Author:
Bandalouski Andrei M.,Kovalyov Mikhail Y.,Pesch Erwin,Tarim S. Armagan
Abstract
Basic concepts and brief description of revenue management models and decision tools in the hotel business are presented. An overview of the relevant literature on dynamic pricing, forecasting methods and optimization models is provided. The main ideas of the authors’ customized revenue management method for the hotel business are presented.
Subject
Management Science and Operations Research,Computer Science Applications,Theoretical Computer Science
Cited by
13 articles.
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