Artificial intelligence in today’s hotel revenue management: opportunities and risks
نویسندگان
چکیده
منابع مشابه
A Discrete Stochastic Approach to Hotel Revenue Management
A linear programming model has been presented for finding an appropriate planning in order to maximize hotel revenue. In this model, a special planning horizon has been considered that includes several busy days of a year. There are several reservation periods that may start a few months earlier. Each period of reservation may have different prices and so result different incomes. Hotel custo...
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Revenue Management (RM) is a technique that applies economic principles to system variables in order to maximize revenue. The focus of hotel RM, as perceived by most hospitality practitioners and researchers, is room revenue maximization. Available software products do not use any high level information and do not use sophisticated prediction models. In this paper we propose a conceptual RM mod...
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ژورنال
عنوان ژورنال: Research in Hospitality Management
سال: 2019
ISSN: 2224-3534,2415-5152
DOI: 10.1080/22243534.2019.1689702