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An Overview of Revenue Management and Dynamic Pricing Models in Hotel Business

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Date

2018

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Edp Sciences S A

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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.

Description

Tarim, S. Armagan/0000-0001-5601-3968; Kovalyov, Mikhail/0000-0003-0832-0829

Keywords

Revenue Management, Dynamic Pricing, Forecasting, Optimization

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Citation

Bandalouski, A.M., Kovalyov, M.Y., Pesch, E., Tarım, S.A. (2018). An overview of revenue management and dynamic pricing models in hotel business. Rairo-Operations Research, 52(1), 119-141. http://dx.doi.org/10.1016/10.1051/ro/2018001

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Q3
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OpenCitations Citation Count
13

Source

18th Annual Conference of the French-Society-for-Operational-Research-and-Decision-Support (ROADEF) -- FEB 22-24, 2017 -- Metz, FRANCE

Volume

52

Issue

1

Start Page

119

End Page

141
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CrossRef : 12

Scopus : 17

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Mendeley Readers : 65

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3.31651714

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3

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14

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