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    • Summaries of Academic Articles on Research in Hospitality (Feiertag Collection)
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    • Feiertag Hospitality Academy-to-Industry Research
    • Summaries of Academic Articles on Research in Hospitality (Feiertag Collection)
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    An introduction to helpful forecasting methods for hotel revenue management

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    An introduction to helpful forecasting methods for hotel revenue management.pdf (341.3Kb)
    Downloads: 30
    Date
    2016-09
    Author
    Pereira, Luis Nobre
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    Abstract
    Revenue management is a key tool for hotel managers’ decision-making process. Cutting-edge revenue management systems have been developed to support managers’ decisions and all have as an essential component an accurate forecasting module. This paper aims to introduce new time series forecasting models to be considered as a tool for forecasting daily hotel occupancies. These models were developed in a state space modeling framework which is capable of tackling seasonal complexities such as multiple seasonal periods and non-integer seasonality.
    URI
    http://hdl.handle.net/10919/85525
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    • Summaries of Academic Articles on Research in Hospitality (Feiertag Collection) [132]

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