to analyze the market share among the modes of high-speed rail (HSR), existing railway lines, air transportation and highway. Secondly, based on the survey data , the parameters of logit model are calibrated by using transcad software.Then the market share ratio for all transport modes of Beijing-Shanghai passenger corridor is calculated through the calibrated logit model. Finally, this paper makes some research on how the air transportation influences the new HSR in terms of market share. This paperprovides several scenarios of market share ratio of high-speed rail (HSR) and makes a comparison among thembased on the hypothesis that the market influence of the air transportation is improved by adopting efficient and effective measures.

scholarly journals Impact of High-Speed Rail on Social Equity—Insights from a Stated Preference Survey in Vietnam

2022 ◽  
Vol 14 (2) ◽  
pp. 602
Author(s):  
An Minh Ngoc ◽  
Hiroaki Nishiuchi
Keyword(s):  
Low Income ◽  
High Speed ◽  
Stated Preference ◽  
Social Equity ◽  
High Price ◽  
High Speed Rail ◽  
Stated Preference Survey ◽  
Income Groups ◽  
Low Income Groups ◽  
The Impact

This study investigated the impact of high-speed rail (HSR) on social equity, utilizing information from a stated preference survey conducted in Vietnam. Social equity was examined across the population of four cities representing the northern, central, and southern areas of Vietnam. In general, the high price of HSR is one of the barriers to using HSR over inter-city buses and conventional trains. Low-income groups (less than VND 6 million per month) have 4.894 and 4.725 times the likelihoods, compared to higher income groups, of retaining the use of an inter-city bus or conventional train, respectively, after introducing HSR. Our findings reveal the fact that social inequity may occur, with the low-income group being especially vulnerable, due to the existence of HSR in the future. Furthermore, our results indicate that the interest of people towards inter-city buses and conventional trains varied among the four cities before and after the presence of HSR. More specifically, low-income groups in Vinh and Nha Trang were observed to have a higher feeling of staying away from HSR, as they prefer to use inter-city buses. The findings of this study suggest that planners and policymakers need to consider various components of HSR ticket planning, in order to achieve sustainable evolution of the passenger rail system.

Plánované vysokorychlostní železnice v České republice a hlavní konkurenční dopravní módy

2021 ◽  
Author(s):  
Milan Viturka ◽  
Vilém Pařil
Keyword(s):  
Czech Republic ◽  
High Speed ◽  
Traffic Flows ◽  
Passenger Transport ◽  
Relevant Alternative ◽  
High Speed Rail ◽  
The Czech Republic ◽  
Comparative Analyses ◽  
Transport Modes ◽  
Bus Transport

The paper deals with comparative analyses of the main competing transport modes in terms of the planned construction of high-speed rail / HSR. In the conditions of the Czech Republic, it is practically only bus transport and individual car transport (including relevant alternative types of transport). In this context, based on available data from traffic statistics, the existing traffic flows in passenger transport on the roads corresponding to the planned HSR routes are analysed. The main goal of the article is to present the results of comparative analyses of transport modes representing the most important potential competitors of the planned HSR and the subsequent synthesis of the obtained results. In accordance with the fact that the key destination is of course Prague, followed by Brno, especially their planned interconnection using HSR (assuming an adequate supply of a competitive solution) has greatest potential for shifting part of demand from bus but also from individual car transport to rail.

scholarly journals An Intercity Freight Mode Choice Model : A Case Study of High Speed Rail Link Northern Line Thailand (Bangkok – Chiangmai)

2020 ◽  
Vol 308 ◽  
pp. 04003
Author(s):  
Jessada Pochan ◽  
Wachira Wichitphongsa
Keyword(s):  
High Speed ◽  
Choice Model ◽  
Stated Preference ◽  
Mode Choice ◽  
Selling Price ◽  
High Speed Rail ◽  
Time Frequency ◽  
Rail System ◽  
Loading And Unloading ◽  
Freight Mode Choice

This paper presents a model capturing the intercity freight mode choice behaviour in high-speed rail system from Bangkok to Chiangmai. The model is developed based on the stated preference data collected from 800 freight operators, wholesaler, retailer, and people. The results show that, when the high-speed rail system from Bangkok to Chiangmai are developing in the future, the suitable products for high-speed rail system are types of an express mail service (EMS), air cargo, gold, jewellery, gold accessories, computer circuit boards, high prices agricultural products such as fruit, and flowers. Most of determining the selling price will fluctuate with the speed of transport and damage impairment of the product. With the application of discrete choice models, the results show that, aside from travel cost and time, loading and unloading, delays time, frequency are statistically significant. The application of model indicated that the holder and freight forwarder which in the line of high-speed rail (Bangkok – Chiangmai) tend to use rail-transport such as double-track rail is 27.71%, high-speed rail is 11.18% and the most is trucks 56.51% which is a policy development point loading and unloading, multimodal transportation efficiency and safety of the portion of the freight high-speed rail increased.

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