Revenue management: resolving a revenue optimization paradox
Files
TR Number
Date
2012
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
International Journal of Contemporary Hospitality Management
Abstract
The objectives of this study are to investigate the relationship between hotel room demand and room rates, and to find a viable solution for the optimal room rate that maximizes the total profit.
Description
Keywords
Hotels, Hotel revenue management, Room rates, Hotel demand, Optimization, Optimization techniques, Forecasting