An overview of revenue management and dynamic pricing models in hotel business

Bandalouski A. M., Kovalyov M. Y., Pesch E., TARIM Ş. A.

RAIRO - Operations Research, cilt.52, sa.1, ss.119-141, 2018 (Scopus) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 52 Sayı: 1
  • Basım Tarihi: 2018
  • Doi Numarası: 10.1051/ro/2018001
  • Dergi Adı: RAIRO - Operations Research
  • Derginin Tarandığı İndeksler: Scopus
  • Sayfa Sayıları: ss.119-141
  • Anahtar Kelimeler: Dynamic pricing, Forecasting, Optimization, Revenue management
  • Hacettepe Üniversitesi Adresli: Evet

Özet

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.