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.
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DOI : 10.1051/ro/2018001
Mots-clés : Revenue management, dynamic pricing, forecasting, optimization
@article{RO_2018__52_1_119_0, author = {Bandalouski, Andrei M. and Kovalyov, Mikhail Y. and Pesch, Erwin and Tarim, S. Armagan}, title = {An overview of revenue management and dynamic pricing models in hotel business}, journal = {RAIRO - Operations Research - Recherche Op\'erationnelle}, pages = {119--141}, publisher = {EDP-Sciences}, volume = {52}, number = {1}, year = {2018}, doi = {10.1051/ro/2018001}, zbl = {1397.90203}, language = {en}, url = {http://www.numdam.org/articles/10.1051/ro/2018001/} }
TY - JOUR AU - Bandalouski, Andrei M. AU - Kovalyov, Mikhail Y. AU - Pesch, Erwin AU - Tarim, S. Armagan TI - An overview of revenue management and dynamic pricing models in hotel business JO - RAIRO - Operations Research - Recherche Opérationnelle PY - 2018 SP - 119 EP - 141 VL - 52 IS - 1 PB - EDP-Sciences UR - http://www.numdam.org/articles/10.1051/ro/2018001/ DO - 10.1051/ro/2018001 LA - en ID - RO_2018__52_1_119_0 ER -
%0 Journal Article %A Bandalouski, Andrei M. %A Kovalyov, Mikhail Y. %A Pesch, Erwin %A Tarim, S. Armagan %T An overview of revenue management and dynamic pricing models in hotel business %J RAIRO - Operations Research - Recherche Opérationnelle %D 2018 %P 119-141 %V 52 %N 1 %I EDP-Sciences %U http://www.numdam.org/articles/10.1051/ro/2018001/ %R 10.1051/ro/2018001 %G en %F RO_2018__52_1_119_0
Bandalouski, Andrei M.; Kovalyov, Mikhail Y.; Pesch, Erwin; Tarim, S. Armagan. An overview of revenue management and dynamic pricing models in hotel business. RAIRO - Operations Research - Recherche Opérationnelle, Tome 52 (2018) no. 1, pp. 119-141. doi : 10.1051/ro/2018001. http://www.numdam.org/articles/10.1051/ro/2018001/
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