Author： Bandalouski Andrei M. Kovalyov Mikhail Y. Pesch Erwin Tarim S. Armagan
Publisher： Edp Sciences
E-ISSN： 1290-3868|52|1|119-141
ISSN： 0399-0559
Source： RAIRO - Operations Research, Vol.52, Iss.1, 2018-04, pp. : 119-141
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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.
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