Anyone's guest if it's a blip or new trend. While gas prices may impact your number of trips, crowd highway are still a issue.The real question is: is the recent drop in ridership just a blip or a new trend. When the subject comes up everyone refers to the law of supply and demand; and the consensus seems to be that the drop in demand is due to gas prices.
I am sure any revenue manager understands supply and demand. However a cash shortage is driving the issue. A high ranking manager (non-revenue) stated lowering price would only make the cash flow issue worse.Is it possible that Amtrak revenue managers forgot that the law of supply and demand works both ways and suffer from that all too typical lack of an historical view, thinking that what goes up doesn't go down and vice versa. The law of supply and demand says prices rise when demand rises; but also says lower demand follow rising prices and reduced amenities.
The high bucket price at 11 months, is spreading to all routes. Takes care of the travel agents who book in bulk for resale later, and the once a life time travelers coming from overseas.I've noticed on the routes I've following that even during low season, Amtrak has been posting high room prices and then reducing them. This has to turn away some of those who believe the old mantra of book early to get the lowest price.
Cause and effect. 6 months out is the sweet spot.
No I don't like it, but travel in Europe, only recently you could book a sleeper longer than 90 days out.