OPTIMIZING HOTEL DYNAMIC PRICES

An approach to solvе a problem of determining optimal dynamic prices for hotel rooms is suggested. It includes selection of input parameters for the succeeding mathematical analysis, disaggregation of the demand into several categories, demand forecasting, simulation of demand- price relations, and...

Full description

Bibliographic Details
Main Authors: A. M. Bandalouski, M. Y. Kovalyov
Format: Article
Language:Russian
Published: The United Institute of Informatics Problems of the National Academy of Sciences of Belarus 2016-10-01
Series:Informatika
Online Access:https://inf.grid.by/jour/article/view/121
_version_ 1797877398993108992
author A. M. Bandalouski
M. Y. Kovalyov
author_facet A. M. Bandalouski
M. Y. Kovalyov
author_sort A. M. Bandalouski
collection DOAJ
description An approach to solvе a problem of determining optimal dynamic prices for hotel rooms is suggested. It includes selection of input parameters for the succeeding mathematical analysis, disaggregation of the demand into several categories, demand forecasting, simulation of demand- price relations, and a mathematical programming model for price optimization.
first_indexed 2024-04-10T02:16:35Z
format Article
id doaj.art-b4455ff2040840cf83b8557d0a73b193
institution Directory Open Access Journal
issn 1816-0301
language Russian
last_indexed 2024-04-10T02:16:35Z
publishDate 2016-10-01
publisher The United Institute of Informatics Problems of the National Academy of Sciences of Belarus
record_format Article
series Informatika
spelling doaj.art-b4455ff2040840cf83b8557d0a73b1932023-03-13T08:32:17ZrusThe United Institute of Informatics Problems of the National Academy of Sciences of BelarusInformatika1816-03012016-10-01012638120OPTIMIZING HOTEL DYNAMIC PRICESA. M. Bandalouski0M. Y. Kovalyov1Объединенный институт проблем информатики НАН БеларусиОбъединенный институт проблем информатики НАН БеларусиAn approach to solvе a problem of determining optimal dynamic prices for hotel rooms is suggested. It includes selection of input parameters for the succeeding mathematical analysis, disaggregation of the demand into several categories, demand forecasting, simulation of demand- price relations, and a mathematical programming model for price optimization.https://inf.grid.by/jour/article/view/121
spellingShingle A. M. Bandalouski
M. Y. Kovalyov
OPTIMIZING HOTEL DYNAMIC PRICES
Informatika
title OPTIMIZING HOTEL DYNAMIC PRICES
title_full OPTIMIZING HOTEL DYNAMIC PRICES
title_fullStr OPTIMIZING HOTEL DYNAMIC PRICES
title_full_unstemmed OPTIMIZING HOTEL DYNAMIC PRICES
title_short OPTIMIZING HOTEL DYNAMIC PRICES
title_sort optimizing hotel dynamic prices
url https://inf.grid.by/jour/article/view/121
work_keys_str_mv AT ambandalouski optimizinghoteldynamicprices
AT mykovalyov optimizinghoteldynamicprices