A Comparative Quantitative Analysis of Contemporary Big Data Clustering Algorithms for Market Segmentation in Hospitality Industry

نویسندگان

  • Avishek Bose
  • Arslan Munir
  • Neda Shabani
چکیده

The hospitality industry is one of the data-rich industries that receives huge Volumes of data streaming at high Velocity with considerably Variety, Veracity, and Variability. These properties make the data analysis in the hospitality industry a big data problem. Meeting the customers' expectations is a key factor in the hospitality industry to grasp the customers' loyalty. To achieve this goal, marketing professionals in this industry actively look for ways to utilize their data in the best possible manner and advance their data analytic solutions, such as identifying a unique market segmentation clustering and developing a recommendation system. In this paper, we present a comprehensive literature review of existing big data clustering algorithms and their advantages and disadvantages for various use cases. We implement the existing big data clustering algorithms and provide a quantitative comparison of the performance of different clustering algorithms for different scenarios. We also present our insights and recommendations regarding the suitability of different big data clustering algorithms for different use cases. These recommendations will be helpful for hoteliers in selecting the appropriate market segmentation clustering algorithm for different clustering datasets to improve the customer experience and maximize the hotel revenue.

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Developing a Macro-segmentation Model at Industry Level: Iranian Banking Industry

Drastic changes and turbulence in macro-economic factors have the greatest impact on banks target market attractiveness in Iran. It is assumed that conventional segmentation models at the corporate level are not efficient for banking system. This study aims to develop a new segmentation model at the industry level for banks of Iran. For this purpose, structures and variables at the industry lev...

متن کامل

High Performance Implementation of Fuzzy C-Means and Watershed Algorithms for MRI Segmentation

Image segmentation is one of the most common steps in digital image processing. The area many image segmentation algorithms (e.g., thresholding, edge detection, and region growing) employed for classifying a digital image into different segments. In this connection, finding a suitable algorithm for medical image segmentation is a challenging task due to mainly the noise, low contrast, and steep...

متن کامل

High Performance Implementation of Fuzzy C-Means and Watershed Algorithms for MRI Segmentation

Image segmentation is one of the most common steps in digital image processing. The area many image segmentation algorithms (e.g., thresholding, edge detection, and region growing) employed for classifying a digital image into different segments. In this connection, finding a suitable algorithm for medical image segmentation is a challenging task due to mainly the noise, low contrast, and steep...

متن کامل

A Comparative Study of Some Clustering Algorithms on Shape Data

Recently, some statistical studies have been done using the shape data. One of these studies is clustering shape data, which is the main topic of this paper. We are going to study some clustering algorithms on shape data and then introduce the best algorithm based on accuracy, speed, and scalability criteria. In addition, we propose a method for representing the shape data that facilitates and ...

متن کامل

Multi-Objective Model for Fair Pricing of Electricity Using the Parameters from the Iran Electricity Market Big Data Analysis

Assessment of the electricity market shows that, electricity market data can be considered "big data". this data has been analyzed by both conventional and modern data mining methods. The predicted variables of supply and demand are considered to be the input of a defined multi-objective for predicting electricity price, which is the result of the defined model. This shows the advantage of appl...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

عنوان ژورنال:
  • CoRR

دوره abs/1709.06202  شماره 

صفحات  -

تاریخ انتشار 2017