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- W2031890973 abstract "Nowadays yield management is a strategic and tactical tool for hotels to improving its revenues and profitability under the global competitive environment. Compared to the airline industry, hotel yield management has some unique characteristics. A central reservation system is urgently needed to be built up for a hotel to use yield management in China. In this paper, we use the Holt-Winters process to forecast room demands in the future periods. Then we build a hybrid optimization model for hotel yield management, and a branch-and-bound method mixed with greedy algorithm is developed to solve the problem." @default.
- W2031890973 created "2016-06-24" @default.
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- W2031890973 date "2005-01-01" @default.
- W2031890973 modified "2023-09-26" @default.
- W2031890973 title "A hybrid optimization model for hotel yield management" @default.
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- W2031890973 doi "https://doi.org/10.1109/icsssm.2005.1499473" @default.
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