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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

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

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

The interaction between a human revenue manager and a computer screen offering revenue-management data is influenced by certain attributes of the computer interface. In this study, 57 experienced hotel revenue managers in Israel tested two interface attributes that affected the way revenue managers ...

Author(s)
Schwartz, Z.; Cohen, E.
Publisher
Elsevier Science Inc., New York, USA
Citation
Cornell Hotel and Restaurant Administration Quarterly, 2004, 45, 1, pp 85-98
Abstract

Fifty-seven experienced hotel revenue managers participated in a study involving the use of simulated forecasting software. The revenue managers examined raw occupancy data and used simulated forecasting software to arrive at their own daily occupancy forecasts and subjective estimates of the...

Author(s)
Schwartz, Z.; Cohen, E.
Publisher
Haworth Hospitality Press, Binghamton, USA
Citation
Journal of Travel & Tourism Marketing, 2004, 16, 4, pp 59-66
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

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

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

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 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

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