I’m exactly the same actually (albeit I’m in the fortunate position of not paying full price so don’t ever need to purchase advance tickets).
Obviously avoiding allocated seating is easier when travelling in Kent than in other areas.
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Careful… They might just decrease/eliminate peak fares and increase off peak fares across the board.
I do wonder if the government might now be regretting spending all that money on massive fleets for London services rather than spreading the investment more evenly across the country. If higher quality stock was used on Northern and GWR local services, for example, then comfort might be a selling point of rail and then the high fares would be justified. It's hard to argue that a rattly, noisy Sprinter with a refurbishment done on the cheap is especially comfortable though.
The popular departures like 10:00 would become unaffordable.
I do wonder if the government might now be regretting spending all that money on massive fleets for London services rather than spreading the investment more evenly across the country.
If trains are full it isn't just because the fares are affordable. Some people are placing value on being able to get to their destination for an event. Essentially some of those would travel whatever the cost (within reason). If the railway were to price journeys according to perceived demand, revenue would increase.In addition, you didn't answer my question: How does the shift in ticket types sold, leading to revenue lagging behind, mean that the off-peak fares could be hiked?
If trains are full it isn't just because the fares are affordable. Some people are placing value on being able to get to their destination for an event. Essentially some of those would travel whatever the cost (within reason). If the railway were to price journeys according to perceived demand, revenue would increase.
For example, why does Greater Anglia allow super off-peak day returns when West Ham are playing at the London Stadium? They could generate more revenue of they were blocked on such days. For a while First Great Western caught onto this by having groupsave barred days whenever there were major events on. The railway could make a lot more money pricing up fares when there is a reason for people to travel.
In the same bracket might be 'surge pricing' on Oyster and Contactless. The opportunities exist for the railway to generate a much higher yield at off peak times and potentially spread loadings.
Boosting off peak passenger numbers is more expensive for the operators than charging the existing passengers more.
They can't keep the Sprinters going forever, just as they couldn't keep the other Mark 3 fleets going forever. Besides, a big fleet of reasonably comfortable regional trains is something Northern could reasonably be quite proud of and use in their advertising and so forth to really reinforce the message that the train is the comfortable way to travel. I'd hope this would have some effect on passenger numbers.Whilst regret is probably the wrong word, the first half of the quote is correct. The second half, less so. I suspect it would rather have saved the money.
Or for long distance routes:
"Ah it's Easter Monday and demand is high for Scotland - London services today, we will charge £200+ if you want a ticket for trains between89am & 6pm to try and encourage use outside those times"
They can't keep the Sprinters going forever,
No thanks. We don't need the railway ticketing system to be even more customer-unfriendly and confusing to navigate than it already is. Unfortunately rail has to compete with the car, and the car doesn't have a wildly varying cost depending on when you want to travel.If trains are full it isn't just because the fares are affordable. Some people are placing value on being able to get to their destination for an event. Essentially some of those would travel whatever the cost (within reason). If the railway were to price journeys according to perceived demand, revenue would increase.
For example, why does Greater Anglia allow super off-peak day returns when West Ham are playing at the London Stadium? They could generate more revenue of they were blocked on such days. For a while First Great Western caught onto this by having groupsave barred days whenever there were major events on. The railway could make a lot more money pricing up fares when there is a reason for people to travel.
In the same bracket might be 'surge pricing' on Oyster and Contactless. The opportunities exist for the railway to generate a much higher yield at off peak times and potentially spread loadings.
But which is more beneficial to society/the economy? Fleecing loyal customers or encouraging new people to give rail a try?Boosting off peak passenger numbers is more expensive for the operators than charging the existing passengers more.
I'd like it to use the existing load-spreading mechanisms properly - Advances, and perhaps tweaking the validity of Off-Peak fares - before it does that.In the same bracket might be 'surge pricing' on Oyster and Contactless. The opportunities exist for the railway to generate a much higher yield at off peak times and potentially spread loadings.
The passenger numbers having returned to 85%, but revenue lagging behind, does suggest that the market could support a fairly sizable hike in off-peak fares. At a crude level if a 20% increase in off-peak fares only led to a 10% drop in custom, that would still lead to increased revenue.
| City/region | 2019-2020 passenger journeys starting or ending in area |
| London | 1,069,920,000 |
| Liverpool | 105,646,000 |
| West Midlands | 104,984,000 |
| Manchester | 66,920,000 |
| West Yorkshire | 59,521,000 |
| South Yorkshire | 12,709,000 |
That is interesting analysis. One thing I note when the July RPI was announced and the suggestion was made that train fares may increase below RPI in March 2023 was that TfL fares were not going to be held to a lower increase. (Of course, TfL fares were frozen for a number of years, but London and the South East is a place where off-peak fares could be increased or standardised at the levels on the higher priced routes, particularly in conjunction with the 2024 extension of PAYG.)If it does, then it should only apply in London. You can see in the published figures that the city's system is very often only in the 70-80% range of normal.
None but instead of discounts, how about taking the airline book and introducing incentives…I don't think it does at all
Let's ask, why is revenue lagging behind?
My understanding is that it is because:
- Fewer anytime tickets sold to businesses
- Less passengers travelling first class
- More commuting outside of peak hours, less during peak hours
- More passengers are in the very price-concious leisure travel category - more people are travelling on advance tickets
How would any of those mean that the market could support a sizable hike in off-peak fares?
If I was looking to increase revenue that's definitely where I would focus. Increasing costs around the country will only suppress their own recovery, whereas a £1 increase in London is equivalent to £8 gained elsewhere due to the volume of passengers involved.that TfL fares were not going to be held to a lower increase.
None but instead of discounts, how about taking the airline book and introducing incentives…
Spend X get Y.
Spend X on off peak fares, get off peak incentive Y.
the obvious one would be Y = First class upgrade.
even business savvy travellers will steer towards that perk.
Why does the railway have to have airline style pricing?Whilst I don’t like to pick you up on matter of fares, the correct ending to this sentence would be ‘for many people’.
If this was done, and the revenue management was done well, those trains would be departing full of people who could afford to pay the higher fare. Just like Saturday morning at half term easyJet flights London to Geneva are averaging £500 one way, but they will be full despite the average price for the previous weekend being a tenth of the price.
Why does the railway have to have airline style pricing?
Is it desirable for popular trains to only be available to people who can afford to pay higher fares?
It used too..Why does the railway have to have airline style pricing?
Is it desirable for popular trains to only be available to people who can afford to pay higher fares?