Hotel daily occupancy forecasting with competitive sets: a recursive algorithm
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 and...
| Main Authors: | , , , |
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| Format: | Journal Article |
| Published: |
Emerald Group Publishing Limited
2016
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| Online Access: | http://hdl.handle.net/20.500.11937/54388 |