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Abstract

This research paper investigates the revenue management practices of Romanian classified hotels through a survey of 85 managers. The information found shows that the focus is on the pricing policy and not necessarily on their dynamics, on the optimization of the inventory sales and less on...

Author(s)
Țierean, O.
Publisher
Transilvania University Press, Brașov, Romania
Citation
Bulletin of the Transilvania University of Brasov, Series V - Economic Sciences, 2018, 11, 2, pp 57-70
Abstract

This study demonstrates the value of using readily available Organisation for Economic Co-Operation and Development (OECD) indicators to estimate hotel occupancy trends in a particular territory (Hong Kong) drawing upon almost four decades of data (1972-2010). The indicators predict the economic...

Author(s)
Tang MeiFung [Tang, M. F. C. ]; King, B.; Pratt, S.
Publisher
Sage Publications Ltd, London, UK
Citation
Tourism Economics, 2017, 23, 5, pp 1096-1113
Abstract

This exploratory research paper investigates the revenue management practices of accommodation establishments in Turkey through a survey of 105 managers. The findings indicate that hoteliers put the emphasis on price discrimination and room availability guarantee and are less likely to consider...

Author(s)
Ivanov, S.; Ayas, C.
Publisher
Elsevier B. V., Amsterdam, Netherlands
Citation
Tourism Management Perspectives, 2017, 22, pp 137-149
Abstract

Predicting daily occupancy is extremely important for the revenue management of individual hotels. However, daily occupancy can fluctuate widely and is difficult to forecast accurately based on existing forecasting methods. In this article, ensemble empirical mode decomposition (EEMD) - a novel...

Author(s)
Zhang GaoJun; Wu JinFeng; Pan Bing; Li JunYi; Ma MinJie; Zhang MuZi; Wang Jian
Publisher
Sage Publications Ltd, London, UK
Citation
Tourism Economics, 2017, 23, 7, pp 1496-1514
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...

Author(s)
Pereira, L. N.
Publisher
Elsevier Ltd, Amsterdam, Netherlands
Citation
International Journal of Hospitality Management, 2016, 58, pp 13-23
Abstract

Purpose - This paper aims to improve the accuracy of hotel daily occupancy forecasts - an essential element in the revenue management cycle - by proposing and testing a novel approach. The authors add the hotel competitive-set's predicted occupancy as an input of the individual property forecast...

Author(s)
Schwartz, Z.; Uysal, M.; Webb, T.; Altin, M.
Publisher
Emerald Group Publishing Ltd, Bradford, UK
Citation
International Journal of Contemporary Hospitality Management, 2016, 28, 2, pp 267-285
Abstract

Although there is considerable interest in the advance bookings model as a forecasting method in the hotel industry, there has been little research analyzing the use of an advance booking curve in forecasting hotel reservations. The mainstream of advance booking models reviewed in the literature...

Author(s)
Tse SzeMing [Tse, S. M. T. ]; Poon, Y. T.
Publisher
Routledge, Philadelphia, USA
Citation
Journal of Travel & Tourism Marketing, 2015, 32, 7, pp 852-869
Abstract

This special issue highlights new research perspectives and progress in revenue management (RM) practices in the tourist and hospitality industries. It consists of eight papers covering: RM strategies and segmentation; booking and occupancy forecasting and modelling issues; hotel cancelation...

Author(s)
Legohérel, P.; Schwartz, Z.; Heo, C. Y.; Wang, X. L.
Publisher
Routledge, Philadelphia, USA
Citation
Journal of Travel & Tourism Marketing, 2015, 32, 7, pp 795-933
Abstract

This study aims to draw the attention of the revenue management academic community to inherent problems in forecasting accuracy measurement, and to initiate a critical discussion about forecast quality assessment in hotels. An exhaustive, literature-based set of seventeen forecasting accuracy...

Author(s)
Koupriouchina, L.; Rest, J. P. van der; Schwartz, Z.
Publisher
Elsevier Ltd, Amsterdam, Netherlands
Citation
International Journal of Hospitality Management, 2014, 41, pp 104-114
Abstract

Purpose - The aim of this paper is to assess the performance of different widely-adopted models to forecast Italian hotel occupancy. In particular, the paper tests the different models for forecasting the demand in hotels located in urban areas, which typically experience both business and leisure...

Author(s)
Ellero, A.; Pellegrini, P.
Publisher
Emerald Group Publishing Ltd, Bradford, UK
Citation
International Journal of Contemporary Hospitality Management, 2014, 26, 3, pp 383-400

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