AN OVERVIEW OF THE HOTEL REVENUE MANAGEMENT MODELS
Abstract
The paper gives a brief scope of Hotel Revenue Management theory and discusses its basic def-initions. It also suggests a new classification of Revenue Management processes and surveys dynamic pricing, forecasting and optimization models employed in Hotel Revenue Management. Last section proposes promising directions of future research.
References
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Bandalouski A.M. AN OVERVIEW OF THE HOTEL REVENUE MANAGEMENT MODELS. Informatics. 2014;(2):66-83. (In Russ.)
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