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http://dx.doi.org/10.12815/kits.2017.16.1.38

Analyzing Effects of the Ticket Release Time on Train Reservation Time: Focusing on KTX Gyeongbu-line  

Kim, Su jae (Dept. of Urban Design and Planning, Univ. of Hongik)
Choo, Sang ho (Dept. of Urban Design and Planning, Univ. of Hongik)
Sohn, Byung hee (Dept. of Urban Design and Planning, Univ. of Hongik)
Publication Information
The Journal of The Korea Institute of Intelligent Transport Systems / v.16, no.1, 2017 , pp. 38-49 More about this Journal
Abstract
In general, railroad operation companies sell tickets to maximize their profits by applying the ticketing release time (when selling any tickets regardless of trip distances). This study is to analyze the effect of the release time on KTX ticket reservation behavior. The reservation behavior in this study means the reservation time calculated by difference between ticketing time and departure time. The data come from KTX ticket sales data of Gyeongbu-line for a week including Saturday and Sunday. The results show that the factors to affect the reservation time are day of the week, trip distance and operation direction, in addition to the release time. Furthermore, most of tickets were reserved three hours before their departure time, and most of the up line weekend users reserved their tickets a day before the departure time. Before the release time, reservation time was affected by up line and long distance travel. On the other hand, after the release time, it was affected by long distance travel and Sunday.
Keywords
KTX; Reservation time; Release time; Regression model; Ticketing data;
Citations & Related Records
Times Cited By KSCI : 3  (Citation Analysis)
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